GenAI-Powered Attacks Surge with Ease
Generative AI platforms are lowering the technical bar for cybercrime. Tools like WormGPT and FraudGPT automate malicious content: from phishing emails to malware creation. A mere $1.6K investment and three months of “training time” delivered an AI-powered malware that evaded Microsoft Defender 8% of the time—demonstrating attackers’ maturity.
On a global scale, cybercriminals now operate like startups—funding R&D, offering “Fraud-as-a-Service,” and employing AI agents to amplify their reach. In the U.S. alone, fraud losses exceeded $12 billion in 2024 and are expected to exceed $40 billion by 2027.
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