Security News > 2021 > April > IT security budgets to increase over the next 12 months

IT security budgets increase to include more UEM and biometrics.

The study, which polled 400 CISOs across EMEA, found that the average IT security budget last year was over €64 million, and 81% expect this to increase over the next 12 months.

Despite CISOs claiming that 41% of their overall IT security budgets was spent on UEM software in the last year, 80% said they expect investment in specialised UEM software to increase over the next year.

70% of CISOs claimed that their organization's reliance on biometric authentication to enable remote access to business data would increase, with 24% saying it would significantly increase.

"As a result, IT security budgets are spiralling out of control. To better manage IT and software spending, CISOs should consider implementing spend intelligence technology. Spend intelligence provides insight into software landscapes and application spend across all IT environments improving operational speed, asset visibility, and can cut costs."

"Spend intelligence, coupled with a zero trust approach to secure digital assets from cloud to edge by verifying each asset and transaction ahead of permitting access alongside biometric authentication, will create a stronger security standard, improve the user experience, control IT security spend, and help remove pressure from help desks optimising IT environments."

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/O-IeBpZ9pf4/