The first word in AI may stand for “artificial,” but the belief in its potential for cybersecurity in government and business circles is very real.

In fact, industry sources say efforts to make use of artificial intelligence could drive a more flexible approach to cyber-related regulation, particularly in the finance sector.

Former White House cybersecurity coordinator Rob Joyce, now back at the National Security Agency, called AI a “key element” in cybersecurity strategy in a recent speech.

“The point about AI being a key element of the future, I think there is so much that AI can do to clean out anomalies, to move the speed of cyber, in setting up those defences,” Joyce said.

Promoting the possibility

Makers of financial-technology products are looking into and promoting the possibilities, a topic discussed extensively at the recent Securities Industry and Financial Markets Association “FinTech” conference in New York City.

Rob High, vice president and CTO of IBM Watson, said in an interview on the sidelines of the conference that his firm has a “cybersecurity offering infused with AI” that is “focused on the response side” of cyber challenges.

“Once a threat is identified, we help find the remediation steps in real time,” High said. Typically, he said, computer system administrators “can’t find [the right remediation steps] fast enough” once they’ve discovered a breach and are racing to respond.

Watson already has some brand-name credibility after winning $1 million on “Jeopardy” a few years ago.

AI tools also seem likely to help in the realm of cyber threat information sharing — processing the enormous volume of data that security organisations must wade through — and aid in more mundane chores such as searches of dangerous anomalies on a company’s computer system.

Government leaders said they are taking steps that could encourage the use of AI as a cybersecurity tool.

Source: Washington Examiner