Posted on

Dark Web Monitoring: what is it & does my business need it?

The global pandemic transformed the way we conduct business, and it’s unlikely that things will ever be the same again. With the increasing reliance on online platforms for both personal and professional transactions, geographical distances and time zones have become irrelevant. However, conducting business online also comes with inherent dangers and threats that we must be aware of.

One significant threat is data breaches, where cyber criminals manage to hack into legitimate commercial website databases. Well-known companies like Facebook and T-Mobile have fallen victim to such breaches, resulting in the theft of over 550 million records. In fact, the Identity Theft Resource Center reported a staggering 68% increase in stolen data in 2021 compared to the previous year.

When your email and password used to log into a website are stolen, they end up in the hands of highly skilled and destructive cyber criminals. These criminals may also obtain other personal information, such as addresses, mobile numbers, and credit/debit card details, that you have saved on the website.

So, what happens to your stolen data?

Your stolen credentials typically end up in a hidden part of the internet known as the Dark Web, where a significant portion of cyber-criminal activity takes place. Over time, your stolen data may be used and distilled by a sequence of criminals in their efforts to create financial gain at your expense. The exact methods they use to steal from end users using stolen credentials can vary, but it’s a sophisticated and malicious process that can span months or even years.

Understanding the risks and implications of data breaches and the Dark Web is crucial for protecting your personal and business information. It’s important to take proactive measures, such as implementing strong security measures and monitoring services, to safeguard against these threats in the ever-evolving landscape of online business transactions.

As we have emphasised, cybersecurity is not limited to a single tool or service, but rather a comprehensive security suite that protects various aspects of your online presence, including email, computers, devices, and overall online activity.

Now, we can answer the initial question of why dark web security is necessary. Dark web scanning acts as a proactive measure before cyber criminals can fully exploit your breached data. By providing timely alerts about breach details, it allows you to take relevant actions to secure your account and render the stolen or breached data useless.

You can easily purchase dark web security from Geniosity at a reasonable monthly cost. A large substantial loss can be avoided with dark web security in place.

If you would like to delve deeper into this topic, please feel free to get in touch with us. We are happy to provide useful information for your business and assist you with dark web security.

For more information about dark web scanning, please visit our Dark Web Monitoring page or drop us a line.

Posted on

ChatGPT & the Future of AI for Business

Insights

An online Artificial Intelligence chatbot has recently been making waves as a simple example of just how much AI is set to revolutionise business. You can read more about its simplicity and ease of use on our post –AI for Small to Medium Business with ChatGPT.

So, what can an AI Chatbot tell you about itself? Well, we asked it, via the simple text prompt and you can read the completely AI generated response below.

The Prompt: 

Can you please write an article about Chat GPT and the future of AI for business?

ChatGPT’s Reponse:

Artificial Intelligence (AI) has been a topic of interest for many years, but in recent years, its potential to transform the business world has become increasingly clear. One of the most exciting developments in this area is the rise of language models, such as Chat GPT. In this article, we will examine what Chat GPT is, how it works, and what its potential implications are for businesses in the future.

What is Chat GPT?

Chat GPT (Generative Pre-trained Transformer) is a language model developed by OpenAI. It is trained on vast amounts of text data, and its goal is to generate human-like text in response to input. Chat GPT can be used for a wide range of applications, including text generation, chatbots, language translation, and question answering.

How Does Chat GPT Work?

Chat GPT works by using a deep learning algorithm known as a Transformer. The Transformer uses a large neural network to analyze input text and generate an appropriate response. The neural network is trained on a massive dataset, allowing it to learn patterns in language and respond in a way that is coherent and relevant to the input.

The Potential Implications of Chat GPT for Business

The potential implications of Chat GPT for business are significant. Here are just a few of the ways in which AI and language models like Chat GPT are likely to impact the business world:

  1. Customer Service – Chat GPT can be used to create intelligent chatbots that can provide customers with quick, accurate, and personalized answers to their questions. This can lead to improved customer satisfaction and increased sales.
  2. Marketing and Sales – Chat GPT can also be used to create marketing and sales copy that is personalized and tailored to the needs of individual customers. This can lead to improved engagement and increased conversions.
  3. Knowledge Management – Chat GPT can be used to create knowledge management systems that allow employees to access information and resources quickly and easily. This can lead to improved efficiency and increased productivity.
  4. Content Generation – Chat GPT can be used to generate high-quality content, such as articles, reports, and even books, reducing the time and effort required to produce such content.

Conclusion

In conclusion, Chat GPT and the rise of AI language models is likely to have a profound impact on the business world. From customer service and marketing to knowledge management and content generation, the potential applications of this technology are vast and exciting. As businesses embrace these technologies, they will find themselves better equipped to compete in the fast-paced digital landscape of the future.

-ChatGPT (2022)

As a simple example the above text, which we have not edited or changed, demonstrates the current potential uses of AI for your business now. As AI growth is exponential, we can only expect more impressive advancements, more quickly.

Implement AI and machine learning into your business with Geniosity. 

It is an interesting time to be involved in technology- let us assist you in navigating the tech landscape and grow your business by getting in touch today!

Read More: