Phishing attacks are up 1,200%. AI is both the cause and solution

Are you alert to phishing? This #cyber scam occurs when hackers manipulate people, often via email, to hand over sensitive information or install malware on their machines. And the rise of Gen AI has taken it to a whole new level. Fortunately, AI isn’t only a weapon in the hands of cybercriminals: it can also be used to fight fire with fire and supercharge defences against #phishing - by monitoring suspicious messages, patrolling systems for vulnerabilities and scanning the torrent of incoming emails for the most dangerous attacks so that human experts can investigate them. Global #cybercrime is expected to cost $10.5 trillion annually by 2025, up from $3 trillion in 2015. The World Economic Forum's Global Cybersecurity Outlook 2025 identifies the major trends making #cyberspace increasingly unpredictable, and outlines the importance of building cyber resilience.