Key Takeaways
- A survey of Chief Information Security Officers (CISOs) rated phishing and deep fakes as the two greatest AI cybersecurity threats.
- More than half CISOs surveyed said their personal wellbeing has been affected by concerns about liability.
- One in three have taken personal steps to protect themselves like buying additional insurance or seeking legal counsel.
The proliferation of artificial intelligence (AI) is keeping cybersecurity professionals up at night.
AI-driven phishing and deep-fake fraud attacks are the two biggest threats according to a survey of Chief Information Security Officers (CISOs) from the venture capital firm Team8.
In fact, phishing emails have skyrocketed 1,265% and credential phishing has grown 967% since the fourth quarter of 2022, the report said, citing data from Bessemer.
Taking Protective Measures
More than half CISOs surveyed said their personal wellbeing has been affected by concerns about liability, and one in three have taken personal steps to protect themselves like buying additional insurance or seeking legal counsel.
Companies also are fighting fire with fire. Nearly 85% of CISOs see AI as a tool to defend against attacks, and more than 70% reported an increase in their cybersecurity budgets this year. The sectors that saw the biggest budget increases are financial services, tech, and industrial/manufacturing, the report said.
In terms of challenges within their own organizations for utilizing AI, CISOs rated a lack of expertise and balancing security with usability as the two biggest hurdles.