IDC: 25% of Top Asian Companies to Deploy GenAI to Enhance Security Operations Capabilities by 2024

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• Miguel Carreon  Email: mcarreon@idc.com
• Michael De La Cruz  Email: mdelacruz@idc.com

Top Future of Trust Predictions in Asia/Pacific* for 2024 and Beyond Revealed by IDC

SINGAPORE, 29 February 2024 – In a recent FutureScape report, IDC FutureScape: Worldwide Future of Trust 2024 Predictions ─ Asia/Pacific (Excluding Japan) Implications, IDC predicts that by the end of 2024, 25% of Top 2000 Asia (A2000) companies will leverage Generative AI (GenAI) within their Security Operation Centers (SOCs). This integration is designed to bolster analysts’ skills in detecting and responding to cyber threats, significantly improving their efficiency in managing cybersecurity incidents. This move addresses challenges related to hallucinations, bias, privacy concerns, and the reinforcement leaning aspects inherent in GenAI applications. Although GenAI holds promise in enhancing the efficiency of security analysts, analysts are still at the core of security implementation.

As AI and GenAI become focal points, organizations in the Asia/Pacific excluding Japan (APeJ) region are eagerly investigating use cases. Their aim is to enhance operational effectiveness while also addressing risk and privacy issues.

• AI Risk/Compliance: By 2026, 25% of organizations will utilize AI-enabled risk and compliance solutions to continuously monitor data in real-time to predict noncompliance internally or from third-party associations.

• AI-Enhanced Privacy: By 2026, 25% of organizations will utilize AI to enhance data privacy through use of data anonymization, encryption, anomaly detection, and privacy-preserving ML techniques like differential privacy.

• DLP for GenAI: By the end of 2024, 35%of large organizations will have extended their Data Loss Prevention (DLP) deployments to GenAI environments to prevent privacy violations and data breaches.

When AI systems are properly implemented, mundane and repetitive operational tasks are greatly reduced. These systems are particularly adept at scaling to manage the ever-increasing volumes of data being produced and consumed, crucial for upholding of data privacy in this big data era. Furthermore, the risk of non-compliance, fueled by rising cyberattacks and the proliferation of regulations at various governmental and sectoral levels, underscores the need for AI’s advanced analytical capabilities. AI-powered solutions for risk and compliance can effectively sift through vast datasets, facilitating continuous, real-time adherence to regulatory requirements.

Despite AI and GenAI initiatives taking the limelight, aligning IT security investments with business outcomes remains a challenging feat for organizations in the region. Budget shifts, largely directed towards AI and GenAI efforts, necessitate that IT security spending is justified in some manner, maintaining a balance between innovation and security imperatives.

• Cyber-Risk Quant: By 2026, 30% of organizations will use quantification models to attack a dollar figure to cyber-risks and seek vendors with incident response data to calculate probability and dollar amounts.

• Cyber-Risk Platform: By 2026, 20% of organizations will use a proactive cybersecurity platform that aggregates risk exposures to score and prioritize cybersecurity risk in totality instead of one tool at a time.

These forecasts hinge on the adoption of efficient and effective risk management strategies. By evaluating the impact of previous cyber incidents, organizations within the region can now quantify cyber risks financially. This crucial insight serves as the foundation for constructing business cases aimed at bolstering cybersecurity defenses. Consequently, organizations are positioned to make informed investments in security technologies that promise a favorable return on investment. Simultaneously, there's a gradual shift in the market towards a more cohesive and strategic approach to risk management. Instead of addressing cyber risk in isolation, there's an emerging recognition of the importance of a unified perspective that considers the aggregate effect across various tools and systems.

"Generative AI's use cases in security are still emerging and maturing, but its trajectory is clearly upward. With time, research, and innovation, we can expect Generative AI to play an increasingly pivotal role in forging trust and fortifying our digital defenses against the evolving threats of the future," says Christian Fam, Research Manager, Future of Trust, IDC Asia/Pacific.

Each year, IDC releases its top technology predictions at worldwide, regional and country level through its IDC FutureScape R eports  and gives a crystal ball view of what is ahead for the rapidly changing IT industry. These predictions have been used to shape the strategies and business objectives of technology leaders and business executives in the next 1-5 years. All the predictions stated here cover Asia/Pacific implications.

Generative AI is revolutionizing cybersecurity, offering innovative solutions to modern challenges. Explore how AI is shaping the future of security services, along with insights from IDC FutureScape and strategic guidance for vendors and buyers. Download our eBook now for a comprehensive understanding of AI's role in cybersecurity HERE.

Catch an on-demand replay of IDC's 2024 Predictions presentation that will be available as part of a series of FutureScape webinars addressing the IT Industry, AI and Automation, Digital Business, CIO Agenda, and Emerging Technologies. If you would like to attend any of these webinars, register and learn more HERE.

Asia/Pacific Japan FutureScape Reports come with a complimentary report that provides specific recommendations for tech vendor sales and marketing leaders. Leverage on IDC insights to better understand clients’ priorities and enhance your storytelling and go to market plans, access the IDC FutureScape: Worldwide Future of Work 2024 Predictions — Asia/Pacific (Excluding Japan) Implications — Positioning for Success — Opportunities for Tech Sales and Marketing Leaders market presentation HERE.

For more information about IDC FutureScape and other resources, please visit our regional FutureScape site. For sales inquiries on the IDC FutureScape framework and reports, please contact your IDC account manager or Tessa Rago at trago@idc.com. For media queries, please contact Michael de la Cruz at mdelacruz@idc.com   or Miguel Carreon mcarreon@idc.com.

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About IDC FutureScape

IDC FutureScape reports are used to shape IT strategy and planning for the enterprise by providing a basic framework for evaluating IT initiatives in terms of their value to business strategy now and in the foreseeable future. IDC's FutureScape reports are comprised of a set of decision imperatives designed to identify a range of pending issues that CIOs and senior technology professionals will confront within a typical five-year business planning cycle.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading tech media, data and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDCAP and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

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