aiisha5 via Getty Images Hype around investing in cybersecurity is giving way to talk of economic headwinds and cybersecurity, seen as a cost center, is closely watching the budget chopping block. This turmoil in 2023 is expected to adversely affect the cybersecurity vendor landscape, spurring a spree of consolidation. One CISO even equated some of the potential market movement to a fire sale. Even when resources are tight, cybersecurity executives are expected to fall in line with regulation. From the CISO’s desk, there is also a lot of attention on what due diligence means following the guilty verdict of Uber’s CISO last year . Cybersecurity Dive asked researchers and analysts what they expected to see hit the business of cybersecurity this year. Below is how four experts responded: (Responses have been edited for length and clarity) Mauricio Sanchez, research director at Dell’Oro Group: Vendor and solution consolidation will continue. Large vendors with positive market momentum will get bigger as they subsume the smaller fish in the market Security budgets will remain largely unaffected in 2023 because security is a board-level conversation and has budget priority. Besides not wanting to make headlines due to a breach, the conviction of Uber […]
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