budget covid infosec cybersecurity budgets

Has COVID-19 affected your cybersecurity budgets?

We ran a survey of cybersecurity professionals on what effect COVID-19 is having on their resources. We found out some interesting facts we would like to share with you.

Budgets

cybersecurity budgets

Over 76% of the respondents said their cybersecurity budgets will increase or that they don’t anticipate them to change. Almost a quarter of them are expecting a decrease.

Cybersecurity vendors

cybersecurity vendors

Over 75% of our respondents said they do not anticipate changes in the number of their cybersecurity  providers.

Budgets might not be increasing, but they’re getting re-prioritized

Our survey respondents anticipate  the highest increases are going to be in Business Continuity and Remote Security policy (76%) .
The biggest decrease in budget was on protecting the supply chain (10%) and they also have the largest “no change” percentage (63%).

cybersecurity
Cybersecurity

Do you agree with these results? Do they align with what you’re seeing at your organization as well? We would love to get your input. You can reach out to us via our Contact Us page!

HolistiCyber

HolistiCyber enables organizations in their cyber defense challenge, providing them with state-of-the art consultancy, services & solutions to help them proactively and holistically defend themselves in a new era of constantly evolving cyber threats, many of which lead to nation state grade attacks.

Learn more…

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