Trends Report

Understand Cybersecurity And Risk Budgets For 2015

Security's Sudden Spotlight Is The CISO's Double-Edged Sword

January 14th, 2015
EF
Ed Ferrara
With contributors:
Christopher McClean , Adrian Chapman , Claire O'Malley

Summary

2014 was a watershed year for cybercrime, and companies of all sizes have noticed. Executives are now placing renewed emphasis on cybersecurity, and budgets are increasing accordingly. Chief information security officers (CISOs) must now apply these additional resources effectively, because there are also requirements to show that new expenditures will create positive results. This paper draws on information from Forrester's 2014 global security survey, which shows that CISOs will find a significant improvement in their 2015 budgets, with staffing and technology implementation challenges driving the cybersecurity agenda. CISOs and their staff will be under greater pressure to maximize the value of their investments as they try to improve the security posture of the organizations they serve.

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