Yiggal Ona, former President of Israel, Yiggal On, warned that the Chinese artificial intelligence model reduces the threshold of e -attacks, allowing the targeted attacks on an unprecedented scale. Speaking at the Cyber Risk Management Conference, which was appreciated for the day of international data privacy, UNA highlighted that electronic crimes have become the third largest economy in the world, with an estimated damage of 10.5 trillion dollars. The conference was organized by the Kela Group, in cooperation with LIPA Meir Law Firm, Howdeen Insurance Brokers and Bank Hapoalim.
ADV. VERED Zlaikha, a partner and head of Cyber and artificial intelligence in LIPA Meir & Co. , To address the challenges of governance of combating electronic attacks. She said: “As shown in the responses of the organizers to electronic accidents in recent years, even in cases where the state’s attacks are expected, the organizations are still expected to maintain a suitable level of cybersecurity and data protection according to the regulations in force. This includes Implementation of appropriate security measures, ensuring supervision by the executives concerned and corporate employees, and the creation of compliance mechanisms, and more.
It also discussed the legal challenges facing companies regarding artificial intelligence systems. ADV. Zlaikha noted that although artificial intelligence carries enormous potential, organizations must also consider the associated risks. She emphasized that corporate executives must promote a suitable business framework for companies to manage the risk of artificial intelligence, including forming a dedicated team that includes commercial works, technology and legal experts, conducting risks assessments, and issuing clear guidelines for employees to use the artificial intelligence system, and developing a planning implementation.
“Most of the cybersecurity violations in 2024 arose from the theft of the identity facilitated by the Infostealer program, which can be easily accessible by the attackers, allowing the theft of all data stored in browsers,” said Etzik Kisler, CTO of the Kela Group, at the conference. Kisler explained that such attacks have become expensive and are increasingly difficult to discover, as attackers take advantage of legitimate companies’ accounts. He warned that “these accounts at risk” leakage “in the dark corridors of the Internet are circulated between the attackers, and create the effect of a snowball that can strongly affect critical systems.
In addressing the defense strategies for companies against electronic threats, Dalit CABISBISINESANS, and the leadership of the electronic defense strategy at Habwalm Bank, said, “Today, every budget organization must respond to emerging threats with the leadership of innovation. We must support our cybersecurity solutions to our organizational progress.” “It is necessary to develop an electronic strategy that merges visions of the field of safety with the commercial and technological needs arising from this field. This strategy provides compatibility between the executive goals and the council and comprehensive organizational efforts.”
The conference concluded, Simkin Tea, the leader of the Internet insurance in Hoden insurance brokers, revealed that in 2024, the ransom payments covered by insurance companies exceeded one billion US dollars for the first time. Simkin pointed out that “sixty percent of small and medium -sized companies that suffered from an electronic incident faced bankruptcy within six months.” He stressed that “electronic attacks have become a fundamental threat to corporate stability. With technologies such as the new Chinese model, Deepseek R1, which can replace the apparent employees, the risk of electronic attacks becomes more important. Disable these technologies through electronic attack can completely paralyze. .
It was published by Globes, Israel Business News – En.globes.co.il – on February 9, 2025.
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