Cybersecurity companies look to artificial intelligence as they struggle to find human workers

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Cybersecurity companies are struggling to find qualified workers who can develop products or respond to threats:

If you’re going to the play the “AI” drinking game at RSA Conference 2019, you may not make it out alive.

Cisco found that chief information security officers, also known as CISOs, “are increasingly confident that migrating to the cloud will improve protection efforts, while apparently decreasing reliance on less proven technologies such as artificial intelligence.” Microsoft unveiled Sentinel just two days after Palo Alto Networks discussed its own new offering, the Cortex security product, which Palo Alto Networks touted as “the industry’s only open and integrated, AI-based continuous security platform.” That was announced late Tuesday in conjunction with a huge earnings beat and outlook from Palo Alto Networks.

Consolidation in the industry, or having to use fewer vendors, a much talked-about issue at last year’s RSA, appears to be gaining even more desirability. Cisco’s report noted that 63% of responding CISOs said they had whittled down the number of vendors they deal with to 10 or less, compared with 54% in 2017, according to Cisco.Both Cisco and Palo Alto Networks are helping out that consolidation trend. Last year, Cisco acquired Duo for $2.

In another, Moody’s Investors Service said four sectors with $11.7 trillion in rated debt are at a high risk of getting hacked or harmed by cyberattacks. Sectors named included banks, securities firms, market infrastructure providers and hospitals.

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