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AI Increasingly Leveraged in Cybersecurity as Threats Evolve
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - September 19, 2022) - Inves...
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[{"type":"text","content":"AI Increasingly Leveraged in Cybersecurity as Threats EvolveVancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - September 19, 2022) - Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) stocks releases a sector snapshot looking at the growing AI tech implementation in security and cybersecurity, featuring AI innovator, GBT Technologies Inc. (OTC Pink: GTCH).Read the full article on Investorideas.comhttps://www.investorideas.com/News/2022/technology/09190Cybersecurity.aspAs the trend toward the online digitization of data ramps up, so too does the frequency and variety of threats in cyberspace. Consequently, firms are increasingly tasked with innovating cybersecurity solutions, and more and more are leveraging artificial intelligence (AI) technologies to do so.In fact, research published by ReportLinker finds that the global AI in Cybersecurity market is projected to grow from $5.03 billion USD in 2018 to over $28.09 billion by 2030, registering a compound annual growth rate (CAGR) of 23.5 percent in the forecast period. The following excerpt from the report's summary outlines some of the main influences on the market's growth:Some of the key factors driving the growth of artificial intelligence in the cybersecurity market are growing demand for innovative cybersecurity solutions & privacy, increasing the frequency & sophistication of cyber-attacks, the advent of disruptive emerging technology across the industry verticals, and continuous technological developments in security solutions. In addition, growing government spending in the security sector, the growing need for small and medium-sized businesses for cloud-based security solutions, and the increasing adoption of 5G technology are also leading to the growth of artificial intelligence in the cybersecurity market.One firm exemplifying this trend is GBT Technologies Inc. (OTC Pink: GTCH), a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms. A recent press release from the firm announced its plans for \"expanding its cybersecurity research and development efforts with the goal of developing threat intelligence technology.\" This will involve the development of advanced security algorithms an...