Intelligent CISO Issue 06 | Page 27

IS ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING HYPE PUTTING BUSINESSES AT GREATER RISK? N ew research from global cybersecurity firm ESET reveals that the recent hype surrounding Artificial Intelligence (AI) and Machine Learning (ML) is deceiving three in four IT decision makers (75%) into believing the technologies are the silver bullet to solving their cybersecurity challenges. The hype, ESET says, is causing confusion among IT teams and could be putting organisations at greater risk of falling victim to cybercrime. In the past year, the amount of content published in marketing materials, media and social media on the role of AI in cybersecurity has grown enormously. ESET surveyed 900 IT decision makers across the US, UK and Germany on their opinions and attitudes to AI and www.intelligentciso.com | Issue 06 causing so many IT decision makers – particularly in the US – to regard the technologies as ‘the silver bullet’ to cybersecurity challenges. ML in response to this growing hype. The findings showed that US IT decision makers are most likely to consider the technologies as a panacea to solve their cybersecurity challenges, compared to their European counterparts – 82% compared to 67% in the UK and 66% in Germany. The majority of respondents said that AI and ML would help their organisation detect and respond to threats faster (79%) and help solve a skills shortage (77%). Juraj Malcho, Chief Technology Officer at ESET, said: “It is worrying to see that the hype around AI and ML is “If the past decade has taught us anything, it’s that some things do not have an easy solution – especially in cyberspace where the playing field can shift in a matter of minutes. In today’s business environment, it would be unwise to rely solely on one technology to build a robust cyberdefence. “However, it is also interesting to see such a gap between the US and European respondents. The concern is that overhyping this technology may be causing technology leaders in the UK and Germany to tune out. It’s crucial that IT decision makers recognise that, while ML is without a doubt an important tool in the fight against cybercrime, it must be just one part of an organisation’s overall cybersecurity strategy.” 27