The global artificial intelligence (AI) in security market is projected to grow from $18.52 billion in 2022 to $22.7 billion in 2023 and further to $50.25 billion by 2027, with a compound annual growth rate (CAGR) of 22%, according to The Business Research Company. The growth is being driven by the rising need for enhanced cybersecurity and the increasing risk of cyberattacks. Major industry players are incorporating advanced technologies to stay competitive, including Microsoft’s AI-powered cybersecurity assistant tool, Security Copilot.

New Report Warns of Ransomware Actors Building Organizational Structure For Complex Attacks
A Coveware report reveals a shift in the ransomware landscape, with evolving organizational structures enabling complex attacks. The once-dominant Ransomware-as-a-Service model is now “irreversibly tarnished,”