“Platformization is the approach needed, and integrated solutions that can both protect and enable AI are integral to achieving results,” Nikesh Arora, chairman and CEO of Palo Alto Networks, said in the statement.
Growing use of GenAI
While AI offers substantial benefits to enterprises, it is also susceptible to exploits that can facilitate sophisticated and damaging attacks, which traditional security measures might fail to detect.
Palo Alto said that it encounters approximately 2.3 million new, unique threats, and blocks an average of 11.3 billion threats every day in real time. The company cited a Deloitte report in its statement, which forecasts that the AI cybersecurity market will reach $102.78 billion by 2032 from $17.4 billion in 2022.