Barracuda has reported on how generative AI is being used to create and distribute spam emails and craft highly persuasive phishing attacks. These threats continue to evolve and escalate – but they are not the only ways in which attackers leverage AI. Security researchers are now seeing threat actors manipulate companies’ AI tools and tamper with their AI security features to steal and compromise information and weaken a target’s defences. 

Australian mutual banks must accelerate digital transformation investments or face losing market share to larger, more technologically advanced competitors, according to a new S&P Global Ratings report.