As AI continues to transform global industries, it is also adopted by cyber criminals to strengthen and scale up cyber-attacks. Nicole Eagan, CEO of Darktrace, a leading AI cyber defence company with over 2,500 customers globally, discussed cybersecurity trends at the Bridge Forum 2019, a unique experience co-created by GIC and the Singapore Economic Development Board to guide businesses through technology disruption. Below is a compilation of the key takeaways from her sharing, including today’s landscape, case studies and best practices on muzzling threats.
Cyberwarfare is becoming a battle of algorithm against algorithm. The majority of cyber-attacks today are still human-generated, but what lies ahead are increasingly deadly assaults by attackers using AI. Cyberwarfare driven by AI will move at machine speed, outstripping the ability of human defenders to respond.
How quickly do these attacks take place?
The time taken to get a cup of coffee, or to chat with your desktop neighbour. That is the amount of time needed for a cyber-attack to take place. As networks compete with each other, they will continue to become smarter, more powerful, and accelerate constantly. Human teams working to protect their organizations and data from cyber-attacks will need the strength and sophistication of AI to stand any chance of gaining the upper hand.
The threat of cyberwarfare
Our most advanced industries are well ahead on the technology curve, and pay close attention to the threat of cyber-attacks. Their boards of directors recognise the danger and the C-suites are engaged. Yet, breaches continue to happen. There are two reasons for this: