Remove Artificial Intelligence Remove Cybercrime 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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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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Cybersecurity Event Cancelled After Being Hit By Cybercriminals

Joseph Steinberg

An online cybersecurity event with 2,500 people already logged in had to be cancelled after suspected cybercriminals launched a social engineering attack in the event’s chat window.

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See No Evil, Hear No Evil: The Use of Deepfakes in Social Engineering Attacks

Security Boulevard

Artificial Intelligence (AI) is one of the most high-profile technology developments in recent history. The post See No Evil, Hear No Evil: The Use of Deepfakes in Social Engineering Attacks appeared first on The State of Security. It would appear that there is no end to what AI can do.

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Research Examines WormGPT, an AI Cybercrime Tool Used in BEC Attacks

SecureWorld News

In its latest research , SlashNext—a provider of multi-channel phishing and human hacking solutions—delves into the emerging use of generative AI, including OpenAI's ChatGPT, and the cybercrime tool WormGPT, in Business Email Compromise (BEC) attacks. Urgency is a key emotion that social engineers prey upon to induce actions."

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Webcast Tackles How to Protect Oneself Against the Dark Side of AI

SecureWorld News

Eastern, and will provide viewers with information they need to understand the future of cybercrime and give them tools to stop it. Rachel was also a winner of DEF CON's wild spectator sport, the Social Engineering Capture the Flag contest, three years in a row.

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ChatGPT and How Generative AI Is Changing the Attack Landscape

SecureWorld News

If you hadn't heard already, ChatGPT, launched in November 2022 by OpenAI, is a chatbot that uses what's known as generative artificial intelligence (AI). The problem isn't that people may use this tool to make their lives easier, it's that people may use it to commit cybercrime, and do it way more efficiently and effectively.