Misguided expectations on security spend are causing problems for CISOs despite notable budget increases. That’s according to new research from risk and cybersecurity solutions provider BSS, which surveyed 150 security leaders. It found that while most CISOs are experiencing noteworthy increases in security funding, impractical expectations of budget holders are leading to significant amounts being spent on what’s hitting the headlines instead of strategic, business-centric investment in security defenses. This lack of understanding shows that a lot of work needs to be done to ensure that information security receives the attention it deserves, especially in the boardroom, the report said.
More Stories
US Treasury Department Sanctions Chinese Company Over Cyberattacks
From the Washington Post: The sanctions target Beijing Integrity Technology Group, which U.S. officials say employed workers responsible for the...
Phishing Click Rates Triple in 2024
Netskope observed a 190% growth in enterprise users clicking phishing links as attackers become more creative in delivering effective lures...
UK Government to Ban Creation of Explicit Deepfakes
The UK government is cracking down on the generation of sexually explicit deepfakes in a bid to protect women and...
CISA Claims Treasury Breach Did Not Impact Other Agencies
The US Cybersecurity and Infrastructure Security Agency claims a recent China-linked breach was confined to the Treasury Read More
Supply Chain Attack Targets Key Ethereum Development Tools
A new supply chain attack targets Ethereum tools, exploiting npm packages to steal sensitive data Read More
New PhishWP Plugin Enables Sophisticated Payment Page Scams
The PhishWP plugin enables scammers to create fake payment pages, stealing sensitive data via Telegram Read More