target audience: TECH SUPPLIER Publication date: Mar 2023 - Document type: IDC Survey Spotlight - Doc Document number: # US49413922
How Are Financial Organizations Changing Their Security Investment Plans to Foster Their Readiness Toward Enhanced Digital Operational Resilience?
This IDC Survey Spotlight presents insights from IDC's Future Enterprise Resiliency & Spending Survey — Wave 12, January 2023, addressing the budget plans of IT buyers worldwide. IT leaders face an array of conflicting challenges in 2023 as they develop IT budgeting plans that anticipate potential economic disruptions while still maintaining the shift to digital business models. At the end of 2022, IDC connected with IT leaders around the world to gain insight into how they are navigating disruptions and prioritizing technology investments. IDC's Global Technology Thought Leadership group conducts a monthly survey (IDC's Future Enterprise Resiliency & Spending Survey) to understand how IT and business leaders in enterprises around the world are assessing risks and addressing cost management for their growing portfolios of technology resources.
In this document, the focus is on 2023 budget expectations for security products and services of finance IT buyers, also in light of the evolving regulatory landscape (for example, under the EU Digital Operational Resilience Act known as DORA) and the subsequent high priority that is given to projects, initiatives, and investments aiming to enhance security and digital resilience in the industry.