08/11/2021
๐ด This is why 69% of 4,464 executives of organizations with annual revenues of US$1 billion are worried about unsustainable cost increases across different components of cybersecurity protection over the last two years.
Looking at a broad range of 17 different components of cybersecurity protection, 60 % of respondents reported cost increases on all 17 components over the last two years.
(Check for the list of components ranked by biggest cost increases in comments)
A significant number, almost one quarter, reported cost increases of more than 25 % a year across all 17 components.
The three areas of cybersecurity protection with the largest increases in cost are network security, threat detection and security monitoring.
Reflecting these trends, 69% of respondents said staying ahead of attackers is a constant battle and the cost is unsustainable. - State of the Cybersecurity Report 2020, Accenture.
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