Ransomware attacks pose a significant threat globally, with increasing frequency and sophistication. These attacks cause billions of dollars in loss annually, with average ransom demand now reaching millions. In 2024, the average ransom demand rose to $2.73 million. Despite these statistics, 97% of impacted organizations managed to recover their data.
Artificial Intelligence (AI) has improved cybersecurity in addition to revolutionizing service delivery. ackers will utilize the same technology that you use to protect yourself if your business does not put strong security measures in place.
ChatGPT landed in the collective consciousness in early 2023, bringing prophecies of both supercharged productivity and AI powered cyber security attacks. Now, a few years later the dust has settled somewhat, and the integration of Large Language Model (LLM) based AI tools into every part of our work is well underway.
