Iran continues to expand on its influence and cyber operations, the rise of which presents a range of security concerns. Analysis of ChatGPT usage and misuse, and reports of increased phishing and HTML attack rates have given way to heightened attention on the potential for cyber warfare and cyber insurance wars. The recent Discord Papers leak, targeting of civilian infrastructure, NotPetya attack, and other developments further highlight the complex, pervasive issues surrounding cyber security.
Microsoft On the Issues recently reported on Iran’s rapid advances in the cyber space. With cyber risks on the rise, the ability to protect against attacks and the subsequent damages is more critical than ever. Security Intelligence took note of the data breach involving ChatGPT, a generative AI, which then led to Samsung banning ChatGPT use by staff. Studies from Cofense, Barracuda and other sources further revealed a 310% increase in malicious email campaigns, HTML attachments doubling within a year, as well as a prevalence of malicious chat bots.
The Washington Post featured an update on recent developments, following an exchange between Ukrainian President Zelensky and the White House regarding the Discord Papers leak. Meanwhile, the UKRNINNFOM website brought to light Russia’s growing investigations targeting civilian infrastructure, while the Wall Street Journal and Fierce Pharma reported on the denial of a Merck damage claim in the NotPetya attack. In related news, the court concluded that the war clause in the insurer’s cyber insurance policy was not applicable to the damages incurred in the attack.
In light of these developments, corporations both large and small must cultivate an understanding of emerging cyber threats, as well as strategies for maximising cybersecurity potentials. This is further emphasised in the conversation with Simone Petrella, our own consultant on cyber workforce strategies. The RSA conference has also provided perspectives that industry experts such as Tim Starks from the Washington Post can lead the way in understanding cyber security’s rapidly changing landscape.
