AI is lowering the barrier to entry for cyberattacks, with 67% of organizations reporting an increase in attacks over the last year according to Hiscox’s Cyber Readiness Report.
AI expert Durgan Cooper warns about the threat of sophisticated cyberattacks fueled by advances in artificial intelligence, making it easier for cybercriminals to launch complex attacks.
AI is enabling cybercriminals with AI-generated content and adaptive malware, leading to a rise in targeted attacks and social engineering, as well as faster learning of network behaviors for quicker full-scale attacks.
To be more AI-aware, SMEs are recommended to undertake Cyber Essentials certification, monitor networks for abnormal activity, regularly apply patches and updates, consider cyber insurance, and enhance employee training to combat AI-enhanced phishing and ransomware campaigns.