New tech trend shows cybercriminals try to hack Spokane businesses [Video]

SPOKANE, Wash – IT experts in the region are warning Spokane business owners about an alarming new tech trend that has exploded in the last six months: cybercriminals are hacking local businesses.Wil Buchanan, the CEO of Philantech3, an IT services company, works with 42 businesses in the region and says times are changing, and AI is the catalyst, “in the past, it was always too expensive to attack small Spokane companies with an AI that no longer is the case.”Buchanan shared data with NonStopLocal that showed by 2027, worldwide cyber attacks could cost companies close to $24 trillion.”As long as the money is there, they are going to keep adapting and adopting new technologies, including AI,” said Buchanan. He added that there is a low-cost but lucrative trend called ‘hacking as a service, ‘ and mid-size companies with 250-350 employees could face up to 1500 cyber attacks per week.”They just …