Check out all the on-demand sessions from the Intelligent Security Summit here. With the constant evolution of new technologies in the cybersecurity landscape, malicious actors and cyber bad guys are exploiting new ways to plot shrewder and more successful attacks. According to a report by IBM, the global average cost of a data breach is $4.35 million, and the United States holds the title for the highest data breach cost at $9.44 million, more than double the global average. In the same study, IBM found that organizations using artificial intelligence (AI) and automation had a 74-day shorter breach life cycle and saved an average of $3 million more than those without. As the global market for AI cybersecurity technologies is predicted to grow at a compound growth rate of 23.6% through 2027, AI in cybersecurity can be considered a welcome ally, aiding data-driven organizations in deciphering the incessant torrent of incoming threats. AI technologies like machine learning (ML) and natural language processing provide rapid real-time insights for analyzing potential cyberthreats.