This weeks article is influenced by a catastrophic experience that was shared with me by a close friend.
This rather shocking story drew my attention to a thought, which brought me to the questions;
- "Will the steady advancement in technology keep us totally safe?"
- "How much precaution do we need to take on, just to be safe and for how long?"
The system that had been put in place for people to save money, will there always be a threat around administering the simple 'task'?
Well... Read on as I dive deeper.
Cybercrime remains a serious threat to individuals, worldwide and it is really affecting some sectors in our global economy. The world of internet today has become a parallel form of life and living; people are now capable of which were not years ago, it's become a way of living because of growing dependence and reliance of the mankind on these machines.
The Internet has enabled the activation of the use of social media interactions, website communications, email and other vices of communication. A report published in 2014, sponsored by McAfee estimated that the annual damage to the global economy was $445 billion, with an approximate sum of $1.5 billion lost in 2012 to online credit and debit card fraud in the US. In 2018, a study by Center for Strategic and International Studies (CSIS) in partnership with McAfee concluded that close to $600 billion, nearly one percent of global GDP is lost to cybercrime each year.
Cybercrime in few words
Cybercrime is defined as crimes committed on either a tool or a targeted victim. A generalized definition of cybercrime may be “unlawful acts wherein the computer is tool or target or both”. The computer may be used as a tool in the following kinds of activity- financial crimes, sale of illegal articles, The computer may however be target for unlawful acts in the following cases- unauthorized access to computer networks, theft of information contained in the electronic form, e-mail bombing, physically damaging the computer system.
Can AI help?
AI is destined to transform the way our world works. It is something that is going to touch upon everything and disrupt areas of technology and even aspects of our day-to-day lives that have gone untouched for decades. There are various applications of Artificial Intelligence (AI) in curbing the cyber-crimes. For example, neural networks are being applied to an intrusion detection system and are proposed to be used in case of “Denial of Service”(DoS) detection, detecting computer worm, spam detection, detection of zombie, malware classification and forensic investigations.”
Moreover, there are some applications of Artificial Intelligence in combating against the cyber-crimes that will throw more light, Application of Intelligent Agents are self-efficient computer system created force which has the capability to communicate with each other in order to assimilate information and coordinate with each other so as to take proper actions whenever there comes an unforeseen occasion. Their mobility and greater adaptability in the environments they are deployed in besides their synergistic nature makes intelligent agent technology apt for fighting cyber assaults.
Another application that can be used is Artificial Immune System. These applications are similar to biological immune systems, are employed to uphold stability in a changing environment. The immune-based intrusion detection comprises the evolution of immunocytes (self-tolerance, clone, variation, etc.) and antigens detection simultaneously. Antibodies are produced by the immune system which is responsible for containing the pathogens, and the intensity of intrusion can be analysed easily by analysing the concentration of antibodies.
Therefore, AISs play an essential role in cybersecurity against cybercrime, with the unprecedented advancement in science and technology, comfort and convenience have seeped more in-depth into the life of human beings. Artificial Intelligence is helping humanity a lot in addressing the issues of cybersecurity because of its intelligent nature and flexibility.
Hope for us yet! However in the meantime, here are some useful tips found on CERTUS. These tips won’t stop you from being a victim but sure can help in avoiding being a victim of this heart-wrecking crime.
What Can I Do To Prevent Becoming a Victim of Cybercrime?
It’s not all bad news. There are plenty of reasonably simple precautions individuals, and businesses can take to avoid being a victim of these types of crime. They include:
Source: Ijacs | Wikipedia | CertusTG