Cybercriminals may be using a generative AI tool called WormGPT to create convincing phishing emails to support business email compromise attacks. A new survey shows that 1 in 5 people fall for the fake, AI-generated emails, according to cybersecurity researchers.
In the latest weekly update, ISMG editors discuss the complex task of phasing out magnetic stripe payment cards and why the United States lags behind, the great debate over best of breed vs. a single platform vendor approach, and AI insights from Palo Alto CIO Meerah Rajavel.
Palo Alto Networks is experimenting with generative AI to improve product delivery and employee experience. The company just completed a proof of concept for a go-to-market strategy for product relaunches, and AI is helping to accelerate the process, said Meerah Rajavel, CIO of Palo Alto Networks.
Life sciences firms, including pharmaceutical companies, are facing growing challenges in securing complex sets of sensitive data, including genomic information, said H-ISAC's Phil Englert, one of many high-profile speakers who will discuss industry trends at ISMG's upcoming Healthcare Summit 2023.
To rethink security strategies, enterprises should tap into edge computing, adopt technologies such as generative AI and ensure "secure by default" practices, said Fastly Vice President Sean Leach. He discussed the evolving risk landscape and third-party providers' role in managing security.
Generative AI is growing rapidly as organizations seek ways to transform human tasks. With the ability to process and analyze large volumes of data in real time, AI can empower defenders to detect and respond to threats more effectively, said John Giamatteo, cybersecurity president at BlackBerry.
With the growing reliance on digital technologies and the escalating sophistication of cyberthreats, organizations need to be prepared for potential cyber incidents and establish the ability to recover from them, according Rubrik's Abhilash Purushothaman.
Supply chain attacks, such as the MOVEit data breach that has affected more than 150 organizations, are "the nature of the landscape now," said security leader Ian Hill of Upp Corp. The answer to this scourge may be using generative AI to qualify partners and to analyze and score supply chain risk.
There is a need to redefine the cybersecurity strategy for CISOs to align with their strategic goals of building cyber resiliency and automation to scale up today’s defenses in supporting the business, said Diwakar Dayal, managing director and country manager, India and SAARC, SentinelOne.
Apart from some of the threats surrounding AI, this emerging technology can help defenders formulate effective policies and controls to prevent and mitigate BEC scams. With the evolving threat landscape, harnessing AI becomes crucial in defending, said Johan Dreyer, CTO at Mimecast.
The Telecom Regulatory Authority of India has mandated that telco firms deploy AI filters to block unsolicited calls and messages. But who will create this model, and who will acquire the data? Anand Venkatanarayanan, co-founder of DeepStrat, discussed multiple issues that need to be resolved.
Hackers use generative AI to churn out code that exploits vulnerabilities, while defenders use it to get more context around flaws discovered in their ecosystem, said CEO Amit Yoran. Tenable uses generative AI to spot and prioritize all the instances of MOVEit in a customer's environment.
Organizations need to adopt a creative approach when building policies around the legal, commercial and reputational risks raised by generative AI tools - such as with privacy, consumer protection and contractual obligations, said legal expert Anna King of Markel.
CISO Ian Thornton-Trump said he is opportunistic about using chatbots but warns that the technology needs oversight and testing to ensure "the responses that it's giving are accurate and the information it's able to access is also pertinent to the questions that are commonly asked."
With the growth of generative AI services, organizations want better control of the data going in and coming out of AI. Talon CEO Ofer Ben-Noon discussed how his firm has built a DLP compliance model around generative AI services that blocks healthcare information or SWIFT data shared with ChatGPT.