Cybersecurity Cuts In Business

By   ISBuzz Team
Writer , Information Security Buzz | Oct 24, 2017 03:00 pm PST

Following news today that businesses in the UK have cut their spend on cybersecurity despite the growing threat of attacks (budgets are a third of what they were this time last year, down to £3.9m on average, compared to £6.2m last year according to research from PwC), David Emm, Principal Security Researcher at Kaspersky Lab commented below.

David Emm, Principal Security Researcher at Kaspersky Lab:

david emm“If a drop in spending on cybersecurity means that security is less of a priority, this is certainly worrying. Our dependence on technology and connectivity means that we offer a much bigger attack surface than ever before – to attackers with a range of motives – so businesses need to ensure that they have an effective security strategy in place. This is not just about money, of course; it’s about making appropriate use of technology to limit the scope of an attack.  But it’s also about developing processes that allow the business to respond effectively if an attack occurs.”