#AI
Increasingly Leveraged in #Cybersecurity as Threats Evolve;
#Artificialintelligence
#Stocks
to Watch: (OTCPINK: $GTCH) (NYSE: $BB) (NasdaqGS: $NVDA) (NYSE: $IBM) @BlackBerry
@nvidia @IBM
Vancouver, Kelowna, Delta, BC – September 19, 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/09191Cybersecurity.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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