Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk

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Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
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Enterprise tech giant Cisco unveiled a new security product, called HyperShield, which it says aims to secure clients' data and devices with the help of AI.

Cisco on Thursday launched HyperShield, a new security product that uses AI to protect applications, devices, and data across data centers, clouds, and physical locations.

Called HyperShield, the product uses AI to protect applications, devices, and data across public and private data centers, clouds, and physical locations, according to a company press release.This is Cisco's big chance to prove itself as a serious AI player at a time when technology giants like The product has an autonomous segmentation feature aimed at helping businesses avoid vulnerabilities and breaches. It allows Cisco's AI to divide a computer network into smaller parts to improve performance and security.

"We're moving from a world of scarcity to a world of abundance, with digital AI assistants for everything," Patel told CNBC. "Those assistants live in data centres.""So when you consider the increase in requirements that this places on the data centre, and how we build for that, there is a need to rearchitect, not build more of the same," said Patel.

He said that new technologies like AI and machine learning are needed to identify and patch vulnerabilities to be compressed from days to minutes. Cisco share price performance year-over-year, compared with the performance of the Nasdaq Composite over the same period.

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