While many companies have grappled with tight budgets this year amid an economic downturn, the departments securing remote workforces are seeing a bit of a boost.

Big companies increased their budgets for IT security by an average of 5%, according to the recently released results of an August survey conducted by Annapolis-based CyberEdge of 600 executives and managers working at companies with more than 1,000 employees. And the growth is expected to continue next year, as they are eyeing a 7% increase, on average, for 2021.

CyberEdge CEO Steve Piper said analysts at the firm the research and marketing services firm expected that cybersecurity would follow a similar trend as others in a tough economic time.

READ FULL ARTICLE HERE