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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