Security News > 2020 > November > Enterprise IT security teams continue to struggle

Enterprise IT security teams continue to struggle
2020-11-02 05:30

CyberEdge conducted a web-based survey of 600 enterprise IT security professionals from seven countries and 19 industries in August 2020 in an effort to understand how the pandemic has affected IT security budgets, personnel, cyber risks, and priorities for acquiring new security technologies.

A 114% increase in remote workers coupled with a 59% increase in BYOD policy adoption has wreaked havoc among enterprise IT security teams.

The top-three challenges experienced by enterprise IT security teams have been an increased volume of threats and security incidents, insufficient remote access / VPN capacity, and increased risks due to unmanaged devices.

With regard to the impact of the pandemic on next year's security budgets, 64% of organizations plan to increase their security operating budgets by an average of 7%. Increased demand for cloud-based IT security investments.

Despite increased funding for cloud-based security technology investments, 67% of enterprise security teams were forced to temporarily reduce personnel expenses through hiring freezes, temporary reductions in hours worked, and temporary furloughs.


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