AI-generated phishing emails are getting very good at targeting executives

AI-generated phishing emails are getting very good at targeting executives
arstechnica.com

by Financial Times • 1 month ago

Corporate executives face a surge in hyper-personalized phishing scams generated by AI, which utilize extensive data scraping to craft convincing emails. Companies like Beazley and eBay report that these sophisticated attacks are increasingly targeted, making it harder for traditional security measures to detect them. The rise of AI in cybercrime has led to significant financial losses, with the average cost of a data breach projected to reach $4.9 million in 2024.

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