Criminal Hackers Are Employing AI To Facilitate Identity Theft
AI is accelerating the reach and sophistication of cybercrime. This Forbes article explains how criminal hackers are using generative AI to scale attacks, compromise credentials, and exploit deepfakes for social engineering. Reading this article will help business leaders recognize emerging AI-driven risks and assess where their current security strategies fall short. Reach out to Clear Technologies for a conversation about how to strengthen your cyber defenses in the age of AI.
How are cybercriminals using AI for identity theft?
Cybercriminals are utilizing artificial intelligence to infiltrate victim networks and conduct automated phishing attempts. They employ self-modifying malware and sophisticated social engineering techniques to deceive individuals and bypass cyber-defense systems, making their attacks more strategic and effective.
What are the statistics on identity theft incidents?
According to the Identity Theft Resource Center’s 2024 report, victim notices surged by 312%, rising from 419 million notices in 2023 to approximately 1.73 billion in 2024. The financial services sector experienced the highest number of breaches, followed by healthcare, professional services, manufacturing, and technology.
What preventive measures can individuals take against identity theft?
To mitigate identity theft risks, individuals and businesses should implement multifactor authentication, use strong passwords, regularly review credit ratings and bank statements, and maintain a resilience strategy for potential breaches. Additionally, employing dedicated devices for financial transactions and utilizing encryption for sensitive data can enhance security.
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Criminal Hackers Are Employing AI To Facilitate Identity Theft
published by Clear Technologies
Clear Technologies is a Value Added Reseller in Addison, TX and we have been in business for over 27 years. We primarily focus on all bare metal in the Data Center and we have extensive knowledge in software and services also. We have some industry experts in all things IBM which falls right in line with the Red Hat portfolio. We have life long employees and clients and it is all built on a basis of taking care of the customer by all means possible. A quote from our COO, Phil Godwin, “The rapid development of new technology and information has impacted many solution providers and their customers. At Clear Technologies, we think of transformation as a constant, instead of, as a destination. We invest in our clients by seeking to understand their problems not only for today, but also tomorrow. Being recognized in the top 500 solution providers is validation of our client first approach.”
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