According to a recent LinkedIn post from Bugcrowd, AI-generated phishing attacks are reportedly growing rapidly, with a 14x increase and a notable impact on the manufacturing sector. The post points to attackers’ use of large language models (LLMs) to automate highly realistic lures and increase the frequency of targeted campaigns.
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The post suggests that this shift in attacker tooling may raise cyber risk and compliance costs for industrial firms while expanding demand for advanced security and threat-intelligence solutions. For Bugcrowd, which operates in the crowdsourced cybersecurity and vulnerability-discovery space, heightened concern over AI-driven social engineering could support greater enterprise security spending and reinforce the strategic relevance of its platform in defending against evolving attack vectors.

