We spoke with the pair via video call and our first question was whether businesses under or overestimate the amount of risk they face in cyberspace.
Underestimating the risk a company has also stems from a misunderstanding of who is responsible for the company’s data. Some business owners may mistakenly think that because they store their sensitive data in the cloud, the cloud platform operator is responsible for that data, but that isn’t the case.
“From our side, Cybersure is a fairly new product and the uptake isn’t what we expected it to be,” explains Parrott. “I think everyone realises there is a risk, a risk to data or to a network attack but there is a feeling that ‘it won’t happen to us,” the partner says. All of this is designed to get a business back up and running as soon as possible but we’re talking about the cure now, and really, prevention is the better tactic.
“WormGPT is based on the same language model as ChatGPT but it’s designed with malicious intent in mind. With little to no knowledge at all of how to hack someone, you can use WormGPT to write the attack for you whether that be phishing or business email compromise,” explains Sutherland. Bizarrely, this need to impress and deliver even comes down to negotiating the ransom. Sutherland tells us how a company was hit with an R80 million ransom and being unable to pay that amount negotiated it down. The company had to provide proof that it wasn’t able to pay that amount but ultimately, the attackers lowered the ransom.
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