Cyber security pros alarmed by AI and Ransomware as a Service

May 31, 2024
1 min read

TLDR:

  • Cyber security provider Nclose highlights AI, accelerated cyber attacks, and ransomware-as-a-service (RaaS) as top threats to organisations.
  • Cyber attackers are leveraging AI to amplify the scale and speed of their offensives, while defenders are also using AI to support their efforts.

Cyber security provider Nclose has raised concerns over the increasing threats posed by AI, accelerated cyber attacks, and ransomware-as-a-service (RaaS) to organisations. These threats have enabled cyber criminals to collaborate and execute coordinated attacks faster and more effectively. Stephen Osler, co-founder and business development director at Nclose, points out that cyber attackers are leveraging AI to escalate the scale and speed of their offensives, resulting in a significant increase in the volume of attacks during Q1 of 2024.

Despite the rise in cyber attacks, cyber defenders are using AI to support detection technologies, leading to notable decreases in dwell times (the time from breach to detection). However, Osler warns that cyber attackers are manipulating major events to exploit emotions, emphasizing the importance of awareness and readiness in navigating the evolving digital security landscape.

The landscape of cyber warfare is constantly changing, with attackers utilizing advanced technologies to target traditional enterprises. Navigating this landscape requires a proactive approach and staying ahead of emerging threats to ensure effective cyber security measures.

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