Everyone thinks they can spot a phishing email. If true, we would not see so many security incidents, data breaches, and ransomware attacks. The statistics are overwhelming that phishing emails are a significant cause of data breaches.
If everyone was able to spot a phishing email, threat actors would stop using them. It wouldn’t be worth their time, and they would use other methods to attack victims. However, because of their effectiveness, phishing attacks actually surged 40% in 2023, according to research by Egress.
One theory about why this is true is because of the use of artificial intelligence (AI). Threat actors are using generative AI to draft phishing emails that look and sound like they are in the victim’s native language. There are no grammatical errors or misspellings in the message, which used to make detection easier. In addition, AI-generated deepfake videos or voiceovers are used by threat actors in phishing attacks to lure victims into believing that the threat actor is someone they know, trust, or love. Further, AI can assist threat actors with actually writing the malware code for the attack.
Threat actors are also hiring other attackers to carry out phishing campaigns, which is known as Phishing-as-a-Service (PhaaS). This allows threat actors to conduct more campaigns to a wider net of potential victims.
According to The Hacker News, “While AI and PHaaS have made phishing easier, businesses and individuals can still defend against these threats. By understanding the tactics used by threat actors and implementing effective security measures, the risk of falling victim to phishing attacks can be reduced.”
Recognize that phishing (and smishing, vishing, and qrishing) campaigns are increasing. Stay abreast of the new tactics used, and stay vigilant in identifying and protecting yourself against them.