article thumbnail

The Impact of AI on Social Engineering Cyber Attacks

SecureWorld News

Social engineering attacks have long been a threat to businesses worldwide, statistically comprising roughly 98% of cyberattacks worldwide. Given the much more psychologically focused and methodical ways that social engineering attacks can be conducted, it makes spotting them hard to do.

article thumbnail

26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Market Growth: AI cyber security technology is projected to grow by 23.6% Using technology like AI can help, but there’s also a shortage of skilled people in cyber security.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ENISA 2023 Threat Landscape Report: Key Findings and Recommendations

Thales Cloud Protection & Licensing

Attackers exploit the geopolitical environment and use AI-powered tools to create convincing deepfakes, disinformation campaigns, and social engineering attacks. The report notes that these attacks can have significant implications for democratic processes, social cohesion, and national security.

article thumbnail

The Cybersecurity Perception Problem in 2023

Approachable Cyber Threats

Source: Verizon DBIR [1] In last year’s DBIR report [2], Social Engineering and Basic Web Application Attacks accounted for over 50% of all cybersecurity data breach events, with Denial of Service being the number one cybersecurity incident covering almost 50% of all events. For example, DDoS attacks and unauthorized encryption (e.g.

article thumbnail

Top 7 Cloud Storage Security Issues & Risks (+ Mitigations)

eSecurity Planet

Downtime limits incident response, increases the risk of data breaches, and can be used as leverage for DDoS attacks. Complicated cloud technologies need specialized expertise for successful adoption and management. Implement DDoS protection: Deploy dedicated protection mechanisms to prevent DDoS attacks.

Risk 124
article thumbnail

Managed Detection and Response in Q4 2020

SecureList

DDOS/DOS with impact. Social engineering. Nine percent of reported High-severity incidents were successful social engineering attacks, which demonstrates the need for raising employee security awareness. Different detection technologies have different levels of efficiency with different attacker techniques.

article thumbnail

The Data Breach Perception Problem in 2022

Approachable Cyber Threats

In their 2021 report, Social Engineering and Basic Web Application Attacks accounted for over 50% of all breach events. This time around, if you thought ransomware and phishing should have been at the top (these fall under System Intrusion and Social Engineering ) you would have been right! We used that as our baseline.