Cyber Incidents Are the Main Trigger for Increases in Cybersecurity Investment

Organizations are investing more in cybersecurity technology — a welcome trend, but for the drivers behind it.
“Many organizations seem to have a reactive stance toward cyber risks,” wrote the authors of the 2019 Global Cyber Risk Perception Survey from Marsh and Microsoft. “The most commonly cited trigger for increasing investment was for a cyber incident to occur. Far less common was for business leaders to proactively initiate a focus on cyber risk investment.”