Cyber threats and cybercrime are on the increase. It’s bad enough from a personal point of view, but from a corporate viewpoint, it can be catastrophic. The hacking of large organisations like banks and NHS systems has resulted in the loss of private information, as well as websites being taken offline and held hostage, suffering unacceptable downtime.
Businesses are having to increase the amount of money they allocate for tasking their IT departments to tackle the problem and keep their information safe and secure. But they don’t always succeed. It’s one of the reasons many more businesses are now going down the route of adopting Software as a Service (SaaS).
Most of us are already using SaaS without knowing
Unless you are IT savvy, you may already be using SaaS without being aware. Software as a service is a cloud-based technology whereby instead of loading software onto a computer’s hard drive, you access it over the internet via your browser through the cloud.
More businesses use SaaS because it gives them access to the latest software programs which would otherwise be expensive to purchase and download initially. Instead, organisations pay a monthly or annual subscription fee, and they can rest assured they are using the latest release of the software they need.
The security advantages of SaaS
But there is another advantage to using SaaS, and this is its security. Cloud-based network security is constantly being updated to combat the ever-present threat of cyber-crime. It means that businesses can use it to monitor threats in real-time, thus protecting their essential and confidential data.
Companies are spending vast amounts of money on their IT departments. It’s something that the larger corporations can cope with, but with which SMEs struggle. But by using SaaS, SMEs can not only meet ever-growing client expectations, and leverage available resources more readily, they can enjoy the benefits of cutting-edge cyber-security technology too.
Keeping one step ahead of the cyber-criminal
Choosing to use SaaS is a mitigation strategy that is becoming increasingly popular. It means that IT people can keep a business’s security strategy current and safe from the continually evolving threat of the cyber-criminal.
2020 is the year AI stops being optional when it comes to security
Artificial intelligence, as a concept, has been around for a long time. For many years, people have pondered the idea of machines being capable of making decisions on their own, and though the concept has been largely fanciful for much of that time, we are now entering the era of AI becoming a genuine reality.
AI cannot be summed up by one single technology or one individual usage; rather, it is a term that is incredibly flexible and can describe a simple piece of software that is able to tell your phone when to download an app update, to an incredibly complex software programme that can alter the position of a satellite thousands of miles away.
However, while companies have previously been able to adopt the use of AI as a nice-to-have, those days are now coming to an end. Without utilising the many benefits associated with AI, companies will struggle to progress and thrive, and could even end up being compromised.
When it comes to protecting computer networks via cybersecurity protocols, making use of AI is absolutely essential. With cybercriminals becoming ever more sophisticated, and given that more and more of our lives take place online, it makes sense to protect computer networks and build defences that are difficult – if not impossible – to compromise.
When you take a look at the potential costs associated with being a victim of cybercrime, that message becomes even clearer. According to research carried out by IBM, the average cost of a single cyber breach now stands at a staggering $3.92 million. What’s more, a study that was conducted by Juniper Research has suggested that, by the year 2024, the cost of breaches around the globe will be somewhere in the region of $5 trillion every year.
Quite clearly, these challenges require an intelligent solution, and AI must be a core part of the answer
Security needs to be complicated if it is to effectively tackle multifaceted and complex threats. AI can establish where there might be security shortfalls, where systems are likely to be most vulnerable, and what must be done to protect a business’ networks for the long term. Humans simply aren’t capable of working quickly enough or effectively enough to keep out the most persistent of cyberthreats.
So, when it comes to protecting computers and keeping data out of the hands of people with malicious intent, the 2020s could be when AI and Saas combine and become compulsory. The alternative could be far too far destructive to envision.