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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Crooks created a new tool that uses Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and BEC. Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams.

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New AI Scams to Look Out For in 2024

Identity IQ

New AI Scams to Look Out For in 2024 IdentityIQ Artificial intelligence (AI) has quickly reshaped many aspects of everyday life. Here are three new AI scams to look out for in 2024 as well as some tips to help protect yourself and stay prepared for the explosive development of AI.

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Financial sextortion scams on the rise

Malwarebytes

In an emerging trend, some sextortion scammers are now using artificial intelligence to manipulate photos from victims’ social media accounts into sexually graphic content. However, NCRI notes virtually all sextortion scams targeting minors can be directly linked to a distributed West African gang known as the Yahoo Boys.

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Key Insights from the OpenText 2024 Threat Perspective

Webroot

As we navigate through 2024, the cyber threat landscape continues to evolve, bringing new challenges for both businesses and individual consumers. The uptick is primarily attributed to attackers leveraging advanced tools like generative artificial intelligence (AI), which helps them craft malware that’s more sophisticated and adaptive.

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AI-generated voices in robocalls are illegal, rules FCC

Malwarebytes

The Federal Communications Commission (FCC) has announced that calls made with voices generated with the help of Artificial Intelligence (AI) will be considered “artificial” under the Telephone Consumer Protection Act (TCPA). Violations of the TCPA are subject to stiff civil penalties. Do not engage with the call at all.

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Voice Cloning Conundrum: Navigating Deepfakes in Synthetic Media

SecureWorld News

Introduction The inaugural issue of AI-Cybersecurity Update set the stage for a broad discussion on the transformative impacts of artificial intelligence on cybersecurity. While this technology offers transformative potential in areas like accessibility, education, and creative industries, it also raises grave security concerns.

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5 Major Cybersecurity Trends to Know for 2024

eSecurity Planet

We each need to consider how these trends may affect our organizations and allocate our budgets and resources accordingly: AI will turbo-charge cybersecurity and cyberthreats: Artificial intelligence (AI) will boost both attackers and defenders while causing governance issues and learning pains.