Marsh & McLennan Companies, Inc.’s MMC arm, Marsh, recently released a global cybersecurity report titled the “Cyber catalyst report: Guiding priorities in cyber investments.” The study revealed that about 75% of organizations worldwide say they are “highly confident” in their cyber-risk management strategies, though regional variation is strong: for instance, entities in India, the Middle East and Africa report 83% confidence, whereas firms in Asia report as low as 50%.
Around 66% of respondents plan to increase cybersecurity investments over the next year, with 26% expecting to boost budgets by 25% or more. The top investment priorities: cybersecurity technologies and mitigation tools, incident-response planning and hiring security talent. Alarmingly, 70% of organizations reported at least one major third-party cybersecurity incident in the past 12 months.
These results signal a shift: cybersecurity is no longer just an IT issue; it is now a core business priority. The prevalence of third-party incidents and the primacy of ransomware as top concerns reveal that traditional perimeter defenses aren’t enough. Organizations now realize they must secure not only internal…
