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6:00 AMFinancial Times
Hackers hijack AI accounts and servers to fuel new cyber crime boom
Summary
Security researchers warn that attackers are increasingly hijacking companies’ AI accounts and servers to access expensive computing resources. The activity, known as LLM-jacking, turns stolen AI infrastructure into a source of illicit capacity and revenue.
The shift moves cybercrime beyond data theft toward direct abuse of AI infrastructure and cloud
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Why it matters
As AI compute becomes more valuable, attackers can monetize stolen infrastructure even without stealing sensitive data.
Growing cyber threats are pushing organisations to spend heavily on security, lifting investor enthusiasm for cybersecurity companies. The market is pricing in sustained demand as businesses treat cyber risk as an escalating financial and operational threat.
The decisive shift is that fear of disruption is converting into large, urgent security budgets.
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Why it matters
Cyber risk is becoming a major budget and investment theme, but the sector's valuations now depend on fear translating into durable revenue growth.