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Generative ArtificialIntelligence (GAI) is rapidly revolutionizing various industries, including cybersecurity, allowing the creation of realistic and personalized content. The capabilities that make Generative ArtificialIntelligence a powerful tool for progress also make it a significant threat in the cyber domain.
What's more, the rise of artificialintelligence (AI) has made social engineering methods more complex, covert, and difficult to detect. In turn, this has left organizations and individuals far behind in the race to securedefenses appropriately. How does AI-powered social engineering affect businesses?
Cyber security measures ensure this data is safeguarded against breaches, fraud, hacking, and other forms of cybercrime. Cyber security in banking is about securing the entire digital infrastructure of a bank — from online banking systems to internal databases — against unauthorized access, data leaks, and malicious attacks.
While AI increasingly gets used to automate repetitive tasks, improve security and identify vulnerabilities, hackers will in turn build their own ML tools to target these processes. Secure and manage AI to prevent malfunctions.
For instance, several days ago, personal data related to Amazon employees that was allegedly leaked over the course of the MOVEit vulnerability attack was leaked on a cybercrime forum. Although these attacks took place a year ago, their impact on the affected companies is still being felt today.
The talent shortage , coupled with the increasing volume of threats and the changing cybercrime landscape, presents a problem which is only getting worse. Despite its tremendous potential, Fralick explained, “Most people don’t realize how fragile AI and machine learning can really be.”
We each need to consider how these trends may affect our organizations and allocate our budgets and resources accordingly: AI will turbo-charge cybersecurity and cyberthreats: Artificialintelligence (AI) will boost both attackers and defenders while causing governance issues and learning pains. Bottom line: Prepare now based on risk.
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