agreements (SLAs) with third-party
providers or by selecting cloud
services with suitable encryption
and data recovery mechanisms.
People
The boardroom is increasingly taking
part in the cybersecurity-provisioning
debate, as part of a wider discussion
about Digital Transformation.
With cybersecurity incidents
being far-reaching and costly,
the boardroom is increasingly
taking part in the cybersecurity-
provisioning debate, as part of a
wider discussion about
Digital Transformation.
Our research suggests that c-level
executives now feel they have a
personal and professional stake
in the changes being made.
Enterprises are now spending
almost a third of their IT budget
(£6.8 million) on cybersecurity,
demonstrating the importance
top management is now willing to
attribute to security.
In addition, IT security budgets are
expected to rise over the next three
years across all segments – very
small businesses and enterprises
alike predict they will spend up to
15% more on cybersecurity in this
time, while SMBs predict a similar
14% increase.
CEOs are recognised as the driving
force behind Digital Transformation
change. They are ramping up their
playbooks, changing their mindsets
and recruiting for roles such as Chief
Digital Officer, with the authority and
budget to make things happen.
What’s abundantly clear is that the
best chance of Digital Transformation
success is when data processes are
secure and vulnerabilities protected
against. But for that, companies need
a reliable partner that can provide the
best technical solutions that are also
flexible enough to adapt according to
each and every business need. u
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Issue 08
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