The economic downturn will impact organizations in the second half of 2022. Departments across the board will be asked to rein in spending to adjust to this new normal. Security leaders with a plan in place for strategically tightening or even reducing application security spending will be in a credible position to defend the areas of the application security budget that can’t be cut without risk to the business. This report provides insight into costly application attacks and where budget trade-offs can be made.