The year 2020 is considered the “worst year” for many reasons. Starting with the spread of the novel coronavirus to the Beirut explosion and West Coast wildfires, it didn’t stop there. It broke all records of data breaches and cyber-attacks on companies, governments, and individuals.
According to a study by Deep Instinct, malware usage increased by 358%, and ransomware usage increased by 435% compared to the previous year. July 2020 alone saw a 653% increase in malicious activity compared to the same month in 2019.
According to The Washington Post, global losses from cybercrime skyrocketed to nearly $1 trillion in 2020.
With such high numbers of cyberattacks, it became necessary to come up with a solution. And this is where artificial intelligence came into play.
Artificial Intelligence and Cybersecurity
If we talk about a mid-sized company, there are over 200,000 cyber event alerts every day. For a team of security experts in such an average company, it is impossible to deal with such a volume of threats. Therefore, these threats naturally go unnoticed and cause severe damage to networks.
Artificial intelligence is the answer to all these problems. It is a modern approach that imitates human behavior, which if harnessed correctly, can generate alerts for threats, identify new types of malware, and protect sensitive data for organizations.
Let’s read about the numerous benefits of integrating artificial intelligence with cybersecurity.
Advantages of AI in Cybersecurity
- AI cybersecurity learns more over time
AI’s continuous learning makes it difficult for hackers to beat their intelligence. It uses machine learning and deep learning to learn a business network’s behavior over time. It recognizes all the patterns on the network and clusters them. Therefore, whenever an unknown activity takes place, AI can detect it and take action. Moving forward, AI records all these unknown activities and blocks the potential threats with similar traits way before they manage to do any damage. - AI can handle a lot of data
Every company, irrespective of its size, possesses a large amount of data. This data needs protection from malicious people and software. Cybersecurity personnel cannot handle all this data and check for possible threats, but AI can. AI is capable of analyzing the large volume of activities that take place across a company’s network. It allows employees to access a massive volume of emails, files, and websites in a small fraction of the time needed by humans. It can also help companies transfer data and detect or identify any threats hidden in the sea of chaotic traffic. - AI helps in vulnerability management
Artificial Intelligence increases problem-solving ability as it helps companies assess their systems quicker than cybersecurity personnel identify weak points in computer systems and business networks that allow businesses to focus on crucial security tasks and secure business systems in time. - AI helps in battling bots
Bots make up a huge chunk of Internet traffic today, and they can be dangerous. From account takeovers with stolen credentials to bogus account creation and data fraud, bots can be a real menace. With the help of AI, companies can analyze a vast amount of data and identify the difference between good bots and bad bots. - AI accelerates detection and response times
Threat detection is the beginning of protecting a company’s network. Detecting things like untrusted data or unfamiliar bots helps save the company’s network from irreversible damage. The best way to detect and respond to threats in time is by integrating AI with cybersecurity. AI scans the entire system of a company and checks for any possible threats. Unlike humans, AI can identify threats extremely early and simplify security tasks.
Conclusion
AI is increasingly being integrated into next-generation cybersecurity solutions as a first line of defense. There are several benefits of using AI for business security and we anticipate that with time and more advancements in technology, artificial intelligence could become an integral part of business cybersecurity.
Are you looking for the best AI services providers?
Jellyfish Technologies is amongst the best Artificial Intelligence service providers across the globe. We build highly intelligent systems using Python along with popular libraries like TensorFlow, Keras, PyTorch, and more.
