Security News > 2024 > February > Vishing, smishing, and phishing attacks skyrocket 1,265% post-ChatGPT

76% of enterprises lack sufficient voice and messaging fraud protection as AI-powered vishing and smishing skyrocket following the launch of ChatGPT, according to Enea.
61% of enterprises still suffer significant losses to mobile fraud, with smishing and vishing being the most prevalent and costly.
85% of enterprises say that security is important or extremely important for their telecoms purchasing decisions.
Security leaders, characterized by better capabilities, better funding, and a higher prioritization of security, are less than half as likely as the followers to have a security breach go undetected or unmitigated.
CSP security leaders are more likely to see security as an opportunity to generate revenues.
"We've observed the rapidly evolving threat landscape with growing concern, particularly as AI-powered techniques become more accessible to cybercriminals," commented John Hughes, SVP and Head of Network Security at Enea.
News URL
https://www.helpnetsecurity.com/2024/02/29/mobile-fraud-losses/
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