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5 #Reasons Why a #Credit Freeze Isn’t Enough to Help Protect #Against #Identity Theft

Source: National Cyber Security News

When a data breach happens, it’d be great if you could simply prevent identity theft with a credit freeze. The truth is, nothing can prevent identity theft, although there are things you can do to help protect against it.

Still, with identity thieves taking aim at everything from tax refunds to bank accounts, it’s worth asking the question: “Is a credit freeze a good idea?

It can be. But it may not be enough. Here’s why.

When your personal information is exposed in a data breach, you could face a greater chance of becoming a victim of identity theft. More of your information could be out there. And if it is, it might be for sale on the dark web for criminals to acquire.

Consider this statistic: You are 11 times more likely to be a victim of identity fraud if you are notified of a breach. That’s according to the 2017 Identity Theft Study by Javelin Strategy & Research.

No one wants their personal information stolen in a data breach. But if it happens to you, you’ll probably want to do whatever you can to help protect yourself against identity theft.

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Artificial #Intelligence is #Important for #Cybersecurity, But It’s Not #Enough

Source: National Cyber Security – Produced By Gregory Evans

The advent of Artificial Intelligence has brought with it a new scope for cybersecurity. Why the artificial intelligence is important for cybersecurity?

The advent of Artificial Intelligence has brought with it a new scope for cybersecurity. After all, an intelligent security system is expected to overcome any sophisticated threats. However, many security experts believe that AI is a double-edged sword and hence it could become dangerous at an epic level if it gets into the wrong hands. Let us make a quick analysis on the unison between cybersecurity and AI.

Cybersecurity is the need of the day. As if we didn’t have enough to worry about with terrorists running wild – always looking to inflict damage – we now have to worry about Cybercriminals as well. And in many cases, they can be a lot more dangerous than your average terrorist.

The significance of having a perfect cybersecurity strategy or solution has grown over the years. All the credit goes to the proliferation of smart devices on the Internet. Also, because of the growing endpoints that are always connected to the cyberspace, cybercriminals now have a plethora of opportunities to infiltrate devices.

Not only do hackers have more entry points to breach, but they also have more sophisticated tools to penetrate even into highly-secured devices or networks. How are they doing it? By mass producing sophisticated malware.

According to the 22nd threat report by Symantec, it is found that over 300 million malware were detected in 2016 alone. Not only this! John – the contributor at thebestvpn, shared the shocking statistic that one in every 131 emails contains a malware. The massive figure presents quite a shocking blow to businesses who then rush to come up with a more potent cybersecurity solution.

Moreover, we can’t ignore the fact that with the passage of time, cybercriminals have become smarter and more adept at countering traditional security practices. A survey conducted in 2017 of 70 professional hackers and pen testers found that 60% of hackers claim they can compromise a system within just 6 hours. Plus, over 80% of the hackers and testers said they could remain hidden from the network for 100 days after stealing sensitive data.

To combat such threats, we need to come up with a disruptive security technology that is not only efficient, but also proactive, faster and more intelligent. One such disruption that can prove itself an ideal security solution is Artificial Intelligence (AI).

Artificial Intelligence & Cybersecurity: A Perfect Unison or a Calamity

When we talk about Artificial Intelligence, the first thing that pops into our mind are technologies like Tesla’s self-driving cars or the Amazon Echo. This is because we take AI only as a “Buzzword” and nothing else.

Regardless, AI can offer more firepower when it comes to cybersecurity. It can cover the lack of manpower that we see in this highly complex field. Likewise, it can run things faster and hence detect threats before they could compromise a system and inflict damage.

Although there is a lot of potential in Artificial Intelligence for tackling complex cyber threats for good, there are some aspects that make it a double-edged sword. Before we move on to the other aspects of AI, let’s take a look at why it seems to be a great cybersecurity tool.

The Significance of AI as a Security Solution

IT experts at a company have a lot on their hands to monitor and analyze. They are always challenged with sifting through loads of security logs and activities, finding security threats that could pose a serious threat and coming up with mitigation strategies to contain it.

Moreover, there are weeks and months of logs that need to be scrutinized and vetted for security purposes. Identifying any abnormality in such vast amount of data and then formulating the right solution require not only more manpower but also more tools and resources.

However, an AI-powered machine can greatly assist IT personnel in monitoring, tracking and detecting anomalies efficiently.

Ryan Permeh, Cylance Chief Scientist, said in an online interview conducted by CSOOnline, “Historically, an AV researcher might see 10,000 viruses in a career.  Today there are over 700,000 per day.” He further states that his security firm uses AI to tackle such attacks.

Apart from that, AI as a security tool can help with the lack of manpower that the cybersecurity industry is currently facing. Over 40% of organizations claim that they suffer from a “problematic shortage” of talent in cybersecurity.

