Harnessing the power of GenAI in cybersecurity: Exploring potential and overcoming hurdles
While GenAI is expanding the cyber risk landscape for many organisations, forward-thinking executives are harnessing this very technology to bolster their cyber defences. The primary avenues for leveraging GenAI include modernising security operations centres (SOCs), enhancing threat detection and response, advancing threat intelligence, and refining identity and access management.
Despite these promising opportunities, organisations encounter significant challenges in integrating GenAI into their cybersecurity strategies due to the following factors:
lack of trust in GenAI by internal stakeholders (49%)
inadequate internal controls and risk management (40%)
lack of standardised internal policies governing its use (38%).
Gen AI is at the helm of cyber investment priorities
In response to escalating cyberthreats, a striking 86% of executives have significantly increased their investments in GenAI, with a keen emphasis on governance. This strategic allocation highlights the critical need to balance the powerful capabilities of GenAI with robust risk…
