Funding for state information security officers

According to the National Association of State Chief Information Officers 40% of their members say they don’t have the budgets to handle the security threats. Insurance premiums are often out of budget. The average cost of a ransomware attack on state and local governments so far this year is $2.83 million. For those keeping up that is more than doubled 2023’s costs. Sophos’ State of Ransomware in State and Local Government 2024 report.

Route Fifty | State and local security adjusting to shifting cyber threats, insurance requirements