Top-10 Cybersecurity Risks with AI

Cyber Strategy Institute
CodeX
Published in
4 min readAug 29, 2023

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It is fascinating to realize that AI not only enhances but also elevates current attack methods. Here is our list of the most likely attack types that will leverage Artificial intelligence (AI).

AI is going to super charge these Top-10 Risk Areas

  1. Ransomware. Ransomware is a type of malware that encrypts a victim’s data thus enabling the criminals to demand a ransom payment in order to decrypt it. Ransomware attacks are on the rise, and they can be very costly for businesses. The types of these attackes will increase in varity and speed with the help of AI.
  2. Social engineering. Social engineering is a technique that uses human psychology to trick people into giving up their personal information or clicking on malicious links. Social engineering attacks are often very effective, because they exploit people’s natural tendency to trust others. This will become easier with the help of AI tools being able to write better content for the criminals. The attacks will become harder and harder to spot even for the professionals.
  3. Third-party attacks. Third-party attacks occur when a cybercriminal targets a third-party vendor that has access to a victim’s network. Defending against this kind of attack can be extremely challenging, as the victim may only realize their vulnerability when it's already too late. Especially through APIs, SaaS, or Anything as a Service really becomes a vector that you are going to have to account for.
  4. Supply chain attacks. Supply chain attacks occur when a cybercriminal targets a supplier or other partner in a victim’s supply chain, such as the software they use. This attack is highly effective as it allows cybercriminals to access the victim's network without going through their defenses.
  5. Cloud-based attacks. Cloud-based attacks are on the rise, as more and more businesses move their data and applications to the cloud. As a result of businesses moving their data, Intellectual Property (IP) and connecting to multiple cloud infrastructures, they have never been more exposed to being targeted for their data through the applications that are stored in the cloud.
  6. IoT attacks. The Internet of Things (IoT) is a rapidly growing network of connected devices. These devices are often not very secure, which makes them vulnerable to attack. IoT attacks can be used to steal data, disrupt operations, or even cause physical damage.
  7. Data breaches. Data breaches are a major cybersecurity risk. When a data breach occurs, sensitive data such as financial information, personal identification information, or intellectual property can be stolen. Data breaches can have a significant financial and reputational impact on businesses.
  8. Zero-day attacks. Zero-day attacks are attacks that exploit vulnerabilities in software that the software vendor is not aware of. Zero-day attacks are very difficult to defend against, because there is no patch available to fix the vulnerability.
  9. AI attacks. The more AI is being used and connected to everything the more it will become a target. AI will be able to develop more sophisticated cyberattacks. These attacks against AI using AI will be fully automated tasks, such as scanning for vulnerabilities, credentials or launching attacks to escalate priveledges.
  10. Insider threats. Insider threats are attacks that are carried out by someone who has authorized access to a network or system. Insider threats can be very difficult to detect, because the attacker is already inside the network.

If your brain is already hurting with all of these methods, don’t be. Its a result of cognitive overload taking place. You and your Cybersecurity teams are already overwhelmed with the current onslaught and the constantly changing landscape. AI is destined to supercharge this space.

Understanding your Environment will become even more critical moving forward. However, these Complexities and your Cognitive understanding are the three lynch pins that drives how we look at how we are going to respond in this space.

How we Execute and with what to counter this next wave that is shifting further down the road of Zero-days. Our assessment is that Zero-Day exploits, malware, social engineering and attacks in all of these 10 categories is going to be to the point that the current detection models of the past 30-years will become worthless.

Because the barrier to entry into Zero-Days has now been lowered only to your imagination and creativity. That instead of launching known bad malicious attacks, it will be just as easy to launch unknown Zero-Day attacks moving forward.

The average business, distributed team or individuals and familys will not be safe unless your defensive approach changes.

Are you ready to find out how to change the game?

We are here to help safe guard your Digital Life!

About Cyber Strategy Institute

Offering bank level security for the people to secure the two biggest narratives in Web3, DeFi and Gaming. Also, we are reviewing your systems and file risks through additional powerful AI-driven tools.

Inspiring projects and people by enabling them to be able to accomplish more than they initially thought possible. We solve the toughest challenges in Crypto Projects by using “Strategic Truths” related to #L1/L2s, #DeFi, #NFTs, #Gaming, Incident Response, Big Data, Creating Yield / Liquidity, and Culture & #Intellectual Property.

Website: https://cyberstrategyinstitute.com/

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Cyber Strategy Institute
CodeX

Bringing Clarity to Cyber Strategy! Future Security is through Blockchain & Crypto...