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Companies looking to increase their spending on cyber security: EY Survey

July 02, 2018

According to a survey conducted by Ernst and Young (EY) the chief information officers of many companies (CIO) are planning to increase their spending on cyber security. This is because the companies want to comply with privacy laws and also to protect organisations against threats.

 

The report emphasised that the adoption of technologies such as artificial intelligence (AI), Internet of Things (IoT) and machine learning (ML) is significantly increasing the attack-surface for companies.

Challenges such as multiple platform interfacing, penetration testing and management of multiple devices are expected.

Further, the report added that providing a culture of privacy-by-design and security awareness would enable organisations to conduct business with ease.

 

 
 

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