Justin Young, our Director of Managed Services Security Operations, explores the double-edged sword of AI in cybersecurity and how businesses can protect themselves against the cyber grinches.
As the festive season approaches, it brings not only joy and celebrations but also a surge in cyber threats. Alarmingly, 84% of businesses have suffered a phishing attack, making cyber crime the world’s third-largest economy after the US and China. This isn’t set to slow down any time soon, with the estimated cost of global cybercrime expected to reach $13.82 trillion by 2028.
The proliferation of AI is particularly significant, equipping cybercriminals with sophisticated tools for more complex attacks. These include social engineering and phishing attacks, malware and ransomware, and fake AI chatbots.
But cybersecurity experts are also leveraging AI tools in ‘the battle of the bots’ – using advanced technologies to defend against AI powered cyber threats. From automated threat detection and analysis, phishing and scam detection and even AI granny’s, cyber security experts are using AI to enhance their operations.
Understanding how attackers leverage AI and how AI can be used defensively is crucial for organisations aiming to protect themselves from cyber threats. Stay vigilant, stay secure, and keep the cyber grinches at bay this Christmas.
To find out more, read Justin’s article in Computer Weekly here Defending against cyber grinches: AI for enhanced security | Computer Weekly.
