As the AI industry continues to grow and develop, it is important to keep in mind the potential impact on our lives and businesses. AI can be a powerful tool for good, but we must also consider how it could be used maliciously by bad actors with malicious intent.
Category: Reputation Risk
Key Cybersecurity trends of 2023 by Digijaks CEO Alan W. Silberberg
Cyber attacks are on the rise, and with them comes a unique set of challenges. The digital world we have created is both an exciting and worrisome place; it's exciting because we're now able to interact with each other in ways that were previously impossible, but it's also worrisome because this new world has given birth to new dangers. In today's digital age, cyber attacks are becoming more frequent and can cause more harm than ever before. As a result, there has been an increase in the need for cyber personal defenses – especially when it comes to reputation management (reputation management).
Cyber, reputation, and wealth connections reveals a lot about all of us. All of us work hard to build wealth, reputations and good lives. Digital and reputation security risks are growing daily; and are something that should be taken very seriously. The risks faced by all of us are actually much more prescient than many realize. Celebrities who have a lot of money are prime targets for social engineering attempts. They often have an increased risk of being targeted by extortionists and hackers, who want to use their personal information against them. What about CEOs? Family office heads? Your parents? People of all stripes are at an increased risk of being targeted by hackers.
IoT devices vulnerable to all kinds of cyberattack. This is because there was a rush to ship them and make them available for consumers. They are generally inexpensive and mass produced.
Reputation risk by absence of multifactor authentication. This is a growing problem. Same for the cybersecurity risk. Digijaks sees the two together combined as at major risk from the absence of multifactor authentication.
Cyber + reputation risk from deepfakes, AI, AR, VR is growing rapidly. We are living in the age of AI (Artificial Intelligence) combined with MI (Machine Intelligence) where everything is becoming digital and automated. The problem with this is that it also means that we are opening up a lot of doors for cyber attacks.
Quantum computing does alter, sometimes permanently both reputation risk and cybersecurity risk in multiple ways. These changes affect businesses, and therefore what they should do to prepare for these changes. Quantum computing does change personal reputation risk as well.
Cryptocurrencies are valuable, and they can be stolen. It is a fact that has been well-known in the cryptocurrency space for a while now. When cryptocurrencies were first introduced, they were touted as being “unstealable” because of how difficult it would be to transfer them from one person to another. However, as cybercrime evolved and advanced over time, hackers found ways to breach these supposedly impenetrable systems with relative ease. Despite this risk factor, many corporations continue to invest heavily in crypto-related startups that are targeted by these malicious actors.
You can think of social engineering as the art of deception. The attacker will try to get you to give them something they want without realizing what's happening—it could be your username, password, credit card number, or even your identity.