With technological advancements driving businesses and customers online, AI and cybersecurity seem to have become a necessity. Additionally, the remote working trend due to the COVID-19 pandemic has boosted demand for cybersecurity.
AI in particular promises to change cybersecurity in the coming years by possibly enhancing both cyber defense and crime.
Is AI Influencing Cybersecurity?
In todays time, almost everything is just a click away, be it clothes, groceries, investment in stocks, or just catching up with friends. However, as easy as it sounds, it has its own share of security threat. This has driven businesses to deploy cyber AI to not only protect themselves but also their customers.
In fact, cybersecurity has been a concern since the birth of Internet. And as technological evolution continues, the risks keep rising. In 2014, Yahoo! encountered a cyberattack affecting 500 million user accounts and 200 million usernames sold. This holds the record of being the largest cyberattack on a single company to date.
Now, what role does AI play in cybersecurity? AI can identify and prevent cyberattacks.In fact, AI ensures minimum human involvement in cybersecurity affairs, reducing the scope for errors. AI-based websites can detect any sort of unauthorized entry, making it difficult for hackers to get access.
However, just identifying the threat cannot save a website from cyber attackers. AI can now help prevent a cyberattack by thinking the way a hacker does to break a security code and gain entry to the target website. Hence, before the hacker identifies a weaker point of attack, AI can assess the situation and make the necessary changes.
Additionally, AI doesnt require any break because it is programmed to deal with high-risk tasks without any concern. Furthermore, AI has undergoing rapid change and progress in recent years. It can now not only offer mere technical assistance to cybersecurity experts but also track down cyber security breach and inform appointed personals to take apt measures to rectify the same in no time.
The growth of AI in cybersecurity has been commendable in recent years with massive digitalization across the globe.Further, the coronavirus pandemic has forced employers to initiate work-from-home practices, driving adoption of IoT and the number of connected devices.
Hence, rising instances of cyberattacks, growing concerns of data transfer and vulnerability of wireless networks to attacks on data integrity have expanded the scope of AI in cybersecurity. Annual spending on vulnerability management activities increased to $1.4 million in 2019, highlighting an increase of an average of $282,750 from 2018.
5 Stocks to Watch Out For
Per a Capgemini Research Institute study, one in five cybersecurity firms were employing AI before 2019 but the adoption is likely to skyrocket by the end of 2020. In fact, 63% of the firms are planning to deploy AI in their solutions.
Per MarketsAndMarkets research, the global AI in cybersecurity market is projected to reach $38.2 billion by 2026 from $8.8 billion in 2019, at the highest CAGR of 23.3%. In fact, research suggests that the market is estimated to be valued at $12 billion by the end of 2020.
Given the immense scope, it is prudent to invest in AI-drivencybersecurity stocks. We have,thus, shortlisted four such stocks that are poised to grow.
CrowdStrike Holdings, Inc. CRWD provides cloud-native endpoint protection software. The Falcon platform automatically investigates threats and takes the guesswork out of threat analysis. The company has an expected earnings growth rate of 94.4% for the current quarter against the ZacksInternet - Softwareindustrys projected decline of more than 100%.
The Zacks Consensus Estimate for its current-year earnings has climbed 50% over the past 60 days. CrowdStrike holds a Zacks Rank #2(Buy).You can seethe complete list of todays Zacks #1 (Strong Buy) Rank stocks here.
Fortinet, Inc. FTNT provides security solutions to all parts of IT infrastructure. The companys AI-based product, FortiWeb, is a web application firewall that uses machine learning and two layers of statistical probabilities to accurately detect threats.
The company has an expected earnings growth rate of 12.6% for the current year against the ZacksSecurityindustrys estimated decline of 15.3%. The Zacks Consensus Estimate for its current-year earnings has moved 6.1% up over the past 60 days. Fortinet holds a Zacks Rank #2.
Story continues
Palo Alto Networks, Inc. PANW offers firewalls and cloud security for threat detection and endpoint protection. The company that belongs to the ZacksSecurityindustry has an expected earnings growth rate of 15.2% for the next quarter. The Zacks Consensus Estimate for its current-year earnings has moved 6.5% up over the past 60 days. Palo Alto Networks carries a Zacks Rank #3 (Hold).
Check Point Software Technologies Ltd. CHKP provides computer and network security solutions to governments and enterprises. Its IntelliStore provides customizable threat intelligence, letting companies and organizations choose real-time threat intelligence sources that fit their needs.
