London: Despite cybersecurity budget cuts easing to 36% this year, an overwhelming 95% of organisations still report at least one critical skills gap, according to a new ISC2 survey, highlighted how staffing risk remains entrenched even as financial pressure begins to stabilise.
While 2024 was marked by widespread layoffs, budget reductions, and hiring freezes, the latest data now points to early signs of economic levelling across cybersecurity teams, with layoffs falling slightly to 24%.
However, ISC2 warns that easing budget pressure does not mean organisations are out of the danger zone. Ongoing funding constraints continue to hold back security leaders and deepen long-standing staffing challenges. One-third (33%) of organisations say they still lack the resources to adequately staff their cybersecurity teams, while 29% report they cannot afford to hire professionals with the specialist skills needed to properly secure their businesses.
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