Insights

The use of artificial intelligence continues to spread at a staggering speed. Companies worldwide have adopted and implemented AI, in solutions that are reshaping industries through improved efficiency, productivity and decision-making. However, many organisations have integrated AI into their business processes more quickly than they have updated security strategies and protocols. Your risk, technology and cybersecurity leaders must find, understand and mitigate these exposures.

Companies worldwide are adopting and implementing AI in solutions that are reshaping industries through improved efficiency, productivity and decision-making. However, the meteoric rise of AI can overshadow some valid concerns around security and privacy.

Artificial Intelligence (AI) needs no introduction, having managed to rapidly creep into all aspects of life. While in business, AI is creating a plethora of new potential opportunities and efficiencies, it is also presenting new challenges, including in the area of cybersecurity. So how exactly has AI impacted cybersecurity and what are the key risks that can be identified in its present form?

Cybersecurity attacks on the supply chain have increased dramatically particularly during the COVID-19 pandemic period. The European Union Agency for Cybersecurity (ENISA)’s annual Threat Landscape report showed a significantly growing threat targeting suppliers of critical services which accounts for more than 16% increase in attacks between 2020 and 2021 and continues to increase up to this day. Clearly, cybersecurity best practices must be applied right at the earliest time possible when acquiring technology and related services.

As part of the National Cyber Security Strategy 2019-2024, the National Cyber Security Centre (NCSC), in conjunction with the Office of the Government Chief Information Officer (OGCIO), have developed the Standards which are intended to create an acceptable level of security and form a broad framework for a set of measures which can be revised over time.