Security News > 2021 > January > A Look Ahead at 2021: SolarWinds Fallout and Shifting CISO Budgets

With the budgeting cycles,starting back up again, I think that we're gonna see a lot of investment in cloud security and endpoint security for employee off-site devices and things like that.

I'm really curious what the implication there might be for security, because I think that there's going to be a lot of other unprecedented security challenges or issues, as employees go back to work - whether it's companies starting to think about using exposure notification or contact-tracing apps within the workplace - or companies struggling with a hybrid remote/employees working in the office model think.

Speaking of healthcare data, and vaccines and whatnot, I think another huge security trend in 2020 that is definitely rolling over to 2021 is healthcare security.

I think like you mentioned, Tom, it's going to come down to whether hospitals and healthcare organizations try to foster better cybersecurity budgets and look into those different resources that may help them in the long run, at least proactively defend against these types of threats.

Again, I think that some of the statistics regarding budgets or increased budgets, you really have to look at pre-pandemic budgets versus 2021 budgets, because budgets dropped significantly a year over a year, jump in a budget, I mean, 50 percent may sound great, but if their budget was cut by 80 percent last year, that 50 percent increase doesn't really get them to where they need to be.

I think when a lot of the forecasters and prognosticators were thinking about 2021, it was before the the the impact of the SolarWinds hack had sort of penetrated their consciousness or perhaps it had, but it wasn't as top of mind.

News URL

https://threatpost.com/2021-solarwinds-fallout-shifting-ciso-budgets/162897/