Global end-user spending on information security is projected to hit $212bn next year, an increase of 15% from 2024, according to Gartner. Yet at the same time, data breach costs continue to spiral. The latest IBM report now puts the global average at nearly $4.9n per incident. This raises the question: are organizations spending their cybersecurity budgets in the right areas?

*** This is a Security Bloggers Network syndicated blog from comforte Blog authored by Erfan Shadabi. Read the original post at: https://insights.comforte.com/threat-actors-are-finding-it-easier-than-ever-to-breach-cyber-defenses-enter-data-centric-security