89 percent of organizations expect to increase data security budgets

A new report from Normalyze shows that 89 percent of organizations expect to see a significant or moderate increase in data security budgets over the next 12 months, driven by the escalating threat landscape and stringent regulatory requirements like GDPR and HIPAA. The report, based on research by Omdia, finds top security priorities include reducing the opportunity for threats to infiltrate data stores (59 percent), improving data security posture (53 percent), and demonstrating ROI through improved reporting and business communication (42 percent). Use of Data Security Posture Management (DSPM) is rising, particularly among larger organizations, with 72 percent of companies… [Continue Reading]