Global cyber security budget increase 2016-2024

Published by
Alexandra Borgeaud,
Nov 11, 2024

Companies worldwide have increased their security by at least 50 percent since 2016. However, it is expected that in 2024, companies will record a 47 percent increase in their security budget, a four-percent drop compared to the previous year.

Cyber security budget increase worldwide from 2016 to 2024

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Release date

October 2024

Region

Worldwide

Survey time period

Q2 2024

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Statistics on " Cybersecurity skills gaps "

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Overview

4

Budgets & priorities

5

Cybersecurity workforce

8

Skills gaps

8

Other challenges

7

Tech layoffs

6

Outlook

3

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Cybersecurity skills gapsCybersecurityBusiness cybersecurity in the UKIT skills
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