08 Jul AI Can’t Be Our Only Defense Against AI-Generated Cyber Threats
This week in cybersecurity from the editors at Cybercrime Magazine
– Read the Full Story in Security Boulevard
Sausalito, Calif. – Jul. 8, 2024
From casual users to international corporations, people are flocking to artificial intelligence tools to boost their productivity. But they’re not the only ones leaning on AI to make their day-to-day easier. Cybercriminals are deploying AI to fine-tune phishing emails, hunt for vulnerabilities in a target’s security systems and unleash attacks in real-time.
Security Boulevard reports that fraudsters often have the upper hand. That’s because hackers are focused on a lure far more potent than fixing grammar in an email or streamlining daily processes; they’re implementing AI to gain massive financial rewards for themselves.
With AI, cyberattacks are increasingly successful and lucrative. Cybercrime is forecasted to cost the world a whopping $9.5 trillion this year, according to Cybersecurity Ventures. And those damages are expected to grow by 15 percent per year over the next two years, totaling $10.5 trillion annually by 2025.
AI can’t be our only defense against AI-generated threats, according to Patrick Hayes, who has more than 25 years of experience in software development and Security-as-a-Service platform engineering. Humans flagging a potential breach and working with other humans to address it remains a critical piece of the puzzle. Hayes fears that a massive breach is on the horizon if we don’t move forward with smart, human-powered strategies. The best defense still requires people, process and technology.
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