Survey: Incident Response Confidence Drops as Security Budgets Stall Despite Rising Breach Costs
A UK-focused industry survey finds that organisational confidence in incident response and recovery capability is declining even as cybersecurity incident costs rise. Security managers report planned spending cuts in key resilience areas, including incident response and crisis management (down from 61% to 50% year-on-year) and threat intelligence and threat hunting (down from 67% to 54%). A quarter of respondents who suffered a security incident in the last 12 months reported their most significant incident cost between £100,001 and £250,000, driven mainly by technical remediation and recovery (22%), downtime or lost revenue (17%), and higher post-incident insurance premiums (15%). The article frames this as a governance and preparedness gap, citing commentary linking resilience to frameworks such as the UK's Cyber Security and Resilience Bill and the Cyber Resilience Pledge.
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Survey: Incident Response Confidence Drops as Security Budgets Stall Despite Rising Breach Costs
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A UK-focused industry survey finds that organisational confidence in incident response and recovery capability is declining even as cybersecurity incident costs rise. Security managers report planned spending cuts in key resilience areas, including incident response and crisis management (down from 61% to 50% year-on-year) and threat intelligence and threat hunting (down from 67% to 54%). A quarter of respondents who suffered a security incident in the last 12 months reported their most significant incident cost between £100,001 and £250,000, driven mainly by technical remediation and recovery (22%), downtime or lost revenue (17%), and higher post-incident insurance premiums (15%). The article frames this as a governance and preparedness gap, citing commentary linking resilience to frameworks such as the UK's Cyber Security and Resilience Bill and the Cyber Resilience Pledge.