This is a guest post article by Sean Williamson. As the world is going digital at an extraordinarily fast pace, the cyber-attacks are also growing in number and complexity. There are different kinds of problems within the field of cybersecurity. This is the reason why cybersecurity is the primary concern of businesses and companies depending on technology. The latest technologies like artificial intelligence (AI) are playing a significant role in safeguarding their systems and protecting them against online threats and cyberattacks.

From email correspondence and financial transactions to professional networking, technology plays a critical role in business operations. Unfortunately, our adoption of technology is subject to overcoming security challenges. An increasing number of cyber-attacks indicate that several businesses lack adequate protection against online threats. According to IBM, the average cost of a cybersecurity breach has been increasing and is now at $3,860,000. The company also estimates that the cost of each stolen record that has sensitive information in 2018 was $148.

Several high profile cyber attacks over recent years have exposed the vulnerability of popular software and technology platforms. It highlights the need for stringent cybersecurity laws. Leading global organizations have strengthened the security of their systems to minimize attacks. AI mechanisms are emerging as the means to strengthen cybersecurity and thwart attacks. Apart from monetary losses, cyber attacks damage a company's reputation too.