Published 31 Jul 2024 5 minutes read
Last Updated 09 Dec 2024

The Impact of AI on Cybersecurity in Modern Business

Artificial Intelligence (AI) is revolutionizing cybersecurity, offering advanced tools to detect, prevent, and mitigate modern threats.

General

Artificial Intelligence (AI) is transforming industries all over the world, creating efficiency, productivity, and improved decision-making. However, with increasing applications, risks also accompany misuse. The article will go through the dynamic interplay between AI and cybersecurity, focusing on the challenges, emerging risks, opportunities, and the impact of AI on cybersecurity in securing modern businesses.

Impact of AI on Cybersecurity
Impact of AI on Cybersecurity

New AI Risks in Cybersecurity

As AI technology rapidly evolves, businesses are facing a fever pitch of cybersecurity concerns. The global AI industry is expected to grow from $88 billion in 2022 to $411 billion by 2027. Consequently, the threat landscape changes dynamically. Companies Face New AI Risks, Cybersecurity Issues states that AI technology empowers cybercriminals with malicious social engineering tactics, such as malware, ransomware, or phishing. These tactics are designed to lure targets into handing over sensitive information.

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