Artificial Intelligence (AI) is rapidly becoming ubiquitous in supporting key business decisions, and for many organisations it is critical for their digital transformation and new business models. With organisations quickly driving forward to identify new ways to extract competitive value from their data, the regulators are preparing to step in.
As artificial intelligence (AI) becomes more and more prevalent in society, it is also making its way into the world of cyber security. AI can be used in a number of ways to help improve cyber security, including by automatically detecting and responding to threats, improving network efficiency, and helping to identify vulnerabilities. In this blog post, we will discuss some of the ways that AI is changing cyber security and how it can help your business stay safe online.
The National Crime Record Bureau (NCRB), in its report, recorded 50,035 cybercrime cases in 2020, and it is alarming to see that the numbers have surged exponentially ever since the pandemic. This opened the gates to remote onboarding and the use of facial recognition algorithms to distinguish users’ unique features, enhancing their onboarding experience. On the flip side, this has also given scamsters and fraudsters ample opportunities to manipulate and employ technologies for wrongful gains.
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With the speed of technological advancements, one term is ubiquitous, Artificial Intelligence. Across various fields, AI is changing how we look at current technologies. One technology transformed with the implementation of AI is OCR, Optical Character Recognition. OCR can process images of text and convert them into a machine-readable format. It can take handwriting and printed documents and convert them into a digital format.
Artificial intelligence has been (and continues to be) a popular topic of discussion in areas ranging from science fiction to cybersecurity. But as much fun as it might be to discuss my favorite sci-fi AI stories, let’s set aside the works of Asimov, Bradbury and other storytellers to focus on the role of AI in cybersecurity.
There is a new trope in the security industry, and it goes something like this: To keep yourself safe, you need an AI-powered solution that can act on its own, and to do that, you need to keep those pesky humans away from it. As a practitioner with a track record of bringing AI to cybersecurity — not because marchitecture demands it these days but because of its actual utility to solve security problems — I find this characterization puzzling.
Illustration by Dorathe Victor Five worthy reads is a regular column on five noteworthy items we discovered while researching trending and timeless topics. In this week’s edition, let’s explore how artificial intelligence and machine learning are weaponized by hackers to fuel cyberattacks. AI and ML are conquering the world at a rapid pace. AI has made life much easier. In many instances, it speeds up manual processes, reduces costs, and eliminates manual errors.
The Russian invasion of Ukraine has triggered an escalation in the number of state-sponsored actors targeting critical infrastructure with DDoS attacks. Criminal syndicates and smaller players are also exploiting the crisis. From fake fundraising efforts for Ukraine to account takeovers and high-velocity bot-driven attacks such as DDoS, BIN attacks, and terminal attacks, cybercriminals are stepping up their own attacks in an effort to benefit from the turmoil.
Now, there’s a loaded question. With so many preceding it: What do we mean by AI? Which aspects of what data are we referring to When it comes to AI? Are ethical practices universal? So, here are a few things to consider.
