Daily Episode 195 - The Impending Wave of Cyber Crime

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Breaking Down: Collapse 15 min 1 speaker 8 chapters transcribed 1 month ago
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Why is AI making cyber‑crime easier for everyday people?

Corey 0:00
Please join us on Patreon. We would love to see you there. There's a link, as always, in the description. All right, it's time for everybody's favorite topic, one that everybody has an opinion on. You love it. You hate it. You think it's going to change society for the better. You think it's going to completely destroy society. Maybe you think it already has. It's going to destroy the economy. It's going to fix the economy. Who knows what the frick it's going to do? It's AI. We've talked about the impacts of AI from about a million different perspectives, just a huge, vast number of potential impacts of AI, ranging from what it can already do to what it may be able to do in the future to the negative impacts of the investments that we're making in it.
Corey 1:09
to the economy, to the environment, et cetera, et cetera, on and on. Well, the aspect that we're gonna talk about today is not one that we've really spoken about too much up to this point, and that is the potential for bad actors to use AI to more easily be able to carry out cyber attacks. Ones that perhaps were not possible before. And again, this with the type of AI that we already have and the potential AIs that are coming as improvements are made. So this topic kind of came to mind because of a statement that was made this week by the National Security Agency and Central Security Service. This is referred to as the Five Eyes Agreement.

What did the Five Eyes cybersecurity agencies warn about AI‑driven threats?

Corey 1:48
It is multiple nations' top security agencies come together to make an assessment of overall global security concerns. So this is from June 22nd, titled Five Eyes Cybersecurity Agency Statement. As the leaders of the Five Eyes cybersecurity agencies, we are united in our call to action. The evolving landscape of artificial intelligence is rapidly transforming cyber risk. and we must act swiftly to remain ahead. A call to action. While AI will help us improve cyber defense over time, it also accelerates the speed, scale, and sophistication of cyber threats. Frontier AI models are anticipated to exceed current industry expectations. fundamentally transforming both offensive and defensive cyber capabilities.
Corey 2:33
The timeline is not years, it is months. So that's the first part that I find interesting here is that they're saying this is not something that we're talking about needing to prepare for years down the road. We're talking about capabilities that may be possible here in the next just months. It says, in this environment, cyber resilience is integral to advancing business continuity, market confidence, and long-term value. We urge leaders to understand and assess risks, readiness and accountability, prioritize foundational cybersecurity practices and controls, empower cyber leaders with authority and resources, stay actively engaged as threats and guidance evolve. The urgency is clear. AI is not a future consideration.
Corey 3:18
It is already here. It lowers barriers for malicious actors and increases the speed and complexity of attacks. shrinking the window between vulnerability discovery and exploitation ever more quickly. At the same time, AI offers powerful tools to strengthen defense.

How did an amateur hacker use Claude and OpenAI agents to breach 14 companies?

Corey 3:33
All right, then they talk about some practical uses, you know, what's needed, key actions for leaders, how to use AI to strengthen your defense, and saying then at the end that we must act now. This is signed by top, you know, the head of security, from Australia, Canada, New Zealand, the UK, and the United States. All right, now it's not necessarily anything new or groundbreaking discussed here, but this has been something that's popping up more and more in the news very recently due to some things that we'll talk about here in a moment. And it's becoming more of a threat, not just theoretical either, as there have been attempts and some successful attempts at cyber attacks being carried out with the aid of AI.
Corey 4:19
All right. So with that, let's talk about some of those cases. What's happened here? So there is an article from BGR.com. This is a tech website titled Amateur Hacker Used Claude and OpenAI Agents to Hack 14 Companies.

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