Along with the rise of information technology comes a rise in cybercrime and cybersecurity breaches. Check out our top 12 cybercrime facts and statistics to learn more about cybercrime and how it may affect you and your business. Looking for ways to keep your personal information safe? The increasing rates of hacking, data leaks, and other cybercrimes may seem scary. Understanding what cybercrime looks like is the first step to preventing it.
People generally appreciate how the new wave of artificial intelligence-powered chatbots from Web giants can perform basic online tasks on our behalf. Who doesn't like having the ability to order a large pepperoni pizza by speaking five words into a smartphone? But security experts warn there's not much to stop cybercriminals from using AI technology to take social engineering hacks and identity theft to scary new levels. A dire warning about the increasing use of AI technology by cybercriminal was issued by Intel (NASDAQ: INTC) last month. Eric Peterson, a Director of Threat Research at Intel Security, warned that machine learning is starting to crop up in sophisticated scams that have already netted $3 billion for the bad guys.
Companies may now have to set their sights on defending against cybercriminals armed with artificial intelligence. Even as companies adopt AI to help fight cyberattacks, the criminals are also on the trail of enhanced machine-learning skills. Many cybersecurity companies are starting to invest or implement AI in their cybersecurity solutions and it is giving their security teams a significant boost, according to a recently released report commissioned by McAfee. However, usage of AI and machine-learning technologies aren't limited to the good guys. Cybercriminals are starting to use these solutions to sift through large amounts of data to "classify victims that have weaker defenses" so they can get the maximum "return on their investment," Steve Grobman, chief technology officer for McAfee, told Bloomberg BNA.
Over the last ten years cars have become packed full of new technology that makes it easier to play music and movies, take calls, or get directions all from your dashboard. But this digitization has come at a cost, giving cybercriminals a seemingly endless amount of access points to take over vehicles. Cybersecurity firm IntSights recently released, "Under The Hood: Cybercriminals Exploit Automotive Industry's Software Features," a study on how hackers are managing to get into cars and do damage. The study notes that hackers have infiltrated automotive systems and hardware since 2010. "The pressure to deliver products as fast as possible puts a big strain on vehicle security capabilities, manufacturing facilities, and automotive data. Industry leaders have since come to understand that cybercrime threats to cars were not as far-fetched as originally thought," the report said.