ChatGPT security risks, data protection and developments in the cybercrime landscape

Welcome to Proteqt Insights' latest edition! In this issue, we will explore the security risks posed by ChatGPT, emphasise the significance of data protection in today's digital age, and provide valuable insights regarding the evolving cybercrime landscape.

ChatGPT security risks in the business world: what you need to know

ChatGPT has gained significant attention in the business world, but it also comes with security risks that organisations must be aware of. Here are five threats to consider:

1.????Malware

ChatGPT can inadvertently generate malicious code, posing a risk if it falls into the wrong hands. Maintaining strict monitoring and security protocols is essential to prevent such incidents.

2.????Phishing and social engineering attacks

Generative AI enhances the effectiveness of phishing campaigns, enabling cybercriminals to create compelling content tailored to specific targets. Organisations must be vigilant against these sophisticated attacks.

3.????Exposure of sensitive data

ChatGPT users may unintentionally expose sensitive information, providing the tool with confidential business data. Proper security measures and training are vital to prevent the accidental sharing of this data.

4.????Skill development for cybercriminals

While generative AI has educational benefits, it can enable aspiring hackers to acquire technical skills more efficiently. This reinforces the need for intense monitoring and regulation to prevent the misuse of AI tools.

5.????API Attacks

As the number of APIs in enterprises grows, so does the risk of their attacks. Cybercriminals may manipulate ChatGPT to identify vulnerabilities and exploit API flaws, potentially compromising your organisation's security infrastructure.

We emphasise responsible AI usage and encourage you to implement security measures when using ChatGPT or any generative AI technology. Regularly train your teams, maintain strict data verification and monitor practices to reduce these risks effectively. Curious about how to protect your data from cyber threats? Read our blog here .

Tips and insights for a secure digital age

Data protection holds enormous importance in today's digital age. It is crucial to ensure the security and privacy of sensitive information. In our new blog, our colleague Anna addresses this significance and provides practical tips for effective implementation in 2023.

Anna De Vita 's blog covers various data types that require protection, such as personal information and sensitive records. She sheds light on the potential risks associated with data breaches and offers five tips to enhance data protection.

Find out how you can safeguard valdatauable data .

The State of the Cybercrime Underground

Discover invaluable insights and strengthen your organisation's defences with Cybersixgill's annual report, "The State of the Cybercrime Underground." This extensive study offers a deep dive into cybercriminals' ever-changing tactics, tools, and procedures, providing crucial guidance to minimise risks and ensure unwavering business resilience.

Within this comprehensive report, key findings shed light on emerging trends and developments in the cybercrime landscape. Let's explore some of the discoveries:

1.????A decline in credit card fraud

The sale of compromised credit cards on illegal platforms has significantly decreased. Improved authentication, real-time fraud detection, and enhanced security measures by e-commerce sites have contributed to this positive trend.

2.????Cryptocurrency as a tool and target

Cybercriminals exploit the anonymity of cryptocurrencies for illegal activities like buying illicit goods and laundering money from cyberattacks. However, there has been an increase in crypto account takeover attacks and the targeting of digital assets.

3.????Democratisation of AI

Artificial Intelligence, especially ChatGPT and other AI tools, has become popular among cybercriminals. This technology even enables less skilled individuals to automate malicious activities and simplify the attack process.

4.????Commercialisation of cybercrime with As-a-Service offerings

The "As-a-Service" business model has made cybercriminal operations more commercialised and scalable. Ransomware-as-a-Service (RaaS) is a trend where developers lease their technology to affiliates, leading to a surge in ransomware attacks.

Stay up to date with the latest developments and find solutions to protect your organisation from the constantly evolving cybercrime landscape. Read and download the full report here .

Job openings

Ready for a career that fulfils?your passion and utilises your skills? Discover the following roles that could be your match:

IT Risk Officer ?

• Make a significant impact in identity and access management. Join our partner's enterprise risk management team and ensure their business operates within the established risk appetite.

Software Test Engineer

• Become a talented test automation engineer in the Hague. Ensure software quality through testing and optimise the platform. Contribute to a company promoting a good and safe society by investigating evidence in criminal cases.

Business Analyst ?

• Calling all analytical minds! Strengthen our client in the financial sector as a skilled business analyst. Dive into data analysis, reporting, and documenting business requirements for risk and finance regarding IT projects.

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Thank you for being a part of Proteqt Insights. We hope you found this edition informative and valuable. Ensuring your security and data protection is our top priority, and we encourage you to stay informed and proactive. Take advantage of the latest security, cloud, and data updates by subscribing to our newsletter. Until next time!

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