The technology of artificial
intelligence can be utilized to fight against the several cyber threats
involving spear phishing, webshell, watering hole attack, DDoS attacks,
ransomware and remote exploitation, by identifying and safeguarding them from
proliferating into the systems. Based on the security systems the artificial
intelligence can analyze even those intimidations which have not transpired in
the past unlike traditional based security systems.
Additionally, with the growing usage
of the refined techniques for the cybercrimes, there is an augmenting
requirement for the artificial intelligence constructed techniques to counter
the pressures from the malicious software bots. Not only has this, with the
effective rise in the associated companies, applications and devices, the
businesses are becoming more susceptible as they are linked to a mass of
independent endpoints.
According to the report analysis, ‘Artificial
Intelligence in Security Market - Global Drivers, Restraints, Opportunities,
Trends, and Forecasts up to 2024’ states that there are several key
players which presently performing in this market more enormously for leading
the highest market growth and registering the foremost value of market share
around the globe more significantly while increasing the applications of the
artificial intelligence and growing usage of the technology across the several
industries includes IBM Corporation, Palo Alto Networks Inc., Amazon, Cylance,
LogRhythm, Sift Science, Darktrace, Securonix, ThreatMetrix and several others.
However, the IBM and MIT are
participating in the MIT-IBM Watson AI Lab which is extremely aiming towards
improving the AI algorithms and fresh applications of AI in numerous fields
such as healthcare and cybersecurity. Presently in 2018, the Palo Alto Networks
proclaimed that it had attained the Israel-based Secdo to add endpoint
recognition and response (EDR) abilities for its unconventional endpoint
fortification and the application framework.
Furthermore, one of the foremost improvements
of utilizing the AI in security is that even the minor deviations can be
apprehended which were not imaginable in traditional signature based
methodologies. The AI and machine learning applications can be effectively
utilized to fight alongside the spear phishing, watering hole, webshell,
ransomware, and inaccessible exploitation by recognizing the known as well as
the unidentified threats and precluding those threats before they can implement
into the systems.
Based on the region, the North America
region had the foremost market share in 2017 and is predicted to register the
AI in security market during the review period. The market will involvement a
steep increase in this economy. The Factors fueling the growth of the market in
North America includes growing government funding in this region, augmenting
the IT security budgets which lead the growth by more than 2% compared to the
previous year, increasing the number of cyber-attacks, such as ransomware which
has risen more than 50% across the world with the US been the most exaggerated
country with ransomwares such as WannaCry and NotPetya, cryptojacking which
bothers the businesses financially and operationally, and increasing existence
of benefactors of AI based security solutions in the region.
Hence, in the coming years, it is
anticipated that the market of artificial intelligence in security will grow
more significantly across the globe over the coming decades.
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Ken Research
Ankur Gupta, Head Marketing &
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