Ransomware payments have risen 500% in the past year, driven by cybercriminals’ use of Generative AI and improved targeting. Legacy Multi-Factor Authentication (MFA) methods are proving increasingly ineffective, leading to widespread losses. More robust, next-generation authentication solutions are needed, which utilise sophisticated methods such as biometric measures. This can greatly reduce the chances of cybercriminals breaching corporate networks, protecting data, financial resources, and operations.
Ping An launches AI avatars of top Chinese doctors
Ping An Health has launched “Ping An Xin Yi,” a generative AI chatbot on its mobile app, providing 24/7 health consultations via digital avatars of
