Cybersecurity spend to soar in 2024: How companies can maximize their investment

“Spend smarter, not harder” is the mantra for 2024, as Gartner forecasts a 14.3% jump in global security and risk management spending—an uptick which brings a renewed focus on the need for cost-effective cybersecurity investments.

Inefficient cybersecurity spending, a known problem, becomes even more pressing with increased budgets—especially since inefficient spending often results in buying disparate security tools, which can create more security gaps and increase breach risks.

In a nutshell, with cybersecurity spending on the rise in 2024, businesses …

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