#AI and #Cybersecurity Solutions for the future- #Stocks
to Watch: (OTCPINK: $GTCH) (NYSE: $BB) (NasdaqGS: $NVDA) (NYSE: $IBM) @BlackBerry @nvidia @IBM
Vancouver,
Kelowna, Delta, BC – September 20, 2022 – Investorideas.com (www.investorideas.com), a global investor
news source covering Artificial Intelligence (AI) stocks releases a sector snapshot looking at the growing AI
tech implementation in security and cybersecurity, featuring AI innovator, GBT
Technologies Inc. (OTC
PINK:GTCH).
Read this article,
featuring $GTCH in full at https://www.investorideas.com/news/2022/technology/09201AI-Cybersecurity-Solutions.asp
As
the trend toward the online digitization of data ramps up, so too does the
frequency and variety of threats in cyberspace. Consequently, firms are
increasingly tasked with innovating cybersecurity solutions, and more and more
are leveraging artificial intelligence (AI) technologies to do so.
In
fact, research published by ReportLinker finds that the
global AI in Cybersecurity market is projected to grow from $5.03 billion USD
in 2018 to over $28.09 billion by 2030, registering a compound annual growth
rate (CAGR) of 23.5 percent in the forecast period. The following excerpt from
the report’s summary outlines some of the main influences on the market’s
growth:
Some of the key
factors driving the growth of artificial intelligence in the cybersecurity
market are growing demand for innovative cybersecurity solutions & privacy,
increasing the frequency & sophistication of cyber-attacks, the advent of
disruptive emerging technology across the industry verticals, and continuous
technological developments in security solutions. In addition, growing
government spending in the security sector, the growing need for small and
medium-sized businesses for cloud-based security solutions, and the increasing
adoption of 5G technology are also leading to the growth of artificial
intelligence in the cybersecurity market.
One
firm exemplifying this trend is GBT Technologies Inc. (OTC
PINK:GTCH),
a development stage company which considers itself a native of Internet of
Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology
Platforms. A recent press
release
from the firm announced its plans for “expanding its cybersecurity research and
development efforts with the goal of developing threat intelligence
technology.” This will involve the development of advanced security algorithms
and techniques to assess the nature, severity and possible impacts of threats
– even ones that have bypassed
security mechanisms – and provide intelligent categorization and prioritization
to make accurate decisions. The company’s CTO, Danny Rittman, explained:
"Cybersecurity
incidents are constantly on the rise and we are preparing an intelligent
solution with the goal of addressing malicious attacks against individuals,
businesses and governmental institutions. With today's vast amount of
information, cyber threats are becoming a big data case. Networks, sensitive
apparatus, industrial systems and personal devices are operating with huge data
and band widths which makes it harder to detect, identify and differentiate
between noise or real threats. An intelligent system is required to be able to
handle the analysis of big data, identify and predict weak spots or possible threats
to make smart decisions and act. Once a real threat is detected, a proper
incident response is required. An intelligent system requires advanced skill
sets and knowledge to handle a minor or colossal scale attack and a plan for
eliminating the threat and recovering data. We plan to develop a system with
extensive practices, cognitive capabilities and advanced, persistent threat
prediction algorithms to detect, track and handle multiple types of security
threats, contain such threats and provide a remediation response. We plan to
leverage cybersecurity technology enabling proactive, learning from experienced
automation with the goal of assisting individuals, businesses and government
institutions to detect and respond to active threats, making our cyberworld a
safer place.”
Rittman
also provided further commentary on the cybersecurity market more broadly,
outlining the increasing adoption of AI by firms, and GBT’s own R&D
endeavours to stay ahead of the curve:
“Corporations and
institutions start to invest vast amounts of engineering talents in order to
protect networks and computer systems in many areas, among them are IoT, radio
based networks, AI and the internet. Advanced cybersecurity protocols and
standards were created in order to ensure private, secured daily life
operations. These standards and protocols are implemented within web sites,
networks and radio communication. A cybersecurity protocol is a digital
protection method to eliminate data breach or a malicious attack. In today's
security system various protocols are typically implemented together as a
multi-layered protection method, targeting different attack levels. In this way
even if an attack was successfully made for the first layer, it will be stopped
at the next layer.
