Cybercrime is now considered a global epidemic. As people become increasingly dependent on their devices, computers, smartphones and tablets, cybercriminals are becoming smarter. And they develop new ways to steal personal data and information from our everyday gadgets. So, which is better: AI or Cyber Security?
Why AI can’t solve the problem
Artificial Intelligence (AI) is a very powerful technology and it has many benefits. However, as we have seen so many times in the past, it can also be for bad and nefarious activities. Cybercriminals are using AI to track us across the Internet, steal our data and take over our devices.
Today, they use AI to create malware that makes our devices more vulnerable to hackers than ever before. For example, cybercriminals are using AI to generate fake but realistic images. So as to trick us into opening suspicious links or downloading malicious files.
Why Cyber Security can’t solve the problem either (for now)
Cyber Security is another powerful technology that helps protect your devices from hackers and cybercriminals. However, cyber security is becoming increasingly ineffective against new types of malware and hackers.
Today, sophisticated AI enables hackers to find new ways to steal your personal data. Further, take advantage of your devices’ vulnerabilities. The combination of AI and cyber crime means that our devices are more exposed than ever before. And this type of threat is only going to grow as technology becomes more sophisticated.
How can we fight back against AI-powered cybercrime?
The good news is that there are new technologies they develop like blockchain. This will help protect your devices against AI-powered cybercrime. As the technology grows stronger, it will become an integral part of our everyday gadget use and will keep those pesky hackers out of your devices.
Blockchain is a distributed ledger system that provides a secure way to record transactions between two parties without using third-party verification (like banks). In addition, blockchain offers an immutable way to prevent fraud and theft. Further, by ensuring a user’s identity they cannot fake or copy.
By using blockchain technology as part of their ecosystem, tech companies can stop hackers from taking over our devices with malicious software. Let’s hope all companies working in the smart device space adopt this technology soon because it will only get worse if we don’t act now.
What is blockchain technology?
Blockchain is a distributed database that records transactions in a way that makes the data transparent and tamper-proof. A blockchain database can be public (for example Bitcoin) or just available to a group of people (for example, healthcare providers).
In either case, the distributed database is by everyone participating in the blockchain network, not owned or controlled by one single entity. Because blockchain technology is all across a network, it eliminates the need for third-party required in traditional networks like banks.
Why is blockchain technology so important?
Blockchain enables people from all over the globe to access information with more control over their personal data and information. Blockchain can also be used to create decentralized apps that run on smart devices without storing any data on servers which means that users can maintain privacy while interacting with businesses on their devices.
So how will this keep smart devices safe from hackers?
Blockchain uses secure private key encryption to protect personal data and information which means that even if hackers break into your device they will not be able to access your personal data because it’s encrypted.
Thus, if you are using a device with blockchain-enabled privacy features (like the ones developed by Digital Credit Technologies), you should be able to prevent hackers from stealing your personal data through malicious software.