While the Deloitte survey is almost one year old, it resonates, even more, today than it did in 2019. What jumps out from the study are the following points:
Education & Awareness.
The most successful programs exhibit several core traits, including setting a tone at the top of an organization, with both executives and the board
The need to raise cybersecurity's profile beyond the IT department to give the security function higher-level attention and greater clout
You must align cybersecurity efforts with the company's business strategy
Companies spend an average of 10% of their IT budget on cybersecurity.
Spending PER EMPLOYEE averages USD $1,300 to USD 3,000 for cybersecurity
Large firms spent nearly 20% of their budget on identity and access management – 2x more than small/medium firms
Smaller/Midsize firms spent more on end-point and network security
HOW a security program is planned, executed, and governed is likely as important as how much money is devoted to cybersecurity.
Check out the Deloitte and FS-ISAC survey – click here
Integrated Cyber has a robust set of offerings to help you educate and create the awareness needed to combat the increased cyber threat facing your business. Check out our Learning and Development offerings – click here