Experian's 12th Annual Data Breach Industry Forecast
Experian (OTC:EXPGF), a global leader in consumer credit reporting, has released its 12th Annual Data Breach Industry Forecast, which provides insights into potential cybersecurity trends for 2025. The report suggests that emerging threats could arise from AI-savvy teenagers and employees with AI training, as global data breaches continue to rise.
Key Predictions
The forecast outlines five key predictions for the next year:
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Rise in Teen Cybercrime: An increase in cybercrimes committed by teenagers is expected, influenced by online platforms such as gaming and social media. The FBI notes that the average age of cybercrime arrests is 19, versus 37 for other crimes. Enhanced legislation against online harassment could result in more teens facing prosecution.
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Insider Fraud: Employees trained in AI may misuse their skills to commit fraud against their employers. Experian indicates that at least one major global brand may fall victim to such internal threats in the near future.
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Data Centers as Targets: Data centers, especially those powering AI technologies, are highlighted as potential targets due to their high energy consumption. An attack disrupting the power supply for these data centers could impair a nation’s cloud infrastructure.
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Hacker-on-Hacker Attacks: A rise in cybercriminals targeting each other is anticipated, suggesting that even perpetrators may not be safe from cyberattacks aimed at political or financial gain.
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Dynamic Identification: To combat AI-driven fraud, Experian predicts a shift towards dynamic identification methods to replace traditional static ID approaches, enhancing security by continually changing personal identification information.
Expert Insights
Michael Bruemmer, vice president of Global Data Breach Resolution at Experian, emphasizes the growing concern over AI-related incidents, predicting they will become a significant focus in 2025. While supply chain breaches and ransomware dominated 2024, AI now presents new challenges warranting increased cybersecurity investment.
Jim Steven, Head of Crisis and Data Response Services at Experian in the UK, shares these sentiments and foresees the continuation of data breaches at the current rate, with ransomware becoming more sophisticated due to AI. He also predicts an increase in the exploitation of consumer data for reputation damage.
Experian provides international resources for companies facing security incidents, including IdentityWorksSM Global, multilingual call centers, and notifications available in over 100 countries.
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