Identity Theft on the Rise: Cybercriminals Utilize AI to Exploit Vulnerabilities
Identity theft, which refers to the illicit acquisition and utilization of an individual’s private identifying information, typically for financial benefit, has become a pressing global concern. The increasing sophistication and expertise of cybercriminals have escalated the threat to identities. These criminals are employing artificial intelligence (AI) technologies to steal identities by infiltrating and examining victim networks. To deceive or undermine cyber-defense systems and applications, cybercriminals have developed preferred techniques that include self-modifying malware and automated phishing attempts[…]