Cybersecurity risks are on the rise.
While the high-profile breaches at Target and Yahoo!
captured our attention, they have also distracted us from the prevalence of cybersecurity risks in everyday life.
The number of cyber-security breaches has more than doubled over the past few years.
In the third quarter of 2016, over 18 million new forms of malware were discovered.
That is nearly a quarter of a million new types of malware every single day.
Unfortunately, some of the most vulnerable companies are those that are least equipped to address these concerns.
Industry experts estimate that 45% of all cyber-attacks are launched against small businesses.
Almost half of all small businesses have been attacked, although most of them dont know it.
Nearly 70% of small businesses are forced into bankruptcy within six months of a particularly severe cyber-attack.
Despite the risks, small businesses are under greater pressure to cut costs.
They cant always afford top-tier protection.
New AI algorithms will be more efficient at detecting and automating responses to threats.
Why is AI the key to fighting cybercrime?
In September, Scott Rosenburg discussed how AI could be used to thwart hackers targeting voting machines.
Whats great about our approach is, they dont have to put anything in their unit.
Most of the major organizations that fell victim to cybersecurity breaches used traditional firewalls.
These firewalls have proven to be notoriously ineffective against seasoned hackers with sufficient resources.
Even the most advanced firewall cannot guarantee that hackers will not access your system.
When firewalls fail, containing the damage hackers cause inside is crucial.
This is where AI proves to be most helpful.
AI security tools can identify suspicious user behavior.
They can either eliminate the threat on their own or alert human cybersecurity experts to address it.
AI cybersecurity solutions are also limiting the burden on human security experts.
This allows them to invest more resources on tasks that are best left to skilled professionals.
source: www.techworm.net