Darktrace released its half year financial results today, and you can find the full announcementhere.
Alongside its financials, Darktrace released new data from across its customer base that shows how phishing attacks are continuing to evolve:
- ‘Novel social engineering’ attacks – phishing attacks that use more sophisticated language and punctuation than a typical phishing email – grew by 35% between September and December 2023.
- This follows data previously released by Darktrace showing a 135% increase, on average, in these attacks in January and February last year, coinciding with the general adoption of ChatGPT.
- The ongoing rise in these sophisticated techniques suggests attackers are continuing to increase their use of generative AI tools to make their attacks more potent.
- It’s not just the sophistication of phishing attacks that is increasing, but also the scale, with Darktrace customers receiving 2,867,000 phishing emails in December alone, a 14% increase on September.
As they grow, AI threats have become a critical priority on the agendas of security teams, and they are questioning whether their organizations are prepared. In new data Darktrace is also releasing today, the company recently surveyed over 1700 security experts around the world to understand how they perceive this challenge:
- 89% of IT security experts believe AI-augmented cyber threats will have a significant impact on their organization within the next two years.
- Yet, 60% believe they are currently unprepared to defend against these attacks.
- Their two greatest concerns, both rated as 3.84 by respondents, on a 1-5 scale of risk are:
- Increased volume and sophistication of malware attacks – like those delivered by phishing emails – that target known vulnerabilities in software.
- Employee use of generative AI tools, leading to sensitive data being leaked.
The growing adoption of AI adds to the impact automation and as-a-service attacks are already having on the threats organizations face. The Darktrace threat report, released in January, showed that as-a-service attacks, which provide cybercriminals with everything from pre-made malware to templates for phishing emails, payment processing systems and even helplines, make up the majority of attacks.
You can find a blog post from Darktrace’s Chief Product Officer, Max Heinemeyer, delving more deeply into the findings here.
Commenting on the cybersecurity landscape, Darktrace CEO Poppy Gustafsson, said: “We continue to see the cyber-crime landscape evolve rapidly in a challenging geopolitical environment and as the availability of generative AI tools lowers the barrier to entry for hostile actors. Against this backdrop and in the period ahead, we are preparing to roll out enhanced market and product positioning to better demonstrate how our unique AI can help organizations to address novel threats across their entire technology footprint.”
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This entry was posted on March 7, 2024 at 10:12 am and is filed under Commentary with tags Darktrace. You can follow any responses to this entry through the RSS 2.0 feed.
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Darktrace Releases 1H FY 2024 Results Along With New Threat Landscape Data
Darktrace released its half year financial results today, and you can find the full announcementhere.
Alongside its financials, Darktrace released new data from across its customer base that shows how phishing attacks are continuing to evolve:
As they grow, AI threats have become a critical priority on the agendas of security teams, and they are questioning whether their organizations are prepared. In new data Darktrace is also releasing today, the company recently surveyed over 1700 security experts around the world to understand how they perceive this challenge:
The growing adoption of AI adds to the impact automation and as-a-service attacks are already having on the threats organizations face. The Darktrace threat report, released in January, showed that as-a-service attacks, which provide cybercriminals with everything from pre-made malware to templates for phishing emails, payment processing systems and even helplines, make up the majority of attacks.
You can find a blog post from Darktrace’s Chief Product Officer, Max Heinemeyer, delving more deeply into the findings here.
Commenting on the cybersecurity landscape, Darktrace CEO Poppy Gustafsson, said: “We continue to see the cyber-crime landscape evolve rapidly in a challenging geopolitical environment and as the availability of generative AI tools lowers the barrier to entry for hostile actors. Against this backdrop and in the period ahead, we are preparing to roll out enhanced market and product positioning to better demonstrate how our unique AI can help organizations to address novel threats across their entire technology footprint.”
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This entry was posted on March 7, 2024 at 10:12 am and is filed under Commentary with tags Darktrace. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.