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How AI is changing the face of cyber attacks

colleagues looking at a monitor in an office

Cyber attacks are nothing new - for years businesses and customers have faced phishing attempts, spam emails and even malware and ransomware that try to pilfer their data and finances. But with the rise of AI, cyber attacks are changing.

At Everywhen, we want to help you stay one step ahead of cyber criminals. Read on to find out more about how they use AI in their tactics and what you can do to keep yourself and your business safe online.

Emails and texts

It used to be relatively easy to spot most phishing emails - how often have you received spam with brand or website names spelled incorrectly? Misspellings and clunky wording are usually an instant giveaway. But unfortunately, AI can now be used to neaten all of this up, polishing grammar and spelling until there are no mistakes left1.

The AI can also generate entire emails for the scammer of varied length and structure, which  makes it even harder for email filters to see them as spam, as they won’t share the same template. Using content scraped from web pages means that these emails can be very convincing. That’s why it’s more important than ever to verify the sender before clicking on any links in any email or text you receive.

Voice stealing scams

While it sounds like something straight out of The Little Mermaid, voice stealing is actually a real and documented phenomenon that can be used to extract money or data from customers or businesses. There are different versions of the scam:

list-tick.svgCyber criminals record audio of someone talking, either from an online source or over the phone, then use AI to create an audio “deepfake” - this deepfake is then used to manipulate people via phone call into giving up money or data.

list-tick.svgScammers use AI to clone customers’ voices and deceive banks and businesses into setting up unauthorised direct debit payments2

There are a few steps you can take to minimise your chances of falling prey to a voice stealing scam:

list-tick.svgInstall a spam filter on your phone so you can tell if someone’s calling you from an unknown or suspicious number.

list-tick.svgIf you’re not sure about what the person on the other end of the line is saying (and especially if they’re asking for money), hang up and call them back on a trusted number.

Sometimes these scams go even further and employ video deepfaking too, so it’s crucial to make sure you verify the caller via another channel before you do anything like transferring money or sensitive data.

Mutating malware

Malware is any kind of program designed to damage or gain unauthorised access to computer systems. With the assistance of AI, these programs can become even more dangerous and hard to remove from computer systems - the AI continuously rewrites the malware’s code, which means that if it comes up against detection software, it can effectively disguise itself3.

Make sure your anti-virus and detection software are up-to-date and avoid clicking on any suspicious links, whether in emails or on the web.

Prompt injection

This is when hackers hide AI prompts in otherwise innocent-looking websites or emails. The prompts are usually hidden by changing the font colour or size, and when an AI chatbot reads the prompt, it’s tricked into executing the command - which could lead to sensitive data being lost4.

Be careful about what websites you use and what emails you open - verify the addresses or sender before you click on anything or feed it into an AI chatbot.

Let's talk

Interested in cyber insurance for your business? Get in touch with Everywhen today on 0330 808 1880, or visit our dedicated cyber insurance page here.

Consistent with our policy when giving comment and advice on a non-specific basis, we cannot assume legal responsibility for the accuracy of any particular statement. In the case of specific problems we recommend that professional advice be sought.

Sources:

  1. https://www.techradar.com/pro/security/ai-is-making-phishing-emails-far-more-convincing-with-fewer-typos-and-better-formatting-heres-how-to-stay-safe

  2. https://www.nomorobo.com/ai-voice-scam-alert-how-scammers-clone-voices-to-steal-money/

  3. https://www.ukcybersecuritycouncil.org.uk/blogs/the-next-frontier-in-cyber-conflict-ai-driven-malware-and-autonomous-attack-chains

  4. https://www.trendmicro.com/en_gb/what-is/cyber-attack/types-of-cyber-attacks/prompt-injection.html

diane-caplehorn

Diane Caplehorn

Head of Partnerships – Direct

About Diane

Diane is a respected industry leader with over 25 years' experience within the insurance sector. She works across a wide spectrum of insurance products and policy development, delivery and optimisation for health and beauty, professional risks and martial arts clients, including managing partner relationships helping clients in protecting their businesses. Her areas of expertise within the sector include Micro-SME, Medical Charities.

Diane currently works at Everywhen as Head of Product – Direct. Everywhen combines regional care with national reach, deep sector knowledge and strong insurer relationships to deliver tailored solutions across 55+ schemes. We help our clients navigate everyday and emerging risks with confidence, always and at all times.

She previously worked for 14 years at Gallagher’s as Executive Director.