• Adoption of AI spotlights biz to invest in proactive cybersecurity defences

    The rise of AI emphasizes the need for businesses to invest in proactive cybersecurity measures. The swift adoption of Artificial Intelligence has not only fueled growth but also created new opportunities for cybercriminals to exploit AI for increasingly sophisticated attacks, according to Kaspersky. The global cybersecurity and digital privacy firm emphasizes the urgent need for businesses to invest in proactive cybersecurity measures to tackle these modern challenges. Kaspersky has integrated AI across its products, employing advanced AI models to combat threats and enhance user protection by fortifying technologies against evolving cyberattacks. Cybercriminals are leveraging AI in unprecedented ways, from utilizing ChatGPT to craft malicious software and automate attacks on multiple users, to misappropriating AI tools for tracking smartphone inputs—potentially capturing sensitive information like messages, passwords, and banking codes. According to 2023 data, Kaspersky successfully safeguarded 220,000 businesses worldwide and thwarted approximately 6.1 billion attacks through its solutions. Additionally, the company reported that 325,000 unique users were shielded from potential financial theft due to banking trojans. In 2024, Kaspersky has been detecting an average of over 411,000 malicious samples daily, a slight increase from 403,000 samples the previous year. A recent study on AI-driven password cracking revealed that most passwords are stored using cryptographic hash functions. While a text password can be transformed into an encrypted string, reversing this process remains challenging. Notably, the largest password leak to date contained around 10 billion entries, with 8.2 billion unique passwords identified as of July 2024.

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