Budget constraints force cybersecurity teams to do more with less

49% of organizations have sufficient budget to fully meet their current cybersecurity needs, and 11% can, at best, protect only their most critical assets, according to a survey by the Neustar International Security Council. Despite the rapidly changing threat landscape, 35% of information technology and security professionals responding to the survey said their organization’s cybersecurity budget would remain the same or decrease in 2023, and 44% of these individuals believe their business will be more exposed and at risk as a result.

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