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ANALYSIS
WE DON ’ T NEED AI FOR AI ’ S SAKE :
BEST PRACTICES FOR IMPLEMENTING AI IN CYBERSECURITY
Phil Calvin , Chief Product Officer at Delinea , acknowledges the influential role AI can play in supporting cybersecurity measures but underscores it should be considered only after foundational priorities are firmly in place .
AI continues to dominate headlines but there ’ s growing concern about companies adopting ‘ AI for AI ’ s sake ’ without clear strategic value . This is especially crucial in the cybersecurity sector , where both investors and customers are eager to leverage AI . However , all parties must carefully consider what tools and practices truly enhance their security posture to not fall into the trap of throwing money at a problem that they ’ re not yet sure how to fix .
According to Deloitte , 69 % of enterprises believe AI is necessary for cybersecurity due to an increasing number of threats that cybersecurity analysts are unable to handle .
Essentially , AI is a security enhancer . The integration of AI into security practices is considered a pivotal move , expected to bolster the detection , blocking and remediation of cyberthreats . AI ’ s role is viewed as a force multiplier , potentially tipping the scales in favour of security teams over attackers , for a security advantage . It is not a ‘ cure-all ’ against all cyberthreats . Technology must be used where it makes the most sense for data security not merely for the sake of jumping on the AI bandwagon .
Bigger budgets for better security ?
The global market for AI in cybersecurity is predicted to grow at a CAGR of 19.43 % between 2023 and 2032 to US $ 102.78 billion – a market worth just US $ 17.4 billion in 2022 . Meanwhile , the mean annual increase in IT security budgets is reported to have reached a record high of 5.7 %.
However , as we have witnessed from the increasing instances of ransomware attacks , having more money doesn ’ t mean better security . Security comes down to whether you spend that money wisely on the right cybersecurity strategy . Ransomware prevention in today ’ s cybersecurity landscape goes beyond simply allocating more budget ; it hinges on cultivating a comprehensive and strategic defence approach , and that starts at the top .
Senior IT leaders must prioritise investing in appropriate areas for their particular organisation . Understanding which IT resources are involved in the various critical processes , for example , which have sensitive information and therefore require the most robust protection . Core solutions for cybersecurity are Identity Access Management ( IAM ), endpoint security , data security and network
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