Artificial Intelligence (AI) and blockchain both are rightly considered as the future of cybersecurity. Companies can apply the notion of AI that helps them produce a learning security behavior. As a result, they can identify and resolve possible cyber threats proactively.
As far as the concept of blockchain is concerned, this principle provides the highest level of trust and confidentiality, data security, and accessibility to its users including medium-sized corporations or organizations without any difficulty.
Read this post in detail to discover how AI and Blockchain will be perceived as the future of cybersecurity.
How AI and Blockchain will be the future of cybersecurity?
Artificial Intelligence (AI) will replace human beings in cybersecurity by the end of 2030, as revealed in the survey conducted by Trend Micro. However, the story does not end here since cyber terrorists will start targeting personal devices of remote workers to jeopardize the security of corporate IT networks.
That said, Artificial Intelligence will keep playing its crucial role in improving cybersecurity of different companies or businesses worldwide. This is because 61% of organizations cannot detect possible cyber risks without using the concepts of artificial intelligence (AI).
Considering the importance of artificial intelligence in the corporate world, different organizations have already started increasing their annual budgets for AI to combat several cybersecurity challenges accordingly.
Apart from this, 80% of telecom companies are relying on AI technologies to proactively recognize and overcome potential cyber risks. Moreover, 73% of companies are benefiting from the use cases of AI to counterattack possible cyber threats and improve their cybersecurity. According to 64% of organizations, AI allows them to reduce cost and time in terms of threats and breaches detection up to 12%.
Taking all the above statistics into account, the future of cybersecurity is in safe hands of artificial intelligence (AI). Similarly, the role of blockchain is also crucial when it comes to improving cybersecurity of organizations or companies worldwide.
As already discussed, blockchain does offer numerous advantages to its users such as official data protection, accessibility, confidentiality, integrity, flexibility, secure network access, etc.
Therefore, companies can avail all these above-mentioned benefits provided they can implement blockchain principles in the right manner as and when needed.
By doing so, they can comprehensively transform the performance and impacts of cybersecurity using the principles of AI and blockchain both in the future.
How is Blockchain revolutionizing cybersecurity in 2021?
Blockchain technologies are revolutionizing cybersecurity in many ways. When businesses and companies effectively use the concept of blockchain, they can easily get rid of insecure passwords that can hamper their digital anonymity to a certain degree.
For instance, they can follow the example of REMME, an ecosystem of identity and access management products. This ecosystem develops SSL certificates for devices managed by individual employees and inserts these certificates into the blockchain.
Consequently, it helps businesses or companies to remove the need for passwords within their networks.
Can AI and Blockchain be misused?
Unfortunately, notorious elements like hackers and cyber goons can misuse both AI and blockchain to accomplish their illicit objectives. If we talk about AI models, cybercriminals can misuse them to bypass existing security measures and disturb the overall security mechanism of corporate IT networks.
Consequently, they can cause damage to official data and other resources including official devices and communications. Likewise, hackers can also access blockchain as blockchain hacking is increasing globally.
In these situations, companies or other medium-sized corporations should benefit from different cybersecurity tools like antivirus software, encryption software, Firewalls, PKI Services, VPNs, etc.
That said, there is no harm in relying on a reliable VPN service when companies want to completely safeguard their sensitive customer or employee data from the prying eyes of hackers, scammers, identity thieves, and other cyber terrorists over the web.
It means companies or other stakeholders must incorporate the use of effective VPN services alongside AI and blockchain in their existing cybersecurity practices to protect their online presence against various cyber threats in 2021 and beyond.
Wrapping Things Up
Artificial Intelligence (AI) and Blockchain both can reshape the future of cybersecurity a great deal. However, companies or medium-sized corporations have to use both these concepts diligently if they want to overcome various cyber threats such as hacking, ransomware, data theft, etc., appropriately.
However, companies should not undermine the importance of cyber hygiene practices at any cost. These cyber hygiene practices include personal data protection, use of password manager, antivirus installation on official devices, and others.
When organizations follow such practices while applying Blockchain and AI concepts within their workplaces, they can protect their crucial digital assets and other resources from numerous cyber terrorists accordingly.