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KPMG U.S. chief executive Tim Walsh has warned that artificial intelligence (AI) presents significant and lasting cybersecurity challenges, with the firm’s 2026 U.S. CEO Outlook revealing that 85% of executives expect cyber threats to affect their organizations over the next three years, while 48% plan to increase cybersecurity investment. The survey of 400 U.S. CEOs also highlights AI’s growing impact on workforce strategies, with 53% planning job reductions in certain areas, 86% redesigning roles for human-AI collaboration, and 83% prioritizing employee retention and retraining. Despite concerns about automation, 89% anticipate overall workforce growth, reflecting continued demand for AI and technology expertise. Mr. Walsh emphasized that KPMG is investing in employee development, AI-powered cybersecurity solutions, and its newly established client technology and innovation unit to accelerate adoption. He also identified outdated corporate infrastructure as a multibillion-dollar cybersecurity opportunity, while stressing that human oversight remains essential as AI transforms auditing, tax, and advisory services.
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