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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. The automation of malware development is another worrying trend, as it lowers the barrier to entry for cybercrime.
Experts at Proofpoint discovered that free code repositories on GitHub have been abused since at least 2017 to host phishing websites. Researchers at Proofpoint reported that crooks are abusing free code repositories on GitHub to host phishing websites and bypass securitydefenses. SecurityAffairs – GitHub, cybercrime).
It focused on deploying POS malware and launching targeted spear-phishing attacks against organizations worldwide. In order to weaken the securitydefenses installed on the target machine, Black Basta targets installed security solutions with specific batch scripts downloaded into the Windows directory.
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.
They found a tool called WormGPT “through a prominent online forum that’s often associated with cybercrime,” Kelley wrote in a blog post. ” The security researchers tested WormGPT to see how it would perform in BEC attacks. .” Refining phishing or BEC attack emails using generative AI.
The dissemination phase consists of active processing and dissemination of the processed data for the purpose of communicating the actionable intelligence for the purpose of ensuring that an organizations defense is actively aware of the threats facing its infrastructure and securitydefense mechanisms.
Even a company with the most sophisticated cybersecurity tools and expert security teams can fall prey to cybercriminals if they overlook one area of vulnerability: their people. In fact, 97% of us can’t tell a phishing email from a legitimate one. Humans can be distracted, intimidated and especially – misled.
The bad actor told Hassold that he initially sent senior-level executives at the targeted companies phishing emails in hopes of compromising their accounts, but after that failed, he turned to trying to lure employees to unleash the ransomware themselves. Threat Traced to Nigeria. But this is just the start.”.
Cyber security measures ensure this data is safeguarded against breaches, fraud, hacking, and other forms of cybercrime. Cyber security 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.
Whether manifesting itself in a sophisticated phishing email or as a calculated series of conversations between employees and seemingly innocuous or "legitimate" parties with ulterior motives, a social engineering attack can have dire consequences. The average business faces more than 700 of these types of attacks every single year.
The act also covers various forms of cybercrime, including malware distribution and data theft. Recent amendments to the CFAA may include updates to address new cybercrime techniques and technological advancements. The act aims to balance privacy rights with the needs of law enforcement in investigating cybercrimes.
Verdict: prediction not fulfilled ❌ Spear-phishing to expand with accessible generative AI Ever since the emergence of generative AI, multiple threat actors – both financially motivated and state-sponsored – have started using this technology to make their attacks more effective.
While AI increasingly gets used to automate repetitive tasks, improve security and identify vulnerabilities, hackers will in turn build their own ML tools to target these processes. Secure and manage AI to prevent malfunctions.
By examining their methods, motivations, and recent attacks, we equip enterprises with the insights needed to strengthen their defenses against these actors. Significant Activity Meteoric Ascent in 2024 RansomHub shot to prominence in early 2024 after law enforcement dismantled major cybercrime groups like ALPHV (“BlackCat”) and LockBit.
Hudson Rock, a cybercrime intelligence tool vendor with free services, posted that they detected Citrix credentials stolen from Change Healthcare using infostealers a day after the initial attack. Companies should also use free tools available to them. Online trackers: Kaiser Permanente disclosed a HIPAA breach of 1.34
By examining their methods, motivations, and recent attacks, we equip enterprises with the insights needed to strengthen their defenses against these actors. Significant Activity Meteoric Ascent in 2024 RansomHub shot to prominence in early 2024 after law enforcement dismantled major cybercrime groups like ALPHV (“BlackCat”) and LockBit.
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.
We have seen firsthand that it takes more than an individual task force to combat ransomware and other related threats such as phishing, insider threats and more. 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.
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