Cybersecurity is the most common IT expense – but are firms spending enough?

It appears that businesses are finally heeding the advice of experts and taking their cybersecurity seriously, as levels of investment soar to new heights.

Research from NordLayer revealed cybersecurity is the most popular category in IT spending, with two-thirds (66%) of firms purchasing such solutions and services in 2023 so far, with 57% also spending money on cybersecurity training.

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