Romanian companies increase spending on cyber security solutions

Local companies intend to allocate this year for cyber security solutions up to 14% of IT budgets, compared to the average of 11% recorded in 2020, in the context in which most Romanian managers consider cybersecurity a priority and a significant risk, shows a study commissioned by Safetech Innovations, a Romanian computer security company.
According to the study, 25% of companies estimate that their IT spending budget will increase in 2021, 55% believe it will remain at the same level as in 2020, while 4% of companies expect a decrease in cybersecurity spending.