Barclays Index: 68% of UK Firms to Boost Cybersecurity Spending Amid AI-Driven Risks
By
Alessandro Mascellino
A bagel you'd recommend to a friend without hedging.
Summary
A Barclays Business Prosperity Index reveals that 68% of UK businesses plan to increase cybersecurity spending over the next 12 months, driven by AI adoption and geopolitical uncertainty. Nearly half (46%) of business leaders believe new technologies are increasing their exposure to cybersecurity risks, while fewer than 30% are confident in their ability to respond to a major cyber incident.
Key quotes
· 3 pulledMore than two-thirds of UK businesses have said they plan to increase cybersecurity spending over the next 12 months as AI adoption and geopolitical uncertainty reshape technology budgets.
68% of UK business leaders expect to increase cybersecurity investment, while 46% believe new technologies are increasing their exposure to cybersecurity risks.
Fewer than three in 10 businesses are confident in their ability to respond to a major cyber incident.
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