UK Firms Hit by Surge in AI-Driven Cyber Attacks: IBM Report

A new report from IBM reveals that AI-related security breaches have surged in UK firms, with over 1 in 5 businesses experiencing such incidents in the past year. The study found a 56% increase in AI-driven cyber attacks, resulting in an average cost of $6 million per breach.

Cybercriminals are increasingly targeting AI systems and using them to launch more sophisticated attacks. According to IBM's report, weaknesses in surrounding systems such as compromised APIs and cloud misconfigurations were the most common entry points for these breaches. Deepfake impersonation emerged as the most prevalent AI-enabled attack, cited by 45% of respondents.

Despite the growing threat, UK firms are planning to increase their cybersecurity investments, with 61% intending to bolster spending on areas like incident response and AI governance. Globally, 85% of organizations plan similar security budget increases in response to advanced AI cyber capabilities.