70% of Organizations to Increase Cybersecurity Spending Following COVID-19 Pandemic

July 30th, 2020 Posted by Security & Surveillance, Small and Medium-Sized Businesses (SMBs), Technology 0 thoughts on “70% of Organizations to Increase Cybersecurity Spending Following COVID-19 Pandemic”

“Cybersecurity continues to increase in importance for organizations battling the increase of opportunities for cybercriminals.”

– Glenn Baruck, Chicago Voice & Data


While the coronavirus has slowed many areas of the economy, it has not slowed down the work of cybercriminals. In fact, the pandemic has created a multitude of new opportunities for these bad actors who will continue to try to take advantage of the situation.

According to this article from SECURITYmagazine, a recent report by LearnBonds.com indicated that 70% of organizations plan on increasing their cybersecurity spending following the COVID-19 pandemic, which means cybersecurity solutions will account for the most significant post-pandemic percentage of IT spending this year. The article also contains expert insights on the current situation and advice for organizations for the future from cybersecurity experts.

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