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State of Security 2024: The Race to Harness AI

Leave a Comment Filed Under: Cybersecurity-Artificial Intelligence

  • Security professionals are optimistic about AI’s role in cybersecurity, but 45% worry that AI might benefit attackers more than defenders.
  • A majority of organizations (93%) report some level of AI adoption, yet 34% still lack comprehensive AI policies.
  • Growing compliance demands, geopolitical tensions, and increasing cyber incidents continue to shape cybersecurity strategies in 2024.

Splunk’s 2024 State of Security report highlights how cybersecurity is adapting to the rapidly advancing capabilities of AI, with security leaders pushing for AI integration despite policy gaps. Generative AI is now a critical element, with 93% of surveyed professionals actively using it to address threats and enhance response times. However, at least one-third of organizations still lack robust AI policies, which raises concerns given the potential for AI misuse. Cyber professionals are also grappling with AI’s double-edged nature; while AI improves threat detection and response, it can also enable sophisticated attacks, such as AI-powered phishing and script refinement, prompting 45% of respondents to worry about AI being exploited more effectively by attackers.

Compliance pressures are also reshaping cybersecurity frameworks. New mandates from the SEC in the U.S. and the E.U.’s NIS2 Directive are introducing stricter incident reporting requirements and expanding CISO accountability. Security teams face a delicate balance between regulatory adherence and cybersecurity best practices, with 86% of surveyed CISOs indicating they may have to shift budgets towards meeting compliance standards. This shift is not without risk, as 76% of respondents agree that the increased personal liability associated with regulatory compliance could make cybersecurity roles less attractive.

Industry-specific insights reveal differing priorities and challenges. The healthcare sector, for instance, shows slower detection and higher ransomware incidence, while manufacturing emphasizes cloud security and struggles with talent shortages. The report underscores a collective commitment to cybersecurity resilience, with 96% of respondents planning increased investments over the next two years, focusing on training, cloud security, and AI implementation. Overall, Splunk’s findings reveal that while cybersecurity is becoming more complex, the industry is leveraging collaboration, AI, and compliance alignment to forge stronger defenses and resilience in a volatile threat landscape.

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Filed Under: Cybersecurity-Artificial Intelligence

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