Hackers use GenAI to attack more frequently and effectively

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Hackers use GenAI to attack more frequently and effectively

Generative AI (GenAI) is increasingly being utilized in cybersecurity, with over half of CISOs prioritizing its innovative applications. However, a significant disconnect exists between the perspectives of security leaders and board members regarding the adequacy of budgets for cybersecurity measures. Despite the rise in cyberattacks, 41% of security leaders feel that their requirements are becoming easier to manage.

The report highlights that while GenAI aids in identifying risks and threat intelligence, it is also exploited by attackers to enhance the effectiveness and volume of cyberattacks. Concerns are growing among CISOs about AI-powered attacks, which are seen as a major threat, alongside issues like cyber extortion and data breaches. The skills shortage in cybersecurity remains a critical challenge, but many believe AI can help bridge this gap by enhancing productivity and training.

• 52% of CISOs prioritize GenAI for cybersecurity innovations.

• AI is used by attackers to enhance cyberattack effectiveness.

Key AI Terms Mentioned in this Article

Generative AI

Generative AI is used in cybersecurity for both defense and offense, enhancing threat detection and attack strategies.

Cybersecurity Skills Gap

The cybersecurity skills gap is a critical issue, with AI seen as a potential solution to improve workforce productivity.

Threat Intelligence

Threat intelligence involves analyzing data to identify potential cyber threats, a process enhanced by AI technologies.

Companies Mentioned in this Article

eBay

eBay is involved in e-commerce and utilizes AI for various operational efficiencies, including cybersecurity measures.

Freedom Debt Relief

Freedom Debt Relief offers financial solutions and may leverage AI to enhance customer service and operational security.

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