Companies worldwide have increased their security by at least 50 percent since 2016. It is expected that in 2023, companies would record a 51 percent increase in their security budget, a four-percent drop compared to the previous year.
Cyber security budget increase worldwide from 2016 to 2023
Characteristic
Security budget increase
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ISACA. (October 2, 2023). Cyber security budget increase worldwide from 2016 to 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/
ISACA. "Cyber security budget increase worldwide from 2016 to 2023." Chart. October 2, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/
ISACA. (2023). Cyber security budget increase worldwide from 2016 to 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/
ISACA. "Cyber Security Budget Increase Worldwide from 2016 to 2023." Statista, Statista Inc., 2 Oct 2023, https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/
ISACA, Cyber security budget increase worldwide from 2016 to 2023 Statista, https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/ (last visited July 22, 2024)
Cyber security budget increase worldwide from 2016 to 2023 [Graph], ISACA, October 2, 2023. [Online]. Available: https://www.statista.com/statistics/1322698/cybersecurity-budget-increase-forecast-worldwide/