Tag: Spend
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The Pentagon Wants to Spend $141 Billion on a Doomsday Machine
The DOD wants to refurbish ICBM silos that give it the ability to end civilization. But these missiles are useless as weapons, and their …
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Royal Mail to Spend £10m on Ransomware Remediation
Royal Mail has revealed a multimillion-pound cost attached to a serious ransomware breach it suffered earlier this year. The British postal …
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Australia, New Zealand Enterprises Spend Big on Security — But Will It Be Enough?
Australian and New Zealand businesses will increase spending on cybersecurity by double digits… but they might not be able to spend their …
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Half of Breached Organizations Unwilling to Increase Security Spend: IBM
IBM Security has released its annual Cost of a Data Breach Report, showing the global average cost of a data breach reached $US4.45 …
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SOCs Spend 32% of the Day On Incidents That Pose No Threat
When it comes to the first line of defense for any company, its Security Operations Center (SOC) is an essential component. A SOC is a …
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Spend on Safety Measures & Call Out Insecure Practices for Safer IoT
The Internet of Things (IoT) is and always will be a contentious subject for cybersecurity. Not because of the convenience these devices …
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IT and Security Professionals Spend an Average of 4,300 Hours Annually Achieving or Maintaining Compliance
, Jan. 30, 2023 /PRNewswire/ — Drata, a continuous security and compliance automation platform, today announced the results of its …
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Businesses Increasing Cyber Spend Without Clear Strategy, Fastly Finds
Most businesses worldwide claim to be confident that their current cybersecurity budgets are fit for their needs, but at the same time …
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Firms Spend $1197 Per Employee Yearly to Address Cyber-Attacks
Companies pay an average of $1197 per employee yearly to address successful cyber incidents against email services, cloud collaboration …
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Florida Yet to Spend $30M Allocated for Cybersecurity
Lawmakers in Florida are asking why the state has failed to spend millions of dollars it was assigned to fund the implementation of new …
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House Committees Seek to Spend Millions on Cybersecurity
A pair of House committees this week said they want to spend additional millions on cybersecurity by injecting funds into both the U.S. …
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Financial Services Firms Spend Over $2m on Ransomware Recovery
Global financial services firms spent more than $2m on average recovering from a ransomware attack last year, according to new data from …
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