57% of companies spend only 1% to 10% of their IT budget on cybersecurity - CyberSecurity News

At present, Spanish companies face an unprecedented challenge: a massive wave of cyberattacks that has impacted significantly at all levels. However, despite the frequency and severity of these threats, investment in cybersecurity remains insufficient. According to the Cyberpreparation Report 2024, prepared by Hiscox, 57% of companies spend only 1% to 10% of their IT budget on cybersecurity. This is a worrying figure, given that 82% of companies…