- Cybersecurity issues are widely seen as the greatest risk to company growth in the next three years.
- There is a global shortage of suitably trained and qualified people to work in cybersecurity.
- Artificial Intelligence (AI) could improve cybersecurity by identifying suspicious behaviour, predicting cyberattacks and keeping data secure.
According to the World Economic Forum Global Cybersecurity Outlook 2022 report, 48% of executives believe that artificial intelligence (AI) will influence cyber transformation in the next two years. AI is a powerful tool for both cybercriminals and cybersecurity experts. Hackers are using AI to make their attacks more sophisticated and harder to detect, while cybersecurity specialists are finding ways of integrating AI into corporate cybersecurity systems to minimize financial and reputational losses.
A survey of the CEOs of the world`s 500 most influential companies across 11 industries found that cybersecurity issues will be the greatest risk to company growth in the next three years. This is unsurprising, given the broader threat landscape and the global lack of cybersecurity staff, as well as the increasing frequency and severity of cyber attacks. In the face of such challenges, AI could be a game-changer.