CyberArk, the identity security company, announced details of its new Artificial Intelligence Center of Excellence. Drawing upon years of utilising AI/ML technology across the CyberArk Identity Security Platform, CyberArk is expanding R&D and product development resources to advance the use of generative AI to improve security for its more than 8,000 global clients.
Why is this a timely solution for cybersecurity teams?
According to the recently-published CyberArk 2023 Identity Security Threat Landscape Report, 93% of security professionals surveyed expect artificial intelligence-enabled threats to affect their organisation in 2023, with AI-powered malware cited as the #1 concern.
The Center of Excellence works in close collaboration with CyberArk Labs, which has been researching the impact of generative AI on attacker innovation to help evolve AI-powered defenses. With a team of data scientists, software architects and engineers, the Center of Excellence is first exploring opportunities to embed AI into existing CyberArk products.
Meanwhile, CyberArk continues to execute on a comprehensive long-term roadmap that builds upon its AI foundation and commitment to innovation. CyberArk has already demonstrated the strategic value of artificial intelligence and machine learning to improve identity security threat detection and response within the CyberArk Identity Security Platform.
CyberArk announced new AI-powered policy creation automation, combining its privileged access management expertise and comprehensive least privilege toolsets to process data collected by CyberArk Endpoint Privilege Manager for immediate risk reduction. CyberArk is working to harness AI/ML to transform identity security approaches in many ways, including:
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Supporting identity risk analysis, risk reduction plans and other recommendations
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Simplifying various user-intensive tasks through automation
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Allowing users to interact with the system using natural language, easy access to documentation and more
What are CyberArk’s thoughts on the center?
“The establishment of our AI Center of Excellence is a natural progression of our product strategy. The time is right to expand our efforts now, especially as we continue to see evidence of generative AI boosting productivity on both sides of the cybersecurity equation – for attackers and defenders,” commented Peretz Regev, Chief Product Officer at CyberArk.
“One of our goals is to enable clients to utilise in-product AI-based capabilities to create advantages for their defensive strategies. We see potential for AI and its ability to influence use cases associated with areas like policy optimisation, risk reduction and threat detection.”
