UK Firms Fall Prey to Surge in AI-Driven Cyberattacks

A new report from IBM highlights a significant surge in AI-related security breaches affecting UK businesses. According to the research, over one in five firms experienced such an incident in the past year.

The study's findings show that there was a 56% increase in AI-driven cyberattacks, resulting in an average cost of $6 million per breach. Cybercriminals are increasingly targeting AI systems and leveraging the technology for more sophisticated attacks.

Deepfake impersonation emerged as the most prevalent AI-enabled attack, cited by 45% of respondents. Additionally, there is a growing trend of AI-powered malware and phishing campaigns.

In response to these escalating threats, UK firms are planning to increase their cybersecurity investments. A significant 61% intend to bolster spending on areas like incident response and AI governance.