Cybersecurity investment needs to reach more than 10% of IT budget

At the 2023 Global Digital Economy Conference, Qi Xiangdong emphasized the importance of data security and pointed out the four major development directions of the cybersecurity industry: endogenous security system, zero trust system, security operation system, and integrated data security system. At the same time, he mentioned that cybersecurity investment must reach more than 10% of the IT budget.