It’s budget season for many CISOs, and cybersecurity investment for 2021 looks a lot different than it did a year ago. In late 2019, organizations were focused on rationalizing infrastructure, optimizing spend, and automating for efficiency. Fast forward to today and the COVID-19 pandemic has drastically changed our priority list.

The widespread and immediate work-from-home requirement caused companies everywhere to engage in emergency digital transformation projects. In fact, the 2020 Flexera State of the Cloud Report found that because of the pandemic, more than half of the companies polled expect higher cloud usage than initially planned.

Because of this abrupt change in operating model and the resulting forced digital transformations, the No.1 priority for CISOs has become building cyber resilience. This means migrating to the cloud, enforcing cloud security, and enabling a “work from anywhere” workforce. We’ll see this play out in 2021 cybersecurity budgets with companies making investment in three distinct areas:

Please register to continue.

Already registered? Log in.

Once you register, you'll receive:

  • News analysis

    The context and insight you need to stay abreast of the most important developments in cybersecurity. CISO and practitioner perspectives; strategy and tactics; solutions and innovation; policy and regulation.

  • Archives

    Unlimited access to nearly 20 years of SC Media industry analysis and news-you-can-use.

  • Daily Newswire

    SC Media’s essential morning briefing for cybersecurity professionals.

  • Learning Express

    One-click access to our extensive program of virtual events, with convenient calendar reminders and ability to earn CISSP credits.