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AI May Be Lowering the Bar for Cybercriminals in Asia

AI May Be Lowering the Bar for Cybercriminals in Asia
South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminals · livemint.com

Companies in South Korea and Japan are dealing with many cyberattacks.

Some attacks may have used artificial intelligence, but investigations are still underway.

Experts say AI can help people find weaknesses in computer systems and write convincing scam messages.

That can make attacks quicker and easier for people with fewer technical skills.

Japan had more reported cybersecurity incidents by September than in all of the previous year.

South Korea also reported increases in some kinds of attacks, including ransomware.

The incidents have not yet caused material financial losses, according to the report.

Officials in both countries are asking organizations to improve their defenses.

Key facts

Japan incident trend
TrendAI recorded more cybersecurity incidents through September than during all of the previous year.
Japan monthly count
Japan recorded 86 incidents in September, about 18% more than August and 37% more than July.
South Korea incidents
The country reported 1,236 cyber incidents in the first half of the year, up 20% from a year earlier.
South Korean organizations investigating
Nine banks and two mega-churches are probing cyberattacks that may have involved AI.
Attack types in South Korea
Reports of distributed denial-of-service attacks rose 56.7%, and ransomware reports rose 76.8%.
Financial impact
The breaches had not yet resulted in material financial losses, according to the article.
South Korean response
The Financial Services Commission directed financial industry associations, regulators, and affected executives to complete a 12-point cybersecurity self-assessment.
Japanese response
Japan's National Cybersecurity Office plans to issue warnings to businesses after a meeting convened by digital transformation minister Toshiharu Furukawa.

Quotes

John Hultquist

Chief analyst at Google’s Threat Intelligence Group.

“At this point, we can assume that all threat actors are using AI in some capacity and their operations have benefited.”
livemint.com
“While capabilities were not terribly sophisticated they were effective.”
livemint.com

Nobuo Miwa

President of Tokyo-based cybersecurity firm S&J Corp.

“AI doesn't get tired... My view is that Japan is essentially being subjected to carpet bombing.”
livemint.com

Sources

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