CYBER SECURITY INVESTMENT TO INCREASE BY 10% IN 2021

Most enterprise executives plan to increase their cyber security budgets in 2021 with about 51% adding full time cyber staff in 2021. Pwc found that despite business revenues decline in 2021, 61% of executives are planning to ramp up their cyber security spending because cyber security is more critical to business survival more than ever before. The coronavirus pandemic and the impact on business operations globally have put pressure on security organizations to make sure that investments on cyber security are efficient and high value spending. Getting the most value for every penny spent on cyber security becomes more critical as identities digitize every of their process and asset becomes a new cyber attack target

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