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Aligning security and business strategies

CIO

By Sean Duca, vice president and regional chief security officer for Asia Pacific and Japan at Palo Alto Networks Some economists predict that we could soon face a global recession. This is the time when many CFOs trawl through every line item in the budget, looking for potential savings.

Security 264
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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 363
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Cybersecurity Funding Shows Resilience In Q1

Crunchbase News

Venture funding overall was still sluggish , but cybersecurity startups saw some love from investors in the first quarter of 2024. To be sure, this is not the salad days of 2021 — cybersecurity funding was still down year to year — but the sector saw its best funding quarter in three quarters. billion valuation.

IoT 116
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Why IT leaders are putting more business spin on security spend

CIO

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

Security 279
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H1 2022 cybersecurity product-led growth market map

TechCrunch

It’s no different in the cybersecurity space. To find out, I analyzed more than 800 products from over 600 vendors using information from open sources, including Google, Gartner, CB Insights and startup/vendor lists from different sources. The below map summarizes the state of product-led growth in the cybersecurity industry.

Security 242
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Cybersecurity Snapshot: SANS Offers Tips for Maximizing Smaller OT Security Budgets

Tenable

A SANS Institute survey found that budgets for ICS/OT security have shrunk, and advises on how to do more with less. In addition, CISA’s Cybersecurity Awareness Month campaign challenges tech vendors to build safer products. Essentially, budgets are down in just about every category we analyzed,” the SANS Institute report reads.

Budget 65
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IT budget shock: Global IT services firms continue to struggle

CIO

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

Budget 246