'AI Being Used For Hacking And Misinfo, Top Canadian Cyber Official Say' - Reuters
Portfolio Pulse from Happy Mohamed
Canada's top cybersecurity official warns that hackers and propagandists are using artificial intelligence (AI) to create malicious software, draft convincing phishing emails, and spread disinformation online. This indicates that the technological revolution in Silicon Valley is also being adopted by cybercriminals.
July 20, 2023 | 5:55 pm
News sentiment analysis
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NEGATIVE IMPACT
The SPY ETF, which tracks the S&P 500, could be indirectly affected by the increased use of AI by cybercriminals. Companies in the index that are heavily reliant on technology could face increased cybersecurity threats.
The SPY ETF, which tracks the S&P 500, could be indirectly affected by the increased use of AI by cybercriminals. Companies in the index that are heavily reliant on technology could face increased cybersecurity threats, potentially affecting their performance and thus the ETF's value.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
As a leading tech company, Microsoft could be affected by the increased use of AI by cybercriminals. This could lead to increased demand for their cybersecurity solutions, but also potential threats to their own systems.
Microsoft, being a tech giant, is likely to be affected by the increased use of AI by cybercriminals. This could potentially increase the demand for their cybersecurity solutions, but also pose threats to their own systems. However, the exact impact is uncertain as it depends on how Microsoft responds to these threats.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50