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AI Could Escalate New Type Of Voice Phishing Cyber Attacks
Earlier this week, the Israel National Cyber Directorate (INCD) issued a warning of a new type of cyber-attack that leverages artificial intelligence technology to impersonate senior enterprise executives. The method instructs company employees to perform transactions including money transfers and other malicious activity on the network. There are recent reports of this type of cyber-attack received at the operational center of the INCD. While business email compromise (BEC) types of fraud oftentimes use social engineering methods for a more effective attack, this new method escalates the attack type by using AI-based software, which makes voice phishing calls to senior executives. “Experts have certainly been warning for the past two or three years about the dangerous side of artificial intelligence, namely that agile cyber criminals could use it to extend their reach significantly,” said CNBC Cyber Security Reporter Kate Fazzini.
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