Email phishing leads to over 90% of corporate security breaches
Phishing email templates produced by ChatGPT
Phishing by the Numbers
As it is, email phishing leads to over 90% of corporate security breaches, and more than 60% of SMBs (small-to-medium-size businesses) close their doors within months of a phishing attack.
In the fourth quarter of last year alone, Vade email security found 58.9 million emails carried malware, an existential threat to organizations everywhere.
Vade also found monthly volumes for phishing were 62.3 million in October of last year, and 47 million in November, nothing too unusual.
But in December, a crazy-popular time for holiday and end-of-year phishing scams, they report a jump to 169 million, finalizing a month-over-month total increase of 260%.
ChatGPT supports countless personal and business tasks, particularly on massive scales.
Writing emails and other communications barely scratch the surface of what ChatGPT can do but using it for email phishing campaigns is where cybercriminals are focusing their efforts.
It’s important to remember that anyone, no matter their skill level, can become a phishing threat.
Creating enhanced PaaS phishing kits with ChatGPT means new phishing threats are rapidly coming to fruition. According to Vade, “Hackers can weaponize ChatGPT to produce sophisticated phishing kits efficiently by using commands that empower the AI tool to write phishing emails and malicious code in seconds…that’s already become notorious for its cybersecurity implications…”
Always be on the lookout for phishing.
The top give away is that you aren’t expecting the link or attachment and/or that the message makes you feel like you need to do something in a hurry.
While phishing might have been difficult to detect before, it is likely to become even more challenging going forward. We will have to wait and see how much.
Your Dicar networks Team