44% of security leaders in Singapore consider generative AI a top initiative but 65% said they do not fully understand its implications.
SINGAPORE: Singapore is embracing generative AI, with a staggering 93% of businesses using the technology primarily for cybersecurity operations, according to a recent survey conducted by Splunk. However, the survey also revealed a gap in cybersecurity maturity, indicating that local businesses are not keeping pace with global standards.
The survey found that 44% of security leaders in Singapore consider generative AI a top initiative this year. Yet, 34% of these leaders admitted they did not have policies in place for generative AI, and 65% acknowledged they do not fully understand its implications. Patrick Coughlin, Senior Vice President of global technical sales at Splunk, commented on these findings, stating, “We are in an AI gold rush, with bad actors and security professionals both trying to seize the advantage. The introduction of generative AI creates new opportunities for organizations to streamline processes, increase productivity, and limit staff burnout.”However, cybersecurity leaders in Singapore are divided on whether generative AI benefits or harms cybersecurity efforts.
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