Technologies such as artificial intelligence (AI), machine learning, the internet of things and quantum computing are expected to unlock unprecedented levels of computing power.
These so-called fourth industrial revolution (4IR) technologies will power the future economy and bring new levels of efficiency and automation to businesses and consumers.
AI in particular holds enormous promise for organizations battling a scourge of cyber attacks. Over the past few years, cyber attacks have been growing in volume and sophistication.
The latest data from Mimecast's State of Email Security 2022 report found that 94% of South African organizations were targeted by e-mail-borne phishing attacks in the past year, and six out of every 10 fell victim to a ransomware attack.
Companies seeing potential of AI
To protect against such attacks, companies are increasingly looking to unlock the benefits of new technologies. The market for AI tools for cyber security alone is expected to grow by $19 billion between 2021 and 2025.
Locally, adoption of AI as a cyber resilience tool is also growing. Nearly a third (32%) of South African respondents in Mimecast's latest State of Email Security 2022 report were already using AI or machine learning – or both – in their cyber resilience strategies. Only 9% said they have no plans at the moment to use AI.
But is AI a silver bullet for cyber security professionals looking for support with protecting their organizations?
Where AI shines – and where it doesn't
AI should be an essential component of any organization's cyber security strategy. But it’s not an answer to every cyber security challenge – at least not yet. The same efficiency and automation gains that organizations can get from AI are available to threat actors too. AI is a double-edged sword that can aid organizations and the criminals attempting to breach their defenses.
Continue reading: https://www.itweb.co.za/content/xnklOqz1Eb9M4Ymz
These so-called fourth industrial revolution (4IR) technologies will power the future economy and bring new levels of efficiency and automation to businesses and consumers.
AI in particular holds enormous promise for organizations battling a scourge of cyber attacks. Over the past few years, cyber attacks have been growing in volume and sophistication.
The latest data from Mimecast's State of Email Security 2022 report found that 94% of South African organizations were targeted by e-mail-borne phishing attacks in the past year, and six out of every 10 fell victim to a ransomware attack.
Companies seeing potential of AI
To protect against such attacks, companies are increasingly looking to unlock the benefits of new technologies. The market for AI tools for cyber security alone is expected to grow by $19 billion between 2021 and 2025.
Locally, adoption of AI as a cyber resilience tool is also growing. Nearly a third (32%) of South African respondents in Mimecast's latest State of Email Security 2022 report were already using AI or machine learning – or both – in their cyber resilience strategies. Only 9% said they have no plans at the moment to use AI.
But is AI a silver bullet for cyber security professionals looking for support with protecting their organizations?
Where AI shines – and where it doesn't
AI should be an essential component of any organization's cyber security strategy. But it’s not an answer to every cyber security challenge – at least not yet. The same efficiency and automation gains that organizations can get from AI are available to threat actors too. AI is a double-edged sword that can aid organizations and the criminals attempting to breach their defenses.
Continue reading: https://www.itweb.co.za/content/xnklOqz1Eb9M4Ymz
