Tag: #PhishingAttacks
Cyber-enabled fraud has overtaken ransomware to become the most pressing cyber risk facing organizations worldwide. That is one of the central findings of the World Economic Forum Global Cybersecurity Outlook 2026, developed in collaboration with Accenture. The report paints a clear picture. Artificial intelligence, geopolitical fragmentation, and the rapid scale of cyber-enabled fraud are reshaping […]
Cyber insurance claims data offers a rare view into what truly fails and what actually works during a cyber incident. In the first half of 2025, phishing-related attacks were responsible for 49% of all cyber insurance payouts, up sharply from 18% in 2024. Business interruption costs accounted for nearly 40% of total insured losses, often […]
North Korean hackers have used ChatGPT in a phishing campaign, generating a fake South Korean military ID to deceive victims. The Kimsuky group, linked to Pyongyang, was behind this attack, which shows how generative AI in cybercrime is expanding beyond text generation. The incident underlines a worrying trend: AI cyber attacks are becoming more sophisticated, […]