In a survey conducted amongst executives and corporate directors of organizations in Australia in 2021, over the next two years, organizations planned to allocate around 13 percent of their cyber security spending to integrating controls and processes across disciplines including risk, cyber, compliance, and privacy. Other planned spending categories included reducing outdated or end-of-life technology, and restructuring their security teams.
Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative
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Share of planned cybersecurity spend
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Respondents were executives (38 CEOs, and 76 corporate directors, CFOs, CISOs, CIOs, and C-Suite officers)
Supplementary notes
Question: "In the next two years, what portion of your cybersecurity spend will your organisation allocate to each of the following initiatives to simplify cybersecurity?"
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PwC Australia. (October 27, 2021). Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/
PwC Australia. "Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative." Chart. October 27, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/
PwC Australia. (2021). Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/
PwC Australia. "Distribution of Intended Spending over The next Two Years to Simplify Cyber Security by Organizations in Australia in 2021, by Initiative." Statista, Statista Inc., 27 Oct 2021, https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/
PwC Australia, Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative Statista, https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/ (last visited August 24, 2024)
Distribution of intended spending over the next two years to simplify cyber security by organizations in Australia in 2021, by initiative [Graph], PwC Australia, October 27, 2021. [Online]. Available: https://www.statista.com/statistics/1339570/australia-share-of-planned-cyber-security-spending-by-organizations-by-initiative/