Budgets shrink as security pressure mounts

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Despite knowing they’re falling behind in the cybersecurity race, many firms are allocating smaller portions of their IT budgets to security, new research has claimed.

A report from Vanta based on a survey of 2,500 business leaders found two-thirds of UK businesses (66%) believe they should improve their security and compliance measures. What’s more, a quarter (25%) of the respondents have rated their organization’s security and compliance strategy as reactive. 

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