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CybersecuritySecurity NewswireCybersecurity News

37% of organizations will increase cybersecurity spending

By Security Staff
person working at company computer

Image via Unsplash

November 9, 2023

Cloud adoption and cybersecurity for small and medium businesses (SMBs) was analyzed in a recent report by DigitalOcean Holdings. The report found that SMBs are moving towards increased hybrid and remote work. 

The report also found that 78% of organizations believe that their use of AI/ML will increase next year, 37% of organizations plan to increase their cybersecurity spending and 35% are employing multi-cloud approaches.

The cloud infrastructure landscape remains dynamic, with 33% of organizations relying solely on a single cloud provider, 35% adopting a multi-cloud approach and 31% integrating a hybrid model.

Read the full report here.

KEYWORDS: cloud migration cybersecurity and business security budget small and medium business (SMB) security small business security

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