By Astrid Gobardhan, Group Data Protection Officer at VFS Global, the world’s largest outsourcing and technology services specialist Against a backdrop of biting inflation and uncertainty across global markets, many organizations are now revising down their annual commitments towards internal work, such as IT, with some forecasters predicting as much as a 20 per-cent fall in spending across this area over the next year. Yet, interestingly and against the grain of anticipated budget cuts, a new survey, published by the Enterprise Strategy Group (ESG) suggests that almost two-thirds (65 per-cent) of senior leaders – including IT decision-makers – intend to increase their cybersecurity spend over the coming year, given the evolving threat and frequency of online attacks.

Source: Cyber Defense Magazine