Tech

AI deepfakes estimated to cause $40 billion in losses by 2027

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  • Deepfakes and critical infrastructure attacks are the top concerns in Blackberry’s Global Threat Intelligence Report
  • 600,000 attacks were launched against critical infrastructure between July-September 2024
  • 45% of these were against financial institutions

Critical infrastructure attacks continue to dominate the cybersecurity conversation, with Blackberry’s Global Threat Intelligence Report revealing nearly 600,000 attacks were levied against critical infrastructure attacks between July-September 2024.

The finance sector continues to face a huge amount of cyberattacks that could leave it on its knees, and is the target of 45% of these attacks, with healthcare organizations close behind making up 30% of incidents, followed by 17% for Government services. Downtime is costly for these sectors, making them more likely to pay a ransom to restore systems quickly – making them an attractive target.

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