AI in Cybersecurity: What Organizations Must Know

0
83

Charlie Sander, CEO of ManagedMethods, writes on AI’s pivotal role in cybersecurity amidst relentless cyberattacks, depleting resources, and tarnishing organizational reputation, offering critical perspectives.

When it comes to cyberattacks, organizations of all types and sizes need to ditch the idea of “It won’t happen to us.” The Trellix 2024 Threat PredictionsOpens a new window report highlights that detecting and identifying threats and advanced security tools are becoming more challenging for victims. But why is this happening?

Ransomware gangs are getting smarter, and AI helps cybercriminals effortlessly find the personal information needed for phishing emails and then start password-based attacks.

And the stakes couldn’t be higher: Failing to protect sensitive data can lead to reputational harm and significant financial losses. Steve Morgan, Editor-in-Chief of Cybercrime Magazine,  predicts that the toll of cyberattacks on the global economy will rise to over $10.5 trillion by 2025. 

Cybercriminals use AI for password cracking, a traditionally relatively low-sophistication technique in which they guess passwords. They’re also using it to write…

?xml>

Read More…