The risk of AI hacking is lower than you might think

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In the near term, generative AI will be very attractive to senior workers, Mellen said. “Ultimately, generative AI and security tools will be very useful for experienced and more senior workers, as they have long needed a tool that helps them validate their understanding of what’s happening in the environment and respond more quickly.”

While using AI in cyberattacks is a real challenge, Mellen believes it will take longer to develop AI-powered attacks. “First of all, it’s logistically very difficult. You can’t just hack all these machines and voilà, you have a ton of money,” she said. “And a lot of it is software-driven. To make generative AI useful for hacking, it has to be built around specific software.”

According to Mellen, the number of hacks is growing and the damage from attacks is increasing even without AI: “Why do they need generative AI then?”
How to Avoid Key Risks When Working with cyprus mobile database Using IT Tools
Arsen Babayan, CEO of Corporate Analytics Systems, co-founder of the digital environment Sweepnet | 11/15/2023
When interacting with counterparties, companies are exposed to various risks - financial, reputational, operational, related to data security, etc. And managing these risks can become an additional burden for the business, especially if the company does not have a single information space and automated tools.

Below we will look at the main risks when working with counterparties and what digital solutions can help minimize them.

Financial risks
Financial risks are among the most common and critical when working with counterparties. They arise when a counterparty fails to fulfill its financial obligations in full and on time, or even becomes bankrupt.

Software for checking the creditworthiness of a legal entity allows you to find out the financial discipline of the counterparty, the presence of debts and their volume, and also to find out whether the credit load is excessive.

And using financial analytics tools can provide insight into a counterparty's financial health, allowing companies to track significant changes in real time, set triggers, and adjust strategies accordingly.

Compliance and regulatory risks