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IT Security from csoonline.com: “Cybersecurity Budgets Across the Globe”

Cybersecurity Budgets Across the Globe

According to a recent AT&T-sponsored survey, the type and amount of your cybersecurity investments may be significantly influenced by the region in which your organization is based. On average, the AT&T 2017 Global State of Cybersecurity survey found that companies located in Asia-Pacific (APAC) are investing more heavily in cybersecurity defenses and cyberinsurance than their counterparts in the U.S. and EMEA..

For example, 58 percent of APAC respondents said they were allocating 10 percent or more of their organization’s budget to cybersecurity, compared to just 47 percent of EMEA respondents and 39 percent of U.S. respondents. That disparity is likely to grow even greater, with 40 percent of APAC companies expecting cybersecurity budgets to increase – by an average of 18 percent – in the coming 12 months.

Source: www.csoonline.com/article/3235133/data-breach/cybersecurity-budgets-across-the-globe.html

Thor Pedersen

IT, information security, and project management trainer Best selling CISSP. CISM, and PMP instructor on Udemy. CISSP, CISM, C|EH, CDPSE, PMP, 2x CCNP, CompTIA Security+, SCP, 3x CCNA, et. Al.

This Post Has 2 Comments

  1. Chris Chi-Town

    Could it be that the senior managers in APAC have a better knowledge and understanding of the risks and impact of cyber threats against their companies?

    1. Thor Pedersen

      It very well could be, they may actually understand what happens if we are breached and how it will impact the company (and them).

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