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A CISO’s guide on the Rising risks of Enhanced Phishing

Chief Information Security Officers (CISOs) have some serious responsibilities on their shoulders as they single-handedly carry the security policies and enforcement, which are directly proportionate to an entire company’s success or downfall.

CISO’s insights and knowledge allow a company to balance out supporting its internal team while guarding the organization’s data and infrastructure.

However, in recent years, CISOs have witnessed shifts in the cybersecurity realm; especially with the technological advancements, cyberattacks such as phishing have increased by 58%, consisting of 90% data and 42% malware and ransomware attacks, affecting millions of users yearly (Cisco).

Even with the latest security protocols and software, it is only possible to fully protect against cyber threats with proper security awareness and strategies.

Therefore, to protect your company from an avoidable phishing attempt, AITech Park brings you a comprehensive guide on the different types of phishing attacks and how CISOs and their internal teams can handle them.

Understanding the Next-Generation Phishing Attacks

The traditional phishing attacks were quite different from what CISOs are currently dealing with.

Earlier phishing attacks could easily be identified with misspellings or poorly worded messages; while we might consider these tactics to be quite sloppy, cyber attackers were well aware of their target, but people who fell into that trap were not aware and would often click on links.

However, with a mix of generative AI, cybercriminals can now ingest more data by using different tones and words and targeting CEOs and other senior leaders of various enterprises and organizations that use massive datasets every day.

For a better understanding, let’s dive into the different types of new-age phishing attacks:

Vishing and Smishing

AI-based phishing attacks are quite common in today’s digital landscape. Vishing is a voiced-based campaign (phone calls), and smishing is a text-based attack. AI has changed the way vishing attacks are launched, as now they can launch a live interaction by calling the victim using a deep fake. Attackers use the voice of someone that the victim knows and then extract money or personal data from them. Similarly, instead of calling scammers, smishing (SMS text messages with links and attachments) is used to gain users’ information.

In the ever-evolving technological landscape, the stakes of falling into phishing scams are quite high. Therefore, to create a safe environment for every industry, CISOs must adopt a multifaceted approach that will not only combat network abuse but also aid in fostering a culture of security awareness.

To Know More, Read Full Article @ https://ai-techpark.com/risks-of-enhanced-phishing/

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