Bad Situation Will Likely Get Worse
The cybersecurity landscape is steadily worsening, with 71% of respondents confirming that cyberattacks are happening more often, and with greater severity (61%). In the words of President and Chief Operating Officer at VikingCloud, Kevin Pierce: “Cyberattacks aren’t just becoming more frequent, but more costly, more advanced, and harder to spot and defend against.”
Added to this, the emergence of AI has opened up new attack vectors and possibilities for cybercriminals, with defenses currently unable to keep pace with illicit activity. Clearly, this is not sustainable. Businesses are under unprecedented pressure to adopt new technology, invest in talent, and upskill their existing employees, in order to turn the tide on cybercriminals.
Without serious collective action, the situation will only continue to deteriorate. But while the emergence of AI poses serious security risk, it also opens the door to new opportunities. Businesses have a responsibility to explore this new technology and the implications that it will have for the future of cybersecurity.
