Global survey reports cybersecurity spend up 51% in a year, but CISOs & CEOs fear companies unprepared to face growing risks
Thoughtlab’s benchmark study of 1,200 diverse large organizations in 16 countries found that while more than $125.2 billion annually has been spent to shore up this area, the rapidly evolving threat landscape has many companies at significant risk. Weak links are: complexity of supply chain (44%), rapid digital innovation (41%), and inadequate budget plus lack of executive support (28% each).