Cybercrime 2024

Cybercrime Hits Record Levels in 2024: How AI is Making Attacks More Targeted

Cybercrime surged to record levels in 2024, causing over €10 billion in global economic losses. AI significantly amplified these attacks, enabling more sophisticated phishing, voice cloning, and credential theft. Specific industries, including energy, healthcare, and manufacturing, were heavily targeted. While large corporations invested heavily in cybersecurity, small and medium-sized enterprises remained vulnerable. The text concludes by emphasizing the need for proactive measures like employee training and AI-driven defenses to combat these evolving threats. ... Read More