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Irish Businesses Lag in Cybersecurity Spending Amid Rising AI Threats

Irish Businesses Lag in Cybersecurity Spending Amid Rising AI Threats

First seen 19 Oct 2026, 01:44 UTC • •
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ThreatCluster •October 19, 2026 at 02:42 UTC
  • •Only 33% of Irish security leaders prioritize AI threat spending.
  • •Just 17% integrate cyber risk into enterprise risk management.
  • •84% of global leaders expect increased cyber budgets in 2027.

A recent PwC survey indicates that only one in three security leaders in Irish businesses prioritize spending on defenses against AI-enabled attacks. The survey reveals that just 17% of Irish respondents integrate cyber risk into their enterprise risk management processes, significantly lower than the global average of 41%. Furthermore, less than a quarter of organizations conduct realistic incident response exercises to assess their preparedness for cyber threats. The report highlights a growing disconnect between the recognition of cyber threats and the actions taken to mitigate them. As organizations increasingly adopt AI technologies, the need for robust cybersecurity measures becomes more. The survey suggests that 84% of global security leaders expect cyber budgets to rise in 2027, indicating a shift in focus towards enhancing cyber resilience. However, Irish businesses appear to be lagging behind in this area, raising concerns about their ability to respond to evolving cyber threats.

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Timeline

2026-10-19
PwC survey results published
The PwC 2027 Digital Trust Insights survey reveals low prioritization of cyber spending in Irish businesses, particularly against AI threats.
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Common questions

How many Irish businesses prioritize AI threat spending?
Only one in three security leaders at Irish businesses prioritize spending on AI-enabled attack defenses.
What percentage of Irish firms integrate cyber risk into risk management?
Only 17% of Irish respondents strongly agree that cyber risk is integrated into their organization's enterprise risk management.
What is the global expectation for cyber budgets in 2027?
Globally, more than 84% of security and finance leaders expect cyber budgets to increase in 2027.