Page 70 - Cyber Defense eMagazine August 2024

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How AI-Driven Cybersecurity Offers Both Promise and Peril for

Enterprises

By Metin Kortak, Chief Information Security Officer, Rhymetec

Artificial Intelligence (AI) is transforming multiple sectors, driving innovation and enhancing productivity
and cybersecurity. The AI market is projected to rise from an estimated $86.9 billion in revenue in 2022
to $407 billion by 2027. This technology is reshaping industries and is expected to have a significant
economic impact, with a projected 21% net increase in the US GDP by 2030. However, despite its
advantages, AI also creates cybersecurity challenges in the hands of malicious actors. Businesses must
navigate this complex issue to harness the benefits of AI, while safeguarding against its misuse.

Recognizing the Threat of Malicious AI

Malicious AI can cause sizable problems for cybersecurity crews. For example, its increased use in
phishing attempts is a concern, as it mimics human interaction to craft targeted, convincing phishing
emails. Additionally, AI can be used to identify security vulnerabilities that humans may sometimes miss
and allow attackers to exploit these vulnerabilities. Many of these threats are currently still theoretical,
but they are likely advancing faster than we realize.

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