how AI sharpens risks for businesses

by time news

2024-01-22 13:55:25

In mid-December, the hacking of Ukraine’s leading telecoms operator, Kyivstar (here, a store in kyiv), deprived 24 million subscribers of telephone and mobile internet connection. ALINA SMUTKO / REUTERS

With new technologies, the threat increases both in terms of the extent of the perimeter to be protected and in the intensity of attacks.

A USB key carried by courier to transmit orders between trading rooms in New York. This is the only solution found by the American subsidiary of the Chinese banking giant ICBC last November to urgently settle transactions on American debt. The attack on its information system destabilized the huge US government bond market for several days. In mid-December, the hacking of Ukraine’s leading telecoms operator, Kyivstar, deprived 24 million subscribers of phone calls and mobile Internet connections, creating long queues in front of competing operators’ stores. ..

Whether motivated by money or geopolitical interests, cyberattacks have widely demonstrated their ability to destabilize companies and their networks of suppliers, customers or partners. Cyber ​​risk is unfortunately not new, but it is accelerating and growing under the influence of increasing digitalization…

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