AI (artificial intelligence) has quickly become our friend and enemy at the same time for businesses. On the one hand, AI is boosting customer service, improving data analysis and streamlining daily tasks. On the other hand, AI is making it easier for cybercriminals to bypass security and making illegal attempts harder to detect. Here are a few examples of AI-powered fraudulent activity that are affecting businesses right now.
Efforts in cracking passwords have traditionally involved a lot of trial and error. AI has significantly moved the process forward by analyzing password patterns and predicting passwords with alarming accuracy. You can use password managers to come up with highly secure passwords and store them.
AI-powered adaptive malware gives hackers an edge on bypassing securities. It learns how to mimic user behavior (even listening to keystrokes!), alter codes and disguise its activity to avoid being detected by antivirus programs and detection systems.
The use of machine learning to create deepfakes such as videos, images and audio are becoming increasingly common to target businesses. Many employees are falling victim to convincing voicemails that sound just like their boss directing them to do something like transferring funds or sharing sensitive information.
CAPTCHAs are meant to be a line of defense against bots. However, AI tools can now analyze CAPTCHA images nearly as good as humans, allowing bots to slip by security barriers. AI systems can recognize patterns and solve them quickly and accurately.
As cybercriminals continue to use AI to develop more fraudulent methods to attack businesses, companies need to implement stronger defenses. ICC can help assess your company’s security and put defense tactics into place like multi-factor authentication, security software and more to fully protect your data, sensitive information and reputation. If you are missing one element of cyber defense you could be putting your business at risk. Contact us to get started.
October 16, 2025
