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artificial intelligence

cyber threat
SMBs at risk as AI misconceptions lead to overconfidence

Despite advancements in IT security measures, SMBs remain firmly in the crosshairs of cybercriminals, according to Devolutions. Ransomware payments and IoT malware incidents …

fraud detection
AI strengthens banking’s defense against fraud

Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, …

money
AI-related security fears drive 2024 IT spending

Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While …

AI
Humans are still better than AI at crafting phishing emails, but for how long?

Humans are still better at crafting phishing emails compared to AI, but not by far and likely not for long, according to research conducted by IBM X-Force Red. Creating …

data analytics
CISOs struggling to understand value of security controls data

Many CISOs are grappling with the conundrum of the purpose and value of security controls data in supporting critical business decisions, according to Panaseer. The biggest …

email
Security leaders have good reasons to fear AI-generated attacks

Generative AI is likely behind the increases in both the volume and sophistication of email attacks that organizations have experienced in the past few months, and it’s …

privacy
Consumers are taking action to protect their privacy

Younger consumers are taking deliberate action to protect their privacy, as 42% of consumers aged 18-24 exercise their Data Subject Access Rights, compared with just 6% for …

fighting ransomware
Bracing for AI-enabled ransomware and cyber extortion attacks

AI has been the shiniest thing in tech since at least November 2022, when ChatGPT was made available to the masses and unveiled the transformative potential of large language …

Microsoft Security Copilot
Microsoft announces wider availability of AI-powered Security Copilot

Microsoft Security Copilot has been made available to a larger number of enterprise customers, via an invitation-only Early Access Program. What is Microsoft Security Copilot? …

AI
Only a fraction of risk leaders are prepared for GenAI threats

While 93% of companies recognize the risks associated with using generative AI inside the enterprise, only 9% say they’re prepared to manage the threat, according to …

AI
GenAI investments surge, anticipated to hit $143 billion by 2027

Enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023, according to IDC. This spending, which includes GenAI software and related infrastructure …

AI
2024 cybersecurity predictions: GenAI edition

Unless you have lived under a rock for the past year, you know that generative artificial intelligence applications, such as ChatGPT, have penetrated many aspects of our …

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