ESG Brief: Cybersecurity Spending Trends for 2022


IT spending is accelerating in 2022, and cybersecurity initiatives are leading the charge as enterprises race to digitally transform and satisfy heightened customer expectations while simultaneously securing hybrid workforces. Among the top cybersecurity areas targeted for increased spending are cloud security, data security, network security, and endpoint security—indicative of a more holistic approach to cybersecurity investments. Although organizations face a range of cyber-threats, ransomware continues to be among the most challenging attack types, making ransomware readiness a top business priority that’s prompting senior leaders to participate in ransomware strategies.

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Topics: Cybersecurity IT Spending Intentions