Marsh & McLennan Companies Inc. $(MMC)$ has released a new report highlighting a surge in cybersecurity investments driven by rising third-party risks and persistent ransomware threats. The "Cyber catalyst report: Guiding priorities in cyber investments" draws on insights from over 2,200 cyber risk leaders across 20 countries, revealing that nearly 66% of organizations plan to increase cybersecurity spending in the coming year. Notably, more than a quarter intend to boost their budgets by 25% or more, with the UK leading in planned spending increases. The report finds that 70% of organizations experienced at least one significant third-party cyber incident in the past year, underscoring the importance of supply chain risk management. Ransomware and privacy breaches remain top concerns, and while global confidence in cyber risk management is high, regional disparities persist, with organizations in India, the Middle East, and Africa expressing the most confidence. Top investment priorities include technology upgrades, incident planning, and talent acquisition, as companies recognize that robust cyber defense is now a business imperative.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MMC - Marsh & McLennan Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209992999) on December 09, 2025, and is solely responsible for the information contained therein.
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