AI-Driven Phishing Scams Escalate, Targeting Corporate Executives

Cybercriminals are leveraging AI to create hyper-personalized phishing emails that evade traditional defenses and exploit human vulnerabilities.

AI-powered phishing scams are increasingly targeting corporate executives with emails that mimic personal writing styles and contain specific personal details.
These scams use AI to scrape data from online profiles and social media, enabling fraudsters to craft highly convincing messages that bypass traditional email filters.
Experts warn that these attacks are harder to detect and have contributed to a rise in cybercrime, with phishing responsible for over 90% of successful breaches.
Businesses like eBay and Beazley have reported a surge in these sophisticated phishing attempts, which aim to steal sensitive information or facilitate financial fraud.
Cybersecurity agencies and companies are developing AI-driven tools to counter these threats, but ongoing employee training remains critical to mitigating risks.