Global Survey Reveals Cybersecurity Budgets Insight

A global survey of large enterprises shows widespread layoffs—including IT and security roles—yet a simultaneous increase in cybersecurity budgets due to rising attacks and talent shortages. The report argues that, given the cost and difficulty of maintaining 24×7 in-house security teams, organizations should consider external security operations/MDR providers for skilled staff, continuous monitoring, cost-efficiency, and greater accountability to close gaps caused by internal staffing reductions.