Trends Report

Security Budgets 2018: Financial Services And Insurance

New Initiatives Require Security To Take An Expertise-On-Demand Approach

March 22nd, 2018
With contributors:
Christopher McClean , Elsa Pikulik , Peggy Dostie

Summary

Data breaches, regulation, stiff competition for talent, and decentralized technology spending are still major challenges for security leaders in the FSI industry. We compare the budgets of security decision makers in this industry at firms that spend from 0% to 20% and from 21% to 40% of their overall tech budget on information security technologies. Security leaders in the financial services and insurance industry can use these budget ranges as a starting point, then compare their product, service, staffing, and other allocations with those of similar firms.

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