Our world is going increasingly online, and as this happens, there needs to be a way to protect sensitive information. The future of cybersecurity could be artificial intelligence (AI), solving many problems with two birds, one stone type deal.
In this blog, I look at where the cybersecurity market is at, how AI can be the answer, and why you should take note.
AI & Cybersecurity Presently
As our world becomes more online, the risks of cybersecurity breaches will continue to grow. Technavio Research states that from 2021 to 2025, the AI base cybersecurity industry will increase by $19 billion.
Companies become more complex from enterprising networking environments, on-premises infrastructures, and cloud resources accessed remotely. As companies continue to head more toward automation, it's only inevitable that the world of cybersecurity changes too.
AI & Cybersecurity Expert Shortage
The COVID-19 pandemic that sent millions of office workers home to do their jobs remotely gave cybercriminals a perfect chance to strike, causing mayhem and taking advantage of unsecured Wi-Fi networks.
Artificial Intelligence (AI) will become more and more of a critical player in recognizing these threat patterns. From sketchy email activity, algorithms detect patterns of possible attacks and keep on top of vulnerabilities of all networks.
According to current reports, over 3 million cybersecurity experts have a deficit, with 64% of these professionals stating their companies are behind in being updated on new trends. The matter is that it's not feasibly possible for any human to keep up with as many threats that exist. And any cybercriminal worth their salt knows that too.
AI & Access Management Security Measures
There's something called identity and access management (IAM), and recently it's become the backbone of any company's cybersecurity system. The purpose of the IAM is to require every user in its network to be authenticated, authorized, and consistently validated.
AI has become an essential resource for IT management because it can easily monitor and constantly evaluate all user activities. AI has made huge strides in the last few years, to the point it can now identify any user's typing and mouse movements and look for out-of-the-norm behavior.
AI & The Blockchain
Blockchain technology has done nothing short of increasing the amount of wealth globally, with cryptocurrencies slowly becoming more widely adopted. AI comes into play because it can analyze and sort through enormous amounts of data, checking to make sure everything is on the up and up.
The Grandview Research firm has found that the global blockchain tech market is estimated to be worth about $3.67 billion as of 2020. With predictions for growth (82.4% from 2021 to 2028) will skyrocket in the coming years.
AI & Cloud Network Security
With the creation of the cloud, cybersecurity has never been more complicated to manage. The cloud allows access to portions of information from users at multiple locations, and the problem is that cybercriminals could potentially breach the network.
Mistakes can happen for one person or a group to audit and monitor all cloud data. But with AI, everything changes; specifically designed to care for a cloud network, this is a match made in heaven. AI, unlike a person, doesn't need to take breaks and can quickly sift through tons of data and not potentially cause an error.
Hungry for more? Join me each week, where I'll break down complex topics and dissect the latest news within the cybersecurity industry and blockchain ecosystem, simplifying the world of tech.