PYMNTS.com January 2, 2025

Phishing scams targeting corporate executives are reportedly increasing thanks to AI.

Companies like eBay and British insurer Beazley have warned about an uptick in fraudulent emails containing personal details, likely obtained via artificial intelligence (AI) analysis of online profiles, the Financial Times (FT) reported Thursday (Jan. 2).

“This is getting worse and it’s getting very personal, and this is why we suspect AI is behind a lot of it,” Kirsty Kelly, chief information security officer at Beazley, told the FT. “We’re starting to see very targeted attacks that have scraped an immense amount of information about a person.”

According to the report, cyber security experts say these attacks are increasing as AI grows in sophistication. AI bots can quickly consume...

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Topics: AI (Artificial Intelligence), Cybersecurity, Technology
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