AI could be the next big defence against cybercrime

The future of corporate cybersecurity seems to lie in artificial intelligence (AI) and machine learning (ML) solutions, a new report from global IT company Wipro suggests. According to Wipro's annual State of Cybersecurity Report (SOCR), almost half (49 percent) of all cybersecurity-related patents filed in the last four years have centered on AI and ML application. Almost half of the 200 organizations that participated in the report also said they are expanding cognitive detection capabilities to tackle unknown attacks in their Security Operations Centers (SOC). From a global perspective, one of the main threats for organizations in the private sector seems to be potential espionage attacks from nation-states. Almost all (86 percent) cyberattacks that came from state-sponsored actors fall under the espionage category and almost half (46 percent) of those attacks targeted the private sector.