Cybercrime is projected to cost the global economy $10.5 trillion annually by 2025, driven largely by advancements in technology. Cybercriminals are utilizing artificial intelligence to develop more advanced phishing tactics and malware that are harder to detect. This includes the use of deepfake technology to impersonate legitimate figures, leading to massive financial losses. On the defensive end, cybersecurity professionals employ AI-driven models to combat these emerging threats effectively, highlighting the crucial role AI plays in both cyber offense and defense.
Cybercriminals are increasingly leveraging AI technology to enhance their malicious tactics, making phishing and malware attacks more sophisticated.
Deepfake technology poses a serious risk, as cybercriminals use it to impersonate trusted individuals, leading to severe financial losses.
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