Security News > 2023 > February > Cybersecurity budgets are going up. So why aren't breaches going down?

Despite growing attention and budgets for cybersecurity in recent years, attacks have only become more common and more severe.

It's easy to assume that the solution to the cybersecurity problem is money- to hire more security experts, to invest in more tools and technology.

Nearly 70% of cybersecurity workers "Feel their organization does not have enough cybersecurity staff to be effective." So, even if an organization has the budget to hire a small army of cybersecurity experts, they might not be able to find them.

Data from the past several years shows that organizations are investing more and more on cybersecurity each year.

So the question becomes: how can organizations minimize the amount of time it takes to detect and defeat a threat? The answer: impactful intelligence that improves visibility on risks and enables cyber agility in responding to and taking down threats.

This new framework brings a must-needed shift from looking at cybersecurity as strictly a technical problem, to a new mindset where cybersecurity is viewed as a business challenge that must be addressed in an efficient and cost-effective manner.

News URL

https://thehackernews.com/2023/02/cybersecurity-budgets-are-going-up-so.html