Computerweekly AI Accelerates Cyber Attacks Amid Rising Breaches
Article Content
- •AI has accelerated the tempo of cyber attacks, making them faster and cheaper.
- •78% of breaches are due to system intrusions and social engineering.
- •The average cost of a data breach is now nearly $5 million globally.
Cybersecurity reports indicate a significant rise in breaches, with AI enhancing the speed and efficiency of attacks. System intrusions and social engineering account for 78% of breaches, while vulnerability exploitation has increased by 55% year over year. The human element is involved in 62% of breaches, with third-party and supply chain issues rising to 48%. AI has lowered the barrier for attackers, allowing them to conduct reconnaissance and exploit vulnerabilities more swiftly. The average cost of a data breach has reached nearly $5 million globally, with the U.S. average at $11.5 million. Organizations are urged to focus on basic security fundamentals to mitigate these risks.
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