Rise in cyber threats due to AI advancements, impacting companies like Microsoft and cybersecurity firms.

From Nasdaq: 2024-05-08 10:24:00

Tim Beyers and Tim White discuss the rise of cyber threats and the implications for companies like Microsoft, CrowdStrike, and Zscaler. Data compromises hit a record high in 2023, increasing by 78% from the previous year. AI is being used by cybercriminals to train hackers faster and create convincing phishing attacks. UnitedHealthcare reported nearly $1 billion in damages from a ransomware attack, highlighting the growing cyberwar. As state-sponsored hacking groups target companies and governments, the US struggles to keep up with the financial incentives offered to hackers. AI is accelerating the number of data breaches, as it is used by cybersecurity firms for threat detection and by hackers to create convincing phishing attacks. Microsoft’s new vocal AI trainer can replicate any voice with just two seconds of audio.



Read more at Nasdaq: More AI = More Cyberthreats