Nearly as many cyber security professionals are concerned about the security risks of artificial intelligence (AI) as are convinced that the technology will bolster their cyber defences.

That’s one of the findings of a new report from real-time information specialist, Neustar. The International Cyber Benchmarks Index is published by the Neustar International Security Council (NISC), a group of cyber security leaders across industries in the US and EMEA.

According to NISC’s research, 87% of security professionals recognise AI’s potential to enhance cyber security and bolster their organisation’s defences.

Attackers using AI against businesses

However, 82% of respondents said they are concerned about the possibility of attackers using the technology against them, with stolen data (50%), loss of customer trust (19%), unstable business performance (16%), and cost implications being the most feared outcomes.

As a result, nearly 60% of security leaders are apprehensive about adopting AI within their organisations.

The findings echo recent research from a better-known organisation, professional services giant Deloitte, which found that security professionals are right to be concerned.

AI related data breaches

In Deloitte’s survey of 1,100 business leaders with early-stage AI projects, nearly one-third (32%) said they have experienced an AI-related data breach in the last two years. As many as 20% of respondents said that they had shelved their AI plans as a result, while twice as many expressed concerns about the legal and regulatory risks of the technology.

“Artificial intelligence has been a major topic of discussion in recent times – with good reason,” said Rodney Joffe, head of NISC and a Neustar senior VP and fellow.

“There is immense opportunity available, but as we’ve seen today with this data, we’re at a crossroads. Organisations know the benefits, but they are also aware that today’s attackers have unique capabilities to cause destruction with that same technology. As a result, they’ve come to a point where they’re unsure if AI is a friend or foe.”

Source: Internet of Business