The SlashNext State of Phishing Report for 2023 reveals a significant increase in phishing attacks   , attributed to the use of generative AI tools   . This report highlights the need for understanding the dangers of AI-generated threats and responding appropriately .
The report shows a staggering 1,265% surge in phishing attacks from Q4 2022 to Q3 2023 , driven by the use of generative AI tools like ChatGPT   . These tools enable cybercriminals to create sophisticated and targeted phishing messages . Credential phishing attacks have also increased by 967% , serving as the primary access point for organizational breaches . The report identifies an average of 31,000 daily phishing attacks, with 68% being text-based Business Email Compromise (BEC) attacks  . Mobile-based attacks      , including SMS phishing (smishing)  , account for 39% of these attacks . The emergence of “Dark LLMs,” malicious chatbots, and AI jailbreaks are mentioned as contributing factors to the rise in phishing . A survey of over 300 cybersecurity professionals reveals that close to half have experienced a BEC attack, 77% have been targeted by phishing attacks , and 28% have received phishing messages via text . The use of AI in phishing attacks allows for the creation of convincing profiles and text , as well as the development of malware . However, AI can also be used for defense against these sophisticated attacks , with effective training proving successful against AI-generated threats. The report emphasizes the evolving threat landscape and the importance of organizations responding appropriately . It predicts an increased demand for AI-driven cybersecurity solutions and emphasizes the need for collaboration between AI developers , cybersecurity professionals   , and policy makers . The findings highlight the potential societal impact of AI-fueled cybercrime , leading to changes in digital communication practices . The report’s accessibility and clear explanations make it valuable , although some technical terms may be unfamiliar to those outside the cybersecurity field . The global implications of phishing attempts targeting individuals and organizations worldwide are significant and could impact the AI investment landscape , emphasizing the necessity of investing in AI-driven cybersecurity solutions .
The report underscores the need for understanding and addressing the true dangers of AI-generated phishing attacks. It highlights the importance of organizations responding appropriately to these threats and predicts an increased demand for AI-driven cybersecurity solutions. Collaboration between AI developers , cybersecurity professionals   , and policy makers is crucial in mitigating the evolving threat landscape. The potential societal impact of AI-fueled cybercrime necessitates changes in digital communication practices . Investing in AI-driven cybersecurity solutions is essential to protect individuals and organizations worldwide and to safeguard the AI investment landscape.