Is AI the Best Defense Against Cybercrime? Latest Updates & Reports

Cybersecurity is evolving rapidly with innovation as artificial intelligence takes over the job of cybersecurity. There are recent developments around the increasing AI in security operations and increasing threats of AI driven cyber attacks.​ The question that arises is Is AI the Best Defense Against Cybercrime? Read further to know Latest Updates & Reports about AI and Cybercrime.

Adoption of Agentic AI in Cybersecurity

Agentic AI systems are emerging as security teams’ go to solution for the growing number of cyber threats and the escalating workload pressures. While the action of traditional chatbots is constrained to responding to prompts, agentic AI has autonomous capabilities to take pre-approved actions due to its analyses. We already see AI incorporated in such companies as Microsoft and CrowdStrike as part of their security platforms, with automated notifications being just one example of their applications. The shift deals with the ongoing shortage of skills in cybersecurity and attempting to cut down burnout in existing people. But nonetheless, some people doubt the reliability of these AI systems. ​

Microsoft's AI-Powered Security Agents

New AI agents security teams announced by Microsoft in the expansion of its AI powered Security Copilot. Set to preview next month, these agents have both been developed internally as well as in partnership with companies like OneTrust and Tanium. This is designed to make phishing alerts triage, make critical issues a priority, and monitor some vulnerabilities, so that both human analyst effort is reduced and the processes are made more efficient.

Emerging AI-Driven Cyber Threats

On the other end of the adversarial front, we know nations like North Korea are setting up units focused on improving their respective cyber warfare capabilities through AI. It is expected that the creation of "Research Center 227" will enable the development of advanced hacking technologies that can attack Western cybersecurity systems and critical infrastructure. This development sheds a light on the dual use nature of AI both for supporting as well as failing cybersecurity measures.

Market Growth and Statistics

The cyber security market is clustering with AI. In 2023, it is valued at $24.3 billion, and will double by 2026 to $134 billion by 2030. This expansion is a result of the growing dependence of these technologies, AI, in the detection of threats, in adaptation to the evolution of the attack methods, and automation in the ability to respond to thwart sensitive data and systems.​

Rising AI-Generated Cyberattacks

Along with that, the rise of AI really does have some concerns too. It is estimated that 45-50% of phishing emails targeting businesses will be AI generated by 2025, increasing the victim response rate to 62-65%. Moreover, 54 percent of organizations will have AI security incidents caused by adversarial AI and machine learning attacks.

Conclusion

With the growth of AI, its role in cybersecurity is getting more difficult. The great thing about it is that it provides them power to defend against cyber threats but at the same time creates new risks and weaknesses. Today, AI is being used by more and more organizations in security solutions, but more and more must be done to mitigate the AI threats that themselves cause.

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