Phishing 2.0 is here

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Jack Vesey

Managing Director
Jack holds a vast amount of experience in proposition management and development. In his career, he’s led initiatives across acquisition, commercial & governance in the financial services sector.

At bzb IT, he manages the strategic direction of the company.

Phishing has always been a threat, and a commonly used way of hackers gaining access to networks & businesses. Now, with AI, it’s more dangerous than ever. Phishing 2.0 is here. It’s smarter, more convincing, and harder to detect. Understanding this new threat is crucial.

A recent study found a 60% increase in AI-driven phishing attacks. This is a wake-up call that phishing is only getting worse. Here’s how AI is amplifying phishing and what you can do to protect yourself.

The Evolution of Phishing

Phishing began simply. Attackers sent out mass emails. They hoped someone would take the bait. The emails were often crude, using poor grammar and obvious lies were common. Many people could spot them easily.

But things have changed. Attackers now use AI to improve their tactics. AI helps them craft convincing messages. It also helps them target specific individuals. This makes phishing more effective.

How AI Enhances Phishing:

Creating Realistic Messages

AI can analyse huge amounts of data. It studies how people write and speak. This helps it create realistic phishing messages. These messages sound like they come from a real person. They mimic the tone and style of legitimate communications. This makes them harder to spot.

Personalized Attacks

AI can gather information from social media and other sources. It uses this information to create personalized messages. They might reference your job, hobbies, or recent activities. We’ve seen new staff members become a target when updating their LinkedIn profiles. This personalization increases the chances that you’ll believe the message is real.

Spear Phishing

Spear phishing targets specific individuals or organizations. It’s more sophisticated than regular phishing. AI makes spear phishing even more dangerous. It helps attackers research their targets in depth. They can craft highly tailored messages. These messages are hard to distinguish from legitimate ones.

Automated Phishing

AI automates many aspects of phishing. It can send out thousands of phishing messages quickly. It can also adapt messages based on responses. If someone clicks a link but doesn’t enter information, AI can send a follow-up email. This persistence increases the likelihood of success.

Deepfake Technology

Deepfakes use AI to create realistic fake videos and audio. Attackers can use deepfakes in phishing attacks. For example, they might create a video of a CEO asking for sensitive information. This adds a new layer of deception. It makes phishing even more convincing.

The Impact of AI-Enhancing Phishing

Increased Success Rates

AI makes phishing more effective. More people fall for these sophisticated attacks. This leads to more data breaches. Companies lose money. Individuals face identity theft and other issues.

Harder to Detect

Traditional phishing detection methods struggle against AI-enhanced attacks. Spam filters may not catch them. Employees may not recognise them as threats. This makes it easier for attackers to succeed.

Shadow IT

Employees may feel the new system isn’t meeting their needs. This can cause them to resort to using unauthorized tools (shadow IT). This creates security risks and undermines the investment in the new technology.

Greater Damage

Personalised attacks can lead to significant data breaches. Attackers can gain access to highly sensitive information. They can also disrupt operations. The consequences can be deeper and more severe.

How to Protect Yourself

Be Skeptical

A healthy dose of scepticism for unsolicited messages. Even if they appear to come from a trusted source. Verify the sender’s identity. Don’t click on links or download attachments from unknown sources. Sometimes just take a moment to think and kick-away the autopilot.

Check for Red Flags

Look for red flags in emails. These might include generic greetings, urgent language, or requests for sensitive information. Be cautious if the email seems too good to be true.

Use Multi-Factor Authentication (MFA)

MFA adds an extra layer of security. Even if an attacker gets your password, they’ll need another form of verification. This makes it harder for them to access your accounts even after an end user slip-up.

Education

Education is key. Learn about phishing tactics. Stay informed about the latest threats. Share this knowledge with others. Training can help people recognize and avoid phishing attacks.

Verify Requests for Sensitive Information

Never provide sensitive information via email. If you receive a request, verify it through a separate communication channel. Contact the person directly using a known phone number or email address.

Use Advanced Security Tools

Invest in advanced security tools. Anti-phishing software can help detect and block phishing attempts. Email filters can screen out suspicious messages. Keep your security software up to date.

Report Phishing Attempts

Report phishing attempts to your IT team or email provider. This helps them improve their security measures. It also helps protect others from similar attacks.

Enable Email Authentication Protocols

Email authentication protocols like SPF, DKIM, and DMARC help protect against email spoofing. Ensure these protocols are enabled for your domain. This adds an extra layer of security to your emails.

Regular Security Audits

Conduct regular security audits. This helps identify vulnerabilities in your systems. Addressing these vulnerabilities can prevent phishing attacks.

Ready to Become More Confident Safeguarding Against Phishing 2.0?

Phishing 2.0 is a serious threat. AI amplifies the danger, making attacks more convincing and harder to detect. How do you handle cyber security currently? Maybe it’s time for a review?

Contact us today to schedule a chat about Cyber Security safety.

Article used with permission from The Technology Press.

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