Thanks to the advent of artificial intelligence, cybersecurity professionals have to reconsider how they approach these threats. Machine learning is one option, as it can help today’s modern solutions learn how to be more effective against advanced threats. On the other hand, what’s stopping the other side from also taking advantage of artificial intelligence? The answer: nothing, nothing at all.
The holiday season is a prime opportunity for hackers to steal considerable amounts of money and credentials from unwary shoppers, both online and in-store. When a lot of customers spend so much money, it’s inevitable that some of these credentials will be stolen by hackers seeking to snatch a credit card number or personal data. How can you protect yourself from a threat that’s not necessarily handled directly by you?
One of the most enticing credentials that hackers desire is your credit card number, along with its expiration date and the code on the back. Hackers are also willing to go great lengths to achieve their goal of stealing these credentials, even so far as to make physical changes to automatic teller machines (ATMs) to do so. In fact, hackers will often install skimming devices on ATMs that are so subtle that they can be difficult to detect.
While many youngsters enjoy it when their school shuts down, this was likely not the case in Flathead Valley, Montana, where the cybercriminal group ‘TheDarkOverlord Solutions’ targeted the entire Columbia Falls school district. This attack caused the three-day closure and otherwise disrupted over 30 schools, and the personal information of teachers, students, and school administrators was supposedly to be released if the group didn’t receive a ransom payment.
Man matching wits with computer isn’t new territory. In 1830, a locomotive raced a horse to see which was superior in terms of speed and distance. 1956 saw the first time a human played chess against a computer. Today, the time has come when an artificial intelligence has begun to break into a new territory that was dominated by humans for thousands of years: crime.
If your company’s sensitive data was to be put up for sale, how much do you think it would go for? Chances are, you may be guessing a little high, which makes things worse for businesses in such a situation. Assuming that your data will be sold for a premium price will likely lead you to believe that fewer criminals will access it than actually will.
“Hacker” is a word that can bring up many powerful impressions in people. It may very well bring up images of a pale super genius hunched over a keyboard, awash in dim blue light, as it does for many people. However, this extremely specific image does little but pigeonhole the many hackers in the real world into this dramatized caricature.
How does your business handle threats to its data security? You might think you’re safe, but according to the Ponemon Institute, nearly four out of every five organizations aren’t prepared to fend off threats to their security. This is a major problem, so it should make you question whether you’re prepared to handle the various security risks that could potentially plague your business.
What would you do if a significant sum of money magically disappeared from your account due to a “miscommunication” between accounting and someone pretending to be you? Wire transfers have made it extraordinarily easy for scam artists to make large transactions, which are augmented by the ability to impersonate authority figures within the office; the c-suite staff, also known as management.
With all of the major data breaches making the news these days, it’s not very surprising when you hear about a new one. However, what is surprising is just how much the average cost per breach has skyrocketed in recent years. The cost of data breaches is up 29 percent since 2013, which equates to roughly $4 million per data breach.
Hackers of all shapes and sizes use brute force attacks to gain access into accounts and infrastructures, but do you know how they work and what your business can do to protect against them? Failing to understand brute force attacks could put sensitive information in the crosshairs of hackers, and leave it vulnerable to ongoing attacks.