PwC: AI Now Top Cybersecurity Investment Priority for Companies

Kayode Tokede 

A report by PwC has revealed that Artificial Intelligence (AI) tops the agenda for cybersecurity among business leaders in cyber budget allocations, addressing cyber talent shortages, and bolstering cyber defence capabilities over the next 12 months.

The firm, in its 2026 Global Digital Trust Insights survey, disclosed that 3,887 business and tech executives from across 72 countries and territories were interviewed.

PwC findings showed that only around half of security and operations leaders say their organisation is ‘very capable’ of withstanding cyber-attacks, with only six per cent say they’re ‘very capable’ across all areas surveyed, even as new and emerging technologies including AI and quantum computing transform the cyber risk landscape.

Consulting and Risk Services Leader, PwC Nigeria, Femi Osinubi   said, “As organisations in Nigeria advance on their digital transformation journey, the need for resilient cybersecurity strategies has never been more critical.

“AI presents a significant opportunity to strengthen cyber defence, with success dependent on addressing the skills gap and integrating these technologies into broader risk frameworks. Nigerian businesses must invest in AI-driven solutions while upskilling local talent. Combining technology and skills is key to protecting Nigeria’s digital economy and infrastructure.”

Global Cybersecurity and Privacy Leader, PwC US, Sean Joyce said, “New and emerging technologies and a rapidly evolving and digitally interconnected global ecosystem and threat landscape have created a tipping point. Cyber leaders must chart a path forward and that requires executive alignment.”