GBT invests major
R&D efforts to research and develop cybersecurity protocols for its
computer and radio networks. The company keeps up-to-date with the constant
advancements of digital data, RF network's, bandwidth increases, and mobile
communication. In addition GBT's is constantly researching hardware and
software cyber vulnerabilities to develop protection methods, starting at the
microchip's level. IoT and other radio based communications are suffering from
major cybersecurity vulnerabilities and need to be properly secured since they
are used by military, intelligence and national security systems. GBT's
multi-layer, network security protocols ensure the integrity of the
communicated data, its reliability and confidentiality. GBT is expanding
R&D efforts for highly advanced cryptographic methods, authentication
protocols and encryptions techniques, with the goal of developing a threat
intelligence technology to detect and track ever-evolving, global, cyber
threats and to provide real time, smart, automated incident response and
remediation.”
Elsewhere
in the space, BlackBerry Limited (NYSE:BB) recently announced the launch of
CylanceGATEWAY, an AI-empowered Zero Trust Network Access (ZTNA) that is aimed
at “preventing malicious threat actors from compromising corporate networks.”
According to the press release, the solution provides businesses “with a contextual
correlation of network and device telemetry combined with continuous
authentication to limit access to trusted, authenticated, and known users and
devices; augmenting their prevention-first cybersecurity posture to protect
against the prolific growth of ransomware and other advanced cybersecurity
threats.” Billy Ho, BlackBerry’s EVP of Product Engineering, explained:
"Covid has
laid waste to the old castle and moat approach to network security with the
majority of employees no longer constrained to corporate campuses but still
requiring a secure and frictionless way to access the resources they need to
get their jobs done. Our new CylanceGATEWAY ZTNA-as-a-service solution enables
businesses to do just that, defending against an evolving threat landscape and
providing end-to-end protection for endpoints, users, their identities, and the
applications and networks they connect to, so businesses can have peace of
mind."
Another
company, Octo, a tech firm that provides solutions leveraging AI and cybersecurity
has joined NVIDIA
Corporation’s (NasdaqGS:NVDA) Partner Network “to deliver on
its high-profile artificial intelligence (AI) projects for the Federal
Government.” NVIDIA, according to the press release, will “help develop and
support AI-enabled services and experiences for Octo and its customers,” and
will power Octo’s innovation hub, Reston. Craig Weinstein, Vice President of
the Americas Partner Organization at NVIDIA, said:
“Accelerated
computing is advancing science and services through applications that help make
countries safer and more connected. With NVIDIA-accelerated infrastructure,
Octo and its oLabs innovation center will be able to improve support for
government agencies during natural disasters and strengthen cybersecurity using
AI.”
Earlier
this year, tech giant IBM (NYSE:IBM) unveiled its z16, a
next-generation system with an integrated on-chip AI accelerator, which enables
clients to “analyze real-time transactions, at scale -- for mission-critical
workloads such as credit card, healthcare and financial transactions,” and
helps “protect against near-future threats that might be used to crack today's
encryption technologies.” Leveraging the company’s AI inferencing, the z16 can
“process 300 billion inference requests per day with just one millisecond of
latency,” allowing fraud detection on a massive scale. Ric Lewis, SVP, IBM
Systems, said:
"IBM is the
gold standard for highly secured transaction processing. Now with IBM z16
innovations, our clients can increase decision velocity with inferencing right
where their mission critical data lives. This opens up tremendous opportunities
to change the game in their respective industries so they will be positioned to
deliver better customer experiences and more powerful business outcomes.”
For a list of
artificial intelligence stocks on Investorideas.com visit here
About GBT
Technologies Inc.
GBT Technologies, Inc. (OTC
PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which
considers itself a native of Internet of Things (IoT), Artificial Intelligence
(AI) and Enabled Mobile Technology Platforms used to increase IC performance.
GBT has assembled a team with extensive technology expertise and is building an
intellectual property portfolio consisting of many patents. GBT’s mission, to
license the technology and IP to synergetic partners in the areas of hardware
and software. Once commercialized, it is GBT’s goal to have a suite of products
including smart microchips, AI, encryption, Blockchain, IC design, mobile
security applications, database management protocols, with tracking and
supporting cloud software (without the need for GPS). GBT envisions this system
as a creation of a global mesh network using advanced nodes and super
performing new generation IC technology. The core of the system will be its
advanced microchip technology; technology that can be installed in any mobile
or fixed device worldwide. GBT’s vision is to produce this system as a low
cost, secure, private-mesh-network between any and all enabled devices. Thus, providing
shared processing, advanced mobile database management and sharing while using
these enhanced mobile features as an alternative to traditional carrier
services.
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