New research from the Capgemini Research Institute that businesses are increasing the pace of investment in AI systems to defend them against cyberattacks. Two thirds (69%) of organizations acknowledge that they will not be able to respond to critical threats without AI.
The ‘Reinventing Cybersecurity with Artificial Intelligence: the new frontier in digital security’ study found that about 63% Indian executives agreed that they wouldn’t be able to identify critical threats without AI, while a third said that they are unable to successfully investigate all the incidents identified by the security tools. Other key India findings include:
India implements AI highest in Endpoints security is the highest at 71% as compared to the other countries which is only 68%.
The use of AI in Data security is the lowest at only 55% vis-a-vis other countries at 71%. 69% of organizations believe that they will not be able to respond to cybersecurity threats without AI. Two in three organizations plan to deploy Artificial Intelligence to bolster their defense as soon as 2020
The study was conducted across 850 senior IT executives from IT information security, cybersecurity and IT operations across 10 countries. The study also found that AI-enabled cybersecurity is now an imperative with over half the people surveyed saying that they are overwhelmed by the vast array of data points they need to monitor to detect and prevent intrusion. Almost 70% companies believe that they would not be able to respond to cyberattacks without the use of AI. One in five executives experienced a cybersecurity breach in 2018, 20% of which cost their organization over $50m.
Geert van der Linden, Cybersecurity Business Lead at Capgemini Group says “Organizations are facing an unparalleled volume and complexity of cyber threats and have woken up to the importance of AI as the first line of defense.
As cybersecurity analysts are overwhelmed, close to a quarter of them declaring they are not able to successfully investigate all identified incidents, it is critical for organizations to increase investment and focus on the business benefits that AI can bring in terms of bolstering their cybersecurity.”
Investments in AI are also increasing, with almost half saying that budgets for AI in cybersecurity will increase in FY2020 by nearly a third (29%). In terms of deployment, 73% are testing use cases for AI in cybersecurity. Only one in five organizations used AI pre-2019 but adoption is poised to skyrocket: almost two out of three (63%) organizations plan to deploy AI by 2020 to bolster their defenses.
Barriers do remain though, the biggest being a lack of understanding of how to scale use cases from a proof of concept to full-scale deployment with 69% saying they struggled with this.