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AI, a cybersecurity weapon in the IoT era

Businesses are struggling to address increasingly sophisticated cybersecurity attacks.

According to a recent report, the severity is worsened by two reasons, the weakening IT perimeters in this mobile and Internet of Things (IoT) era, and the shortage of skilled security professionals.

To address this issue, IT security teams need a new approach as well as powerful new tools to protect data and other high-value assets.

A new global research study by Ponemon Institute, in partnership with an IT company, showed that artificial intelligence (AI) may be a key weapon to win the battle against stealthy threats inside their IT infrastructures.

4,000 security and IT professionals across Australia, America, Europe and Asia were surveyed in the study called, “Closing the IT Security Gap with Automation & AI in the Era of IoT”, to understand what makes security deficiencies so difficult to fix.

Moreover, it also aimed to understand what types of technologies and processes are needed to stay a step ahead of bad actors within a new threat landscape.

The research revealed that 51% of Australian respondents agree with security systems incorporating machine learning and that other AI-based technologies are essential for detecting and stopping attacks that target users and IoT devices.

The majority of local respondents agree that security products with AI functionality will help to:

  • Increase their team’s effectiveness (58%)
  • Provide greater investigation efficiencies (71%)
  • Advance their ability to quickly discover and respond to stealthy attacks that have evaded perimeter defence systems (56%)

32% percent of local respondents said that they are using some form of machine-learning or other AI-based security solution.

Another 22% stated that they plan on deploying these types of products within the next 12 months.

Despite huge investments in cybersecurity programs, the research found that most APAC businesses are still unable to stop advanced, targeted attacks.

59% believed that they are not realising the full value of their defence arsenal, which ranges from 10 to 75 security solutions.

It has become very challenging to protect complex and dynamically changing attack surfaces, particularly with the lack of security staff having the necessary skills and expertise to battle persistent, sophisticated, highly trained, and well-financed attackers.

AI-based security tools, which can automate tasks and free up IT personnel to manage other aspects of a security program, were viewed as critical for helping businesses keep up with increasing threat levels.

According to the research, majority of APAC IT security teams believe that a key gap in the overall security strategy of their company is their inability to identify attacks that use IoT devices as the point of entry.

The most effective approaches to better protect their environments were continuous monitoring of network traffic, compliance monitoring tools, and detecting behavioural anomalies among peer groups of IoT devices.

56% of APAC respondents stated that network access control (NAC) is an important element of their company’s overall security strategy and critical for reducing the reach of inside exploits.

Even though 72% of APAC respondents say that their organisations deploy NAC, it is alarming to find out that only 14% of them are confident that they know all the users and devices connected to their network all the time.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.