With industries heading towards automation, traditional business practices have now become obsolete. The changing global trends can be met only if the business eyes at exponential growth in their verticals of design, development, production, etc.
The number of digitally powered brains and technology dependent population has demanded a digital transformation in the way how businesses operate. The business owners and executives have realized how the integration of automation, machine learning and data can change the dynamics of the current running business. If such advancement is not introduced in a business vertical the same as the one you are operating in, it is definite to get the first-movers advantage. Giving birth to a new business pedagogy will not a farsighted dream. The digital transformation solutions have covered all the possible operations of departments in a business venture.
This year calls for implying the research held for digital business transformation in different business verticals
Big Data Analytics in enhancing Supply Chain Management
The pace at which operations are expanding demands high-level user-oriented approach. Supply chain and logistics industry will now use big data to understand the demands. The correct recording and computation of the data available give them the advantage to leverage. Technology undoubtedly has the potential to transform supply chains. With an efficient data analytics system, the existing insights can be used to understand the industrial trends and reflect upon them while strategizing for the business. This has helped in better understanding of the market and expansion across boundaries. The supply chain industry will go up to 161,000 in 2021-22 from 145,000 people in 2016-17. The year 2019 will be a benchmark in reaching the heights as eyed for 2021.
Marketing & Customer Experience
The year 2018 was based on user-oriented marketing and the coming year eyes to continue with the same trend. The strategies formulated and the planned roadmap of the companies continue to follow the consumer-centric approach. This means that the focus remains at experiential marketing that fetches in customers. There is transformation when considering marketing function and the way companies are channelizing their approach. Digital transformation clearly aims at the customer-first approach and covering digital touchpoints.
Paper and Packaging
The paper and packaging industry is set to face a major boom with robotics being introduced in this sphere. It has a lot of efficiency and flexibility to offer in the production or assembly chain of the pant. The advanced robots can be programmed with a fresh set of control instructions to perform other tasks or iterations in the current task.
The digital transformation trends are indefinite as evolution is constant. One of the renowned names in digital transformation consulting and implementation sphere is HARMAN Connected Services. The company is constantly developing practices and technology that enhances one’s digital experience. Their aim is to ensure that the company going through transition shall be smooth.
AI in Cybersecurity: Threats and Solutions
The advent of AI has brought plenty of opportunities for fighting cybercrime. Various AI automation solutions help industry experts and business owners detect malware and protect their systems against it.
White hat hackers are also using machine learning, which is a subset of AI, to identify security vulnerabilities, and develop proper fixes.
However, artificial intelligence has also made cybercriminals’ lives easier. When they want to attack a vulnerable system, they can use AI and machine learning to find an easy way in.
So, as much as AI can combat cybercrime, it can also be a part of it. Take a look at how criminals are using AI for malicious purposes, and what you can do to prevent AI cyber attacks.
1. Why AI May Be the Next Big Thing in Cybersecurity?
Cybersecurity is still a very constrained environment. When you add artificial intelligence to the equation, you can see that there are not too many experts who can prevent AI cyberattacks.
This is one of the reasons why AI cybercrime is on the rise. The other reasons include low costs, little effort, greater rewards, and the speed of attack that AI enables.
With an AI-automated solution, hackers don’t need to try and gain access to various systems and data manually. They can let the AI-powered software do the job on its own. This saves them time, effort, and money, and yields much better rewards.
That is why AI cybercrime is growing at a very swift pace, and we’ll certainly witness a lot more attacks in the coming years. If proper security measures don’t take place soon, that is.
2. How Exactly Is AI Helping Cybercriminals?
Hackers can use predictive AI models to analyze huge data sets in a matter of seconds. This way, they find the best targets according to their wealth and online behavior. They can find the best sources for improving their chances for the maximum payout.
AI-driven tools that use machine learning can also help them create compelling phishing emails and AI-powered malware, together with malicious websites.
It’s generally difficult for cybercriminals to enact an email phishing campaign. This is because they need to invest a lot of effort to create innocent-looking emails that people would want to click on. Also, they need to spend weeks researching and waiting for a perfect moment to carry out their attack.
With AI up their sleeve, they can profile their victims without any effort. They no longer need to engage with people on social media, or other platforms, to pose as a legitimate person or a company.
They can just use chatbots. These are capable of interacting in real time with hundreds of users simultaneously. And modern chatbots can perfectly mimic a real person’s writing style. Furthermore, they can interact with users in different languages, which is yet another reason why AI phishing attacks are on the rise.
Perhaps the most alarming thing about AI is that it can mimic voice. It can create voice recordings that are quite realistic by sifting through existing data. This sounds like something from a sci-fi movie. But it’s very real, and might become the next phishing innovation. It definitely calls for some proper defense strategies.
3. What Can You Do to Evade AI Cybersecurity Threats?
Quite logically, you should use AI solutions to predict threats and detect malware. You should also use machine learning to monitor your systems and analyze human behavior. This way, you will be able to detect any suspicious activity.
It’s also essential to keep up with the AI trends and new applications of this technology. You need to know what you’re dealing with to predict nefarious activities.
You should also use a VPN, as it will hide your IP address, encrypt your connection, and hide your entire online activity, making you completely anonymous online both on your computer and mobile. That way, hackers won’t ever be able to target you.
Everyone in the industry should follow these tips and work together to come up with the best defense strategies. Experts, policymakers, and academic researchers should all collaborate to monitor AI development and come up with solutions for preventing AI cybercrime.
Most importantly, they should all raise the awareness of AI cybersecurity threats. This way, people will know what to look out for and how to protect themselves.