Data security spending at record levels but costly breaches continue

A new report from Fortinet reveals that despite organizations increasing their data security budgets by 72 percent last year, insider-driven data incidents continue to surge, with 77 percent of companies experiencing at least one breach in the past 18 months. The study, conducted with Cybersecurity Insiders, exposes a critical disconnect, while security leaders are adopting smarter strategies and securing stronger funding, traditional data loss prevention (DLP) tools are failing to protect against today's sophisticated threats in cloud-heavy, distributed work environments. The report also highlights the problem of legacy tool failure. Intellectual property, a high-value target in industries like tech and… [Continue Reading]