Budgets in this climate

Had a conversation with a well known cyber VAR rep today and he said he is still seeing businesses cut cost and consistently go with low cost cyber options even given the known trade-offs.

I’m curious what the reddits view on this is and if you’re noticing thinks changing in your world? Are incidents like at change healthcare going to effectively adjust behavior and overall business view of security?

budgets businesses changing climate conversation cost cyber cybersecurity incidents low options today trade trade-offs var world