It's good and all to talk about making additional investments in to IT security, but budget is a concern for most organisations. If your company has a tight purse string, there are still ways to improve IT security.
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The word "cyberattack" is used quite regularly as an umbrella term for any kind of attempt by hackers to gain access to IT systems, infrastructure and equipment for malicious intent. You probably use it yourself when describing security breaches and malware attacks, but is that the correct term to use? We refer to the Australian Cyber Securiy Centre (ACSC) Threat Report 2015 for guidance.
When it comes to IT security, it's usually a case of "out of sight, out of mind" until something screws up. Suffering a cyber attack could be a costly affair for businesses which can lead to loss of income and reputational damage, which is why security is something organisations shouldn't skimp on. But IT budget constraints are just a part of life for many companies and they need to be smart with what security technologies they spend on.