Israel issues warning on AI Cyber Attacks

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Israel government’s cyber intelligence wing has issued a warning on Tuesday saying that hackers could launch AI-powered cyber attacks which can help impersonate senior executives of multinational companies.

In such attacks, often audio instructions are sent to employees working for a firm by impersonating the voice of the company head or the CEO/Founder. This malicious activity takes place from the company’s computer network and so remains less suspicious for employees who execute the tasks.

The Israel National Cyber Directorate (INCD) has alerted the authorities of public and private on this issue and warned that corporate’s should keep an eye on their company’s financial transactions on an occasional note.

The other kind of attack is related to business email compromise where fraudsters are sent impersonating a company via email and motivating the concerned employees to transfer funds- all through social engineering attack mediums.

Security analysts from INCD suggest that this method of a cyber attack has evolved in recent times, as hackers are seen using AI-based software to making phishing calls and send phishing emails to senior executives or staff.

Wonder how AI software uses the past conversations of the senior employees and impersonates their voice for malevolent purposes.

A recent study conducted by INCD says that hackers have developed software which after listening to 20 minutes to a particular voice, mimic the voice to the core.

Training employees by making them aware of the present day scenario in the field of cybersecurity, verifying instructions, keeping an eye on email using technological means to prevent threats might help mitigate such cyber threats to a large extent say, experts.

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security