Aug. 14, 2023

The CISO Circuit Report – The Down Market’s Downturn Effects on CISOs (Edition 9)

Our team recently set out to understand what challenges the current down market conditions presents to enterprise security customers. Over the course of 40 interviews with distinguished cybersecurity executives hailing from a wide spectrum of verticals and company sizes, we collected responses to a series of questions about how their budgets have been impacted, what this means for their interactions with vendors and how security strategies have evolved in response.

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About the CISO Circuit

YL Ventures frequently confers with an extended network of prominent cybersecurity professionals, including our Venture Advisory Board and industry executives, to assess our portfolio prospects, inform market predictions and cultivate portfolio company business development. As such, we have established direct lines of communication with the global market’s preeminent CISOs and cybersecurity experts for ongoing insights into their thoughts, priorities, and opinions about the state of their organizational cybersecurity. 

We recognize the value this information presents to entrepreneurs, especially those wishing to enter the U.S. cybersecurity market, and to the cybersecurity community as a whole. For this reason, YL Ventures launched ‘The CISO Circuit’, an initiative under which we publish reports containing gathered intelligence for general use.