Cyber threats are evolving, and cybersecurity professionals must adapt to stay ahead of the game.
The report highlights the increasing trend of using AI in cyber attacks. AI-powered tools are being used to create more sophisticated phishing emails, personalized to an individual’s name, location, and interests, making them more convincing and effective. The report also notes that AI-powered tools are being used to create fake social media profiles, to spread malware, and to conduct business email compromise attacks. The report emphasizes the need for cybersecurity professionals to develop skills that are relevant to the evolving threat landscape. The report highlights the importance of understanding the characteristics of AI-powered attacks and how they can be differentiated from traditional attacks.
According to a report by the FBI, in 2023, there were over 1.4 million reported BEC attacks worldwide. This number is expected to continue to rise as more organizations become aware of the threat and take steps to protect themselves.
Understanding the Threat of BEC Attacks
BEC stands for Business Email Compromise. It is a type of cyber attack where an attacker poses as a legitimate business or individual and sends a fake email to a company’s employees, often with the intention of tricking them into transferring money or sensitive information.
Types of BEC Attacks
“They’re the backbone of our economy, and they’re the ones who are most vulnerable to the effects of climate change.”
The Unseen Consequences of Climate Change on Small Businesses
Climate change is often viewed as a global issue, with its effects felt across the world. However, its impact on small businesses is often overlooked. Small businesses are the backbone of many local economies, providing essential services and products to their communities. Yet, they are disproportionately affected by the changing climate.
The Vulnerability of Small Businesses
Small businesses are more vulnerable to the effects of climate change due to several factors. These include:
The Human Cost of Climate Change on Small Businesses
The human cost of climate change on small businesses is significant. Many small business owners are forced to make difficult decisions, such as:
You can read more and get the full report on the Abnormal blog.