Costing trillions - how AI is increasing the pain of cyber-attacks

0
3χλμ.

In 2023, cyber-attacks from data breaches to hostile account takeovers were estimated to have cost $8tn globally.

 

This year, that is expected to rise to $9.5tn, as reported by research company Cybersecurity Ventures. The rise of AI technology is likely push this even higher, almost doubling in the next six years.

A survey conducted from 2018-23 with industry leaders by Statista revealed that cyber-attacks are one of the biggest threats to business, with a third saying such incidents were now their top concern.

Cyber-threats such as data breaches, identity theft, and fraudulent transactions lead to financial losses, invasions of privacy, and long-lasting consequences.

This is a cat-and-mouse game of vast expense. Both attackers and defenders constantly develop new tools and techniques to outwit one another, while geopolitics and economic conditions can influence the frequency and nature of cyber-attacks. This can make cost predictions complex.

While data breaches represent a significant aspect of the cyber-threat landscape, the scope of cyber-attacks extends much further. Globally, the Middle East retained its position as the second-most affected region, with an average data breach cost of $8m, an increase of 8.2% from 2022.

 

***

 

 

Like
1
Αναζήτηση
Κατηγορίες
Διαβάζω περισσότερα
Cloak & Dagger
Red Sea Ships Cautioned After Suspected Houthi Missile Hits Vessel Off Hodeidah
The UK Maritime Trade Operations cautioned ships traveling in the Red Sea on Monday to exercise...
από Operation Prosperity Guardian 2024-03-12 12:01:12 0 9χλμ.
Cloak & Dagger
Will IDF flood Hamas tunnels?
IDF reportedly considering flooding Hamas’ vast tunnel network.   One of the options...
από Israel Swords of Iron Ops 2023-11-20 19:25:14 0 8χλμ.
Analysis
Russia targeted by 12 separate packages of EU sanctions
On December 18, the European Union officially approved its 12th package of sanctions against...
από NavyVetUnited 2023-12-19 11:50:18 0 8χλμ.
Real Time Facts
After Guyana, Ecuador becomes a new point of tension in Latin America
Amid the worsening situation around Guyana, Ecuador is becoming a new alarming point on the map...
από NavyVetUnited 2024-01-10 07:30:24 0 8χλμ.
News & Politics
Jared Kushner Reveals Trump's Vision: "Ten Countries Will Join the Abraham Accords After Saudi Arabia"
In an extensive interview, Jared Kushner, former senior advisor and son-in-law of President...
από NavyVetUnited 2024-12-22 10:13:28 0 2χλμ.