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AI emerges as the top cybersecurity investment priority for companies in a shifting risk landscape, as only 6% are 'very capable' to withstand cyber-attacks across all vulnerabilities surveyed: PwC

Nearly eight-in-ten (78%) organisations say their cyber budget will increase over the next 12 months, as businesses continue to contend with a widening array of cyber risks. Investment in artificial intelligence was the top budget priority (36%) over the next 12 months, ahead of cloud security (34%), network security (28%) and data protection (26%). More than a quarter of businesses (27%) say their most damaging data breach over the last three years cost USD1 million or more, with larger firms

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