With cybercrime costs projected to reach an astronomical $10.5 trillion annually by 2025, according to Cybersecurity Ventures, the stakes have never been higher.
DailyFT, Sri Lanka’s first and only national daily business paper, reports that AI’s market value is expected to surpass $ 1.5 trillion within the same timeframe, underlining its growing dominance in every industry. This convergence represents a dual-edged sword: while AI offers unprecedented capabilities for detecting, preventing, and mitigating cyber threats, it also equips malicious actors with new tools for sophisticated attacks.
The critical question is no longer whether AI will shape the future of cybersecurity, but how effectively it can be harnessed to build a resilient digital ecosystem.
In such a background, the 10th Daily FT-CICRA Annual Cybersecurity Summit held recently in Sri Lanka discussed these challenges and explored the potential of AI-driven solutions to combat escalating cyber threats.
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