"AI Is Taking Phishing Attacks to a Whole New Level of Sophistication"

Egress reports that 92 percent of organizations have fallen victim to successful phishing attacks in the past 12 months, while 91 percent of organizations have experienced email data loss. In addition, 99 percent of cybersecurity leaders admit that email security causes them stress. In particular, 98 percent are unhappy with their Secure Email Gateway (SEG), and 53 percent admit that too many phishing attacks circumvent it. According to Jack Chapman, VP of threat intelligence at Egress, cybercriminals will increasingly use Artificial Intelligence (AI)-powered technology, such as chatbots, to automate and optimize their attacks. For example, they can add video and voice capabilities to text-based phishing. This article continues to discuss key findings shared by Egress regarding the continued advancement of phishing attacks, inbound and outbound email security, and financial losses caused by the growing sophistication of phishing attacks.

Help Net Security reports "AI Is Taking Phishing Attacks to a Whole New Level of Sophistication"