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Application Security

12/30/2019
02:00 PM
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How AI and Cybersecurity Will Intersect in 2020

Understanding the new risks and threats posed by increased use of artificial intelligence.
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Deepfake Audio Takes BEC Attacks into a New Arena   
Business email compromise (BEC) has cost organizations billions of dollars as attackers pose as CEOs and other senior-level managers to trick people in charge of banking accounts to make fraudulent transfers in the guise of closing a deal or otherwise getting business done. Now attackers are taking BEC attacks to a new arena with the use of AI technology: the telephone. This year we saw one of the first reports of an incident where an attacker used deepfake audio to impersonate a company CEO over the phone in order to trick someone at a British energy firm to wire $240,000 to a specious bank account. Experts believe we will see increased use of AI-powered deepfake audio of CEOs to carry out BEC-style attacks in 2020.  

'Even though many organizations have educated employees on how to spot potential phishing emails, many aren't ready for voice to do the same as they're very believable and there really aren't many effective, mainstream ways of detecting them,' says PJ Kirner, CTO and founder of Illumio. 'And while these types of 'voishing' attacks aren't new, we'll see more malicious actors leveraging influential voices to execute attacks next year.' 

Image Source: Adobe Stock

Deepfake Audio Takes BEC Attacks into a New Arena

Business email compromise (BEC) has cost organizations billions of dollars as attackers pose as CEOs and other senior-level managers to trick people in charge of banking accounts to make fraudulent transfers in the guise of closing a deal or otherwise getting business done. Now attackers are taking BEC attacks to a new arena with the use of AI technology: the telephone. This year we saw one of the first reports of an incident where an attacker used deepfake audio to impersonate a company CEO over the phone in order to trick someone at a British energy firm to wire $240,000 to a specious bank account. Experts believe we will see increased use of AI-powered deepfake audio of CEOs to carry out BEC-style attacks in 2020.

"Even though many organizations have educated employees on how to spot potential phishing emails, many aren't ready for voice to do the same as they're very believable and there really aren't many effective, mainstream ways of detecting them," says PJ Kirner, CTO and founder of Illumio. "And while these types of 'voishing' attacks aren't new, we'll see more malicious actors leveraging influential voices to execute attacks next year."

Image Source: Adobe Stock

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