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    • Cybersecurity is the IT area where most CIOs expect to boost spending

    Cybersecurity is the IT area where most CIOs expect to boost spending

    Stu Sjouwerman | Jul 25, 2018

    MarketWatch reports that cybersecurity companies appear to be benefiting from fat IT spending budgets fueled by tax cuts and fears of hackers. A recent Morgan Stanley survey found that CIOs rated security spending as the second most defensible IT project in case of an economic downturn. Here is a graphic of their results

    MW-GN053_mscybe_20180724133601_NS

    Goldman Sachs—one of KnowBe4's investors—earlier in the month, said cybersecurity stocks presented a tactical opportunity ahead of the November midterm elections. In Goldman’s survey, cybersecurity is the IT area where most CIOs expect to boost spending within the next 12 months.

    MW-GN058_GScybe_20180724140502_NS

    Full article with more detailed research and analyst opinion about infosec stocks at MarketWatch.

     

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    Stu Sjouwerman

    ABOUT STU SJOUWERMAN

    Stu Sjouwerman (pronounced “shower-man”) is the Founder and Executive Chairman of KnowBe4, Inc., which hosts the world’s most popular integrated security awareness training and simulated phishing platform, with over 54,000 organization customers and more than 50 million users. A serial entrepreneur and data security expert with 30 years in the IT industry, Stu was the co-founder of Inc. 500 company Sunbelt Software, a multiple award-winning anti-malware software company that was acquired in 2010.

    Read more from Stu »

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