AI Names 2024’s Biggest Cybersecurity Threats – and AI is One of Them

In 2024, cybercrime is expected to cost the world’s internet users a total of $133.8 billion.

  • Breaches that affected organizations with fully deployed security AI solutions cost them, on average, $1.8 million less than businesses without them.
  • Organizations with AI cybersecurity took 100 days less to identify and contain these data breaches when they occurred, compared to those lacking them (IBM, 2023).
  • 75% of security professionals have seen an increase in cyberattacks in the past year, and 85% blame AI.
  • Almost half (46%) of those same respondents believe generative AI (AI with the ability to create content) will leave organizations more vulnerable to cyber attacks than they were before AI (Deep Instinct, 2023).
  • Businesses are adopting an increasingly proactive, rather than reactive, approach to cybersecurity, with 2023 seeing a 95% increase toward this mentality vis a vis 2022 (Deep Instinct, 2023).
    Among cybersecurity experts’ top concerns around AI implementation were increases in privacy concerns (39%), undetectable phishing attacks (37%), and both the volume and velocity of attacks (33%) (Deep Instinct, 2023).
  • 34% of organizations are already using or implementing AI cybersecurity tools.
  • 69% of enterprises believe AI in cybersecurity is necessary due to the burgeoning number of threats that human analysts are unable to get to.
  • With AI, there will be a 150% increase in predictive analysis for cyber threats by 2025 (Zipdo, 2023).
  • Want more of this kind of data? Head to Techopedia’s roundup of the latest cybersecurity statistics.

    This post was originally published on Techopedia