According to the research, there are approx. 4,249 breaches every year worldwide, exposing more than 4.2 billion personal records. 95% of breached records came from three industries — Government, Retail, Technology. A computer is hacked every 39 seconds, 56% of data breaches can be linked to phishing, cybercrime is now the 2nd most reported economic crime. Global Artificial Intelligence in Cyber Security Market is expected to reach $18.2 billion by 2023.
It has become clear that organizations can’t just depend on manpower and human interaction to fend off cyber-attacks. Not exclusively is it tedious for employees to spot potential dangers, however it is also challenging to come up with security technologies to anticipate them. In this way, there are fears that organizations will continue to fall victim to hackers. Here, Artificial Intelligence,Machine Learning & Deep Learning comes into play.
This is a game changer for the future of cybersecurity. Modern AI techniques, such as machine learning and deep learning, have an important role to play in the analysis of that data. They are particularly useful for predicting attacks and providing response plans.