{"id":57045,"date":"2024-09-05T14:50:27","date_gmt":"2024-09-05T14:50:27","guid":{"rendered":"https:\/\/packetstormsecurity.com\/news\/view\/36298\/Security-Boom-Is-Over-With-Over-1-3-Of-CISOs-Reporting-Flat-Or-Falling-Budgets.html"},"modified":"2024-09-05T14:50:27","modified_gmt":"2024-09-05T14:50:27","slug":"security-boom-is-over-with-over-1-3-of-cisos-reporting-flat-or-falling-budgets","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/security-boom-is-over-with-over-1-3-of-cisos-reporting-flat-or-falling-budgets\/","title":{"rendered":"Security Boom Is Over, With Over 1\/3 Of CISOs Reporting Flat Or Falling Budgets"},"content":{"rendered":"

It looks like security budgets are coming up against belt-tightening policies, with chief security officers reporting budgets rising more slowly than ever and over a third saying their spending this year will be flat or even reduced.<\/p>\n

The same is true for staffing levels, according to the fifth annual survey<\/a> of CISOs carried out by security analyst house IANS Research. Over a third of the 755 security bosses polled admitted they weren’t hiring, although overall staffing growth rates were less than half of those seen in 2022.<\/p>\n

“There’s still a continuing talent shortage, so finding and retaining people is very challenging,” Nick Kakolowski, senior research director at IANS, told The Register<\/i>.<\/p>\n