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Cybersecurity Spending Hits ‘Temporary Pause’ Amid Pandemic

Security industry experts cautiously calling it a short-term slowdown but admit there’s no way to know just how long or what kind of recovery security will experience. Security budgets and market growth are freezing across most of the IT sector right now, analysts say. Security spending is under more intense scrutiny than before, experts say. Cloud security has enjoyed “modest growth” during the pandemic, says Lawrence Pingree, managing vice president for TSP (Technology and Service Provider) Security Technologies at Gartner.”]

Source: https://www.darkreading.com/cloud/cybersecurity-spending-hits-temporary-pause-amid-pandemic

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