Ever since the spread of the COVID-19 pandemic, the use of online conferencing has become a vital part of businesses. It provides an easy connection with clients and colleagues, no matter the location. Working from home or other remote locations is convenient as it helps to save the time and cost of travel. However, with the increase in the use of online platforms by organisations or individuals also comes the threats of cyber-attacks.
A cyber-attack is an attempt to steal, alter or destroy sensitive information through unauthorised access to an organisation’s computer systems. It is an ever-present challenge that every industry with a digital presence faces. Organisations face threats of cyber-attacks daily, and combating it through various methods requires a lot of time and money as the attacks are very complex and can come from any source.
SMS (Short Message Services) phishing or smishing is a cybersecurity attack via mobile text messages. It is a variant of phishing, wherein the victim is tricked into giving sensitive information to an anonymous attacker. A cybercriminal sends fraudulent text messages and seeks to deceive the recipient into clicking a malicious link. They aim to steal the victim’s personal data, which they will further use to commit other cybercrimes.
Businesses in the insurance sector use AI for multiple functions. For example, machine learning and AI-based tools can help such companies with optimising tasks such as commercial underwriting and the detection of fraudulent claims. At the same time, AI adoption always comes with the prospect of threats such as data poisoning that can affect