security budget

Optiv has published its 2024 Threat and Risk Management Report, exploring how organizations are maintaining pace with the evolving threat landscape. Specifically, the report examines the efforts of organizations in terms of cybersecurity investments and governance priorities. For instance, among organizations with more than 5,000 employers, 63% allocated an average of $26 million toward cybersecurity investments in 2024.  The top three investments made among organizations include acquiring additional cybersecurity tools (51%), investing in identity and access…