Companies want to spend more on AI to defeat hackers, but there's a catch

AI's role in preventing hacks is becoming a bigger part of cybersecurity budgets, especially as more enterprise artificial intelligence activity is launched in a cloud-native environment.

But some experts say that more isn't always better. The latest AI also presents internal risks of costly data misuse related to sensitive information employees may plug into large language models of generative artificial intelligence systems. And there is risk that as AI speeds the development of software, new iterations will roll out so quickly that flaws may be missed.

Casey also recognizes that developers are creating software faster with AI."If we're developing software faster, we're introducing vulnerabilities faster. If we're introducing vulnerabilities faster, you better be able to catch those as they're happening," he said. Budget conversations for 2024 will likely differ in one key way, experts say: less panic, more preparedness. From the CFO's perspective, Casey expects less short-term focus and more concentration on the long term."I think CISOs can leverage the AI buzz to go in and really expedite some projects they've been wanting to do," Scott said.

If cyber leaders can make vendor consolidation happen, Casey says, all the better. He recently spoke with a large commercial bank that had over 500 different security technologies but didn't feel more secure.

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