Cyber Experts Say Hacks Like Binance to Become More Common with AI

Dow Jones10-30 22:08

1008 ET - There isn't evidence yet that the attackers used artificial intelligence in the Binance hack, but cybersecurity experts warn that AI is making these kinds of large-scale intrusions more common. AI is helping attackers find and exploit weaknesses faster than companies can fix them, The Hashgraph Group's Stefan Deiss says in a note. Cyber threats are becoming more sophisticated and widespread alongside the rise of AI, Absolute Security's Andy Ward says in a note. It's only a matter of time before a larger hack with greater financial fallout makes headlines, Ward says.

 

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