Cybercrime is now a war of machine vs. machine

As companies invest heavily in artificial intelligence and other high-tech defenses, it is becoming more apparent that criminals are investing in equally powerful technology.

It has morphed into a “machine vs. machine battle” as security firms turn to cloud-based networks, AI and machine learning techniques — and organized criminal networks are using the same tools to mine massive amounts of stolen data and piecing together fake accounts that are increasingly difficult to identify.

In all, there were 3 billion bot attacks and 103 million mobile attacks in the ThreatMetrix cybercrime report for the last six months of 2018. This is part of an ongoing shift from desktop attacks to mobile as a favored platform for targeting e-commerce merchants. ..Read More..

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