Palo Alto Networks at Ignite on Tour Philippines 2024: Secure the way forward with AI-driven security solutions
Source: mindanaoexaminernewspaper.blogspot.com
MANILA - Palo Alto Networks, the global cybersecurity leader, today held its flagship event Ignite on Tour in the Philippines at the Grand Hyatt Manila. With the theme Cybersecurity for the AI Era, the event was attended by industry partners, customers, and cybersecurity experts to discuss the increasing impact of artificial intelligence on the cybersecurity landscape alongside evolving threat tactics in the Philippines.
As one of ASEAN's fastest-growing digital economies, the Philippines faces significant vulnerability to evolving cyberthreats such as ransomware and AI-driven attacks. Palo Alto Networks' recent research revealed manufacturing as the most targeted industry for ransomware attacks in ASEAN, primarily due to limited system visibility and inadequate network monitoring. This trend resonates with Filipino organizations using operations technology systems, where 76.5% experienced attacks in the past year - based on Palo Alto
Networks' State of OT Security report. Additionally, 70.6% of these organizations are concerned with AI-enabled attacks.
In his keynote address, Steven Scheurmann, Regional Vice President of ASEAN at Palo Alto Networks, touched on the rise of AI and its impact on business transformation. He shared, "2023 is a breakthrough year for AI and it is transforming the enterprise. However, adversaries are also exploiting the power of AI to accelerate, scale and innovate its attacks. With its high Internet penetration rate and use of multi-devices, enterprises in the Philippines are highly susceptible to attacks. To overcome this, Filipino organizations need to build on the strengths of AI to be more secure and provide better visibility and automation into its security processes."
With the rise of AI-powered threats, Palo Alto Networks has introduced Precision AI™, which incorporates machine learning (ML) and deep learning (DL) with generative AI (GenAI) for real-time applications, to defend against AI-supported threat tactics. Precision AI is integrated across Palo Alto Networks' platforms Strata™, Prisma®, and Cortex® to provide enhanced capabilities for organizations.
DSWD faced security challenges with fragmented cybersecurity measures, server outages leading to operational disruption, and absence of comprehensive incident response playbooks. These issues expanded the attack surface for DSWD, having limited visibility in assessing suspicious network activities and increasing the risk of data breaches due to slower incident response times and inadequate planning.
Partnering with Palo Alto Networks, DSWD leveraged its Unit 42 Incident Response (IR) services to evolve its cybersecurity posture and proactively prevent future threats. The organization also leveraged Palo Alto Networks' AI-driven solutions like Cortex XSIAM and Cortex XDR to enhance protection and efficiency, and empower its security operations to effectively combat threats.
The role of AI in cyberattacks and defense is expected to grow even further. Threat actors will continue to refine their AI-driven attack techniques, demanding constant innovation in cybersecurity strategies. To stay ahead of AI-driven threats, organizations should prioritize the following recommendations :
* Invest in AI-powered cybersecurity solutions: Organizations should allocate resources to implement AI-powered defense systems that can adapt to evolving threats in real time.
* Collaborate and share threat intelligence: Sharing threat intelligence with industry peers and security communities can enhance collective defense against AI-driven attacks.
* Foster a culture of cybersecurity awareness: Educating employees about the risks and best practices related to AI-driven cyberattacks can strengthen the organization's overall security posture.
* Stay updated with evolving AI technologies: Organizations should remain informed about emerging AI technologies and their potential applications in both offensive and defensive cybersecurity efforts. (Press Release)