Security Experts cite new threats coming from criminals using AI for breaching data and security of enterprises, government departments.
Cybersecurity is a top concern for businesses in the US market, as data breaches can have severe financial, reputational, and legal consequences. In 2020, the average cost of a data breach in the US was $3.86 million, according to a report by IBM. As a result, many US companies are investing heavily in advanced cybersecurity measures to protect their data and systems from cyber-attacks.
One of the biggest trends in cybersecurity in the US market is the use of artificial intelligence and machine learning. These technologies can help companies detect and respond to cyber threats in real-time, by analyzing large volumes of data and identifying patterns and anomalies. Other trends in cybersecurity include the adoption of multi-factor authentication, the use of cloud-based security solutions, and the rise of cybersecurity insurance policies.
As cyber threats continue to evolve, US companies must stay vigilant and adapt their cybersecurity strategies to stay ahead of the curve. This presents a major opportunity for cybersecurity service providers, as more and more companies seek to outsource their cybersecurity needs to experts in the field.
To learn how an American consumer finance company is addressing such cyberthreats by upgrading their security platform, reach out to our technology expert by clicking here.