Last Updated: February 10, 2024, 15:00 IST
AI might result in elevated cyber assaults. (Image: Reuters/Representative)
According to cloud-enabled safety options supplier Barracuda Network, about 71 per cent of respondents had skilled a ransomware assault over the past 12 months, and 61 per cent paid the ransom.
One in two (50 per cent) individuals imagine Artificial Intelligence (AI) will allow hackers to launch extra assaults, a brand new report has mentioned.
According to cloud-enabled safety options supplier Barracuda Network, about 71 per cent of respondents had skilled a ransomware assault over the past 12 months, and 61 per cent paid the ransom.
“Proactive monitoring and attack detection to prevent progression to more severe stages like data exfiltration or ransomware is key. By preparing for these scenarios today, organisations can significantly reduce the impact and cost of these incidents,” mentioned Fleming Shi, CTO, Barracuda.
The report surveyed a complete of 1,917 IT safety practitioners within the US (522), the UK (372), France (329), Germany (425), and Australia (269) in September 2023.
The closing pattern of respondents represented enterprises with a headcount between 100 and 5,000.
Moreover, the report famous that the common annual price to answer compromises was $5.34 million.
A majority (57 per cent) of respondents reported their organisations suffered a number of cyberattacks within the final 12 months.
About 48 per cent mentioned their organisations suffered a knowledge breach within the final 12 months and misplaced, on common, 340,267 particular person information.
Among the big variety of assault sorts, respondents mentioned their organisations skilled, denial of service (52 per cent), phishing/social engineering (48 per cent), and credential theft (41 per cent) ranked because the three most typical.
“Hackers follow a similar path, but instead of beginning with researching products for potential purchase, they begin by discovering thousands of potential targets. Then they move down the funnel to identify those targets with vulnerabilities they can exploit, launch their attacks, and finally, reap their rewards,” the report mentioned.
While greater than half (54 per cent) of respondents mentioned attackers’ elevated use of AI or GenAI would require new approaches to securing the organisation, solely 39 per cent imagine their safety infrastructure is satisfactorily geared up to guard towards GenAI-powered safety assaults.
(This story has been edited by News18 employees and is printed from a syndicated news company feed – IANS)
Source web site: www.news18.com
