Technology & Innovation

Artificial Intelligence & Cybersecurity: Balancing Innovation, Execution and Risk

September 09, 2021

Global

Artificial Intelligence & Cybersecurity: Balancing Innovation, Execution and Risk

September 09, 2021

Global
Michael Paterra
Editor, The Economist Intelligence Unit

Michael is a manager on the Policy & Insights team. He co-leads the research for the Global Health Security Index. Michael works with clients to collaboratively design research projects that drive real impact, including policy analysis, index building, quantifying qualitative variables, and developing strategies for growth. His current areas of focus include inclusive growth, health security and sustainability. Michael previously spent time specializing in global labor market research and international labor statistics. Michael holds a Master's degree in International Political Economy and Development from Fordham University where he specialized in international economics and economic development.

The COVID-19 pandemic has accelerated digital transformation across industries, creating newfound benefits to efficiency but also exposing new risks to organizational networks as technology adoption rises and employees increasingly work remotely. As a result, there has been a rapid uptick in the number of cyberattacks, ranging from mundane efforts to gather important business and personal information to highly sophisticated attacks on critical infrastructure. At the same time, the rise of artificial intelligence (AI) across industries provides both an opportunity and a challenge to organizations as they look to leverage technologies to improve their cyber defenses. If adopted and monitored properly, AI can serve as a key competitive differentiator in the success of cybersecurity programs.
 
With the adoption of AI in cybersecurity likely to continue to grow over the next 5 years, companies should: 
  • Realize the opportunities
  • Recognize the limits
  • Identify organizational challenges
  • Support a changing landscape

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