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TechRadar
TechRadar
Sead Fadilpašić

Budgets shrink as security pressure mounts

Representational image depecting cybersecurity protection.

Despite knowing they’re falling behind in the cybersecurity race, many firms are allocating smaller portions of their IT budgets to security, new research has claimed.

A report from Vanta based on a survey of 2,500 business leaders found two-thirds of UK businesses (66%) believe they should improve their security and compliance measures. What’s more, a quarter (25%) of the respondents have rated their organization’s security and compliance strategy as reactive. 

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