91 Percent of Security Leaders Believe AI Set to Outpace Security Teams

Bugcrowd recently released its “Inside the Mind of a CISO” report, which surveyed hundreds of security leaders around the globe to uncover their perception on AI threats, their top priorities and evolving roles, and common myths directed towards the CISO.

Among the findings, 1 in 3 respondents (33%) believed that at least half of companies are willing to sacrifice their customers’ long-term privacy or security to save money. This is explained in part by the fact that 40% believed that less than 1 in 3 companies truly understood their risk of being breached. Speaking of money, nearly 9 in 10 (87%) reported that they were currently hiring security staff and 56% stated that their security team was currently understaffed. And despite some common misconceptions around not needing a college degree, respondents reported that only 6% of cybersecurity leaders don’t have a college degree and over 80% have a degree specifically in cybersecurity.

Despite plans to hire, 70% reported that they planned to reduce the security team headcount within the next 5 years due to the adoption of AI technologies. Over 90% believe that AI already performs better than security professionals, or at least will in the near future. AI isn’t only seen as a benefit however, over half (58%) believe that the risks of AI are worse than its potential benefits.

Due to concerns around the malicious use of AI by attackers, 70% of security leaders turned towards using crowdsourced security for testing their AI defenses. In fact, more than 7 in 10 (73%) of security leaders view ethical hacking in a favorable light and 75% of them actually have experience with it themselves. With modern day threats being more evasive and adaptive than they’ve ever been – 89% believe there are more threats and they are more serious – it’s imperative that crowdsourced security be the center of an organization’s cybersecurity strategy.

“The CISO role is evolving. Given the current risk landscape and the need to prioritize security over resilience, the CISO has more responsibility than ever before,” Nick McKenzie, CISO at Bugcrowd. “Bridging the gap between CISOs and the collective ingenuity of hackers is key to shielding organizations from the increasing onslaught of AI threats and attacks.” As the cybersecurity landscape continues to evolve, professionals and organizations must remain ready to adapt to the latest trends and emerging technologies such as AI and the implementation of crowdsourced cybersecurity. The Bugcrowd Platform connects organizations with trusted hackers to proactively defend their assets against sophisticated threat actors. In this way, CISOs can unleash the collective ingenuity of the hacking community to better uncover and mitigate risks across applications, systems, and infrastructure.

Featured

  • Maximizing Your Security Budget This Year

    The Importance of Proactive Security Measures: 4 Stories of Regret

    We all want to believe that crime won’t happen to us. So, some business owners hope for the best and put proactive security measures on the back burner, because other things like growth, attracting new customers, and meeting deadlines all seem more pressing. Read Now

  • Global IT Outage Cause by Faulty Update from Cybersecurity Provider CrowdStrike

    Systems are starting to come back online after a global IT outage on Friday disrupted everything from airline operations to banks and 911 call centers. Read Now

  • Securing the Flow of Operations

    The transportation industry is a complex and dynamic environment where efficient management of physical keys, vehicles and shared devices is critical to ensuring smooth operations, reducing costs and maintaining security. Every day, more transportation facilities are using modern electronic key and asset management systems to better secure, audit and manage the important assets that keep operations running smoothly. Read Now

  • The Recipe for Stadium Security

    The threat landscape of stadium security is fluid. Today’s venues and stadiums have operational security 24/7, hosting sporting events, community events, concerts, conventions and more – each with a unique visitor base and each with unique security risks. Read Now

Featured Cybersecurity

Webinars

New Products

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area. 3

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening. 3

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities 3