How has AI and ML Benefited the Cybersecurity Industry

Jul 18 2023

Improved threat detection and response: According to a report by Forbes, AI-powered security solutions have the ability to analyze up to 100 times more data than traditional security systems, which can help organizations to detect and respond to threats more quickly and effectively. https://www.forbes.com/sites/forbestechcouncil/2023/03/15/how-ai-is-disrupting-and-transforming-the-cybersecurity-landscape/ A study by Sailpoint found that organizations that use AI-powered security solutions are 30% less likely to experience a data breach. https://www.sailpoint.com/identity-library/how-ai-and-machine-learning-are-improving-cybersecurity/

Reduced false positives: A study by the Ponemon Institute illustrates how false positives can cost organizations up to $1.3 million per year. https://www.ponemon.org/local/upload/file/Damballa%20Malware%20Containment%20FINAL%203.pdf AI-powered security solutions can learn the patterns of normal behavior and flag only those activities that deviate from the norm, which can help to reduce the number of false positives. https://www.sailpoint.com/identity-library/how-ai-and-machine-learning-are-improving-cybersecurity/

Automated security tasks: According to a report by McKinsey & Company, AI and automation can automate up to 30% of security tasks. This can free up security professionals to focus on more strategic and high-value work, such as threat hunting and incident response. https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/driving-impact-at-scale-from-automation-and-ai

Improved user experience: According to a study by Gartner, 70% of organizations plan to invest in AI-powered security solutions to improve the user experience. AI-powered security solutions can provide personalized security recommendations and simplify the process of reporting security incidents, which can help users to understand and interact with security systems more easily. https://www.gartner.com/en/newsroom/press-releases/2021-05-19-gartner-says-70-percent-of-organizations-will-shift-their-focus-from-big-to-small-and-wide-data-by-2025

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