Artificial intelligence (AI) isn’t new. What is new is the growing ubiquity of AI in large organizations. In fact, by the end of this year, I believe nearly every type of large organization will find AI-based cybersecurity tools indispensable.
Artificial intelligence is many things to many people. One fairly neutral definition is that it’s a branch of computer science that focuses on intelligent behavior, such as learning and problem solving. Now that cybersecurity AI is mainstream, it’s time to stop treating AI like some kind of magic pixie dust that solves every problem and start understanding its everyday necessity in the new cybersecurity landscape. 2020 is the year large organizations will come to rely on AI for security.
AI isn’t magic, but for many specific use cases, the right tool for the job will increasingly involve AI. Here are six reasons why that’s the case.
1. Cybercrime Is Growing More Expensive
The monetary calculation every organization must make is the cost of security tools, programs and resources on one hand versus the cost of failing to secure vital assets on the other. That calculation is becoming easier as the potential cost of data breaches grows. And these costs aren’t stemming from the cleanup operation alone; they may also include damage to the brand, drops in stock prices and loss of productivity.
The average total cost of a data breach is now $3.92 million, according to the 2019 Cost of a Data Breach Report. That’s an increase of nearly 12 percent since 2014. The rising costs are also ..
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