There has been an undeniable increase in both the frequency and severity of cyber attacks over the past few years. The worst incidents of cybercrime, including large data breaches, microchip defects, cryptojacking, and many others, have occurred in recent years.
It goes without saying that as time passes and digital media becomes more widely used, hackers will become more sophisticated in their methods. Furthermore, these hackers prey upon individuals and online businesses like Ignitioncasino who focus least on cybersecurity. They will attack any website, from a fresh blog to an old online store, in an effort to steal private information.
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1. Deepfake
The term “deepfake,” which was invented by Reddit users in 2017, refers to a maliciously created fake video or audio recording. Video deepfakes can be made by simply switching out the faces in a clip or re-recording the dialogue in a clip, techniques that have been used by both amateurs and criminals.
Because today’s algorithms are so much more capable of processing data, this AI-based technology has been steadily advancing. Cybercriminals, taking advantage of the increasing sophistication of the technology, sow discord in a wide range of industries, most notably the financial sector, the media, and the political sphere. Even election cycles are vulnerable to deepfake.
These AI-generated phony movies or audios have the potential to disrupt business operations, impersonate CEOs, steal millions of dollars, and distribute false information about companies. Because of its potential for rapid development in the future years, deepfake poses a significant cybersecurity risk for all businesses.
Read: 10 Best Deepfake Apps and Websites You Should Try
2. Cloud Vulnerability
It is clear from the findings of the Oracle and KPMG Cloud Threat Report 2019 that cloud vulnerability is and will remain one of the most pressing cybersecurity issues for businesses today. This is due to the fact that businesses are increasingly using cloud-based services and storing private information about their personnel and activities there.
When businesses start using the cloud, it compounds existing problems while introducing new ones. According to Forbes, 83% of business workloads were performed on the cloud in 2020. These companies are easy prey for hackers looking to do harm. Companies who don’t engage in a solid cloud security plan will continue to be vulnerable to the likes of data breaches, misconfigurations, unsecured interfaces and APIs, account hijacking, malicious insider threats, and distributed denial of service (DDoS) assaults.
3. AI-Enhanced Cyberthreats
The advent of AI and ML has affected every market. AI is being more widely adopted in the business world because of the profound changes it may bring to industries like advertising, production, safety, and logistics.
Cybercriminals, however, are also finding AI to be a useful tool. It’s important to remember that the same artificial intelligence skills used to detect and thwart cyberattacks may be exploited by cybercriminals to launch highly sophisticated cyberattacks in the form of complex and adaptive malicious software.
As a matter of fact, AI fuzzing (AIF) and ML poisoning are poised to become major concerns in the world of cybersecurity.
Individuals are often the targets of cyber assaults because they save sensitive information on their mobile devices and connect to the internet over unsecured public Wi-Fi. Therefore, greater cyber security requires keeping tabs on cyber threats as they grow in sophistication and frequency.