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Apple provides superior cybersecurity protection – Computerworld

Already cyber attacks are costing companies $400 billion every year, according to Lloyds. A better world is possible. That’s the background in which Apple, Cisco, Aon and Allianze have come …(1)

Apple commits $430 billion in US investments over five years

Apr 26, 2021The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology. Apple plans to make new contributions of more than $430 billion in the US and add 20,000 jobs across the country over the next five years. Cupertino, California Apple today announced an …(2)

Global Cybersecurity Spending To Exceed $1.75 Trillion From 2021-2025

Sep 10, 2021With cybercrime predicted to cost the world $10.5 trillion annually by 2025, up from $3 trillion a decade ago and $6 trillion in 2021, commensurate growth in cybersecurity expenditure will be crucial to keep up. However, companies without the right business-cybersecurity interface may find they are spending the right money in the wrong places.(3)

How Does Apple Spend Its Money? – Forbes

Dec 2, 20193. Income Tax Expense: Apple’s Provision for Income Taxes has declined from $15.7 billion in 2016 to about $10.5 billion in 2019, driven by U.S. Federal Income Tax Reforms, with the Effective …(4)

Apple’s CEO security budget is surprisingly low – Cult of Mac

By the way, Coca-Cola “only” spent $128,333 on protection for head Muhtar Kent and $91,116 for VP Ahmet Bozer, so at least some companies with security budgets are spending less than Apple is.(5)

Cybersecurity budgeting and spending trends 2020: How does yours …

As a rough benchmark, a Cisco Security report determined that 46% of midmarket organizations (with 250-999 employees) spent less than $250,000 in 2019, while 43% spent $250,000 to $999,000. For larger companies (1,000-9,999 employees), the most common spend was $250,000-$999,999, while large enterprises with more than 10,000 employees were …(6)

2021 Cybersecurity Budgets: Breakdown, Spending Trends Explained – AT&T

A recent study by Deloitte and the Financial Services Information Sharing and Analysis Center found that financial services on average spend 10% of their IT budgets on cybersecurity. That’s approximately 0.2% to 0.9% of company revenue or $1,300 to $3,000 spent per full time employee.(7)

Cybersecurity spending worldwide 2021 | Statista

Feb 16, 2022. In 2019, spending in the cybersecurity industry reached around 40.8 billion U.S. dollars, with forecasts suggesting that the market will eclipse 60 billion U.S. dollars by 2021 as …(8)

Cybersecurity spending in the U.S. 2010-2018 | Statista

Spending on cybersecurity in the United States 2010-2018. In 2018, global spending on cybersecurity was projected to reach around 66 billion U.S. dollars, more than doubling in value since 2011 …(9)

Cybersecurity prevention can save your company $682K

Thus, if the attack is prevented the total cost saved would be $682,650 (82 percent of $832,500).”. Even though these cost savings are substantial, only 24% of cybersecurity teams are focused on …(10)

Apple Cyber Security Salaries – Glassdoor

May 19, 2022The estimated total pay for a Cyber Security at Apple is $157,867 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $100,279 per year. The estimated additional pay is $57,589 per year.(11)

U.S. Government to Spend Over $18 Billion on Cybersecurity

In 2021, the Department of Defense requested the most funding for cybersecurity purposes by far, with $9.85 billion. Meaning, the DoD digital security budget amounts to over 52% of the whole federal cybersecurity spend. These funds aim to support the Pentagon’s efforts to defend against cyberattacks against US forces.(12)

Cybersecurity Spending To Reach $123B In 2020 – Forbes

Aug 10, 2020While Gartner predicts IT spending will decline by 8% this year, dropping from $3.7T in 2019 to $3.4T, security and risk management (cybersecurity) is predicted to grow 2.4%, down from a projected …(13)

How Much Does The US Spend On Cybersecurity? – Security Forward

Dec 1, 2021The United States’ overall cyber security spending is expected to decline in 2021, with total proposed agency cyber security funding totaling 18.78 billion US dollars. In FY 2020, the U.S. government allocated $17.4 billion for cybersecurity. This amount indicates over a $2 billion increase from the FY 2019 and FY 2018 President’s Budget …(14)

Microsoft’s $20 billion plan for cybersecurity’s big spending … – CNBC

Sep 8, 2021Even within the Fortune 100, many companies are spending a ton of money on new cybersecurity technologies, but lack the right people to implement them correctly, according to Chris Rouland, CEO of …(15)

Why can’t Apple spend its way out of security vulnerabilities?

Apple has a lot of money. On most days, it’s the largest company in the world by market cap, and a surprising amount of that money is already in the bank. … it’s surprising that the company …(16)

Are You Spending Enough on Cybersecurity? – BCG Global

As the world becomes ever more reliant on technology, and as cybercriminals refine and intensify their attacks, organizations will need to spend more on cybersecurity. Indeed, Gartner reports that average annual security spending per employee doubled, from $584 in 2012 to $1,178 in 2018.(17)

Financial services firms spend 6% to 14% of IT budget on cybersecurity …

Asset managers and other financial service firms spend roughly $2,300 per full-time employee on cybersecurity a year, said a results of a survey released Wednesday by Deloitte and the Financial …(18)

Apple is spending a record amount on research and development as it …

Apple is spending more than ever on research and development. According to a CNBC report, Apple dropped $4.2 billion on R&D during the third business quarter of 2019, accounting for 7.9% of its revenue, the highest percentage since 2003.. The rising cost isn’t out of the ordinary for most big tech companies, but it is for Apple who usually keeps the overall R&D number down.(19)

Apple spends more than $30 million a month on Amazon Web Services – CNBC

Apr 22, 2019At the end of March, Apple’s spending was on track to average more than $30 million per month in the first quarter of 2019. That would be more than 10 percent higher than a year earlier …(20)

Excerpt Links

(1). Apple provides superior cybersecurity protection – Computerworld
(2). Apple commits $430 billion in US investments over five years
(3). Global Cybersecurity Spending To Exceed $1.75 Trillion From 2021-2025
(4). How Does Apple Spend Its Money? – Forbes
(5). Apple’s CEO security budget is surprisingly low – Cult of Mac
(6). Cybersecurity budgeting and spending trends 2020: How does yours …
(7). 2021 Cybersecurity Budgets: Breakdown, Spending Trends Explained – AT&T
(8). Cybersecurity spending worldwide 2021 | Statista
(9). Cybersecurity spending in the U.S. 2010-2018 | Statista
(10). Cybersecurity prevention can save your company $682K
(11). Apple Cyber Security Salaries – Glassdoor
(12). U.S. Government to Spend Over $18 Billion on Cybersecurity
(13). Cybersecurity Spending To Reach $123B In 2020 – Forbes
(14). How Much Does The US Spend On Cybersecurity? – Security Forward
(15). Microsoft’s $20 billion plan for cybersecurity’s big spending … – CNBC
(16). Why can’t Apple spend its way out of security vulnerabilities?
(17). Are You Spending Enough on Cybersecurity? – BCG Global
(18). Financial services firms spend 6% to 14% of IT budget on cybersecurity …
(19). Apple is spending a record amount on research and development as it …
(20). Apple spends more than $30 million a month on Amazon Web Services – CNBC

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Evangeline Christina is a Cyber Security Enthusiast, Security Blogger, Technical Editor, Certified Ethical Hacker, Author at Cyberspecial.net. Previously, he worked as a security news reporter in a reputed news agency.

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