Entrepreneurs often underestimate how much they should invest in securing their business until they suffer a security breach. Sometimes, it may be after significant damage has occurred.
Entrepreneurs should be deeply concerned about the security of their businesses because any security breach may cost them their finances, reputation, future investments, customers, and ultimately the businesses.
Emil Sayegh stated in a Forbes article that “The threats are ever-changing and increasing, and protecting your business means keeping a continual watch on your assets and you must never let your guard down towards the ever-evolving vulnerabilities”
The good news is that Entrepreneurs can fully leverage the advancement in Artificial Intelligence to stay ahead of threat actors.
How Entrepreneurs Can Integrate AI in Cyber Security
Automation of Incident Response
By using AI-powered security tools to set up predetermined security measures and reducing the amount of human intervention needed to respond to an incident, entrepreneurs can boost the security of their assets. This can be achieved by automating Incident Response. Incident Response Automation is a method of using rule-based logic and/or machine learning to shorten the incident response process. AI can propose an effective detection, containment, and mitigation strategy.
Automation of Threat Detection
With the integration of AI into the detection of threats, proactive measures can be used to monitor patterns, behaviors, and trends. Maximizing the powers of the Machine Learning algorithm, abnormal patterns and behaviors can be effectively spotted, and quick actions can be carried out to remediate the threat.
AI in Governance and Compliance
Datarails shared that “Advanced AI systems can be programmed to continuously scan and monitor regulatory databases, financial news outlets, and official announcements for any regulation updates or amendments”.
AI-powered tools let Entrepreneurs quickly make changes that will ensure they are compliant. It will also minimize errors, improve productivity, and give insight into the state of the system
AI in Social Engineering
Entrepreneurs can ensure that security experts make use of AI-powered tools to combat Social Engineering. Employees can be trained on how to detect AI-powered Social Engineering tactics. Countermeasures can be developed by Security experts like a Penetration Tester to combat social engineering.
Security Experts can leverage sophisticated AI-powered tools to develop countermeasures against threat actors.
AI in Physical Security
Setting up tight physical security is another significant measure to prevent cyber attacks. Integrating AI into physical security results in better weapons detection systems improved first response time, and smart security systems to detect abnormal behavior and report in real-time.
AI shouldn’t be seen as just a threat. Entrepreneurs can boost their security using AI. Elizabeth Ekedoro highlighted that “businesses must stay ahead by adopting cutting-edge tools. Artificial intelligence (AI) is emerging as a powerful ally in the fight against cyberattacks”.
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