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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.

Banking 142
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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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Scammers Target Netflix Users: Expert Issues Urgent Warning

eSecurity Planet

The rise in artificial intelligence and advanced phishing methods has made it even harder. If they log in, now their username and password belong to the hacker, Zilberstein explained. Use a strong, unique password for your Netflix account. If necessary, contact your bank and report the scam.

Scams 108
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16 billion passwords leaked across Apple, Google, more: What to know and how to protect yourself

Zero Day

Here's how to buy one Nintendo Switch 2 revealed: Specs, pricing, release date (out now), and more official details The $700 Android phone that made me forget about my Pixel 9 Pro Best small business web hosting services of 2025 Memorial Day headphone sales 2025 Best Linux VPNs of 2025 Best online video editors of 2025 Best CRM software of 2025 (..)

Passwords 101
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Heard about the 16 billion passwords leak? Here are the facts and how to protect yourself

Zero Day

Here's how to buy one Nintendo Switch 2 revealed: Specs, pricing, release date (out now), and more official details The $700 Android phone that made me forget about my Pixel 9 Pro Best small business web hosting services of 2025 Memorial Day headphone sales 2025 Best Linux VPNs of 2025 Best online video editors of 2025 Best CRM software of 2025 (..)

Passwords 106
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MY TAKE: Account hijackers follow small banks, credit unions over to mobile banking apps

The Last Watchdog

Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. Related: OneSpan’s rebranding launch. Key takeaways: Shifting risks.

Banking 147
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The Role and Benefits of AI in Cybersecurity

SecureWorld News

This is where Artificial Intelligence (AI) steps in. Hence, it is evident that artificial intelligence is revolutionizing the cybersecurity industry by providing quicker, more accurate, and more efficient ways to detect cyber attacks. For example, a Gulf-based bank struggled with high false positive alerts.