70% of technology companies prioritize spending on cybersecurity

The priority of top technology executives (CIOs) is cybersecurity.

Thomas Osborne
Thomas Osborne
09 November 2022 Wednesday 01:42
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70% of technology companies prioritize spending on cybersecurity

The priority of top technology executives (CIOs) is cybersecurity. According to a survey carried out by the consulting firm Gartner among more than 2,200 executives in 81 countries and presented this Tuesday in Barcelona, ​​70% of those surveyed affirm that the item of business spending related to computer security will increase next year . The percentage has skyrocketed compared to 2020, when it was barely around 50%.

This being the case, now the biggest investment of technology departments is not Artificial Intelligence, or automation, or the cloud, or data management, but rather to protect themselves from hacking and viruses. A defensive posture that is nothing more than a direct consequence of the war in Ukraine, which in recent years has triggered ransomware and malware attacks, often of state origin.

“Companies were already aware of the danger before. Only now it's worse. Many of them have realized the reputational cost of being victims of an attack, in addition to the loss of customers. They know that they can receive a threat any day. They should have started defending themselves years ago!” comments Daniel Sánchez-Reina, vice president of analytics at Gartner. In fact, in the latest Microsoft Digital Defense Report it is pointed out that nation-state cyberattacks are increasingly important and already account for 40% of current threats, especially from "authoritarian regimes", within the framework of a “hybrid war”.

Another interesting fact is the growing number of employees who work remotely for these companies: 19%. With the pandemic, connecting remotely has boomed, as many workers have returned to their hometowns or opted to work outside the office. Today this trend is here to stay. The country where this group that works remotely is greater is India, both for American and European firms.