Artificial Intelligence Cybercrime Identity Theft Social Engineering 
Security Affairs
JANUARY 3, 2024
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.
BH Consulting
MAY 23, 2023
Say it again, I double dare you Anyone familiar with phishing and social engineering will know scammers often use psychological tricks to get victims to divulge personal data. Repetition can lead people to over-disclose information, that could then put them at risk of identity theft and cybercrime.
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Security Boulevard
FEBRUARY 24, 2021
When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Fraud and identity theft are on the rise, with online shopping hacks and COVID-related scams popular among cybercriminals. . Article by Beau Peters.
Security Boulevard
JUNE 26, 2023
Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.
Adam Levin
DECEMBER 7, 2020
Many of the contact tracing scams of 2020 similarly followed social engineering scripts that have been used in taxpayer identity theft schemes since the 1990s as well. As with any potential cybercrime, deterrence here will be aided by an awareness of what deepfakes are, how they work, and what they can and can’t do.
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