How AI is Strengthening Cybersecurity By Vishal Pratap Singh

How AI is Strengthening Cybersecurity

Vishal Pratap Singh | Monday, 23 May 2022, 01:46 IST

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Since, attacks are becoming more and more dangerous despite the rapid advancements in cybersecurity, artificial intelligence came in as a breeze of hope. Recently, a report published by University of Columbia showed that the global cost of typical data breach recovery is $3.86 million. Further this report also explained that majority of companies across the world need atleast 196 days on average to recover from any data breach. Due to these reasons, organisations across the world have started investing in artificial intelligence to avoid wastage of time and any kind of financial losses.

The AI in cybersecurity market is projected to reach USD 38.2 billion by 2026 from USD 8.8 billion in 2019, at the highest CAGR of 23.3 per cent. Experts always recommend organisations to have some kind of protection against cyber criminals so that they can reduce losses and stay unaffected in business for longer period of time.

That being said, in this article, lets have a look at some of the benefits of artificial intelligence in cybersecurity and how it is redefining the industries.

Handles Heavy Data of Business

Organisations or companies are involved in lots of activities which creates a huge traffic. It indicates that there’s a huge amount of data which is transferred between customers and the organisations on a daily basis. This data has threat from malicious activities and people and therefore, it needs protection. It is practically not possible for the cybersecurity firms to check for every individual cyber threat occurring within organisations on a daily basis.

“Artificial Intelligence in cybersecurity emerged as the best solution that helps to detect threats masked as normal activity”, says Naveen Joshi, CEO and Founder, Allerin. Artificial Intelligence comes with an automated nature which allows it to skim through massive chunks of data and traffic. Also, technologies that use artificial intelligence such as residential proxy can help to transfer data. Residential proxy is capable to detect and identify all kind of threats hidden in the bulk of chaotic traffic.

Vulnerability Management

Industry experts say that managing vulnerability is a key to secure the network of a company. With the changing times, the threats faced by organisations such as healthcare, banks and businesses are also changing. Hackers and Spammers keep changing their tactics and come with some new advanced ideas. An average organisation deals with many threats on a daily basis and tries to detect, identify and prevent their network to be safe.

Helps in Assessing Systems at a Faster Rate

Artificial Intelligence helps companies to assess systems at a faster rate than cybersecurity personnel and thereby increases the problem solving ability manifold. It identifies weak points in computer systems, business networks and ultimately helps businesses focus on important security issues. Therefore, these things make it possible to manage vulnerability and secure business systems in time.

Secures Authentication

Generally, it is seen that most of the websites have a user account feature where the user login in order to access services or buy products. Some have contact forms that visitors need to fill with sensitive information. Organisations need an extra security layer to run such a site because it involves most of the personal data and sensitive information. The added security layer will ensure that the visitors are safe while browsing through the network of the organisation.

Artificial Intelligence has the potential to secure authentication anytime a user wants to log into the account of an organisation. AI uses special tools such as facial recognition, CAPTHA, fingerprint scanners and many others for identification. Therefore, the information collected by these features can help in detecting whether a login attempt is genuine or not. “At many times it is seen that hackers have used credential stuffing and brute force attacks to access the networks of an organisation. Once an attacker enters a user account, the whole network could be at a high risk”, says Kashyap Kompella, CEO, RPA2AI Research.

Response Time is Accelerated

Detecting a threat at an early stage is the beginning of protecting the network of any company. It is suggested to detect things like untrusted data quickly as it can save the company from irreversible damage to the network. The most effective way to detect and respond to threats in time is by integrating AI with cybersecurity. Artificial Intelligence scans the entire system and checks for any possible threats. “Unlike humans, artificial intelligence will identify threats at an extremely early stage and thus simplifies the security tasks”, says Julie Sweet, CEO, Accenture.

How’s the Future of AI in Cybersecurity

There is no detail that keeping the data and network secured is not an easy task in today’s environment. Organisations across the world are planning to take a decisive step towards being safer by adopting artificial intelligence to strengthen their security infrastructure. With the above mentioned benefits of artificial intelligence in cybersecurity, it can be anticipated that AI will become an integral part of business cybersecurity across the world in the coming future.

 

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