Over Half of Companies Are Upping Spending on IT Security: eSecurity Planet Survey

Driven by fear of data breaches and new privacy regulations, such as Europe’s General Data Protection Regulation (GDPR), large enterprises are spending aggressively on IT security measures, according to eSecurity Planet‘s newly released 2019 State of IT Security survey.

The survey found that 54 percent of companies will increase their IT security spending this year, and 30 percent will increase their spending by 10 to 20 percent or more.