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Diving overview:
- CISOs are slightly less confident than CEOs that AI will improve their companies’ cyber defenses, according to a new report.
- About 30% of CEOs think AI can help with cybersecurity, but only 20% of CISOs think the same way. Axis Capital said in a report..
- The survey also revealed transatlantic disagreements about the value of AI and the dangers of AI-based cyberattacks.
Dive Insight:
The Axis Capital report highlights that CISOs and CEOs express different views on boardroom friction. The role of AI in their organization.
According to the report, nearly two-thirds of CEOs trust AI tools to make cybersecurity decisions, compared to 59% of CISOs. CEOs are more concerned than CISOs about the possibility that data leak CISOs are more concerned about complex issues than CEOs when it comes to AI (29% vs. 17%). Shadow AI (27% vs. 17%). U.S. CEOs were also more likely than CISO CEOs to believe their organizations were capable of addressing the following issues: Cyber attacks using AI Faster than your peers.
At the same time, US CEOs were more concerned about AI-powered cyber attacks than CISOs.
The Axis Capital report is based on a survey of 138 US CEOs, 112 US CISOs, 123 UK CEOs, and 127 UK CISOs from companies with 250 or more employees.
The report found that American and British executives view AI very differently. In the US, 88% of CEOs think AI will make their companies safer, while only 55% of UK CEOs agree. UK CEOs are four times more likely than US CEOs to express a lack of confidence in the defensive benefits of AI (33% vs. 8%).
According to the report, there are some divisions of opinion across the Atlantic regarding AI and cybersecurity.
One difference concerns the level of agreement between CEOs and CISOs on the value of AI. In the United States, CEOs and CISOs express similar levels of confidence in AI’s ability to support cybersecurity decisions, with 83% of executives in both sectors saying they trust AI. In the UK, around half of CEOs said they trust AI, but only 37% of CISOs said the same.
Another difference concerns AI threat preparedness. Despite being more likely to have cyber insurance (94% vs. 68%), US business owners were significantly more confident than their UK counterparts (85% vs. 44%).
