Middle Market
Cybersecurity statistics about middle market
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Nearly 1 in 4 middle market organizations reported a ransomware attack or demand in the past year.
81% of middle market organizations plan to increase cybersecurity spending in the year ahead, down from 91% the previous year.
Only 35% of middle market executives report using formal AI governance frameworks.
46% of middle market companies have data governance policies for AI.
46% of middle market companies use AI performance monitoring.
44% of middle market companies define roles and responsibilities for AI decision-making.
51% of middle market companies rely on staff training for responsible AI use.
96% of middle market executives express confidence in their cybersecurity posture.
39% of middle market organizations prioritize detection and response in cybersecurity investment.
Cybersecurity funding is managed by the chief technology officer in 43% of middle market firms, by the chief financial officer in 37%, and by the chief information security officer in 34%.
The most commonly outsourced cybersecurity services among middle market firms are cloud security management (50%), security awareness training (44%), security operations center services (43%), and risk and compliance management (41%).
23% of middle market organizations prioritize digital identity management.
36% of middle market organizations prioritize cloud security in cybersecurity investment.
35% of middle market organizations prioritize broader risk management functions in cybersecurity investment.
18% of middle market organizations experienced a data breach in the past year.
34% of smaller middle market companies noted that AI governance steps are not yet in place.
Only 46% of larger and 37% of smaller middle market companies reported collaborating with external partners for coordinated resilience planning.
Among middle market companies that experienced at least one ransomware attack, 31% said existing security measures were unsuccessful.
Familiarity with policy coverages dropped to 69% from 75% in the 2024 data at middle market organisations.
25% of surveyed executives at middle market organisations reported experiencing at least one ransomware attack or demand in the previous 12 months.