A report by the Capgemini Research Institute titled Reinventing Cybersecurity with Artificial Intelligence: the new frontier in digital security, has found that 63% of organisations plan to deploy artificial intelligence (AI) technology by 2020 to bolster their cybersecurity defences.
Over half (56%) of the participating organisations reported that their analysts are overwhelmed by the amount of data they must monitor. The majority (69%) believe they will not be able to respond to the threat of cyberattacks without AI.
“AI offers huge opportunities for cybersecurity,” said Oliver Scherer, chief information security officer of consumer electronics retailer, MediaMarktSaturn Retail Group. “This is because you move from detection, manual reaction and remediation towards an automated remediation, which organisations would like to achieve in the next three or five years.”
The study found that 65% of the respondents believe that AI will lower the cost of detecting breaches and responding to them; 74% said it will speed up the response time and 69% said it will improve the accuracy of detecting breaches. In addition, 60% also believe it will improve how their analysts work and reduce time spent on pursuing incorrect leads.
As such, executives are accelerating their AI investment in cybersecurity. Almost half (48%) reported that their budgets for it will increase by 29% in 2020.
The report also found that there are barriers stopping organisations implementing AI at scale. Over two thirds (69%) of participants said they struggled with a lack of understanding of how to scale use cases from proof of concept to full-scale deployment.
“Organisations must first look to address the underlying implementation challenges that are preventing AI from reaching its full potential for cybersecurity,” said Anne-Laure Thieullent, leader of AI and Analytics at Capgemini. “This means creating a roadmap to address key barriers and focusing on use cases that can be scaled most easily and deliver the best return. Only by taking these steps can organisations equip themselves for the rapidly evolving threat of cyberattacks. By doing so, they will save themselves money, and reduce the likelihood of a devastating data breach.”
Read the full report.
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