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The power of AI: Security

Security AI and automation technologies enable organizations to stay ahead of cyber threats through faster incident detection and response.

 

Even as cyber attackers step up the pace and scale of their intrusion attempts, business and government organizations are contending with cyber staff shortages, restricted budgets, and major time constraints. However, advances in security AI and automation technology are leveling the playing field and reinforcing security operations across enterprises and ecosystems.

A growing body of research indicates that organizations deploying security AI and automation capabilities are realizing transformative operational gains. Through these force-multiplying technologies, companies can detect and respond to cyber incidents with greater speed, which can markedly reduce the frequency cost and impact of cyber incidents.

In fact, organizations with fully deployed security AI and automation have experienced an average reduction of $3 million in data breach costs. These capabilities also deliver significant time savings. For example, if an organization takes 230 calendar days to detect, respond to, and recover from cyber incidents, security AI and automation can cut that time by up to 99 days.

Organizations with the most mature security AI and automation capabilities have a 40% higher return on security investment (ROSI).

Security AI and automation capabilities are changing our thinking about security operations. When security capabilities are embedded at the design stage, security controls become automatic—more a source of assurance and less a source of friction. Operating at higher levels of confidence opens the door to new efficiencies and new enterprise and ecosystem-level value propositions.

Now, instead of cyber talent being in short supply, security AI and automation can be combined to augment high-value talent. The secret to raising operational capacity is making more of the cyber expertise and judgement already in-house.

“It’s an AI and automation arms race between cyber defenders and threat actors. We need security AI and automation solutions to help us stay a step ahead.”

Chief Information Security Officer, Consumer Goods Company

It’s also becoming increasingly clear to business leaders that investing in security AI and automation yields has an impact on business performance beyond the security arena. Cybersecurity is regarded by 66% of operations executives as a revenue enabler. In addition, the organizations with the most mature security capabilities have seen 43% higher growth during the past five years when compared with their least mature peers.

Download the data story to see how security AI and automation can make a decisive difference in an organization’s ability to not only improve cyber resilience, but to also increase business revenue and brand value.


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    Originally published 11 July 2023