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Join the Cybersecurity and Incident Response Group on LinkedInBusinesses increasing their cybersecurity budgets, but spend it in the wrong places | ZDNet
The report indicates there is an ongoing disconnect between the security solutions organisations spend money on and the ability of those solutions to protect sensitive data. That disconnect is reflected the 30 percent of respondents who say their organisations are ‘very vulnerable’ or ‘extremely vulnerable’ to attacks on data. via Businesses increasing their cybersecurity budgets, […]
UK Gov will double cybersecurity funding to fend off ‘ISIS cyber attacks’ | IT PRO
The government will launch cyber attacks against ISIS as it attempts to thwart the terrorist group’s alleged plans to hack UK hospitals and other vital infrastructure. To fight ISIS effectively, Whitehall will double cybersecurity funding over the next five years to reach £1.9 billion, Chancellor George Osborne said in a speech at spy agency GCHQ […]
Obama seeks $14B to boost cybersecurity defenses — Reuters
President Barack Obama’s budget proposal for the 2016 fiscal year seeks $14 billion for cybersecurity efforts across the U.S. government to better protect federal and private networks from hacking threats. via Obama seeks $14B to boost cybersecurity defenses — Reuters
Financial Firms Bolster Cybersecurity Budgets – WSJ
Financial-services companies plan to bolster their cybersecurity budgets by about $2 billion over the next two years, according to accounting and consulting firm PricewaterhouseCoopers. via Financial Firms Bolster Cybersecurity Budgets – WSJ
Cybersecurity a major priority in independent broker-dealers’ 2015 tech budgets — Investment News
Fully 77% of the nearly 40 IBDs that responded to the survey said they plan to boost spending on research and development in 2015, including ways to ward off hack attacks, compared with 58% in 2014. via Cybersecurity a major priority in independent broker-dealers’ 2015 tech budgets — Investment News
DOE Cybersecurity Is a Mess, According to Senate Panel — Roll Call
There are 11 different places in the Energy Department budget that contain cybersecurity funding for energy, science and environmental missions. That’s too messy for the Senate Appropriations Committee, which wants to see all of that nearly $150 million consolidated into one place. via DOE Cybersecurity Is a Mess, According to Senate Panel — Roll Call