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Artificial Intelligence amplifies Cybersecurity

October 29, 2021

Artificial Intelligence amplifies Cybersecurity

The proliferation of digitization and the trending dominance of the Internet has accelerated the scope of cybersecurity. Though the traditional data-driven systems used limited storage and volatile databases, currently the cloud-based and app-based solutions can give every device access to the information at any time. The AI professionals with Artificial Intelligence education and the best AI skills are highly in demand due to many reasons.

The cyberattacks on various companies have badly hit their overall operations. It was reported that the number of cyberattacks has already risen double the cases of the previous year, says Online Trust Alliance. The data also revealed that cybercriminals are highly monetizing these activities, and over 2 million cyber incidents happened in 2018, which created more than USD 45 billion losses.

Almost all organizations regardless of their position and size, get smashed with massive cyberattacks if not secured. Popular organizations like Maersk, Uber, Equifax, were all badly hit by the consequences of cybersecurity breaches and attacks. At least 68% of business leaders expressed that their cybersecurity risks are worsening, according to Accenture.

Preventing data accumulation, avoiding or not taking care of the secure data flow, lack of attention in dealing with the malware and other possible threats, etc. can leave the businesses in vain.

Recently, the phone number details and personal data of about 533 million Facebook users have leaked online, in 2021. It was found that the highly sensitive information is manipulated, and this paved the way for fraudsters to find out ways for manipulating the system data.

According to the enterprise, its size, and the kind of operations it deals with, there are various types of data you need to calculate the risk. 95% of cybersecurity breaches result from human error, says Cybint, a global cyber education company. Hence, Identification of the loopholes and developing cyber security practices are no more the cup of tea of humans.

Considering the unforeseen challenge caused by cybersecurity in various industries, AI tools and techniques for cybersecurity have come into existence. This continuously helps the information security and AI teams to minimize the risks of security breaches and enhance the security of their operations effectively.

Importance of AI in Cybersecurity

Artificial Intelligence and Machine learning have steered the various tools and techniques required to manage Cybersecurity in businesses. AI for Network Threat Identification, email monitoring, antivirus software, user behavior modeling, AI threat identification and analysis, and many other methods have used the power of AI to deploy cybersecurity in business processes.

IBM had estimated that the total financial burden out of a data breach counts to more than 3.8 million USD. However this value is restricted to one organization, and when the enterprise companies are considered, this value can get doubled or tripled.

The data-driven world needs special attention to the identification, segregation, integration, and many other techniques used to manage the business accumulated data. Since today's operations highly depend on the Internet, it is necessary to deploy AI technologies into cybersecurity.

Role of AI in Cybersecurity

  • Ensuring security compliance

The average cost of recovery resulting from a data breach is found to be at least 3.86 million USD, says the reports from Norton. The same report also states that companies need an average of 196 days for the identification of data breaches. That's why Artificial intelligence is highly recommended against the threats and risks involved in the processes quickly. The insights developed by Artificial intelligence systems can decrease the response times so that companies can ensure security compliance.

  • Detection of complicated cyber-attacks

AI comes as a time saver and makes businesses operational efficient with the careful detection of possible cyberattacks. For instance, Energy Saving Trust is a renowned organization in the UK striving to minimize carbon emissions to 80% by the year 2050. To achieve this goal, the company was in search of new cyber defense technology. It also requires defending the critical assets, sensitive data of clients, intellectual property, etc. The AI system deployed by the company could make enormous changes in the operations, where the AI could automatically recognize anonymous actions and provide real-time alerts.

  • Email Malware and spam filtering

The services from Gmail are used by millions worldwide. Gmail utilizes AI and machine learning techniques to enable the blocking of 100+ million spam emails every single day. Many of these spam messages are found to be phishing threats and various other potential malware, and the Google AI is efficient in analyzing them.

  • Anomaly detection for network security

Additionally, the banking sector has AI vendors who offer AI software for cybersecurity, to deploy anomaly detection and analyze the threats to network security. The software can also aid financial institutions and banks with cybersecurity threat detection and management. 

n short, Artificial Intelligence leader monitor and analyzes the security in businesses providing the following benefits:

  • Bridging the gaps in security technology
  • Building security teams for next-generation Introduce security culture for the firms
  • Manage the repetitive and massive transactions
  • Forecast and eradicate potential threats
  • Monitoring and ensuring compliance in every move

Wrap Up

About 61% of the cybersecurity professionals reveal that their cybersecurity team is understaffed. This skill gap is a huge challenge and will create about 3.5 million unfilled jobs in the year 2021. AI skilled professionals have begun to use the AI skills to implement cybersecurity operations of businesses, therefore it is essential to upskill yourselves with AI certifications. Artificial intelligence education helps you to be equipped with the skills required by various firms to hire AI professionals.

Cybersecurity Artificial Intelligence is believed to make USD 38.2 billion at the end of 2026, compared to USD 8.8 billion in 2019, with a huge CAGR of about 23.3%. With Artificial Intelligence skills, you learn end-to-end workflows and security-driven processes that mold you into an expert in leveraging the security of business processes. AI certifications can help professionals to explore the cybersecurity operations in an organization and trigger the operations with utmost security compliance.