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

CIO

CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Vendors convince CIOs they need the latest product to halt new attacks when in actuality the addition of yet another disparate cybersecurity tool leads to blind spots. billion from the third quarter of last year.

Budget 275
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

CIOs rank AI as a top priority alongside cybersecurity for IT departments. However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. There is a sense of urgency to leverage AI effectively, but adoption speed and security challenges are hindering efforts.

Survey 332
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Solving the tech debt problem while staying competitive and secure

CIO

Looking ahead to the next 12-18 months, two top priorities emerge for IT leaders: developing a strong business case for AI infrastructure spending (cited by 35% of respondents to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 , March 2024) and increasing cyber resilience and security (34%).

Security 242
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IT leaders adjust budget priorities as economic outlook shifts

CIO

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. We’re spending significantly more on security,” he says.

Budget 331
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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 363
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Cybersecurity Snapshot: CISOs See Budgets Tighten, as Cyberthreats Intensify

Tenable

After double-digit growth in the past two years, cybersecurity budgets expanded more modestly in 2023. Plus, a survey offers an inside look at how organizations are grappling with cyber challenges. Overall, 63% of organizations increased their cybersecurity budgets. In addition, the U.S. And much more!

Budget 82
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10 projects top of mind for IT leaders today

CIO

Artificial intelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. Other surveys offer similar findings. 1 priority among its respondents as well.