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the cyber security agency or CSA warns
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that the growth of artificial
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intelligence could enable more
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sophisticated cyber attacks in his
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annual report on the digital landscape
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in Singapore CSA says this is an
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emerging area of concern even as overall
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cyber threat numbers fail or remain
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constant now 4,100 fishing attempts were
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reported last year that's half the cases
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logged in 2022 but still about a third
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more than in 2021 CSA found that 13% of
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the fishing scams it analyzed last year
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were likely generated by AI these
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fishing emails typically have fewer
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grammatical errors with better sentence
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structure flow and reasoning the ai's
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ability to take on a more authoritative
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tone makes them more convincing and
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dangerous now cyber Security
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Professionals add that these AI assisted
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attacks are between five and 20% more
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effective some years ago um these threat
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actors would Lage gift cards to hide the
1:11
destination where the cards funds are
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going to go towards these days they are
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the quantums go into the thousands um
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that's a significant leveling up of
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their appetite now the question is why
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the why is because they've actually
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learned how to launder money faster
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to deep and dark web services that are
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available the CSA report highlights a
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software called fraud GPT which promises
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to teach users how to hack write malware
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and find vulnerabilities over 3,000
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copies of the militia software have been
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sold since July last year the agency
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warns there are other tools like one
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that can crack over half of the common
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passwords in under 60
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seconds now we are aware that Trad
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actors are experimenting with uh AI
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technology to enhance their attacks and
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schemes uh such as automating hacking
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processes or creating engaging deep fake
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video calls uh even in real time so
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Singapore is working with our partners
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and monitoring the trajectory of AI
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enabled trats very closely uh we are
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working together on Collective efforts
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to counter the treat as it
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evolves the good news is that current
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efforts to improve cyber hygiene seem to
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have paid off fewer systems were
2:31
infected by viruses last year and
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incidents of ransomware where hackers
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infiltrate systems and whole stolen data
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hostage remain the same now CSA has also
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rolled out a guide to help organizations
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and users better secure mobile devices
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it outlines issues like who and what
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should be involved in the process
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organizers organizations will also be
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taught how to keep system secure and
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what to do if there is a breed
