In today’s digital age, cyber threats are changing quickly than ever, and malicious actors are targeting organizations of all sizes. Consider the following scenario: your organization is on the verge of closing a significant deal with a crucial client, sensitive financial data, contract terms, and user data were probably being shared in the process. Everything seems safe until sensitive information starts leaking, your client/user data are compromised, or a transaction was intercepted, account details altered, and money stolen without a trace. Scary, right? This is not a hypothetical situation; it's a real threat known as Man-in-the-Middle (MitM) attack.

Understanding Man-in-the-Middle (MitM) attacks

A MitM attack occurs when an attacker secretly intercepts and relays messages between two parties who believe they are directly communicating with each other. The attacker can monitor, alter, and steal data without either party being aware of the breach. MitM attacks are becoming more frequent and increasingly costly. Cybercrime Magazine projects that the $6 trillion in damages caused by cybercrime in 2021 alone will rise to $10 trillion yearly by 2025. The financial impact is undeniable; according to IBM, the average cost of a data breach globally reached a record high in 2024, up 10% from the year before.

The financial impact of cybercrime

According to Accenture, these attacks account for roughly 19% of all successful cyberattacks and cause nearly $2 billion in losses globally annually. Large-scale implications result from these attacks, as seen by the significant hacks at Facebook, Cognyte, LinkedIn, and Twitch in 2021. A 2022 analysis by F5 found that more than 50% of all MitM attacks involve the capture of private data, including bank account details and login credentials.

The cost of inaction

Consider the 2017 Equifax hack, in which over 100 million customers' financial information was exposed due to a MitM attack. Or take JBS, a major international meat processor, which had a ransomware attack that caused it to temporarily cease operations in several nations. These examples highlight how important it is for companies to strengthen their defenses against these kinds of attacks.

Introducing NVIS AI: The invisible shield

Here's where NVIS AI comes into play. Hackers can't hack what they can't see and with NVIS AI, you can effectively prevent MitM attacks by hiding your network architecture from potential attackers. Because of its technology, it is much more difficult for attackers to find and take advantage of flaws because it hides your data in transit. NVIS AI's peer-to-peer connectivity and sophisticated encryption help to minimize and lessen the effect of security breaches by limiting the capacity of an adversary to move laterally within your network and protecting sensitive data.

Conclusion

The increasing sophistication and prevalence of cyber threats are stark reminders that no organization is immune. This situation necessitates the use of technologies such as NVIS AI to keep your organization from becoming another statistic. NVIS AI is essential in protecting your data and your company from the increasing wave of cybercrime by stopping hackers from taking advantage of weaknesses. Moreover, NVIS AI does not only provides proactive protection that not only protects critical data but also averts the disastrous effects of cyber invasions by making your network invisible to attackers.

Avoid waiting until the last minute. Now is the time to bolster your defenses and make sure your company is safe from the unseen dangers that exist in the digital realm.

To learn more, schedule a demo or contact our team of experts today.