What's infosec like in the mid-market? Anil Miglani, senior VP at Access Markets International Partners, a consultancy that specializes in small and midsize businesses, provides a snapshot. Total employees: 100 to 999Average annual IT budget: approaching $667,000, with significant variations based on size and industry.Percentage of IT budget spent on security: 3%, with more security-conscious businesses spending two to three times as much as others.Security leadership: CISOs are generally present only at the larger end of the spectrum or in regulated industries such as finance and insurance. The CIO may also function as CISO.Major challenges: Limited staff; products designed for larger enterprises may be difficult to scale down; business may lack adequate backup systems.Tactics: Trend toward outsourcing security, storage and disaster recovery, and using integrated products that provide more functionality. Related content feature Top cybersecurity M&A deals for 2023 Fears of recession, rising interest rates, mass tech layoffs, and conservative spending trends are likely to make dealmakers cautious, but an ever-increasing need to defend against bigger and faster attacks will likely keep M&A activity steady in By CSO Staff Sep 22, 2023 24 mins Mergers and Acquisitions Mergers and Acquisitions Mergers and Acquisitions brandpost Unmasking ransomware threat clusters: Why it matters to defenders Similar patterns of behavior among ransomware treat groups can help security teams better understand and prepare for attacks By Joan Goodchild Sep 21, 2023 3 mins Cybercrime news analysis China’s offensive cyber operations support “soft power” agenda in Africa Researchers track Chinese cyber espionage intrusions targeting African industrial sectors. By Michael Hill Sep 21, 2023 5 mins Advanced Persistent Threats Cyberattacks Critical Infrastructure brandpost Proactive OT security requires visibility + prevention You cannot protect your operation by simply watching and waiting. It is essential to have a defense-in-depth approach. By Austen Byers Sep 21, 2023 4 mins Security Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe