Skip to main content

How Are Businesses Mitigating Cyberattacks with AI-Enabled Cyber Security Solutions?

AI-based cyber security solutions offered by BAE Systems Plc, Juniper Networks Inc., RSA Security LLC, NVIDIA Corporation, IBM Corporation, Check Point Software Technologies Ltd., Palo Alto Networks Inc., Acalvio Technologies, Fortinet Inc., FireEye Inc., and Cylance Inc. are used by end-users for data, network, identity and access, and cloud security. 

Businesses use such solutions in unified threat management (UTM), identity and access management (IAM), data loss prevention (DLP), intrusion detection/prevention system (IDS/IPS), risk and compliance management, security and vulnerability management, threat intelligence, antivirus/antimalware, and fraud detection/anti-fraud applications. Geographically, North America dominated the AI in cyber security market in the preceding years due to the increasing deployment of cyber security solutions, owing to the rising incidence of cyberattacks in the region. 


The increasing cases of cybercrimes, such as ransomware, is resulting in huge financial losses and interrupting operations. Moreover, the accelerating digitization rate, owing to the presence of a large number of companies offering solutions, and the existence of leading AI solution providers will also encourage the adoption of AI-enabled cyber security solutions in the region.

Whereas, the Asia-Pacific (APAC) region is expected to adopt AI-based cyber security solutions at the highest rate in the forthcoming years, owing to the surging incidence of cybercrimes, such as data breaches, identity thefts, and financial frauds, in the region. To mitigate cyberattack incidents and deal with the grave consequences of such crimes, enterprises across the region are increasing their security expenditure. Additionally, the governments of APAC nations are also investing heavily in cyber security to deal with advanced threats.

Therefore, the increasing proliferation of BYOD policy, rising use of IoT-enabled devices, and soaring number of cyberattack cases are expected to boost the adoption of AI-driven cyber security solutions.

Comments

Post a Comment

Popular posts from this blog

Increasing Internet Penetration Fueling Demand for Product Analytics

With the increasing penetration of the internet in both developing countries such as China and India and developed countries such as Singapore and the U.S., the worldwide demand for product analytics is rising rapidly. For example, according to the Office for National Statistics, in 2018, 90% of all households in Great Britain had access to the internet. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/product-analytics-market/report-sample Additionally, the total percentage of adults who used the internet daily grew from 35% to 86% from 2006 to 2018 in the country. The rapid digital transformation in various countries is pushing up the requirement for product analytics solutions. Moreover, businesses all over the world are increasingly adopting advanced technologies such as product analytics for building a holistic understanding and delivering greater customer engagement. Apart from this, rapid advancements and innovations being made in various cog...
Post a Comment
Read more

Vision Sensor Market to Demonstrate a CAGR of 12.7% during 2020–2030

The vision sensor market generated revenue worth $2.5 billion in 2019 and is expected to reach $9.2 billion by 2030, while displaying a CAGR of 12.7% during the forecast period. The growth will be driven by the surging demand for vision sensors from the automobile industry, advent of Industry 4.0, and increasing adoption of smart vision sensors. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/vision-sensor-market/report-sample With the advent of Industry 4.0, the demand for industrial automation solutions is expected to increase in future. This will eventually propel the vision sensor market growth during the forecast period. The vision sensors play an imperative role in the making of intelligent and automatic products. For example, vision sensors are employed in the inspection of manufactured products in the food & beverage, electronics, and automobile industries.  Therefore, the surging demand for industrial automation will create several...
Post a Comment
Read more

Increasing Adoption of AR/VR Solutions To Drive Extended Reality (XR) Market

Growth factors such as the increasing adoption of augmented reality (AR)/virtual reality (VR) solutions, surging penetration of smartphones and connected devices, and rising number of partnerships and collaborations among players are expected to drive the growth of the extended reality (XR) market at a CAGR of 48.3% during the forecast period (2020–2030). With this growth rate, the market size is projected to reach $1,005.9 billion by 2030 from $18.6 billion in 2019. The increasing penetration of AR/VR solutions among people and industries is a key factor that will improve the extended reality market growth scenario in the coming years. To gain knowledge and for entertainment purposes, people are increasingly adopting head-mounted displays (HMDs), which is why market players are offering these solutions to provide an engaging and interactive customer experience. AR and VR add to or completely replace the visual reality for people, thus transporting them to a completely different world...
Post a Comment
Read more