June 2024 - Great Oak Digital, LLC

AI has become a buzzword that often evokes a mix of awe, doubt and even fear, especially when it comes to cybersecurity. However, the fact is that if used effectively AI can revolutionize the way businesses like yours operate.

That’s why you must cut through the noise and separate fact from fiction if you want to leverage AI effectively. In this blog, we’ll debunk some common misconceptions about AI in cybersecurity.

Let’s dive in.

AI in cybersecurity: Fact from fiction

There’s a lot of misinformation surrounding AI in cybersecurity. Let’s dispel some of these common AI myths:

Myth: AI is the cybersecurity silver bullet

Fact: AI isn’t a one-size-fits-all solution for cybersecurity. While it can efficiently analyze data and detect threats, it’s not an easy fix for everything. You can use AI security solutions as part of a multi-pronged cybersecurity strategy to automate tasks, pinpoint complex threats and assist your IT security professionals.

Myth: AI makes your business invincible

Fact: Cybercriminals are always finding new ways to exploit your IT systems, and it’s only a matter of time before they discover ways to breach AI solutions as well. AI alone can’t protect your business. Think of AI as a top-notch security system that is made better through regular vulnerability updates and staff education.

Myth: AI is a perfect tool and always knows what it’s doing

Fact: Don’t trust all the marketing gimmicks around AI. Yes, AI security is indeed a “super cool” tool. But keep in mind that AI is still an evolving technology, and there’s much to be perfected. Some companies make loud claims about their AI security tools. An honest vendor, however, will tell you that AI is not magic. If you give it time, AI can learn and adapt on its own.

Myth: AI does everything on its own

Fact: AI doesn’t fly solo! While AI is great at sniffing out suspicious activities, it still requires human intervention. You can set the goals for AI, analyze what it finds and make the final call on security decisions. There are also times when AI can sound the alarm for no reason; that’s when you need the expertise of your security team to say, “False alarm!”

Myth: AI is for big companies with deep pockets

Fact: AI security solutions are now within reach for businesses of all sizes as they are becoming more affordable and easier to use. Moreover, the availability of cloud-based AI solutions means that businesses, regardless of their size, can leverage AI without breaking the bank.

Empower your cybersecurity

Fortify your business with the help of AI-powered cybersecurity solutions. Don’t do it alone. Get some expert help. Partner with an experienced IT service provider like us. Our IT experts can assist you in understanding your security needs, finding the perfect AI solutions for your business and ensuring they’re implemented effectively.

Managing a financial organization is challenging enough without worrying about cyberattacks. However, there is cause for alarm as hackers are using artificial intelligence (AI) to launch sophisticated cyberattacks to steal your data and disrupt business operations.

The good news is there are steps you can take to protect your organization. This blog will explain how AI is being used in cybercrime and how you can safeguard your business.

How hackers use AI

Here are some of the ways cybercriminals are exploiting AI:

Deepfakes: Hackers use AI to create highly realistic fake videos or audio recordings to impersonate someone you know, like your CFO or a trusted colleague. These deepfakes can be used to trick you into transferring funds or sharing sensitive financial information.

How to spot it: Closely look for details like unnatural facial movements or sloppy voice synchronization.

AI-powered password cracking: With the help of AI, cybercriminals can effortlessly crack common and easy passwords. Hackers with access to advanced computation offered by AI can automate the breaching process, so they can try millions of combinations to guess your password.

How to fight back: Always use unique passwords. Consider using a password manager.

AI-assisted hacking: Hackers no longer have to spend hours looking for vulnerabilities. Instead, with the help of AI, they can create automated programs that not only identify weaknesses in your system but also create new types of malware.

How to stay ahead: Keep your security systems and software updated. Also, set up a mandate to scan for vulnerabilities routinely.

Supply chain attacks: Threat actors use AI to insert malicious code into legitimate vendor products, which eventually will compromise your system as well.

How to protect yourself: Only download software from trusted sources. Always be vigilant with updates and patches.

Boost your defenses

AI-powered cybercrime is a growing threat. That’s why having a strong IT partner by your side can be the ultimate weapon in your arsenal. Partner with us to leverage advanced technology to fortify your defenses.

Reach out to us today for a free consultation and learn how our team can secure your organization against evolving cyber risks.