DeepSec Talk 2024: GenAI and Cybercrime: Separating Fact from Fiction – Candid Wüest
Are we standing at the brink of an AI Armageddon? With the rise of Generative AI (GenAI), cybercriminals allegedly now use unprecedented AI tools, flooding the digital world with sophisticated, unblockable threats. This talk aims to dissect the hype and uncover the reality behind the use of GenAI in cybercrime. We will explore the growing use of deepfakes in scams, exemplified by a million dollar fake BEC video conference call. From son-in-trouble scams to KYC bypass schemes, deepfakes are becoming versatile tools for cybercriminals and a nightmare for defenders. Turning to phishing attacks, we’ll discuss how GenAI personalizes and automates social engineering, significantly increasing the volume of attacks. However, they still require an account to send from and some payload. Having the ultimate phishing text does not mean you are not blocked. We’ll also