Airports and airlines cybersecurity spending to reach $3.9bn in 2018
November 29, 2018 / Airport Technology
Cybersecurity investments by airports and airlines are increasing year-on-year and expected to total $3.9bn in 2018, according to a report from technology firm SITA. Titled ‘2018 Air Transport Cybersecurity Insights’, the report says that investment in cybersecurity by airports is expected to increase to 12% of their overall IT budgets in 2018, up from 10% in 2017. Similarly, airlines will invest an average of 9% of their overall IT budget on cybersecurity this year, up from 7% 12 months ago. The report noted that many executives are aware that greater efforts are required to implement proactive cybersecurity measures. SITA CEO Barbara Dalibard said: “The importance of cybersecurity is well-recognized and airlines and airports are investing in building a solid security foundation. However, the number of cyber threats continues to grow exponentially every year, as does the sophistication of those threats.