USA News Group Commentary
Issued on behalf of Scope AI Corp.
VANCOUVER, BC, Oct. 30, 2024 /CNW/ -- The ongoing artificial intelligence (AI) revolution comes with many promises of benefits to society and the global economy. However, with growing use of AI comes risks, including more sophisticated cybercrime. According to a report from Cybersecurity Ventures, cybercrime is not only evolving rapidly thanks to AI, but it's estimated that cyber attacks will cost the global economy $9.5 trillion in 2024, and $10.5 trillion in 2025. Already in 2024, some big names have been hit, including Disney, AT&T, Ticketmaster, Dell, and Bank of America. In order to meet the cybersecurity needs of small businesses all the way through to the enterprise level, the methods of protection need to evolve. One major concern about the future is the emergence of quantum computing, which could enable hackers to access data currently protected by encryption methods that may not withstand quantum attacks. Behind the scenes, tech developers are making huge strides in post-quantum cryptography, both for today and the future, with progress being made by companies such as Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF), Palo Alto Networks, Inc. (NASDAQ: PANW), SentinelOne, Inc. (NYSE: S), Fortinet, Inc. (NASDAQ: FTNT), and even Apple Inc. (NASDAQ: AAPL).
Read more at newswire.ca