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Here’s how IT budgets should fill cybersecurity moats in 2023

Tech Republic Security

TechRepublic speaks with Carlos Morales of Neustar Security Services on the best ways for companies to spend on cybersecurity — even if their budgets are tighter. The post Here’s how IT budgets should fill cybersecurity moats in 2023 appeared first on TechRepublic.

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3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. Essentially, only companies in dire financial straits are likely to be cutting IT budgets. Avasant Research polled 371 organizations in the U.S.

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AI, cybersecurity drive IT investments and lead skill shortages for 2025

Network World

2024 gave leaders the opportunity to pause, take a breath and see what kind of investment they need to make for best use scenarios in terms of talent and technology.” According to Skillsoft, 65% of respondents said they continue to face skill gaps on their teams, with over half (56%) anticipating them to persist over the next one to two years.

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IBM: 78% of mainframe shops are piloting, operating AI apps

Network World

Of all the organizations that modernized applications on their mainframes, more than 90% of executives say that modernization processes met or exceeded their expectations in terms of budget, timeline, and scope, with the median percentage of modernized applications standing at 28%, according to IBV. “A

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Women in Cyber Security on the Rise, But Facing More Layoffs and Budget Cuts Than Men

Tech Republic Security

In 2024, women accounted for 22% of global security teams on average, compared to 17% in 2023, according to ISC2.

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Prioritizing cloud security: Allocating the majority of CIOs’ cyber budgets

CIO Business Intelligence

CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Cyber budgets get stretched too thinly across single solutions when they should match the organization’s IT and software spending priorities. the majority of its cybersecurity budget should go to protecting these investments.

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How to maximize hard-dollar ROI on security technology investments

CIO Business Intelligence

Fresh research from PWC has found that CIOs are far less likely to say that the IT function is prepared for reinvention, compared to 2023. Cost is a core concern; IT budgets are expected to increase by around 10%, but inflation will likely leave CIOs withat bestthe same spending power as in previous years. in cost savings.

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