80%
70%
73
75 76
60%
50%
40%
30%
21 21 21
20%
10%
2
0%
0
1-5
2
1
1
6-10
0
1
1
1
0
21-30
11-20
1
1
1
Other
2020
2021
2022
Graph 6: N
umber of Breaches of Confidentiality, Integrity, or Availability of Information in 20202022 (in % of Respondents)
Cybersecurity Funding: A Growing Number of Organizations Is
Increasing Their Budgets
A positive trend that began in 2021 is that a growing number of organizations are increasing
their cybersecurity budgets year-over-year. Despite the unfavourable economic situation in
2022 due to high inflation and rising energy prices, nearly half of the surveyed organizations
increased their cybersecurity budget (see Graph 7). However, one of the drivers of these budget
increases may be the current high inflation rate, as year-over-year budget levels are being
assessed based on their nominal value with no regard for the inflation. A slight majority of
respondents continue to rate their funding as insufficient (viz Graph 8). The majority of subjects
spends 0-5% of its budget on cybersecurity (Graph 9), which is similar to the results in previous
years.
50%
44
40%
41
30%
20%
10%
10
5
Do not know
Decreased
0%
Increased
Remained the same
Graph 7: Respondents‘ Cybersecurity Budgets Compared to 2021 (in % of Respondents)
11
R