The company has an expected earnings growth rate of 3.4% for the current year against the ZacksSecurityindustrys estimated decline of 15.3%. The Zacks Consensus Estimate for its next-year earnings has moved 0.2% up over the past 60 days. Check Point Software holds a Zacks Rank #3.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. Theyre also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportCheck Point Software Technologies Ltd. (CHKP) : Free Stock Analysis ReportFortinet, Inc. (FTNT) : Free Stock Analysis ReportPalo Alto Networks, Inc. (PANW) : Free Stock Analysis ReportCrowdStrike Holdings Inc. (CRWD) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
Here is the original post:
4 AI & Cybersecurity Stocks to Gain From the New Normal - Yahoo Finance
- Classic reasoning systems like Loom and PowerLoom vs. more modern systems based on probalistic networks - November 8th, 2009 [November 8th, 2009]
- Using Amazon's cloud service for computationally expensive calculations - November 8th, 2009 [November 8th, 2009]
- Software environments for working on AI projects - November 8th, 2009 [November 8th, 2009]
- New version of my NLP toolkit - November 8th, 2009 [November 8th, 2009]
- Semantic Web: through the back door with HTML and CSS - November 8th, 2009 [November 8th, 2009]
- Java FastTag part of speech tagger is now released under the LGPL - November 8th, 2009 [November 8th, 2009]
- Defining AI and Knowledge Engineering - November 8th, 2009 [November 8th, 2009]
- Great Overview of Knowledge Representation - November 8th, 2009 [November 8th, 2009]
- Something like Google page rank for semantic web URIs - November 8th, 2009 [November 8th, 2009]
- My experiences writing AI software for vehicle control in games and virtual reality systems - November 8th, 2009 [November 8th, 2009]
- The URL for this blog has changed - November 8th, 2009 [November 8th, 2009]
- I have a new page on Knowledge Management - November 8th, 2009 [November 8th, 2009]
- N-GRAM analysis using Ruby - November 8th, 2009 [November 8th, 2009]
- Good video: Knowledge Representation and the Semantic Web - November 8th, 2009 [November 8th, 2009]
- Using the PowerLoom reasoning system with JRuby - November 8th, 2009 [November 8th, 2009]
- Machines Like Us - November 8th, 2009 [November 8th, 2009]
- RapidMiner machine learning, data mining, and visualization tool - November 8th, 2009 [November 8th, 2009]
- texai.org - November 8th, 2009 [November 8th, 2009]
- NLTK: The Natural Language Toolkit - November 8th, 2009 [November 8th, 2009]
- My OpenCalais Ruby client library - November 8th, 2009 [November 8th, 2009]
- Ruby API for accessing Freebase/Metaweb structured data - November 8th, 2009 [November 8th, 2009]
- Protégé OWL Ontology Editor - November 8th, 2009 [November 8th, 2009]
- New version of Numenta software is available - November 8th, 2009 [November 8th, 2009]
- Very nice: Elsevier IJCAI AI Journal articles now available for free as PDFs - November 8th, 2009 [November 8th, 2009]
- Verison 2.0 of OpenCyc is available - November 8th, 2009 [November 8th, 2009]
- What’s Your Biggest Question about Artificial Intelligence? [Article] - November 8th, 2009 [November 8th, 2009]
- Minimax Search [Knowledge] - November 8th, 2009 [November 8th, 2009]
- Decision Tree [Knowledge] - November 8th, 2009 [November 8th, 2009]
- More AI Content & Format Preference Poll [Article] - November 8th, 2009 [November 8th, 2009]
- New Planners Solve Rescue Missions [News] - November 8th, 2009 [November 8th, 2009]
- Neural Network Learns to Bluff at Poker [News] - November 8th, 2009 [November 8th, 2009]
- Pushing the Limits of Game AI Technology [News] - November 8th, 2009 [November 8th, 2009]
- Mining Data for the Netflix Prize [News] - November 8th, 2009 [November 8th, 2009]
- Interview with Peter Denning on the Principles of Computing [News] - November 8th, 2009 [November 8th, 2009]
- Decision Making for Medical Support [News] - November 8th, 2009 [November 8th, 2009]
- Neural Network Creates Music CD [News] - November 8th, 2009 [November 8th, 2009]
- jKilavuz - a guide in the polygon soup [News] - November 8th, 2009 [November 8th, 2009]
