Internet usage has increased quickly, particularly in the previous decade. With the widespread use of the internet, cybercrime is growing at an alarming rate in our daily lives. However, with the growth of artificial intelligence (AI), businesses are concentrating more on preventing cybercrime. AI is becoming an essential component of every business, affecting individuals worldwide. Cybercrime is one of the most prominent domains where AI has begun demonstrating valuable inputs. As a result, AI is being deployed as the first line of defense in most firms' systems. Because AI can detect new assaults faster than humans, it is the best alternative for constructing better protection against cybercrime. AI technologies also offer more significant potential in the development of such technology. This paper discusses recent cyber intrusions and how the AI-enabled industry is preparing to defend itself in the long run.