Site icon Software Strategies Blog

Why AI Is The Future Of Cybersecurity

These and many other insights are from Capgemini’s Reinventing Cybersecurity with Artificial Intelligence Report published this week. You can download the report here (28 pp., PDF, free, no opt-in). Capgemini Research Institute surveyed 850 senior executives from seven industries, including consumer products, retail, banking, insurance, automotive, utilities, and telecom. 20% of the executive respondents are CIOs, and 10% are CISOs. Enterprises headquartered in France, Germany, the UK, the US, Australia, the Netherlands, India, Italy, Spain, and Sweden are included in the report. Please see page 21 of the report for a description of the methodology.

Capgemini found that as digital businesses grow, their risk of cyberattacks exponentially increases. 21% said their organization experienced a cybersecurity breach leading to unauthorized access in 2018. Enterprises are paying a heavy price for cybersecurity breaches: 20% report losses of more than $50 million. Centrify’s most recent survey, Privileged Access Management in the Modern Threatscape, found that 74% of all breaches involved access to a privileged account. Privileged access credentials are hackers’ most popular technique for initiating a breach to exfiltrate valuable data from enterprise systems and sell it on the Dark Web.

Key insights include the following:

Conclusion

AI and machine learning are redefining every aspect of cybersecurity today. From improving organizations’ ability to anticipate and thwart breaches, protecting the proliferating number of threat surfaces with Zero Trust Security frameworks to making passwords obsolete, AI and machine learning are essential to securing the perimeters of any business.  One of the most vulnerable and fastest-growing threat surfaces are mobile phones. The two recent research reports from MobileIronSay Goodbye to Passwords (4 pp., PDF, opt-in) in collaboration with IDG, and Passwordless Authentication: Bridging the Gap Between High-Security and Low-Friction Identity Management (34 pp., PDF, opt-in) by Enterprise Management Associates (EMA) provide fascinating insights into the passwordless future. They reflect and quantify how ready enterprises are to abandon passwords for more proven authentication techniques including biometrics and mobile-centric Zero Trust Security platform.

Exit mobile version