Are we facing an AI Armageddon? With the rise of Generative AI, concerns are increasing about cybercriminals leveraging advanced AI tools to create sophisticated, unblockable zero-day threats. But are these fears justified? And if so, how severe is the threat? This discussion will explore the realities of Generative AI in cybercrime, delving into incidents like deepfake scams, including a million-dollar fake Business Email Compromise video call. The conversation will discuss how Generative AI is enhancing phishing attacks through personalization and automation, enabling cybercriminals to scale their efforts more rapidly. The presentation will also demonstrate how Generative AI can generate basic malware and assist in the development of advanced threats, such as polymorphic and metamorphic malware. While Generative AI indeed scales attacks, it doesn’t create entirely new threat patterns, allowing behavior-based detections to remain effective—similar to how malware builder kits or Metasploit lowered the entry barrier for attackers without rendering traditional defenses obsolete. Additionally, the discussion will cover threats that exploit Generative AI, such as indirect prompt injection attacks against Retrieval-Augmented Generation systems and AI applications. Finally, the talk will weigh current AI threats against existing defenses and highlight future research areas, including zero-day vulnerabilities and supply chain attacks targeting Generative AI. Join us to separate the hype from the real impact of Generative AI in cybercrime and understand its implications for cybersecurity.
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