AI Companies Race To Get Upper Hand In Cybersecurity — Before Hackers Do
Summary
Cybersecurity industry leaders including Palo Alto Networks ( PANW ), Fortinet ( FTNT ) and Cisco Systems ( CSCO ) hope to stay on top even as artificial intelligence opens the door to new competitors.State sponsors of cyberattacks are likely to share their AI toolkit via the "dark web" to disguise their involvement in data breaches, says Parham Eftekhari, executive director of the Institute for Critical Infrastructure Technology.Thomas Michelli, the Pentagons acting deputy chief information officer for cybersecurity, on July 17 said the defense department plans to announce a new artificial intelligence strategy this summer.Surveys show that corporate America doesnt view artificial intelligence as a silver bullet that will prevent hackers from stealing customer data or intellectual property.He notes that Palo Alto founded the Cyber Threat Alliance, along with Intel ( INTC ), Symantec ( SYMC ), Cisco and Check Point Software Technologies ( CHKP ).