Many companies overestimate their resilience

Around 70 percent of companies and business leaders surveyed by PwC around the globe, are confident they can recover from disruptions to their business operations. In actual fact, many of their organizations lack the necessary resilience. And according to the eco IT Security Survey 2023, medium-sized companies are especially likely to be overly optimistic about their cyber resilience.

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Double-digit rise in IT security spending

The global expenditure on IT security services and solutions is anticipated to rise to 219 billion US dollars this year, according to an IDC forecast. This would represent a rise of 12.1 percent over 2022, and similar levels of growth are projected for the years that follow.

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