When it comes to reducing security breach costs, companies with security artificial intelligence (AI) and automation can save millions, per a new report.
According to the most recent IBM Cost of a Data Breach Report, organizations with fully deployed security AI and automation save $3.05 million per data breach compared to those without. That’s a 65.2% difference in average breach cost.
As cyber threats increase and change, the stakes could not be higher. Eventuality preparedness has become more important than ever. AI and automation are critical components of this new security landscape.
Why Security Automation Matters
Security automation is about using tools that augment or replace human oversight to find and contain incidents and breach attempts. At their core, these tools rely on AI, machine learning, analytics and automated security orchestration.
Cyber gangs are also busy at work creating more refined tactics, often backed by hefty private or state funding. In the near future, AI-powered cyberattacks will only become more common. Meanwhile, security teams are short-staffed. With the increased use of cloud computing and third-party providers, attack surfaces are very hard to define, let alone secure by the usual means.
Due to these pressures, more businesses and agencies are turning to AI and ..
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