A new report on the impact of AI on the cybersecurity industry, with 69% of companies saying that AI in cybersecurity is necessary due to threats that human analysts are unable to handle.
The report examines the impact of AI on cybercrime, speaking with AI and cybersecurity experts to see how it is being used against and to protect businesses, and highlights key statistical insights.
Breaches that affected organizations with fully integrated AI security solutions cost them an average of $1.8 million less than companies without them, and took 100 fewer days to identify.
There are three main reasons for this: to improve threat and phishing detection, quickly analyze incidents and find solutions, and create threat simulations to predict possible cyberattacks. As a result, 95% of businesses are increasingly taking a proactive rather than reactive approach to cybersecurity.
Dr Robert Johns, data analyst at Hackr, said: “By analyzing petabytes of data in real time, AI systems can detect anomalies that human analysts might overlook: providing security teams with an early warning system to anticipate emerging issues. AI also helps ease the burden by automating routine security tasks. In one project, the AI sifted through firewall and IDS logs, finding 900 daily alerts that we likely would have missed due to fatigue. This shows how AI strengthens defenses by connecting the dots between multiple and diverse sources of information.
The pace of AI implementation means the AI cybersecurity market is expected to reach over $133 billion by 2030.
Its impact is also a major problem in the cybersecurity sector. AI-powered hackers have fueled a huge increase in cybercrime, which is expected to cost internet users $9.22 trillion in 2024.
The vast majority (85%) of cybersecurity professionals blame AI, having seen a 75% increase in cybercrime in 2023. Nearly half (46%) of these same respondents believe that generative AI will make organizations more vulnerable to cyberattacks than they were before AI. .
The main reasons for this increase are: AI increases the speed and volume of attacks, adapts to specific defenses, and creates more sophisticated and personalized attacks.
Mihoko Matsubara, Chief Cybersecurity Strategist at NTT Corporation, explains: “Malicious actors will use AI to continue to accelerate malware and identify targets, software, and weaknesses to exploit.
Techopedia editor – Nick Francis – has this to say about the search: “AI has grown in popularity over the last year, with people using it for everyday tasks, from automating data collection to detailed research. While incredibly useful, it is clear that it can also be used to automate widespread and costly cyberattacks. Organizations and users need to be more aware than ever of not only the same threats, but also updated versions that can use AI to further personalize targets in creative ways. User training, updated systems, and protection programs must be used and maintained to stand a chance against these new threats.
When it comes to security measures internet users and businesses can take in 2024, Techopedia asked five popular AI platforms that had this useful information:
- Education around new hacking methods: “Stay informed about the latest cybersecurity trends and threats,” encouraged ChatGPT. “Educate family members, especially children and the elderly, as they may be more vulnerable to certain types of scams. »
- Creating strong and unique passwords: three of the AIs – ChatGPT, Claude and Lama – suggested using a password manager.
- Implementing Multi-Factor Authentication (MFA): as ChatGPT explains, MFA “adds an extra layer of security beyond a password, usually involving something you know (a password), something you have (a phone or dongle), or something thing you are (biometric verification).”
- Protect your home network: AI Platform Claude stressed the importance of a VPN to prevent “spying or eavesdropping” – or being, as Lama he says, “intercepted or accessed by unauthorized parties.”
- Keep the software up to date: ChatGPT, Claude and Lama all raised good points about installing – and updating – robust antivirus and anti-malware solutions.
*Report of Techopedia
