By John Abel, VP of Cloud and Innovation, Oracle UK and Ireland
The Government’s annual Cyber Security Breaches Survey, released earlier this month, revealed that although the number of companies falling victim to cyber attacks has dropped in the past year, those who are attacked are attacked more often and the financial impact of those attacked has increased.
Couple this with the fact that only a third (33%) of companies have written cyber security policies, just a quarter (27%) have had staff attend cyber security training and only three in ten (31%) have cyber security insurance in place, a pretty scary picture of what the future of cyber security in the UK is painted.
If you also consider that 8 in 10 consumers would not give their personal information to a company that has experienced a data breach, then we can see that the stakes have never been higher.
So what is the biggest risk for firms grappling with their cyber security? Simply put, humans are losing the cyber security war, and it is only going to get worse if we don’t act quickly.
This is because the vast majority of corporate attacks are now conducted by armies of AI robots it isn’t fair to expect humans to be able to counter them without investing in similar firepower. While around half of companies (53%) already use AI for cyber security, the potential for error in those relying on non-AI defences may be leaving them open to a major breach of both their own and their customers’ data. Essentially, we need robots to fight robots on the front line of defence.
But corporate cyber security still requires a workforce to work alongside this new technology however a 2018 report from (ISC)2 - the world’s largest nonprofit association of certified cybersecurity professionals – revealed that there are currently 2.9 million unfulfilled jobs in cyber security globally