According to the '2023 Phishing Report' released by SlashNext, malicious phishing emails have surged by 1265% since the fourth quarter of 2022. Generative AI, such as ChatGPT, is widely used to create sophisticated phishing messages, ushering in a new era of cybercrime. There are 31,000 phishing attacks occurring each day, with 68% being text-based Business Email Compromise (BEC) fraud. IBM research has found that ChatGPT can generate fake emails and has made recommendations for addressing email deception threats.