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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).

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Store manager admits SIM swapping his customers

Malwarebytes

SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. However, if you have a telecoms manager on your payroll then there’s no need for social engineering—they can just do the SIM swap for you. Katz pleaded guilty before Chief U.S.

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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

By applying high-pressure tactics and the promise of expedited payments, scammers have managed to dupe recipients into providing their personal information and bank account numbers or paying a small “processing fees.” IRS and Bank-related scams. Billions of unsolicited emails are sent to inboxes every day.

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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Upon detection, it alters the banking information of the intended recipient (like the victim’s supplier) to details specified by the perpetrator.

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How to Spot a Fake Robinhood Email

SecureWorld News

Robinhood is an increasingly popular trading app where you can buy and sell stocks, as well as cryptocurrency. Phishing attempts come via email where scammers use different social engineering tactics to pose as a reputable sender like the IRS, your bank or brokerage firm. How to spot phishing emails.

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Australia Recorded the Highest Rate of iOS & Android App Threats

Appknox

Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. Cryptocurrency and NFT attacks are rising as decentralized finance, and digital art assets become sophisticated socially engineered threats. Common Trends Among the Australian Mobile Threats.

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The Origins and History of the Dark Web

Identity IQ

Transactions on the dark web are typically conducted using cryptocurrencies such as Bitcoin to maintain anonymity. The deep web is also made up of content that is not indexed by search engines and requires a login to access. The dark web is similar in that it can’t be found by search engines, but that is where the similarities end.