Shahid Shah, the CEO of Netspective Communications, claims that there is a lot of skill shortage in different cybersecurity areas such as advanced malware prevention, compliance, IDS/IPS, identity and access management, etc.

Shah further states that by implementing AI, security firms can depend on “computers to do the grunt work and leave humans to the decision-making.”

Why AI Currently Isn’t a ‘Perfect’ Cybersecurity Solution

If AI can be used to shield our systems or networks from cyber-attacks, it is rational to expect the technology being used for more attacks. Shortly, when AI becomes more automated and developed, we might see more sophisticated cyber-attacks carried out by intelligent malware or viruses.

In fact, Endgame’s security expert, Hyrum Anderson has proved just that at the DEF CON 2017. The team demonstrated an intelligent application that can re-engineer a malware and make it undetectable to even a smart antivirus. A group of researchers was successful in circumventing the protective layers of the AI-powered antivirus with its AI-powered malware 16% of the time.

The research was conducted to show that even AI can have blind spots that could be used to compromise systems.

The demonstration Hyrum Anderson presented isn’t the only research that indicates the negative implications of relying solely on AI. In fact, another research conducted by a security firm, Cylance, predicts AI “weaponization” soon.

According to the research, 62% of security experts believe that AI-powered cyber-attacks will increase in the near future, and hence the technology will be used as an intelligent cyber weapon.

“While AI may be the best hope for slowing the tide of cyberattacks and breaches, it may also create more advanced attacker tactics in the short-term,” says Cylance.

Final Say

AI-powered systems may reinforce our cybersecurity infrastructure, enabling our workforce to detect, contain, mitigate or stop cyber threats. However, relying solely on an intelligent technology that could be molded at our will can be dangerous. Plus, an AI-enabled attack may prove to be detrimental at an epidemic level.

The post Artificial #Intelligence is #Important for #Cybersecurity, But It’s Not #Enough appeared first on National Cyber Security Ventures.

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Why #micro SMEs are still not taking #cyber security seriously #enough

Why #micro SMEs are still not taking #cyber security seriously #enoughSource: National Cyber Security – Produced By Gregory Evans A recent survey of 2,000 UK businesses looking at digital transformation showed the number of businesses with formal strategies had doubled over the last year to 63%. However, businesses with less than 50 employees lagged behind with 64% not having a formal plan, compared to 91% […] View full post on AmIHackerProof.com | Can You Be Hacked?

Are you paying enough attention to cyber security?

Source: National Cyber Security – Produced By Gregory Evans

Poor cyber security may harm your company’s reputation, lose you customers and result in huge fines. The sheer volume of cyber attacks is dramatically increasing. According to recent figures, 46pc of companies suffered a cyber attack or breach on their computer systems last year. In 2015, this figure was just…

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All my life, men have told me I wasn’t pretty enough …..

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Employers aware of cybersecurity threats but not proactive enough

Source: National Cyber Security – Produced By Gregory Evans

Employers aware of cybersecurity threats but not proactive enough

Although the study shows that businesses are gradually shifting from a defensive to an offensive stance in fighting cyber attacks, they’re largely ill-equipped to take on current challenges. A 2015 Spiceworks study showed hat while 80% of companies experienced a cyber attack, only 29% had a cyber expert on staff….

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Is cybersecurity enough to stop modern-day hackers?

Source: National Cyber Security – Produced By Gregory Evans

Is cybersecurity enough to stop modern-day hackers?

After a global cyberattack hit millions of computers in more than 150 countries, there’s high demand for cybersecurity, and questions over whether there is any defense against modern hackers. It’s a wake up call for world leaders and security experts – the ransomware attack that seized millions of computers and impacted thousands of companies. In the aftermath of the chaos, …

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Why Monitoring Tools Aren’t Enough to Prevent Cybersecurity Breaches

Source: National Cyber Security – Produced By Gregory Evans

Why Monitoring Tools Aren’t Enough to Prevent Cybersecurity Breaches

There are literally millions upon millions of attempted cyber-attacks being executed each and every day. Yet, many organizations are still only employing the bare minimum in cybersecurity protection – monitoring systems. While these programs may have once been sufficient in …

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We Need Leaders Strong Enough To Be ‘Humble and Kind’ – Leadership 360 – Education Week

Everyday the news reports that people reveal that they are stressed, nervous, fearful and ‘can’t wait for the election to be over’. Don’t think this doesn’t filter into the lives of children.

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Industry steps up on IoT cybersecurity — is it enough?

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Source: National Cyber Security – Produced By Gregory Evans

Industry steps up on IoT cybersecurity — is it enough?

The results of an attack on the industrial internet of things could be as bad a Bhopal or Chernobyl, warn some the largest corporations in the world.
A consortium of some of the largest multinational corporations in the world has

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