AI Is Evolving Into A Business Necessity

The events of  2020 suggest the next decade decade will be dramatically different than the one before it and it is crucial that  business leaders prepare for the next 10 years unlike any others. In particular, driven by the Coronavirus epidemic Artificial Intelligence (AI) has become an imperative for companies across many industries where it is creating real business value and gaining rapid  adoption. According to  the McKinsey Global Survey “nearly 25 percent year-over-year increase in the use of AI in standard business processes”. 

The transformative power of AI is already affecting a range of functions, including customer service, brand management, operations, people and culture, and more recently, risk management and compliance.

As Business, Education, Healthcare and almost every other aspect of the modern world has embraced the internet, cyber crime has emerged as global marketplace for professional hacking services and governments have turned to advanced cyber attack tools as a means of causing physical damage and disruption to their adversaries’ critical infrastructure. A key milestone came in 2017 when the destructive ransomware WannaCry and NotPetya caught the security world unaware, bypassing traditional tools like firewalls to cripple thousands of organisations across 150 countries, including a number of NHS agencies.

A critical response to the onset of increasingly sophisticated and novel attacks has been AI-powered network defence, a development driven by the philosophy that information about yesterday’s attacks cannot predict tomorrow’s threats. 

Today, thousands of organisations have embraced AI to understand what is ‘normal’ for their digital environment and identify behaviour that is anomalous and potentially threatening. Many have even entrusted machine algorithms to autonomously interrupt fast-moving attacks. This active, defensive use of AI has changed the role of security teams fundamentally, freeing up humans to focus on higher level tasks.

AI Systems Create New Risks 

Early experience shows that AI can create new types of risks for businesses. In hiring and credit, AI may amplify historical bias against female and minority background applicants, while in healthcare it may lead to opaque decisions because of its 'black box' problem. These risks are amplified by the inherent complexity of deep learning models which may contain hundreds of millions of parameters. This encourages companies to procure third-party vendors’ solutions about which they know little of the inner functioning.

Today, offensive AI can used throughout the attack life cycle, from the use natural language processing to understand written language and to create customised  spear-phishing emails at scale or image classification to speed up the exfiltration of sensitive documents. A recent study by Forrester found that 88% of security professionals expect AI-driven attacks will become mainstream in what has already proven to be an era of hyper-change in cyber-attacks, and close to half of them see this happening in the next year, it is only a matter of time. 

There are now offensive AI prototypes available that autonomously determine an organisation’s most high-profile targets based on their social media exposure, all in a matter of seconds. The AI then creates customised phishing emails and selects a plausible fake sender identity to trick victims into clicking on a malicious link or opening an attachment that will grant further access into the target organisation. 

These have been tested against a defensive AI, mimicking what we expect to see happening  in the real world where one AI is combating another in a war of algorithms.

One the leading cyber AI companies, Darktraceclaim that its Cyber AI Analyst product has performed millions of threat investigations, mimicking human thought processes to zoom in on and explore potential threats and then report on the severity of an attack.

Today, thousands of organisations rely on Cyber AI Analyst to run investigations alongside their teams, delivering a 92% time saving.

Mike Beck, Global CISO at Darktrace, commented, “Today it is almost impossible for human security teams to get through the data and intelligence necessary to perform a meaningful investigation in the time available to them. “AI-powered threat investigation has become the de facto way to scale up security operations and prevent more breaches, with Cyber AI Analyst carrying out on average 1.4 million investigations every week.”

WEF:          Forrester:        Darktrace:        Information Age

You Might Also Read:

Artificial Intelligence Is The Future Of Security:

 

« Facebook & Google Will Be Regulated
The Big US Tech Corporations Are A ‘Monopoly of Power’ »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Jooble

Jooble

Jooble is a job search aggregator operating in 71 countries worldwide. We simplify the job search process by displaying active job ads from major job boards and career sites across the internet.

Syxsense

Syxsense

Syxsense brings together endpoint management and security for greater efficiency and collaboration between IT management and security teams.

Resecurity, Inc.

Resecurity, Inc.

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

The PC Support Group

The PC Support Group

A partnership with The PC Support Group delivers improved productivity, reduced costs and protects your business through exceptional IT, telecoms and cybersecurity services.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

Delphix

Delphix

Delphix is the industry leader for DevOps test data management.

Secure-NOK

Secure-NOK

Secure-NOK provides products and solutions that detect and remove security attacks and harmful events in industrial networks and control systems.

Cyber Security Challenge UK

Cyber Security Challenge UK

Cyber Security Challenge UK is a series of national competitions, learning programmes, and networking initiatives designed to identify, inspire and enable more people to become cybersec professionals.

Excelsecu Data Technology

Excelsecu Data Technology

Excelsecu is a global solution provider of online identity authentication, widely applied in banks, government bodies and enterprises.

Axcient

Axcient

Axcient offers MSPs the most secure backup and disaster recovery technology stack with a proven Business Availability suite.

Cyber Threat Defense (CT Defense)

Cyber Threat Defense (CT Defense)

CT Defense specialize in penetration testing and security assessments.

Sharktech

Sharktech

Sharktech designs, develops, and supports advanced DDoS protection and web technologies.

DataExpert Singapore

DataExpert Singapore

DataExpert Singapore provide solutions and services in the areas of Digital Forensics, Data Recovery, Data Duplication, Data Degaussing & Wiping, Data Destruction, and IT Disposal.

Cyber Lockout

Cyber Lockout

Comprehensive ransomware insurance and preventative cybersecurity technology solution, working together to help protect businesses 24/7/365.

Nostra

Nostra

Nostra are a next generation managed services provider with a constant focus on Security and Business Continuity.

SecureData

SecureData

SecureData provide professional data recovery services, digital forensics, data recovery software and FIPS 140-2 Level 3 Validated hardware encrypted drives.

Silicon Labs

Silicon Labs

Silicon Labs are a leader in secure, intelligent wireless technology for a more connected world. We provide award-winning hardware and software security to help safeguard connected devices.

Cybrella

Cybrella

Cybrella offers professional cybersecurity services for small to medium sized businesses and to larger enterprises looking to expand their cybersecurity capabilities.

Securin

Securin

Securin offers a comprehensive portfolio of solutions including Attack Surface Management, Vulnerability Intelligence, Penetration Testing, and Vulnerability Management.

Synagex

Synagex

Synagex Modern IT is a simple IT and cybersecurity solution for businesses.

Cyro Cyber

Cyro Cyber

Cyro Cyber is a collective of some of the UK’s most experienced and savvy cybersecurity, information assurance, data protection, IT governance and compliance experts.