Quarter of large Irish firms cut cybersecurity budgets in 2026 despite rising threats, Saros study finds
By
ThinkBusiness
4d ago· 4 min readenNews
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Summary
A quarter of large Irish firms cut cybersecurity budgets in 2026 despite elevated threats, according to Saros Consulting research. The study of 200 IT decision-makers reveals mixed investment patterns, with rising use of bug bounties as a cost-effective alternative, but also significant gaps in incident readiness and legacy system vulnerabilities. The findings highlight a disconnect between growing digital transformation risks and actual security spending.
Key quotes
· 3 pulled25% of large organisations reduced their cybersecurity budgets this year
The study, conducted by Censuswide among 200 IT decision-makers in organisations
Saros research highlights mixed investment patterns, rising use of bug bounties, and gaps in incident readiness
Quarter of Irish large firms cut cybersecurity budgets in 2026, as Saros research highlights rising bug bounty use, legacy risks and gaps in incident readiness.
