Houlihan Lokey – Cybersecurity Quarterly Update, Q2 2025

The main theme of the report is the current state and trends in cybersecurity.

Key findings include organizations shifting from reactive to proactive risk management measures, companies being satisfied with returns on cybersecurity investments but needing practical guidance due to the plethora of available solutions, AI emerging as a major threat in cybersecurity, the increase in cyberattacks highlighting the need for sophisticated defensive measures, small and medium enterprises recognizing risks but struggling to implement effective tools, the complexity of cyberattacks and AI development increasing the vulnerability of non-technical users, and a decrease in M&A activity but an increase in cybersecurity asset financing deals.