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CISCO SYSTEMS, INC.
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CSCO:NMS as of 1:50 PM EDT 5/03/2024 52-Wk Range:    $45.56 $58.19

Cisco Study Reveals 91% Of UAE Companies Use AI Technologies In Their Cybersecurity Strategies To Address Today's Rapidly Evolving Threat Landscape

Comtex 4/24/2024, 5:12 AM EDT

GISEC 2024 - Dubai - United Arab Emirates- The recent study conducted by Cisco (NASDAQ: CSCO) highlights a significant surge in the use of AI technologies in cybersecurity strategies among UAE organizations. The study indicates that 91% of companies surveyed are integrating AI in their security defenses, mainly in threat detection, response, and recovery.

The 2024 Cisco Cybersecurity Readiness Index was developed in an era defined by hyperconnectivity and a rapidly evolving threat landscape. Despite continuing to be targeted with a variety of techniques that range from phishing and ransomware to supply chain and social engineering attacks, companies today are actively attempting to fortify their defense. And while they are building defenses against these attacks, the complexity of their security postures, dominated by multiple point solutions, presents a challenge in effectively thwarting these threats.

These challenges are compounded in today's distributed working environments where data can be spread across limitless services, devices, applications, and users. However, 87% of companies still feel moderately to very confident in their ability to defend against a cyberattack with their current infrastructure - this optimism underscores a proactive stance in navigating the evolving threat and confronting emerging challenges head-on.

2024 Cisco Cybersecurity Readiness Index: Building Resilience in Response to an Evolving Threat Landscape:

The Index assesses the readiness of companies on five key pillars: Identity Intelligence, Network Resilience, Machine Trustworthiness, Cloud Reinforcement, and AI Fortification, which are comprised of 31 corresponding solutions and capabilities. It is based on a double-blind survey of more than 8,000 private sector security and business leaders across 30 global markets conducted by an independent third party. The respondents were asked to indicate which of these solutions and capabilities they had deployed and the stage of deployment.

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COMTEX_451328294/2604/2024-04-24T05:12:14