Budget News, Articles and Updates

Improving poor IT security and data compliance needn't be hard

If your company doesn't have the internal resources and IT expertise to ensure IT systems are secure and up-to-date then you have the option of outsourcing IT at a reasonable price to a managed services provider.

Public sector digital defence spend up 3,183%: £20m on NHS cyber unit

UK public sector expenditure on digital defences is up 3,183 percent this year - from £6 million of contracts tendered last year to £191 million tendered this year - £20m on NHS cyber unit.

Will the armed forces £10bn shortfall affect the UK's cyber ability?

Reports of billion pound shortfalls in the UK armed forces means that some conventional forces will be cut back, but how will it affect cyber?

Survey shows IT budgets will grow slowly in 2016

According to Spiceworks' "2016 State of IT" report, IT budgets are predicted to increase by only one percent in 2016.

Cyber security of industrial systems: the risks that lie in client machines

Industrial environments are becoming increasingly automated and interconnected, with control systems often networked over the Internet. This growing computerisation exposes industrial control systems to a number of threats - with potentially disastrous consequences, says Florian Malecki.

Has UK business lost the plot on security spending?

New research from think-tank the Centre for Economics and Business Research (CEBR) suggests that the true cost of cyber-crime to business in the UK is as high as £34 billion per year.

US banks set to splash the cash on cyber-security

New research from PricewaterhouseCoopers (PwC) suggests that US financial service companies will spend an additional £1.3 billion (US$ 2 billion) on cyber-security by 2017.

ICYMI: Drupal flaw, Android Lollipop and security shortcomings

This week's In Case You Missed Column looks at websites at risk from Drupal's SQL injection flaw, security features on Android and information security shortcomings in business.

VC cyber security funding tops £850 million

A new study from US-based research firm CBI Insights reveals that corporate cyber security investments have risen five-fold since 2009, with 30 percent growth in the last year alone.

Information security budgets on the decline?

A new report which claims information security budgets have fallen has been called into question, but carries better news for security companies and security awareness training.

How do you stop an Energetic Bear?

Companies must think like a hacker and commit to penetration testing to protect themselves from data breaches, says Chema Alonso.

CISOs breaking free from IT control, missing board support

Some of the UK's chief information security officers (CISOs) are breaking away from IT budgets and reporting lines but are still missing C-level support, a new study reveals.

Mixed reaction from information security industry on 2014 Budget

The UK's Chancellor of the Exchequer George Osbourne introduced the 2014 Budget yesterday, but those in the infosec industry believe that it didn't do enough to close the cyber security skills gap.

Security tech budgets rising, says new study

Information security budgets will increase in 2014, with 45 per cent of organisations planning to spend more this year and only 11 per cent cutting back, according to the latest Information Security Study from 451 Research.

Lancope CTO sees 'clear disconnect' between board and security

"There is a clear disconnect between the people who have to deal with an attack, and the rest of the staff" says the Lancope CTO.

Coping with chaos

It may be a time of great change for the infosec industry, but advice on achieving the budgets needed to keep up with new threats remains remarkably consistent, reports Thomas Brewster.

Obama set to boost cyber initiatives with £500 million fund

The Pentagon will spend an extra $800 million (£520 million) on cyber security initiatives next year, despite defence budget cuts.

US air force deems some cyber tools to be 'weapons'

Six cyber tools have been designated as weapons by the US air force.