A LEADING cyber protection provider has released the findings of its Mid-Year Cyberthreats Report, From Innovation to Risk: Managing the Implications of AI-driven Cyberattacks. The comprehensive study, based on data captured from more than 1 million global endpoints, provides insight into the evolving cybersecurity landscape and uncovers the growing utilization of generative artificial intelligence (AI) systems, such as ChatGPT, by cybercriminals to craft malicious content and execute sophisticated attacks.

The biannual threat report highlights ransomware as the dominant risk to small and medium businesses. And while the number of new ransomware variants continues to decline, ransomware attacks' severity remains significant. Equally concerning is the growing prominence of data stealers, who leverage stolen credentials to gain unauthorized access to sensitive information.