{"id":192309,"date":"2026-03-03T07:27:00","date_gmt":"2026-03-03T12:27:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/03\/cybersecurity-budgets-may-need-adjusting\/"},"modified":"2026-03-03T07:35:10","modified_gmt":"2026-03-03T12:35:10","slug":"cybersecurity-budgets-may-need-adjusting","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/03\/03\/cybersecurity-budgets-may-need-adjusting\/","title":{"rendered":"Cybersecurity budgets may need adjusting"},"content":{"rendered":"

Cybersecurity budgets may need adjusting<\/a><\/p>\n

https:\/\/www.cfobrew.com\/stories\/2026\/03\/03\/cybersecurity-budgets-may-need-adjusting<\/a><\/p>\n

Publish Date: 2026-03-03 07:27:00<\/a><\/p>\n

Source Domain: www.cfobrew.com<\/a><\/p>\n

Author: <\/a><\/p>\n

Using an unordered list, summarize the following article with between 4 and 8 key points. Recent research suggests CFOs approved larger cybersecurity budgets this year. But to address changing criminal tactics, organizations must shift where those investment dollars are going, a cyber insurance company advised.The World Economic Forum, in a recent report, noted that \u201cstrengthening collective cyber resilience has become both an economic and a societal imperative.\u201d The WEF found that AI technology and geopolitics are key drivers of organizations\u2019 cybersecurity concerns.Nearly two-thirds of organizations plan to increase their cybersecurity investments this year, according to a global survey of 2,200 cyber risk leaders from insurance broker Marsh. Respondents\u2019 top investment priorities included cybersecurity technology and mitigation, incident planning and preparation, cybersecurity personnel, staff training, and cyber insurance.In a recent cyber risks report, cyber insurance and risk management firm Resilience noted a \u201cfundamental shift in criminal economics\u201d in 2025, in which extortionists shifted their tactics from \u201cextortion through operational disruption (encryption) to reputational leverage (data theft).\u201dConsequently, the risk calculus shifts from immediate disruption to long-term consequences: \u201cthe multi-year legal, regulatory, and reputational \u2018tail\u2019 that follows a data exposure event,\u201d according to the report. For instance, South Korean e-commerce company Coupang faces a class-action lawsuit following a November data breach that affected 34 million customers, Reuters reported.Resilience recommended CFOs \u201cshift investment from backup to prevention,\u201d since extortion attacks \u201crequire different defenses\u201d than attacks focused on encrypting data.Marsh, meanwhile, recommended \u201cfocusing investments on cybersecurity fundamentals,\u201d such as endpoint detection and response. Such investments \u201cmay be critical,\u201d according to Marsh, because they\u2019re \u201ccorrelated highly with a reduction in the likelihood of cyber incidents.\u201dSome good news: One optimistic tidbit is that insurance claims stemming from cyber incidents fell on an annual basis last year.In another report, Marsh noted a decrease of 29% YoY in cyber claims from US and Canadian businesses in 2025, as well as a 33% decrease in cyber extortion events, which the broker said was partly due to \u201cimproved organizational cybersecurity awareness and controls.\u201d However, claims activity picked up in the latter part of 2025 on a quarter over quarter basis.News built for finance prosCFO Brew helps finance pros navigate their roles with insights into risk management, compliance, and strategy through our newsletter, virtual events, and digital guides.
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Cybersecurity budgets may need adjusting https:\/\/www.cfobrew.com\/stories\/2026\/03\/03\/cybersecurity-budgets-may-need-adjusting Publish Date: 2026-03-03 07:27:00 Source Domain: www.cfobrew.com Author: Using…<\/p>\n","protected":false},"author":1,"featured_media":192310,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cdn.sanity.io\/images\/bl383u0v\/production\/fe86ab4ea4d4e73d5a4f92291fa75f21dd0c66cb-1500x1000.jpg?rect=0,106,1500,788&w=1200&h=630&q=70&fit=crop&auto=format","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[26,30,24],"class_list":["post-192309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-ai","tag-breach","tag-cybersecurity"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/192309"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=192309"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/192309\/revisions"}],"predecessor-version":[{"id":192311,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/192309\/revisions\/192311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/192310"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=192309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=192309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=192309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}