Cyber security remains a priority for Australian businesses, but budgets are a challenge
data communication Fifth Annual Cloud Report reveals that lack of money hinders the improvement of cybersecurity.
A new report from IT services company Datacom has revealed that while cybersecurity is a major investment focus for Australian businesses, most are falling short when it comes to having the budget to drive resilience. cybernetics.
According to Datacom Fifth Annual Cloud ReportLess than 20 percent of local businesses feel they have enough money to meet their cybersecurity goals.
Many Australian businesses are also finding that the increased use of artificial intelligence in their workflows has only made things worse. Fifty-four percent of companies surveyed said AI had raised security concerns and therefore they are focusing on threat intelligence and security analysis.
Cloud spending is expected to continue growing, with more than 40 percent of companies planning to increase spending in the area. Cybersecurity and artificial intelligence are also key areas where companies aim to increase spending.
That said, only a third of Australian businesses have a hybrid cloud strategy. The survey also revealed that cloud governance, skills and training, and proper implementation of cloud structures are key priorities.
“This reflects a growing understanding that the cloud is a new way of operating rather than simply a destination,” Mike Walls, chief cloud officer at Datacom, said in a statement.
“If organizations get their cloud platforms and strategies right, there will be the foundation for all other aspects of their business, including better security and future growth.”
Datacom’s research partner Tech Research Asia surveyed more than 700 organizations in Australia and New Zealand.
