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Cyber Insights Today October 1, 2024
Privacy and Security
https://www.buzzsprout.com/admin/1913940/episodes/15843553-cyber-insights-today-october-1-2024
I am Richard Freiberg. Today we will be addressing AI-Driven Cybersecurity: The CEO’s New Battlefront in part 1 of a 2 part series.
The people claiming that AI will replace jobs aren’t referring to the CEO. Yet, earlier this year, LastPass faced a cyberattack where a deepfake version of their CEO, Karim Toubba, contacted employees via WhatsApp. Although h vigilant staff members stopped the attack, it’s only a matter of time until AI advancements make these threats more effective.
One major issue with Al is that it benefits malicious actors as much as it helps legitimate users. This means the $28 billion in damages from cyber-attacks last year may just be the beginning unless CEOs take urgent action against Al-powered cybersecurity threats. The cybersecurity landscape is rapidly transforming before our eyes, with the barrier to becoming a hacker lower than ever. Tools to bypass everything from parental controls to corporate-grade security can now be generated with a few prompts.
As a result, traditional attack methods like social engineering, phishing, and network penetration now have Al-enhanced versions that can cause more harm to more victims, faster. Although these attack vectors have become more potent, our vulnerabilities have remained the same. Most attacks start with someone tricking a staff member into clicking something, giving hackers easy access to networks and the ability to move laterally
A notable feature of Al-driven phishing attacks is the use of machine learning to personalize phishing campaigns, adjusting messages in real-time to deceive users more effectively. This means phishing attacks are no longer static, and reporting a suspicious email won’t prevent the attacker from targeting you again soon. Social engineering attacks are becoming increasingly sophisticated and hard to detect.
Just like the LastPass incident with the deepfaked CEO, cybercriminals can use Al to craft highly personalized and convincing scams. Everything needed to create a detailed replica of any CEO is typically available on social media and public platforms, All it takes for a hacker to succeed is one employee who can’t tell the difference or doesn’t have the time to verify the information
The human element in security systems is the most vulnerable. Whether it’s executive assistants letting unauthorized personnel into secure areas or a CEO logging into a spoofed /Wi-Fi network, the fundamental issue often boils down to a lack of knowledge, awareness, or time to act safely.
On the network penetration front, AI algorithms can already scan for vulnerabilities at speeds and accuracies far beyond human capabilities. Once a weakness is identified, Al-powered attacks can be launched with a scale and precision that traditional hackers could never achieve manually
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DON’T BECOME ANOTHER STATISTIC!
Richard Freiberg
Profitability Consultant
Richard Freiberg CPA PC
Phone (980)339-3352
Cell (914)393-0033
www.rmfreibergcpa.com
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