Imagine paying for a small lock on your house every year. Burglars continue to break in despite what you think is a strong security deterrent. You spend the same amount every year on this inadequate security despite the different products on the market that promise to protect your home better.
This is what some security experts believe enterprises are doing on a larger scale. Those on staff who are doing the budgeting might blindly write the same amount into the security line every year. Or the C-suite might handcuff the security personnel with a tight budget that doesn’t allow for expansion into new security products.
Mike D. Kail, Chief Innovation Officer at Cybric, said the topic of increasing cybersecurity budgets seems to be in the news every day, but unfortunately there also seems to be a large-scale breach to match that. “Tactical purchasing of point-solution tools is not helping, and CIOs/CISOs need to start investing in strategic platforms and frameworks.”
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(Insider Story)
Source: News Feed