In recent years, many organizations have experienced a flatlining of cyber budgets driven by economic pressures, shifting compliance landscapes, and an evolving threat environment.
The tendency for organizations to plateau their cyber security spending originates from a sense of compliance being achieved, leading to the diminished urgency for further investment.
The united push of regulatory frameworks, like DORA and NIS2, sees sectors such as financial services maintain robust cyber security spending compared to less regulated areas.
The increase of platform-based cyber software solutions has simultaneously allowed organizations to optimize their budgets, creating a paradox where efficiency leads to reduced individual software spending.
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