A recent report highlights that artificial intelligence (AI) is escalating cybercrime threats to businesses worldwide. In 2022, there were 640 billion unauthorized attempts to access digital systems globally, with significant increases in brute-force and exploitation attempts, particularly affecting Indian organizations with a 72% rise in spyware attacks.

• 01In 2022, there were 640 billion unauthorized access attempts globally, as reported by Fortinet.
• 02The number of brute-force attacks reached 67.65 billion attempts.
• 03Exploitation attempts totaled 121.99 billion, indicating a serious security concern.
• 04Indian organizations faced 369,445 spyware attacks in 2022, a significant increase from 214,407 in 2021.
• 05The rise in spyware attacks represents a 72% increase year-over-year in India.

The rise in cybercrime, particularly spyware attacks, poses significant risks to businesses, potentially leading to data breaches and financial losses.