The Impact of Artificial Intelligence on the Evolution of Cybercrime

 

The role of artificial intelligence (AI) in the realm of cybercrime has become increasingly prominent, with cybercriminals leveraging AI tools to execute successful attacks. However, defenders in the cybersecurity field are actively combating these threats. As anticipated by cybersecurity experts a year ago, AI has played a pivotal role in shaping the cybercrime landscape in 2023, contributing to both an escalation of attacks and advancements in defense mechanisms. Looking ahead to 2024, industry experts anticipate an even greater impact of AI in cybersecurity.
The Google Cloud Cybersecurity Forecast 2024 highlights the role of generative AI and large language models in fueling various cyberattacks. According to a KPMG poll, over 90% of Canadian CEOs believe that generative AI increases their vulnerability to breaches, while a UK government report identifies AI as a threat to the country’s upcoming election.
Although AI-related threats are still in their early stages, the frequency and sophistication of AI-driven attacks are on the rise. Organizations are urged to prepare for the evolving landscape.
Cybercriminals employ four primary methods utilizing readily available AI tools such as ChatGPT, Dall-E, and Midjourney: automated phishing attacks, impersonation attacks, social engineering attacks, and fake customer support chatbots.
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