In this video, Forrester analyst Andrew Rose discusses how chief information security officers are spending their budgets.
He says: "Budgets are foremost in the minds of CISOs. Some are getting a slight increment in their budgets, while others are getting a big increase. They are asking the board for a lot more money and they are getting it."
The reason some security budgets are increasing, according to Rose, is because the board understands the risk of data breaches. "One of the first things people are doing is information classification," he adds.