Enterprise cybersecurity protections are failing to keep pace with the evolving threat landscape, which now includes everything from the weaponization of AI to state-sponsored hacking groups to the metastasizing of run-of-the-mill vulnerabilities (misconfigurations, unpatched devices) that are getting exponentially harder to keep up with as system complexity increases.
Many of today’s security holes also align with high-growth tech markets, such as AI and cloud computing. For instance, in its State of Phishing 2024 report, email security firm SlashNet found that generative AI, such as ChatGPT, is driving a spike in phishing. SlashNet found that since Q4 2022, phishing emails have spiked by more than a thousand percent, with credential phishing in particular driving the bulk of that increase.