One of the biggest trends in cybersecurity right now is the growing use of Artificial Intelligence (AI) and Machine Learning (ML) to improve security measures and responses, and many Australian companies are using this technology.
AI and ML can be used to analyze massive amounts of data, identify patterns and anomalies, and make predictions about potential threats. This can help security teams to detect and respond to attacks more quickly and accurately than traditional manual methods.
One example of this is in the use of AI and ML to identify and respond to phishing attacks. AI can analyze emails and other communications to detect phishing attempts, and warn users or block the messages entirely. ML algorithms can also learn from previous attacks to improve their ability to detect new threats.
AI and ML can also be used to analyze network traffic and identify potential threats. By monitoring and analyzing network traffic, AI and ML can help to identify unusual patterns of behavior that could indicate an attack. This can help security teams to respond quickly to potential threats and prevent them from spreading throughout the network.
Many companies in Australia are using AI and ML to improve their products and services, increase efficiency, and enhance their cybersecurity measures.
The Commonwealth Bank of Australia
The Commonwealth Bank of Australia is using AI and ML to enhance its customer experience and improve its fraud detection capabilities. The bank uses ML algorithms to analyze customer data and provide personalized recommendations to customers.
Telstra, one of Australia’s largest telecommunications companies is using this technoilogy to enhance its network performance and security. The company uses ML algorithms to analyze network traffic and identify potential threats.
Seek, a job search platform, is using AI and ML to improve its job recommendation engine. The company uses ML algorithms to analyze job seeker data and provide more accurate and relevant job recommendations.
Cochlear is an Australian company that develops hearing implants, and is using AI and ML to improve its products and services. The company uses ML algorithms to analyze patient data and provide personalized treatment recommendations.
CSL Behring is a biotechnology company using AI and ML to enhance its drug discovery process. The company uses ML algorithms to analyze large datasets and identify potential new drug candidates.
These are just a few examples of companies in Australia that are using AI and ML. As the use of these technologies continues to grow, it’s likely that many more companies in Australia and around the world will adopt them to improve their operations and enhance their cybersecurity measures.
However it’s important to note that they are tools that can be used to enhance existing security measures, but they also have limitations and can be vulnerable to attacks themselves. It’s important to use them in conjunction with other security measures and to ensure that they are implemented and configured correctly.
For advice and recommendations about how to enhance your cybersecurity, please contact us.
Author: Lisa Seltzer, Agilient Consultant