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Researchers Counter AI Weaponization Efforts Through New Machine Learning Solution

The use of artificial intelligence is becoming more apparent in the technology sector. One particular trend revolves around simulating how cybercriminals come up with new phishing attempts. It is evident this option needs to be explored further moving forward, as phishing remains an ever-present threat to consumers all over the world.

How AI Becomes a Tool to Fight Criminals

As is always the case when new technology comes to market, there are two sides of the medallion. While artificial intelligence can lead to many major breakthroughs over the coming decades, it is also turning into a tool for cybercriminals. Online and mobile-oriented Phishing attempts have become a very problematic threat in recent months, and it needs to be addressed accordingly.

Researchers at Cyxtera Technologies acknowledge the weaponization of artificial intelligence needs to be explored for the greater good. Cybercriminals are always looking for ways to make money through different ventures. Despite the rise of malware distribution over the years, phishing still remains the most profitable business model first and foremost.

It is certainly true criminals are taking a far more sophisticated approach to phishing as of late. Their current focus lies on encryption and web certificate attacks to evade security defenses. Web certificates are a low-cost solution, as victims are tricked into believing they visit a legitimate website.

Artificial intelligence and its machine learning aspect can be of great value to security researchers in this regard. It allows researchers to detect malicious TLS certificates and other phishing platforms. Thousands of such sites exist, with more being added on a nearly daily basis. Ensuring these threats are eliminated quickly requires the use of new technologies, such as AI.

Cyxtera VP of Research Alejandro Correa adds:

“Nowadays, in order for us to analyze the hundreds of thousands of alerts we receive every day, we have to rely on machine-learning models in order to be more productive. If we’re going to effectively differentiate ourselves, we need to understand how that is going to be done. The results of AI are a motivation. It will enhance how we may start combatting and figuring out how to defend ourselves against attackers using AI.”

The Cyxtera Technologies team has built a new in-house algorithm to deal with the increasing number of phishing reports received every single week. Known as DeepPhish, the algorithm simulates the result of the weaponization of artificial intelligence by cybercriminals. Figuring out ways attacks can make their attempts more effective will give researchers a leg up in many different ways. Fighting fire with fire is usually the best course of action.

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Bitcoin Cash Price Gets Skewed due to Exchange Trickery

A lot of confusing action is taking place where the Bitcoin Cash price is concerned. Although its actual decline in value is quite obvious for everyone to see, the real price of BCH is not necessarily what people can see on Coinmarketcap. This is primarily because numerous exchanges treat BCHABC as Bitcoin Cash already despite nothing being decided in terms of which chain will be the longest. Bitcoin Cash Value Fluctuates Heavily Depending on where traders look at, the price of Bitcoin Cash will be either close to the $400 level or down to $250-ish. That is quite a large gap between prices, yet one that is also very easy to explain. Bitcoin Cash, as people knew it before the fork, no longer exists. Most professional exchanges have also retired this price ticker, for the time being. As the hash war rages on, there are still a lot of unknown factors waiting to be addressed. Despite this ongoing kerfuffle, there is a net 5.76% decrease in the Bitcoin Cash price, and a 5.4% decline over Bitcoin. More specifically, that is what CoinMarketCap reports at this time, although this is not necessarily the case whatsoever. In fact, some exchanges are clearly jumping the gun by labeling BCHABC as BCH and thus dragging the Bitcoin Cash price down a bit more. Exchanges currently engaging in this activity include Bittrex and Coinex, neither of which plays a big role of importance when it comes to trading. However, based on the current value of BCH on Bitfinex and Gate.io, it seems a similar incident is taking place. One also has to keep in mind Bitcoin Cash was getting battered ahead of the network split as well. Most exchanges have halted trading of BCH indefinitely, primarily because the currency no longer exists. It is evident either BCHABC or BCHSV will take over that name in the future, but nothing has been decided at this point. As such, any trading referring to just “Bitcoin Cash” or “BCH” should be avoided, as most users can never be sure which currency is effectively being traded under this name. All of this skews the picture pertaining to Bitcoin Cash altogether. Coinmarketcap reports there is still $392m in trading volume for BCH, even though that is virtually impossible right now. With so many exchanges freezing deposits and withdrawals, it is evident actual BCH trading is no longer possible whatsoever. Virtually all platforms have deposits of BCHSV and BCHABC frozen as well, which only makes this market trend more confusing. It is safe to say the entire network split has been a bit of a mess first and foremost. In the case of Bitcoin Cash itself, that name will – under the current circumstances- not be used across exchanges for much longer. Instead, the two separate camps need to be treated as such first and foremost. Until things settle down – with might not necessarily happen anytime soon – the Bitcoin Cash price itself is pretty much irrelevant for most traders and speculators. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Bitcoin Cash Price Gets Skewed due to Exchange Trickery appeared first on NullTX.

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