- Artificial General Intelligence: Now Is the Time [News] - November 8th, 2009 [November 8th, 2009]
- Apply AI 2007 Roundtable Report [News] - November 8th, 2009 [November 8th, 2009]
- What Would You do With 80 Cores? [News] - November 8th, 2009 [November 8th, 2009]
- Software Finds Learning Language Child's Play [News] - November 8th, 2009 [November 8th, 2009]
- Artificial Intelligence in Games [Article] - November 8th, 2009 [November 8th, 2009]
- Artificial Intelligence Resources - November 8th, 2009 [November 8th, 2009]
- Alan Turing: Mathematical Biologist? - April 25th, 2012 [April 25th, 2012]
- BBC Horizon: The Hunt for AI ( Artificial Intelligence ) - Video - April 30th, 2012 [April 30th, 2012]
- Can computers have true artificial intelligence" Masonic handshake" 3rd-April-2012 - Video - April 30th, 2012 [April 30th, 2012]
- Kevin B. Korb - Interview - Artificial Intelligence and the Singularity p3 - Video - April 30th, 2012 [April 30th, 2012]
- Artificial Intelligence - 6 Month Anniversary - Video - April 30th, 2012 [April 30th, 2012]
- Science Breakthroughs - April 30th, 2012 [April 30th, 2012]
- Hitman: Blood Money - Part 49 - Stupid Artificial Intelligence! - Video - April 30th, 2012 [April 30th, 2012]
- Research Members Turned Off By HAARP Artificial Intelligence - Video - April 30th, 2012 [April 30th, 2012]
- Artificial Intelligence Lecture No. 5 - Video - April 30th, 2012 [April 30th, 2012]
- The Artificial Intelligence Laboratory, 2012 - Video - April 30th, 2012 [April 30th, 2012]
- Charlie Rose - Artificial Intelligence - Video - April 30th, 2012 [April 30th, 2012]
- Expert on artificial intelligence to speak at EPIIC Nights dinner - May 4th, 2012 [May 4th, 2012]
- Filipino software engineers complete and best thousands on Stanford’s Artificial Intelligence Course - May 4th, 2012 [May 4th, 2012]
- Vodafone xone™ Hackathon Challenges Developers and Entrepreneurs to Build a New Generation of Artificial Intelligence ... - May 4th, 2012 [May 4th, 2012]
- Rocket Fuel Packages Up CPG Booster - May 4th, 2012 [May 4th, 2012]
- 2 Filipinos finishes among top in Stanford’s Artificial Intelligence course - May 5th, 2012 [May 5th, 2012]
- Why Your Brain Isn't A Computer - May 5th, 2012 [May 5th, 2012]
- 2 Pinoy software engineers complete Stanford's AI course - May 7th, 2012 [May 7th, 2012]
- Percipio Media, LLC Proudly Accepts Partnership With MIT's Prestigious Computer Science And Artificial Intelligence ... - May 10th, 2012 [May 10th, 2012]
- Google Driverless Car Ok'd by Nevada - May 10th, 2012 [May 10th, 2012]
- Moving Beyond the Marketing Funnel: Rocket Fuel and Forrester Research Announce Free Webinar - May 10th, 2012 [May 10th, 2012]
- Rocket Fuel Wins 2012 San Francisco Business Times Tech & Innovation Award - May 13th, 2012 [May 13th, 2012]
- Internet Week 2012: Rocket Fuel to Speak at OMMA RTB - May 16th, 2012 [May 16th, 2012]
- How to Get the Most Out of Your Facebook Ads -- Rocket Fuel's VP of Products, Eshwar Belani, to Lead MarketingProfs ... - May 16th, 2012 [May 16th, 2012]
- The Digital Disruptor To Banking Has Just Gone International - May 16th, 2012 [May 16th, 2012]
- Moving Beyond the Marketing Funnel: Rocket Fuel Announce Free Webinar Featuring an Independent Research Firm - May 23rd, 2012 [May 23rd, 2012]
- MASA Showcases Latest Version of MASA SWORD for Homeland Security Markets - May 23rd, 2012 [May 23rd, 2012]
- Bluesky Launches Drones for Aerial Surveying - May 23rd, 2012 [May 23rd, 2012]
- Artificial Intelligence: What happened to the hunt for thinking machines? - May 25th, 2012 [May 25th, 2012]
- Bubble Robots Move Using Lasers [VIDEO] - May 25th, 2012 [May 25th, 2012]
- UHV assistant professors receive $10,000 summer research grants - May 27th, 2012 [May 27th, 2012]
- Artificial intelligence: science fiction or simply science? - May 28th, 2012 [May 28th, 2012]
- Exetel taps artificial intelligence - May 29th, 2012 [May 29th, 2012]
- Software offers brain on the rain - May 29th, 2012 [May 29th, 2012]
- New Dean of Science has high hopes for his faculty - May 30th, 2012 [May 30th, 2012]
- Cognitive Code Announces "Silvia For Android" App - May 31st, 2012 [May 31st, 2012]
- A Rat is Smarter Than Google - June 5th, 2012 [June 5th, 2012]