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🇨🇦 English, 21 October 2026, cybersecurity spending

Rising Cyber Risks Drive U.S. Companies to Boost Cybersecurity Budgets

U.S. companies are increasing their cybersecurity budgets due to rising cyber risks, supporting demand for security software, cloud, and AI-linked defenses.

Rising cyber risk is becoming a core budget issue for large U.S. companies as executives rank attacks above other major business threats.

The average U.S. enterprise data breach cost rises to $10.22 million, with weekly attacks projected to increase 18% to 2,086 per organization in 2026.

Gartner forecasts enterprise AI security spending to grow from $15.6 billion in 2025 to $37.6 billion by 2030, supporting cybersecurity ETF exposure.

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