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Fewer firms see cybersecurity technology as ‘high value for money’

Businesses are increasingly recognizing the critical role of people in utilizing AI for cybersecurity, with a new study showing 50% will boost spending on human resources next year. Companies using AI and automation have identified and contained cyber threats 108 days faster on average, with breach costs $1.76 million lower. However, only 53% of firms plan to secure these AI tools, and three-in-five firms have questioned the value for money provided by technology since 2023.

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