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Security priorities:
a look ahead
How are organizations prepping
to prevent cyberattacks?
Upcoming budget plans to combat risks
A snapshot of how IT security leaders are prioritizing
projects and planning investments in the next 12 months
Current security incidents & vulnerabilities
For more insight, download the executive summary.
To stay up to date on all of Foundry’s finding important for tech
marketers, visit https://foundryco.com/tools-for-marketers/.
Security leaders executing these projects
Top causes of security incidents
1.	 Employees falling victim to phishing attacks
	 and other non-malicious user errors
2.	 Unpatched software vulnerabilities
3.	 Security vulnerabilities at third-party
	 organizations or individuals
4.	 Misconfiguration of services or systems
	 on or off premises
5.	 Unexpected business risks which exposed
	 a vulnerability (pandemic-related,
	 workforce changes, etc.)
The average longest
amount of time passed
before a security event
was detected is
5 weeks
This year’s top
security priorities
1.	 Be appropriately prepared to
respond to a security incident
2.	 Improve the protection of
confidential and sensitive data
3.	 Improve security awareness
among end users though training
4.	 Upgrade IT and data security
to boost corporate resiliency
5.	 Reduce complexity in IT
security infrastructure
Best practices 	 49%
Compliance/regulations
or mandates 	 49%
Evolving risks posed by
changing workforce or
business dynamics 	 41%
Addressing risks that result
from digital transformation	 38%
Responding to a security
incident/breach 	 35%
Top factors determining
security spending
of companies have a CISO,
CSO, or top security executive
84% Enterprise 50% SMB
67%
21% of security roles report
into the board of directors
Up from 12% in 2020
Physical security has been
added to the list of responsibilities
among IT security leaders
65%
Added in
the past
3 years
46% have these tools in use
Up from 24% in 2019
of organizations are
aware of what caused
their security incidents
in the past year
91%
94% Enterprise 89% SMB
38% of security leaders with OT
environments rate their vulnerability
concerns as grave or significant
21% Enterprise 47% SMB
90%
of organizations say they have
added at least one security
tool in the past 12 months
Security tools on the
radar for organizations
Zero trust technologies	 38%
SOAR (Security Orchestration,
Automation and Response)	 37%
SASE (Secure Access Service Edge)	 35%
Deception technology	 35%
XDR (Extended Detection and Response)	 34%
Shift in security
Average annual security budget
$123M Enterprise $11M SMB
44%
Increase
54%
Remain
the same
2%
Decrease
Up from
87%
in 2020
Up from
61%
in 2020
24%
No, and do
not expect
it to
11%
Expect to
add in the
next 12 months
Source: Foundry Security Priorities Study, 2021

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R if security_priorities_03.08.22

  • 1. Security priorities: a look ahead How are organizations prepping to prevent cyberattacks? Upcoming budget plans to combat risks A snapshot of how IT security leaders are prioritizing projects and planning investments in the next 12 months Current security incidents & vulnerabilities For more insight, download the executive summary. To stay up to date on all of Foundry’s finding important for tech marketers, visit https://foundryco.com/tools-for-marketers/. Security leaders executing these projects Top causes of security incidents 1. Employees falling victim to phishing attacks and other non-malicious user errors 2. Unpatched software vulnerabilities 3. Security vulnerabilities at third-party organizations or individuals 4. Misconfiguration of services or systems on or off premises 5. Unexpected business risks which exposed a vulnerability (pandemic-related, workforce changes, etc.) The average longest amount of time passed before a security event was detected is 5 weeks This year’s top security priorities 1. Be appropriately prepared to respond to a security incident 2. Improve the protection of confidential and sensitive data 3. Improve security awareness among end users though training 4. Upgrade IT and data security to boost corporate resiliency 5. Reduce complexity in IT security infrastructure Best practices 49% Compliance/regulations or mandates 49% Evolving risks posed by changing workforce or business dynamics 41% Addressing risks that result from digital transformation 38% Responding to a security incident/breach 35% Top factors determining security spending of companies have a CISO, CSO, or top security executive 84% Enterprise 50% SMB 67% 21% of security roles report into the board of directors Up from 12% in 2020 Physical security has been added to the list of responsibilities among IT security leaders 65% Added in the past 3 years 46% have these tools in use Up from 24% in 2019 of organizations are aware of what caused their security incidents in the past year 91% 94% Enterprise 89% SMB 38% of security leaders with OT environments rate their vulnerability concerns as grave or significant 21% Enterprise 47% SMB 90% of organizations say they have added at least one security tool in the past 12 months Security tools on the radar for organizations Zero trust technologies 38% SOAR (Security Orchestration, Automation and Response) 37% SASE (Secure Access Service Edge) 35% Deception technology 35% XDR (Extended Detection and Response) 34% Shift in security Average annual security budget $123M Enterprise $11M SMB 44% Increase 54% Remain the same 2% Decrease Up from 87% in 2020 Up from 61% in 2020 24% No, and do not expect it to 11% Expect to add in the next 12 months Source: Foundry Security Priorities Study, 2021