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Global firms turn to artificial intelligence as cyber threats surge and software flaws triple

Reported by Kunal Bhatia (Senior Writer) · Livemint - Technology ·

Source: Livemint
Worth knowing
TechnologyGlobal firms turn to artificial intelligence as cyber threats surge and software flaws triple
Representative image · Wikimedia Commons

Companies worldwide are facing an intense wave of digital threats accelerated by artificial intelligence, forcing corporate technology teams to work through the night to protect their systems.

Growing Threats

Reported security weaknesses in computer software tripled to nearly 37,000 in the third quarter of 2026 compared to the same period a year earlier, according to the international Common Vulnerabilities and Exposures list. High-profile incidents include a record crypto theft of 6.3 billion dollars at Binance and repeated hacks on European supermarkets where attackers manipulated refrigerator and freezer temperatures. The grocery attacks spoiled millions of dollars in food and caused major disruptions for chains like Ahold Delhaize, which also suffered a prior profit warning after taking digital services offline for a week.

Corporate Response

Firms are increasingly deploying automated software tools and advanced machine learning models to defend their networks and fix security gaps faster. Booking.com chief security officer Marnie Wilking described the situation as an endless contest with very high stakes, noting that hundreds of engineers are building automated defenses. Ionos chief technology officer Markus Noga pointed out that standard daytime office hours are no longer adequate against relentless digital intrusions. Major organizations including Siemens and the Port of Rotterdam are adopting automated monitoring systems, while McKinsey projects the global security products market will expand from 223 billion dollars in 2025 to 346 billion dollars by 2029.

Context

Cybersecurity has become a core board-level priority as modern business operations rely heavily on interconnected software and cloud infrastructure. When new programming flaws are discovered, malicious actors and automated scripts can scan the internet and launch attacks within minutes, leaving human defenders in a race against time. This reality explains why companies are investing heavily in automated detection and rapid response mechanisms.

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