Advocating for the return on investment (ROI) in IT security has traditionally been a challenge for IT professionals to communicate to management. IT teams are responsible for the complicated task of balancing budget limitations with strong protection that will reduce the risk of a cyberattack in today’s dynamic threat landscape. However, according to a recent Kaspersky Lab report, businesses are starting to invest more in IT security rather than treat it as a cost center.
In North America, the portion of IT budgets spent on security has increased over the past year among enterprises and small and medium-sized businesses (SMBs). Despite this trend, justifying IT security spend is still essential, and it continues to become more complicated as new cyber threats emerge.