Cybersecurity Budgets Have Grown for 84 Percent of Firms
The majority of global organizations have prioritized artificial intelligence spending amid rising cyber threats.
Updated on Oct. 13, 2026 in Cybersecurity
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PwC published its Global Digital Trust Insights Survey, which reflects the responses of 3,934 businesses and technology experts across 71 countries. The report indicates a notable rise in corporate security spending compared to the previous year.
Why it matters
Rising budget allocations signal that cybersecurity has become a top-tier operational priority rather than a secondary IT cost. This shift coincides with institutional moves to formalize national oversight, such as Jamaica's proposal to establish a cybersecurity coordination assurance council.
The survey results show 84 percent of leaders anticipate higher cybersecurity spending, an increase over the 78 percent who projected growth last year. Additionally, 58 percent of these respondents identified artificial intelligence as a primary investment target.
The players
PwC
A global professional services firm that provides audit, advisory, and tax services with a major focus on enterprise digital strategy.
Government of Jamaica
The national authority currently moving to formalize cross-sector cybersecurity oversight through a proposed coordination council.
The details
The survey gathered professional insights from 3,934 experts to assess global digital risk readiness. These findings highlight that organizations are increasingly integrating AI into their security stacks to manage complex digital trust landscapes. Simultaneously, regional actors like the Jamaican government are proposing national cybersecurity coordination assurance councils—centralized bodies designed to synchronize security protocols across government, private, and regulatory sectors.
Timeline
78 percent of surveyed leaders expected budget increases during 2025.
PwC published the Global Digital Trust Insights Survey in 2026.
The Tech Race
This data reflects a global trend where cybersecurity spending is increasingly coupled with artificial intelligence adoption. The trajectory follows a pattern of heightened enterprise investment intended to counteract the automation of digital threats.
Enterprises will likely roll out new AI-powered security tools as these budgets translate into operational updates. Staff in finance and IT departments can expect an increased emphasis on reporting protocols as organizations align their security spending with AI initiatives.
The takeaway
Cybersecurity investment is accelerating, with firms increasingly betting on AI as a critical component of their defense stack. Watch for the official formation of the proposed Jamaican cybersecurity council as an indicator of how national governments plan to standardize defense coordination.
Further reading
For broader analysis on how organizations are managing digital threats, browse our Cybersecurity section.
Source note: This article includes information reported by Radiojamaicanewsonline.
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