New Delhi, December 22 (IANS). Artificial Intelligence (AI) 'exploded' into the public sphere in 2023, with the development of large language models (LLMs) such as OpenAI's ChatGPT. According to experts, this trend is expected to continue beyond 2024. This is because hackers and cybersecurity professionals are continuing to improve their use of AI and machine learning (ML).
Recently, two new deepfake videos of Infosys founder Narayana Murthy were shared on social media, allegedly promoting a so-called investment platform 'Quantum AI', claiming that this new technology The user will be able to earn $3,000 (approximately Rs 2.5 lakh) in the first day itself.
A video shows a transformed version of the statue, claiming that he is working on a 'Quantum AI' project with tech billionaire Elon Musk.
Zerodha co-founder and CEO Nitin Kamath posted a deepfake video of himself, which was enough to convince users that it was Kamath. He said that its purpose is to highlight the growing threat from AI.
Such attacks will become more sophisticated in the coming days as threat actors continue to use AI tools and successfully circumvent security controls such as Multi-Factor Authentication (MFA), Zero Trust, and other foundational security technologies in 2024. Aided and AI-powered attacks will see an increase.
According to information security company CyberArk, deepfakes will pose a major threat to India's cyber security in 2024. These attacks will target individuals, businesses, and even government institutions, with the aim of spreading misinformation, manipulating public opinion, and disrupting critical infrastructure.
The financial consequences of these attacks can be severe, potentially causing reputational damage, loss of investor confidence, and even economic instability.
The recent deepfake controversies involving actresses Rashmika Mandanna, Kajol and Katrina Kaif have made it a public issue in India. With both India and the US going into key election years, experts believe deep fakes are likely to remain prominent in cybersecurity and misinformation campaigns.
“To combat this growing threat, Indian organizations should invest in deepfake detection and mitigation technologies, raise awareness about the dangers of deepfakes among their employees, and develop strong cybersecurity strategies,” the researchers said. That can withstand these sophisticated attacks.”
Researchers also predict that ransomware attacks are expected to increase in 2024, surpassing the worrying 91 percent reported in 2022, and that increased cloud adoption will lead to an increase in identity-based attacks. Can.
According to International Data Corporation (IDC), the overall India public cloud services market is expected to grow to $17.8 billion by 2027, exhibiting a whopping CAGR of 23.4 percent for the period 2022-2027.
According to cybersecurity company Securonics, financial services, healthcare and education will continue to attract the attention of threats because their economic importance and data value make them particularly attractive targets.
In late 2022, AIIMS Delhi faced a serious attack before successfully repelling another attack in mid-2023.
“Government and non-governmental organizations working on important economic, justice, and civil issues may also become targets of disinformation and cyberattack campaigns by foreign and domestic actors,” the experts said.
When it comes to phishing emails and social engineering exploits, this trend is likely to continue in 2024.
Last year, phishing attempts increased by 62 percent and threat agents will continue to use phishing emails as the main source of compromise in 2024 with new and evolving tactics, techniques, and procedures (TTPs).
According to experts, QR code-based phishing (quishing) gained popularity in 2023 and saw a rise in more advanced strategies like man-in-the-middle (MITM) and adversary-in-the-middle (AITM) attack methods. Gai, which takes advantage of tools like evil proxies.
In addition to phishing, advanced tactics like social engineering and malware will also remain prevalent. Experts also asked to be prepared for new types of AI-based attacks that may emerge in 2024.
CyberArk researchers said, “For every positive step forward made in the field of AI, an equally powerful threat emerges. The dark side of AI can manifest in sophisticated cyber threats and malicious activities powered by the same technologies that drive efficiency, automation, And are designed to enhance decision making.”
He added, “As AI becomes more pervasive, adversaries will increasingly exploit its capabilities, creating new attack vectors that exploit vulnerabilities in new ways.”
The researchers suggested that these predictions for the next year underline the need for organizations to invest in cutting-edge technologies, raise awareness, and develop robust strategies that can withstand the onslaught of emerging cyber threats.
–IANS
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