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From generating deepfakes to enhancing phishing campaigns, GAI is evolving into a tool for large-scale cyber offenses GAI has captured the attention of researchers and investors for its transformative potential across industries. Unfortunately, its misuse by malicious actors is altering the cyberthreat landscape.
They found unsecured IoT devices, including webcams and a fingerprint scanner, using them to bypass securitydefenses and successfully deploy the ransomware. The Akira ransomware attack reveals the risks of overlooked IoT devices, evolving cyberthreats, and EDR limitations.
I've been recently working on several articles on the topic of threat intelligence and I came up with a proper article which I'll share in this post with the idea to improve my reader's situational awareness on the topic eventually improving the way they work and do threat intelligence gathering online. -.
New AI-powered cybercrime tools suggest that the capability of AI hacking tools may be evolving rapidly. The creator of FraudGPT, and potentially also WormGPT , is actively developing the next generation of cybercrime chatbots with much more advanced capabilities.
Understanding and adhering to cybersecurity regulations is crucial for any organization as cyberthreats evolve and become more sophisticated. Cybersecurity laws and regulations encompass a range of legal requirements designed to protect information systems and data from cyberthreats.
Cybersecurity measures ensure this data is safeguarded against breaches, fraud, hacking, and other forms of cybercrime. Cybersecurity in banking is about securing the entire digital infrastructure of a bank — from online banking systems to internal databases — against unauthorized access, data leaks, and malicious attacks.
Just like cybercrime, online fraud can happen to anyone – it doesn’t discriminate regardless of whether you’re a big or small company. . We’ve seen a shift since the pandemic of more businesses operating online, making it more of a risk for those that don’t have proper securitydefenses in place.
This kind of cost-effective program can help your employees to understand cyberthreats. Considering the many ways cybercriminals target employees and the costs of cybercrime to employers, it’s a wise investment. The FBI says BEC caused half of all US cybercrime losses in 2019 , at a total of $1.77
So how exactly has AI compounded the issue of social engineering as a cyberthreat, and what can businesses do about the evolving landscape? The growing threat of social engineering Social engineering, fundamentally, refers to psychological manipulation tactics that attackers use to deceive victims.
Cybercrime will go to the next level: Cyberattackers will implement improved skills, “shift left” attacks, and shifting strategies to adjust to evolving cyberdefense. AI-Powered Cybercrime Despite the advancements in using AI to improve security, cybercriminals also have access to AI and LLMs.
Have hope that through the hard work and brilliant minds behind these securitydefenses that 2022 will not be a repeat of such high level attacks. Learn more about what security leaders have to say about the upcoming year below: Neil Jones, cybersecurity evangelist, Egnyte. . Next year will be a huge opportunity for everyone.”.
The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " Here is his detailed breakdown: 1.Cross-border
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