CyberSecurity has emerged as a top priority to all organizations – both in the public and private sector. It is estimated that there are over 200,000 daily cyberattacks, corresponding to a 40% annual increase in the number of detected security incidents. The rapid increase in the number of globally connected devices is not expected to slow down any time soon – creating a continued threat of cybercrime.
Cyberthreats today have become increasingly sophisticated and complex – unfortunately, organizations have been challenged to keep pace – and are increasingly susceptible to a greater array of cyber security threats. Government agencies are no exception – being constantly challenged to protect themselves against malicious hackers and insider threats. In addition to the shortage of qualified CyberSecurity personnel in the market (estimated to be 200,000 today, reaching 1.5 million by 2020), both central and regional governments have constrained budgets which challenge them to compete for these valued resources.
As we have seen, the explosion in the amount of data being produced (+50% YtY) is directly related to the exponential growth in the number connected devices. It is estimated that that in the next 4 years, the number of IoT devices will exceed 25 billion – far outdistancing the number of smartphones, PCs and tablets (just over 7 billion units). However, while 85% of enterprises are deploying (or planning to deploy) IoT devices, only 10% are confident about securing those devices against hackers. It has been estimated that in the next 4 year, more than 25 percent of identified cybersecurity attacks will involve the Internet of Things (IoT).
The shortage of skilled resources, coupled with the growing sophistication of cybercriminals requires new approaches by organizations to stay ahead of threats.
Cognitive technology emerged as this essential capability.
By being able to rapidly ingest enormous quantities of both structured and unstructured data, cognitive systems are able to learn and reason – and uniquely assist security experts with research and analysis like never before … with the promise of significantly improving an organization’s effectiveness to anticipate, identify and protect against ever-changing landscape of cyberthreats. Those leveraging cognitive technologies are sure to outthink cyberthreat advancements and gain the upper hand in securing their information environment.
Learn how you can leverage new business models, innovative capabilities and the wealth of data available to create a robust and efficient public infrastructure, ensure safety and security, support the needs of individuals, facilitate sustainable economic growth, and build stronger communities.
Cognitive Government: Enabling the data-driven economy in the cognitive era
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