Officials warn against AI-aided cybercrime

PHISHING FEST: Those looking to extort companies and individual people might use AI to increase the scope and effectiveness of their nefarious ambition, officials said By Shelley Shan / Staff Reporter Add TT as Preferred Source Cybercriminals using artificial intelligence (AI) could make ransomware more automated and targeted, while employing double-extortion tactics that involve stealing sensitive data and threatening to leak it publicly, the Administration for Cybersecurity said yesterday. The administration said that ransomware would forcibly encrypt important data after gaining entry through phishing, malicious sites, network loopholes and illegal software, making them inaccessible to users. Hackers then demand that victims pay a ransom in exchange for a decryption key, it said.Attack