Remove Artificial Intelligence Remove Banking Remove Identity Theft
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Fake bank ads on Instagram scam victims out of money

Malwarebytes

Ads on Instagram—including deepfake videos—are impersonating trusted financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) in order to scam people, according to BleepingComputer. From there, it’s likely the scammers will empty the bank account and move on to their next victim.

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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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National Consumer Protection Week: Keeping your personal data safe in a digitally connected world

Webroot

This month, take advantage of all that NCPW offers, including access to free tools and information that can help you identify and prevent online scams, fraud, and identity theft. Fraud alerts and credit freezes Protect you from identity theft. Secure payment methods Ensure safe processing of financial transactions.

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Hackers using AI Hologram to conduct identity theft

CyberSecurity Insiders

And weed out any image which is frozen, as it can be a video of a fraudster who can use deep fake technology and then ask the other participants to wire money to a bank account. NOTE- Deep fake is an Artificial Intelligence-based technology used by hackers to impersonate others.

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Upload a video selfie to get your Facebook or Instagram account back

Malwarebytes

Do I want to provide Meta with even more material that might end up getting used to train its Artificial Intelligence (AI) models? Right now I only use a video selfie to approve bank transfers of over 1000 Euro (US$ 1075). Protect your social media accounts by using Malwarebytes Identity Theft Protection.

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Cyber Security in Banking: Threats, Solutions & Best Practices

eSecurity Planet

Cyber security in banking has become the frontline defense against an ever-growing wave of digital threats. With billions of dollars and sensitive data at risk, banks are under constant pressure to stay one step ahead of cybercriminals. Table of Contents Toggle What is Cyber Security in Banking?

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Heard about the 16 billion passwords leak? Here are the facts and how to protect yourself

Zero Day

Also:   How to delete yourself from internet search results and hide your identity online For individuals, the damage can be more personal than figures on a balance sheet. And while financial costs may be a factor, individual victims may face targeted phishing campaigns, social engineering schemes, identity theft, and damage to credit.

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