Artificial Intelligence (AI) has transformed countless industries and cybersecurity is no exception. Cybercriminals are embracing generative AI and chatbots like ChatGPT to increase the speed and variation of their attacks. At the same time, companies are investing in AI-powered cybersecurity tools to anticipate and mitigate threats.
A survey by The Economist Intelligence Unit found that 48.9 percent of global executives and leading security experts believe that AI and machine learning are best equipped for countering modern cyber threats. So, it’s no surprise that a report by Verified Market Research, found that the market size for AI-enabled cybersecurity is expected to reach $80.83 billion by 2023, an increase from an estimated $7.58 billion in 2022.
One area in which AI-powered cybersecurity is making an impact is phishing attacks. One of the most common forms of malware, phishing is the practice of sending emails or other messages purported to be from reputable sources including trusted vendors, co-workers and employees. Cybercriminals can craft emails that look so credible and realistic that an unsuspecting recipient will click on them, often providing personal information, such as passwords.
Today, there are AI-based systems that can detect whether an email is legitimate or a phishing trap. For example, using machine learning, these tools can:
- Block trackers embedded into emails that can disclose confidential information
- Identify patterns using identity graphs to detect phishing emails
- Alert users with dynamic color-coded warning banners that signify different threat level
Phishing is one of the easiest ways for hackers to access your clients’ networks and their sensitive information. Fortinet can help. FortiMail safeguards organizations against the full spectrum of email-based threats such as phishing, ransomware, zero-day and business email compromise (BEC) attacks. Our solution leverages FortiGuard AI-powered Security Services developed by FortiGuard Labs, providing cutting-edge security technology to prevent, detect and respond to email-based threats in real-time.
Fortinet’s Security and Awareness Training empowers your clients to serve as an additional line of defense in preventing phishing. It can help you build a cyber-aware culture where employees recognize and avoid falling victim to cyberattacks. For compliance-sensitive organizations, the service also helps satisfy regulatory or industry compliance training requirements.
You can learn more about Fortinet’s AI-powered email security solutions here.