Ransomware encrypts files or blocks access to the system or network. Once access is blocked, the hacker asks for money depending on the criticality of the data or the size of the organization.
Fremont, CA: Enterprises are investing in emerging technology, whether intelecommunications, artificial intelligence, space exploration, combating critical diseases or climate analysis. With the aid of digitization, at the same time, everything is linked and vulnerable.
The Biggest challenges in 2021
Artificial Intelligence:
Artificial Intelligence has changed the age by working not only on the defense side but also on the attacker side. Biometric login is one of the examples of Artificial Intelligence. After a lot of testing and modeling, AI can learn anomalies in activity patterns that can be used as a defensive tool – but sadly, these same techniques can be used by hackers, phishers or thieves to launch cyber attacks.
Technical skills gap:
According to recent research by the Department for Digital Culture, Media & Sport (DCMS), about 6,53,000 organizations (48 percent) in the United Kingdom are unable to perform basic tasks identified by the Government Cyber Essentials Scheme, such as firewalling, data storage, and so on. According to the study, 4.08,000 companies (30 percent) lack specialized cybersecurity skills such as Pen Checking, forensics, etc. The report also notes that 25 percent complained that this had had an impact on their company.
Ransomware:
This is the fastest-growing cyberthreat to grab the headlines these days. Ransomware encrypts files or blocks access to the system or network. Once access is blocked, the hacker asks for money depending on the criticality of the data or the size of the organization. In these cases, besides the loss of data to victims, financial and productivity losses, and additional IT costs, in addition to legal fees, cybersecurity challenges can also be a major problem.
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