Cyber leaders concerned that AI will outpace cyber defences

Share
Cyber leaders view AI as their biggest security risk
Cyber leaders have reported an increase in cyberattack complexity due to AI, suggesting that organisations must refresh their strategies

The majority (85%) of cyber leaders believe that AI will outpace cyber defences, according to new research from leading cybersecurity professional services provider RiverSafe.

The findings were revealed in RiverSafe’s AI Unleashed: Navigating Cyber Risks Report, a survey of 250 cybersecurity leaders conducted by independent polling agency Censuswide, which detailed the rising threat of AI in cybersecurity. The research uncovered their thoughts on the threat of AI and their plans to improve cyber posture to cope against AI-powered threats. 

Nearly two thirds (61%) have seen an increase in cyberattack complexity due to AI, which suggests that the landscape is changing and organisations must refresh their strategies and incorporate new, more resilient defences to effectively protect themselves.

“Cyber leaders view AI as their biggest security risk and, given its rapid development, it’s vital that defence strategies and security postures are re-evaluated and updated to best protect against this emerging threat,” Suid Adeyanju, CEO at RiverSafe, said.

“AI can bring cybersecurity benefits to businesses through means such as pattern detection, but organisations must be aware of the associated risks, which can be hugely disruptive to business operations. Implementing defence technologies that provide greater visibility over networks and providing staff with training on detecting and responding to threats, is important for businesses to create a robust cybersecurity strategy. A revised and up-to-date cyber strategy should no longer be a second thought, but instead a priority for all organisations to mitigate the risks, especially when considering the new wave of AI-enabled threats.” 

Cyber leaders invest in cyberprotection to improve detection and response

To combat AI-powered threats, it was found that 69% of cyber leaders are investing more in cyber protections to improve their detection and response protocols, however, the 31% who are not investing will be faced with detrimental risk. 

Over a fifth of those surveyed admitted that their cyber strategy is outdated and urgently needs to be refreshed to respond to new threats such as AI.

Furthermore, only 39% have a formal incident response for dealing with ransomware attacks, while 16% feel their existing risk controls aren’t sufficient.

“AI has captivated businesses with excitement, but organisations should be wary about jumping in feet first without the necessary security measures,” commented Oseloka Obiora, CTO at RiverSafe. Businesses need to find the balance between gaining a competitive edge in the marketplace with robust cybersecurity measures to avoid leaving themselves vulnerable, as the cost of a successful attack on customer and employee data, can be devastating.”

******

For more insights into the world of Cyber - check out the latest edition of Cyber Magazine and be sure to follow us on LinkedIn & Twitter.

Other magazines that may be of interest - Technology Magazine | AI Magazine.

Please also check out our upcoming event - Cloud and 5G LIVE on October 11 and 12 2023.

******

BizClik is a global provider of B2B digital media platforms that cover Executive Communities for CEOs, CFOs, CMOs, Sustainability leaders, Procurement & Supply Chain leaders, Technology & AI leaders, Cyber leaders, FinTech & InsurTech leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare and Food.

BizClik – based in London, Dubai, and New York – offers services such as content creation, advertising & sponsorship solutions, webinars & events.

Share

Featured Articles

Cloudflare and the Push for E2E Encryption of Messaging Apps

Cloudflare has partnered with Whatsapp to deliver E2EE and Key Transparency for millions of users

Why Biden Was Proved Right on Push to Secure Water Utilities

The outgoing President has seen the threats posed by cyber attacks on specific utilise like water and has thus been pushing for tighter regulations

AI-Native Edge: Juniper Networks Vision of Networking

Juniper Network is aiming to offer visibility across network and security operations with its new Secure AI-Native Edge solution

DNV & CyberOwl Join to Give Shipping Huge Cyber Offering

Operational Security

Why is Active Directory a Concern for CISOs?

Cyber Security

Palo Alto Networks, Deloitte and The Push to Platformization

Cyber Security