Remove Artificial Intelligence Remove Cryptocurrency 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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Unmasking Crypto Scams: The Team Effort Behind the Con

Digital Shadows

Whether you’re a crypto-skeptic or a crypto-maximalist, it cannot be denied that the mostly unregulated cryptocurrency ecosystem is no stranger to fraud. To conduct attacks specifically linked to cryptocurrency, threat actors must usually cooperate within a web of associates—just like any other area of cyber crime.

Scams 40
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Trying to Give Disinformation Deepfakes a 'Swiftie' Kick in the Butt

SecureWorld News

Enter the age of the deepfake, where artificial intelligence becomes a weapon of misinformation, and celebrities like Taylor Swift are just pixels away from a digital doppelganger nightmare. Social engineering: Deepfakes can impersonate celebrities, extract sensitive information from fans, or manipulate public opinion.

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Spam and phishing in 2023

SecureList

Some of the scam sites discovered promised to reimburse a certain sum to the customers of a major international telecommunications company. Alongside the usual get-rich-doing-nothing and paid survey scams, we encountered a few less conventional scenarios. Scam sites also used cryptocurrency as bait.

Phishing 101
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New Cyberthreats for 2021

Adam Levin

The massive shift to work from home in response to the Covid-19 pandemic has meant a rush to secure a wider range of home devices and networks, and an instant spike in demand for training and services that protect employees in identifying attempted cyberattacks and scams. Economic stimulus checks were targeted.

IoT 130
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ChatGPT: Cybersecurity friend or foe?

Malwarebytes

ChatGPT—the much-hyped, artificial intelligence (AI) chatbot that provides human-like responses from an enormous knowledge base—has been embraced practically everywhere, from private sector businesses to K–12 classrooms. As of November 2022, people can no longer ignore the artificial elephant in the room.