Orgs Face Record $4.5M Per Data Breach Incident
The average cost per data breach for business in 2023 jumped to $4.45 million, a 15% increase over three years. But instead of investing in cybersecurity, 57% of breached organizations told IBM they were inclined to just pass those costs onto consumers. The final total for the year could be even higher: With organizations struggling…
How the EU AI Act Will Affect Businesses, Cybersecurity
Experts are ringing the alarm bells over the risks unfettered development of artificial intelligence (AI) technology could pose to humanity. Enter the European Union (EU), already a leader in data protection and privacy rights, where the EU Parliament has agreed on a law governing AI technology. Jonathan Dambrot, CEO of Cranium, says it’s not surprising…
Cisco launches new network, security, and observability solutions and previews generative AI capabilities for Webex and Security Cloud
Cisco’s innovative technologies help connect the dots of its network- and cloud-based ecosystem. A tremendous number of enterprises and service providers view Cisco as the nexus of their network, security, and cloud operations. At the company’s Cisco Live customer and partner conference in June, Cisco boldly connected the dots of a network- and cloud-based ecosystem…
‘Good’ AI Is the Only Path to True Zero-Trust Architecture
Threat actors armed with artificial intelligence (AI) tools like ChatGPT can pass the bar exam, ace an Advanced Placement biology course, and even create polymorphic malware. It’s up to the cybersecurity community to put AI to work to combat it. RSA CEO Rohit Ghai used the opening keynote of this year’s RSAC in San Francisco,…
Safe Security Raises $50M to Bring ML to Risk Quantification
A cyber risk quantification startup backed by ex-Cisco CEO John Chambers has raised $50 million to apply machine-learning technology and build more API adapters. The Silicon Valley-based company said the Series B funding will allow Safe Security to capitalize on generative artificial intelligence to help nontechnical leaders better understand their organizations security postures, said co-founder…
Italy Temporarily Blocks ChatGPT Over Privacy Concerns
Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules, the government’s privacy watchdog said Friday. The Italian Data Protection Authority said it was taking provisional action “until ChatGPT respects privacy,” including temporarily limiting the company…
Darktrace Publishes 2022 Cyberattack Trend Data For Energy, Healthcare & Retail Sectors Globally
Darktrace, a global leader in cyber security artificial intelligence, today released three new cyber-threat trend reports revealing 2022 attack data observed across its global customer fleet.1 The industry reports pertain to the energy, healthcare, and retail sectors respectively. “These industry-specific reports are the first of their kind released by Darktrace, representing an important effort to…
ChatGPT Showcases Promise of AI in Developing Malware
Cybercriminals have lost little time in converting the artificial intelligence capabilities of ChatGPT to malicious purposes by using it to generate malware scripts. Security researchers at Check Point found members of the low-level hacking community Breach Forums posting over the past few weeks the results of interactions with the OpenAI-developed tool. They include a machine-learning…
7 Ways to Bring AI to Cybersecurity
New ransomware variants and deceptive techniques such as living off the land and store now, decrypt later are sidestepping heuristic analysis and signature-based malware detection. Behavior-based tools can compare network activity against an established norm and flag when they detect unusual and suspicious actions and patterns. Powered by artificial intelligence and machine learning, such tools…
Tony Jarvis on Shifting Security Gears as We Move to the Cloud
The pandemic-propelled shift to work-from-home and bring-your-own-devices accelerated the already expanding move to the cloud. IDC predicts that global cloud spending will grow from $703 billion in 2021 to $1.3 trillion in 2025. Statista reports that the percentage of corporate data stored on the cloud rose from 30% in 2015 to 48% at the beginning…
