Over 30 percent of business and technology executives surveyed for this study expect their company's cyber budget to increase between six and ten percent in 2024. Overall, 80 percent of respondents worldwide anticipate their organization's cybersecurity budget to increase in 2024.
How is your cyber budget likely to change in 2024?
Characteristic
Share of respondents
Increase by 15% or more
10%
Increase by 11%-14%
15%
Increase by 6%-10%
31%
Increase by 5% or less
24%
Unchanged
9%
Decrease by 5% or less
2%
Decrease by 6–10%
2%
Decrease by 11–14%
1%
Decrease by 15% or more
0%
Cannot determine at this time ((e.g. due to economic and business uncertainty)
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PwC India. (November 2, 2023). How is your cyber budget likely to change in 2024? [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/
PwC India. "How is your cyber budget likely to change in 2024?." Chart. November 2, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/
PwC India. (2023). How is your cyber budget likely to change in 2024?. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/
PwC India. "How Is Your Cyber Budget Likely to Change in 2024?." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/
PwC India, How is your cyber budget likely to change in 2024? Statista, https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/ (last visited November 18, 2024)
How is your cyber budget likely to change in 2024? [Graph], PwC India, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/1318365/cyber-budget-changes-for-global-companies/
