The 2023 Security Budget Benchmark Report is LIVE!
In 2023, despite the global macroeconomic uncertainty and recessionary fears, security budgets generally continued to rise but at a lower rate than prior years and an insufficient rate relative to the increases in scope facing security teams. New external pressures, including Generative AI and the new SEC Cyber rules, brought additional pressures as CISOs worked to find ways to justify necessary cyber investments to their boards and the C-suite.
Our fourth annual budget benchmark study, jointly fielded with IANS, offers objective insights and cross-industry security budget survey results from over 550 CISOs across the U.S. and Canada.
Download a summary version of the benchmark report to access key security budget information for CISOs, including:
Key 2023 budget metrics: An overview of security budgets as a percentage of IT budgets
Security budget breakdowns: See how peer security teams allocate budgets
Main budget growth drivers: Comparisons of security budget increases across key industries
Trending budget factors: Insights into new factors that influence security budgets
Click here to download the report.