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AI making cyber attacks costlier and more effective: Munich Re
Munich Re reports a nearly 50% rise in cyberattacks on SMEs in 2025, fueled by autonomous AI systems and hireable criminal services accelerating global threats.
- On Wednesday, Munich Re warned that artificial intelligence is enabling increasingly sophisticated cyberattacks on businesses, using "highly personalised phishing emails" and computer-generated fake identities to operate more efficiently and with greater precision.
- The reinsurer's study noted that while attacks on large businesses attract public attention, "the majority of cyber incidents and claims affect micro-companies and SMEs," with reported attacks increasing by nearly 50 percent in 2025.
- Martin Kreuzer, head of cyber risks at Munich Re, warned that "agentic AI" systems now "act autonomously, make decisions, and even circumvent defensive mechanisms," while disinformation is increasingly weaponized in hybrid warfare.
- Cybercrime losses are projected to reach $14 billion by 2028, with Munich Re noting that "if cybercrime were a country, it would be the third-largest economy in the world" behind only the United States and China.
- Kreuzer said "cyber risk coverage is still far too low, with only a fraction insured" compared to natural catastrophe risks, even as nation-state actors remain among the most professional players in the threat landscape.
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14 Articles
14 Articles
With the revolution of the AI, cyberattacks are becoming increasingly sophisticated and costly, warns the reinsurer Munich Re in a study published this Wednesday.
·Paris, France
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Coverage Details
Total News Sources14
Leaning Left1Leaning Right3Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
13%
C 50%
R 37%
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