Axis Capital Survey Finds AI Drives Cyber Threat Surge and Budget Increases

Reuters
01/20
Axis Capital Survey Finds AI Drives Cyber Threat Surge and Budget Increases

Axis Capital Holdings Limited has released new research examining the impact of artificial intelligence $(AI)$ on the evolving cyber risk landscape. The survey, which gathered insights from 500 CEOs and CISOs in the U.S. and U.K., highlights AI's dual role as both a driver of operational efficiency and a source of unprecedented cyber threats. Key findings reveal that AI-driven attacks are seen as the top emerging cyber risk, with nearly 82% of respondents planning to boost their cybersecurity budgets in the coming year. The report also points to generational and regional differences in attitudes: younger executives and U.S. leaders express higher confidence in AI's ability to enhance cyber defenses compared to their older and U.K. counterparts. Despite optimism about AI's potential, three-quarters of those surveyed anticipate reducing cybersecurity headcount due to productivity gains from AI-based tools, underscoring the technology's complex influence on the industry.

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. Axis Capital Holdings Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9628575-en) on January 20, 2026, and is solely responsible for the information contained therein.

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