A government report forecasts a surge in AI-driven cyberattacks, including deepfakes and LLM prompt hacking, targeting the BFSI sector. Phishing attacks on financial institutions have already surged by 175% in the first half of 2024. Experts warn that these sophisticated and frequent attacks pose disastrous risks, requiring innovative countermeasures to defend against the evolving threat landscape.
Key sectors facing cyber threats from deepfakes, AI-generated content: Report
