Targeting the financial sector, Kaspersky spots rising AI cyber attacks.

Experts at cybersecurity firm Kaspersky are warning of an increase in AI-based cyberattacks targeting the financial sector. The company’s latest report predicts a rise in backdoored open-source packages and direct payment systems being targeted by malware. It also anticipates an increase in AI-fueled cyberattacks mimicking genuine communication channels, resulting in lower-quality campaigns. Kaspersky also warns of a surge in open-source backdoored packages, exploiting vulnerabilities in widely used software, potentially leading to data breaches and financial losses. In response to these evolving threats, financial institutions are advised to implement proactive cybersecurity strategies and foster sector-wide collaboration.