Security News > 2021 > August > While IT budget allocations for cybersecurity are significant, data breaches still very common

While IT budget allocations for cybersecurity are significant, data breaches still very common
2021-08-12 03:30

While IT security decision makers often consider cyberattacks a serious concern and are allocating a significant share of their IT budget to address their cybersecurity challenges, data breaches have still been uncomfortably commonplace, an INTRUSION survey reveals.

Data breaches are too commonplace despite allocating significant portions of their IT budget to cybersecurity.

As "Very Effective," 61% were still "Very Concerned" about cyberattacks threatening their organization.

When asked which - staff or solutions - was most critical for effective defense against cyberattacks at their organization, 28% favored the cybersecurity team, while 19% favored their product mix.

The survey addresses internal and external threats and reveals a sentiment of false security given the occurrences of data breaches.

Data breaches continue despite significant IT budget allocations for cybersecurity.


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