With compliance on the mind, corporate boards up cyber investments

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11 months ago

COVID has accelerated the investment into both cloud and remote working budgets, but security must be built in.

 
Despite the pandemic, boards are increasing investment in security, and organizations expect their security budgets to expand over the next year.
 

Of the 900 global chief information security officers and information technology decision-makers tapped for Thycotic’s CISO Decisions survey, 77 percent said their boards have okayed investment in new security projects. The sentiment is driven primarily by security incidents in their companies or fear they would fail a compliance audit.

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