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Well-funded security systems fail to prevent cyberattacks in US and Europe: Report

February 28, 2023

Via: CSO

Multilayered, well-funded cybersecurity systems are unable to protect enterprises in the US and Europe from cyberattacks, according to a report by automated security validation firm Pentera.

The report, which was based on a survey of 300 CIOs, CISOs and security executives to get insights on their current IT and security budgets and cybersecurity validation practices, noted that the financial slowdown has had a minimal impact on cybersecurity budgets.

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