Security boom is over, with over a third of CISOs reporting flat or falling budgets

A survey of 755 CISOs by IANS Research indicates slowing growth in security budgets and hiring, even as security’s share of IT spend rises; boards are increasingly engaged due to SEC incident-reporting rules, liability risks, and third-party supplier breaches. The report highlights persistent talent shortages, challenges in verifying partner security, and a booming but contract-sensitive cyber insurance market.