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For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. 2023 forecast for worldwide IT spending In its monthly forecast for worldwide IT …
Organizations follow a reactive approach to cybersecurity which is stifling their progress in demonstrating value and aligning with business outcomes, according to WithSecure. 83% of respondents surveyed in the study were interested in, planning to ado…
Amid economic uncertainty and downturn, organizations are leaning on their technologists to continue to innovate and drive business value, according to Pluralsight. Though 65% of tech team leaders have been asked to cut costs, 72% still plan to increas…
Despite the economic uncertainty, 57% of organizations plan to increase their cybersecurity budgets in 2023, according to a survey from Arctic Wolf. This highlights a powerful trend: critical needs like security must be addressed even with IT budgets t…
Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to IDC. Investments in hardware, software, and services related to cybersecurity are expected to reach nearly…
While 93% of CIOs expect an increase in IT budgets for 2023, 83% of them are feeling pressured to stretch their budgets even further than before, with a focus on managing cloud costs more efficiently and addressing the growing issue of technical debt, …
“In 2022, investment scam losses were the most (common or dollar amount) scheme reported to the Internet Crime Complaint Center (IC3),” the FBI shared in its 2022 Internet Crime Report. This category includes crypto-investment scams such as…
Today’s business leaders are grappling with two opposing challenges. On the one hand, present day global economic and recessionary pressures mean spending policies need to be reviewed and cash reserves built up. On the other hand, the volume and increa…
Read the Cisco 2023 Data Privacy Benchmark Report to learn how organizations continue to get returns from investments.
The current era seems to be one of permanent underinvestment. The global financial and economic crisis, which began in 2008, made financing conditions tighter and budgetary constraints sharper, which had a negative effect on both public and private investment globally.