AI and Cybersecurity
March, 27, 2020
By Cassandra Balentine
Cybersecurity is a major concern for every business across all verticals. Software vulnerabilities and targeted attacks are two major cybersecurity concerns for today’s modern business. The latest solutions in artificial intelligence (AI) and machine learning (ML) are being implemented to aid in preventing cybersecurity attacks and securing software vulnerabilities.
According to market research by Mordor Intelligence, the global cybersecurity market was valued at USD 161.07 billion in 2019, and is expected to reach USD 363.05 billion by 2025, registering a compound annual growth rate of 14.5 percent during the period of 2020 to 2025. The research company says the popularity of the internet of things, bring your own device, artificial intelligence (AI), and machine learning (ML) in cybersecurity is increasing, leading to more vulnerabilities and an ever-growing need to secure networks and devices.