Firms turn to AI and machine learning for data security
Security automation through artificial intelligence and machine learning has reached an inflection point, with a majority of organizations having deployed these technologies, according to a new report by Merrill Research sponsored by security products provider Radware.
The survey of 200 executives—100 in the US and 100 in Europe—conduced in April 201 showed that 81 percent reported having already or recently implemented more reliance on automated solutions.
More than half (57 percent) of executives report trusting automated systems as much or more than humans to protect their organizations. More than one third (38 percent) indicated that within two years automated security systems would be the primary resource for managing cyber security.
“Businesses have to fight fire with fire,” said Carl Herberger, vice president of security solutions at Radware. “Today’s threat actors continue to build highly automated and adaptive tools, like the Marai and Hajime botnets. These attacks can wreak catastrophic damage to a network.”
A majority of respondents (85 percent) said security threats are a CEO- or board-level concern in their company. Among all respondents, 94 percent said security is an extremely or very important priority. About three in five (62 percent) rate security “extremely important.”
Nearly half of all executives (47 percent) cited improving information security as a major goal of their digital transformation, and for three quarters of organizations cyber security considerations were critical in shaping decisions to transform aspects of the business to digital.