Securing Tomorrow: Battling PhaaS and AI in Cybersecurity | #datingscams | #lovescams | #facebookscams

Phishing-as-a-service (PhaaS) and AI are quickly emerging as cybercriminals’ latest weapon. Such offerings democratize cybercrime and disrupt the cyber landscape by rapidly intensifying attack sophistication and scale. Organizations should implement proactive security measures to safeguard assets from evolving phishing threats, says Candid Wüest of Acronis Research.

A newer form of cyberattack is quickly gaining steam. It can happen on an industrial scale and requires minimal technical sophistication. In fact, for around $60, anyone can launch a phishing attack using this tool.

Many are now familiar with the growing popularity of software-as-a-service (SaaS), where vendors provide services and software to a client with a subscription-based, pay-as-you-use model. These delivery models are popular for their ease of use and affordability, lowering overhead and limiting the amount of permanent hardware installed on-site. 

Cybercriminals recognize the power of as-a-service offerings and have made their nefarious aims available to the masses using this model. These days, Crimeware-as-a-service or Phishing-as-a-service (PhaaS) can turn your average computer user into an information-stealing cybercriminal.  

As-a-Service Offerings Democratize Cybercrime

One famous example of a PhaaS platform is Caffeine. Caffeine is a sophisticated, complex platform equipping attackers with “phishing kits.” The kits comprise everything a user needs to launch a successful phishing attack, from email templates to a list of potential targets. These kits also allow you to customize your approach by region, enabling attackers to pinpoint the regions or countries they want to target. Caffeine costs about $250 per month, but its price tag is on the more expensive end of the spectrum. PhaaS platform kits typically go from $10 to $300Opens a new window