CISOs Reveal Firms Prioritize Savings Over Long-Term Security

June 27, 2024 | Bugcrowd’s 2024 Inside the Mind of a CISO report highlights that 33% of security leaders believe companies sacrifice long-term security for cost savings. Additionally, 40% think few firms understand their breach risks. Despite concerns, 87% are hiring, with 56% reporting understaffing. Over 80% hold cybersecurity degrees, challenging perceptions on formal education.

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