Security budgets are growing and so are security costs, with drivers coming from all sides: data breaches that are more frequent and more expensive to remediate; preventative technologies that are costly to buy and maintain; and talent that remains both pricey and hard to find.
On a positive note, businesses today are better at understanding risks and allocating more of their attention and IT budgets (23%) to cybersecurity. Enterprises, as reported in new Kaspersky research, believe their security budgets will grow by 15% over the next three years, as do businesses with less than 50 employees. SMBs are about the same, anticipating 14% growth in security spend by 2021, according to Kaspersky.
