Compliance Costs Are Eating Security Budgets

Compliance Costs Are Eating Security Budgets

 The cost of cybersecurity compliance is rising to unsupportable levels and enterprises are going to need to act soon if they are to keep the situation from hindering innovation, according to a new report. Conducted jointly by analyst firm Omdia and security advisory consultancy Coalfire, the study shows that over half of firms across all the major verticals are spending 40% or more of their IT security budgets on compliance today.

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