Cyber spending grows despite economic slowdown; companies shift to proactive, AI-driven security platforms.
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Cyber spending in the Eurozone is projected to reach $75.6 billion by 2029 with a CAGR of 10-11 percent, though 2025 may see a slowdown due to weak economic growth, geopolitical instability, and trade tensions affecting European businesses’ investment decisions. In Italy, 52% of companies plan to increase cybersecurity investments in the next two years because private entities are frequently targeted by attacks amid geopolitical tensions. Globally, security practices are evolving from managing numerous disconnected tools toward platform consolidation, with 45% of companies aiming for fewer than 15 digital defense tools by 2028. A shift is occurring towards preemptive cybersecurity, moving investment from reactive measures to prevention, targeting a rise in IT spending on prevention from 5% to 50% by 2030 through behavioral analysis and predictive models. Artificial intelligence, specifically Domain-specific language models (Dslm), will become central to this new security approach, expected to be integrated into 75% of cyber defenses by 2028. Separately, Spain has experienced an escalation in cyberattacks targeting private companies, critical infrastructure, and public institutions, including a dark web sale of Amazon España customer data containing five million records.
