As AI continues to grow, crimes are also becoming more sophisticated. They used this technology to register .AI domains with trusted brands, launch phishing attacks, and launch malicious activities, according to the 2023 Domain Security Report.
According to the report, this is also due to the fact that around 1,000 Forbes Global companies do not manage their own branded .AI domain names.
Increase in domain disputes
The CSC report notes that while AI technology is being embraced around the world for its transformative power, the same technology can be tampered with as criminals use it to launch attacks. I made one thing clear.
Along with this, the report shows that domain dispute incidents related to AI extensions will also increase in 2023, as .AI domains using private brands are misused by third parties.
CSC found that 43% of Forbes Global 2,000 companies have no control over their branded .AI domain names because they are registered by a third party.
Additionally, 49% of these companies’ .AI branded domains remain unregistered, It leaves you exposed to fraud and brand infringement.
The report further shows that 84% of companies using AI-registered branded domains are owned by third parties. Industries such as banking, diversified finance, IT, and software services have the most stolen domains.
“.AI is an unregistered domain extension, making it an attractive and accessible domain name for cybercriminals,” said Mark Calandra, president of CSC Digital Brand Services. I told the CSO.
“With companies operating multiple brands, fraudsters are poised to leverage their trusted names to steal “branded” AI domains that are still available.
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Fake domain thread
According to the CSO article, this problem became noticeable when: launch Number of threads on Instagram. Parent company Meta introduced its new online platform in July of this year, and within just five days of its launch, it became such a hit that it recorded over 100 million sign-ups, surpassing ChatGPT as the most It has become a rapidly growing platform.
Security company Veriti noticed that: increase Since then, the creation of suspicious domains has increased, with more than 700 fake domains related to the thread being created and registered every day.
According to the security firm, these posed a significant threat to users because they were aimed at distributing malware and luring unsuspecting individuals into downloading untrusted versions of apps.
But Calandra says companies can also do something to limit the problem.
“With recent media coverage of the potential future use of AI for fraud, it is important to register your brand with the .AI domain extension to protect your key trademarks.”
He also added that businesses need rapid detection software and “neutralize confusing look-alike brands that imitate your brand.”
Therefore, the CSC report highlighted that third-party lookalike domains will increase to 79% in 2023 compared to 4% recorded in the previous year. After evaluating similar domains, CSC found that 40% had records of email exchanges that could be used to intercept emails or send phishing emails.
The report includes mentions of domain parking and advertising (36%), resolution to websites unrelated to the brand owner (14%), and malicious content that can damage brand reputation and customer trust. It also lists other uses, such as references to. (1%).
A recent report found that as AI advances, scammers are also finding more and more ways to trick unsuspecting users. For example, they discovered a way to infiltrate Microsoft’s Bing Chat with malicious ads that redirect users to a specific website.