Cybersecurity costs are set to reach $10.5 trillion in 2024, highlighting the urgency for robust defenses against rising AI-powered attacks and social engineering scams. The 2025 Global Threat Report reveals a staggering 442% increase in credential theft attempts in late 2024, driven by generative AI. Cybercriminals are effectively weaponizing AI for more sophisticated attacks, such as realistic phishing and deepfakes. This arms race between hackers and organizations underscores the need for greater user awareness and strengthened security measures to counteract the evolving landscape of cyber threats.
The explosive rise of AI-powered attacks and next-level social engineering keeps organizations and security experts up at night, prompting a need for heightened awareness.
AI-generated phishing emails boast a shocking 54% click rate, compared to just 12% for those written by humans, highlighting the effectiveness of AI in cybercrime.
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