Cybersecurity has a pivotal role in driving business value, with organizations increasingly integrating cyber into their strategic initiatives. From technology transformation—including the use of artificial intelligence (AI)—to the shifting role of the CISO, discover how US decision-makers contend with the latest cross-industry cybersecurity trends.
The fourth edition of Deloitte Global’s Future of Cyber Survey* involved 1,196 cyber decision-makers across the world—including 203 US leaders. The survey reveals the increasing business value of cyber and technology transformation activities. Here are some key insights from the US decision-makers surveyed:
Cybersecurity is unlocking business value: 90% of respondents expect to achieve their desired business outcomes to a moderate or large extent as a result of their increased cybersecurity activities.
The top 3 expected outcomes of cybersecurity initiatives:
And the top 3 strategic challenges they face:
Role of AI in cybersecurity: AI capabilities are increasingly used in cybersecurity programs, with 43% of respondents using AI in their cybersecurity programs to a large extent. However, concerns about generative AI risks, such as the explainability of GenAI outputs and privacy, persist.
Cybersecurity is gaining visibility with leadership: 41% of respondents report their board addresses cyber-related issues at least once a month, while 30% are meeting weekly.
And the influence of the CISO is growing across an increasingly cyber-savvy C-suite: Almost 1/3 of respondents noted CISO involvement in strategic conversations about tech investment. Half of respondents are very confident in the C-suite and board’s ability to adequately navigate cyber issues.
Cybersecurity budgets are growing and increasingly integrated with other programs: 58% of respondents anticipate increasing their cyber budget over the next 12 to 24 months.
*Find the Global Future of Cyber Survey at deloitte.com/global-future-of-cyber.