Two hospitals in Ohio and West Virginia turned patients away due to a ransomware attack that led to a system failure. The hospitals could not process any emergency patient requests. Hence, they sent incoming patients to nearby hospitals. It is due to incidents like these that cyber threats are one of the top concerns for several industry leaders today. However, such situations can be avoided with modern technologies such as artificial intelligence and machine learning.
There's a war raging between criminal hackers and corporate computer defense systems -- and when it comes to wars, military organizations know how to fight them best. The Israeli military is known for the high quality of its cybersecurity training, and that's what Cyberbit's Cyber Range offers: The same military-grade training and simulation systems. Also: Pentagon documents the military's growing domestic drone use Cyberbit was founded in 2015 as a subsidiary of Elbit Systems, a leading Israeli defense contractor. Its goal is to commercialize the cybersecurity training and technologies Elbit had developed in its work with Israel's military and government agencies. Distributing this former military technology more widely makes sense in today's world, because all companies are essentially on the front lines of a raging cyber war.
In this guide, we look at some of the latest innovations that are helping companies to defend themselves against cyber attacks in 2020. The words of the former FBI Director, Robert Mueller, ring true in 2020: "There are only two types of companies: those that have been hacked, and those that will be." The rapid growth of criminal software development coupled with the cybersecurity skills shortage have also contributed to the rise in cyber attacks. As such, it is more important than ever for IT teams to be vigilant in their security practices and policies. Bromium estimates that the cybercrime economy is currently worth $1.5 trillion.
Forbes published an intriguing story about the capacity of AI to serve as a kind of cybersecurity sheriff. Published on February 6, the story stated that AI has already displayed limitless potential in applications across different industries. That much is certainly true. It goes on to say that deploying AI for cybersecurity solutions will help protect organizations from existing cyber threats and help identify newer malware types too. Additionally, AI-powered cybersecurity systems can ensure effective security standards and help in the creation of better prevention and recovery strategies.