Dear enterprise IT: Cybercriminals use AI too

In a 2017 Deloitte survey, only 42% of respondents considered their institutions to be extremely or very effective at managing cybersecurity risk. The pandemic has certainly done nothing to alleviate these concerns. Despite increased IT security investments companies made in 2020 to deal with distributed IT and work-from-home challenges, nearly 80% of senior IT workers and IT security leaders believe their organizations lack sufficient defenses against cyberattacks, according to IDG. Unfortunately, the cybersecurity landscape is poised to become more treacherous with the emergence of AI-powered cyberattacks, which could enable cybercriminals to fly under the radar of conventional, rules-based detection tools. For example, when AI is thrown into the mix, "fake email" could become nearly indistinguishable from trusted contact messages.