Government contractors reduced their spending on cybersecurity in the past year, despite several high-profile data breaches, a new survey shows.
About 52 percent of businesses reported a slight decrease in cyber spending in the past year. About 17 percent said their cyber spending increased dramatically, while 31 percent said it increased slightly, according to a new survey from contracting analysis firm Deltek.
“We’re surprised that over half of the companies . . . had experienced decreased spending in cybersecurity,” Deltek Vice President Kevin Plexico said during a call discussing the results. “Our best guess is that the ones that are decreasing are probably not the ones that have had breaches.”