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Cyberattacks of the future

From 2019 to 2023, global businesses are expected to suffer $ 5,200 billion in damage from cyberattacks. As the corporate world and its technology evolves, cyberattacks become ever more sophisticated and diverse. But against what must companies arm themselves?

The opportunities and possibilities of artificial intelligence are currently a hot topic. But with AI it is also possible to create false videos and sound recordings, which are hardly distinguishable from originals. This can deceive employees to hand out passwords or manipulate stock prices, by e.g. releasing a fake video by a CEO while he talks about financial problems of the company.

Often, the targeted company is not the firm itself but the company which stores and saves its data. While large companies can afford to invest a lot of money in cybersecurity, especially small and medium-sized enterprises are at risk here.