AI-Powered Social Engineering Dominates 90% of Cyber Attacks

AI-Powered Social Engineering Dominates 90% of Cyber Attacks

Since the recent rise of cyber attacks, the battleground has shifted from technical exploits to human vulnerabilities, with sophisticated technologies like deepfake videos and AI-manipulated audio at the forefront. According to a new cyber threat report from Avast, social engineering tactics now dominate nearly 90% of cyberattacks on mobile devices and 87% on desktop devices during the first quarter of 2024. These attacks, focusing more on manipulating human behavior than breaching technical defenses, represent a significant change in the cybercrime landscape.

The report highlights a surge in scams utilizing advanced technologies such as deepfake videos and AI-altered audio. Cybercriminals hijack popular YouTube channels and other social media platforms to disseminate fraudulent content, making their scams increasingly believable by leveraging high-profile events and figures.

Prime Target of Cyber Attacks

YouTube has become a prime target for these sophisticated threats. Avast’s data shows that in the past year, four million unique users were protected from YouTube-based attacks, with approximately 500,000 users shielded in the first quarter alone. Cybercriminals exploit YouTube’s automated advertising and user-generated content features to bypass traditional security measures, employing a range of tactics from phishing campaigns to malware distribution.

Some of the most common scam techniques on YouTube include:

  • Phishing Campaigns: Cybercriminals target content creators with fake collaboration offers, leading to malware infections and account takeovers.
  • Malicious Links in Video Descriptions: Attackers disguise harmful links as legitimate downloads for popular software, tricking users into installing malware.
  • Channel Hijacking: Hackers gain control of YouTube accounts to promote scams, such as fraudulent cryptocurrency schemes that often begin with fake giveaways.
  • Fake Software Downloads: Scammers create domains that mimic reputable software brands, distributing malware under the guise of genuine software.

More Details on the Cyber Attacks

Beyond YouTube, the report identifies Malware-as-a-Service (MaaS) as a burgeoning sector in cybercrime. This model allows criminals to rent out malware, enabling even inexperienced hackers to launch attacks for a commission. This democratization of advanced cyber tools has made sophisticated attacks accessible to a broader range of criminals.

Specific malware, such as DarkGate and Lumma Stealer, are noted for their widespread use, propagating through platforms like Microsoft Teams and YouTube. These methods highlight the continuous evolution of cybercriminal strategies, with a strong emphasis on social engineering.

Jakub Kroustek, Malware Research Director at Gen, emphasized the gravity of the situation: “In the first quarter of 2024, we reported the highest ever cyber risk ratio, meaning the highest probability of any individual being the target of a cyberattack.” He pointed out that cybercriminals exploit human vulnerabilities, leveraging emotional responses and curiosity to access personal information and financial assets.

As technical exploits and hacks in cryptocurrency have declined over the past year, Avast’s report underscores the rise of non-technical attacks. Human vulnerabilities are often the most challenging aspect of security operations, and AI’s rapid advancement presents a formidable challenge for security experts.

Conclusion

In today’s rapidly evolving landscape of cyber threats, it is essential to remain vigilant and informed. By gaining insight into the intricate tactics used by cybercriminals, individuals and organizations can enhance their ability to safeguard against these constantly changing risks.

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