Artificial intelligence (AI) is expected to increase cyber threats, particularly ransomware attacks, over the next two years, as per insights from a report by the United Kingdom’s National Cyber Security Centre (NCSC).
“AI services lower barriers to entry, increasing the number of cybercriminals, and will boost their capability by improving the scale, speed, and effectiveness of existing attack methods. Fraud and child sexual abuse are also particularly likely to be affected,” James Babbage, director general for threats, National Crime Agency, explained.
To tackle this enhanced threat, the UK government is expected to 2.6 billion British pounds in 2022 under its cybersecurity strategy to improve the UK’s resilience, added Cointelegraph.
“We must ensure that we both harness AI technology for its vast potential and manage its risks – including its implications on the cyber threat,” Lindy Cameron, CEO, NCSC, concluded.
(With insights from Cointelegraph)