Remove Artificial Intelligence Remove Authentication Remove Scams Remove Social Engineering
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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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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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Hong Kong Clerk Defrauded of $25 Million in Sophisticated Deepfake Scam

SecureWorld News

As artificial intelligence continues advancing at a rapid pace, criminals are increasingly using AI capabilities to carry out sophisticated scams and attacks. The scam began with the employee receiving a phishing message purportedly from the company's chief financial officer requesting an urgent confidential transaction.

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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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Zero Trust: What These Overused Cybersecurity Buzz Words Actually Mean – And Do Not Mean

Joseph Steinberg

And, of course, they must know, and be able to strongly authenticate, any human users as well. The post Zero Trust: What These Overused Cybersecurity Buzz Words Actually Mean – And Do Not Mean appeared first on Joseph Steinberg: CyberSecurity, Privacy, & Artificial Intelligence (AI) Advisor.

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Is the Future of Digital Identity Safe?

Thales Cloud Protection & Licensing

Many are wrongfully saying that “people are the weakest link” in the security chain, but how can one blame an employee for being tricked by sophisticated social engineering attacks just because they are working remotely? Enterprises need to evolve their identity and access management policy towards a modernized authentication solution.

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Top 5 Cyber Predictions for 2024: A CISO Perspective

Security Boulevard

This past year set a profound stage, from the advent of stringent cyber regulations to the convergence of generative AI, social engineering, and ransomware. Last year, we witnessed the fast-evolving nature of social engineering attacks, and this evolution poses greater challenges for detection and defense.

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