Healthcare Informatics June 12, 2018
Rajiv Leventhal

Companies are quickly ramping up investment in data and cybersecurity as they look to become more compliant with new data privacy protection and security regulations—and to avoid highly damaging data breaches, according to the 2018 Harvey Nash/KPMG CIO Survey.

The survey analyzed responses from organizations with a combined annual cybersecurity spend of up to $46 billion, and found that almost a quarter (23 percent) more respondents than in 2017 are prioritizing improvements in cybersecurity as cyber crime threats reach an all-time high. At the same time, managing operational risk and compliance has also become a significantly increased priority (up 12 percent). These two areas represent the fastest-growing IT priorities of company boards of directors, according to the research.

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