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Social engineering, deception becomes increasingly sophisticated

Security Affairs

Social engineering techniques are becoming increasingly sophisticated and are exploiting multiple emerging means, such as deep fakes. Deepfake technology, what’s it?

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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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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. Technologies that synthesize realistic fake media, known as deepfakes, are among the newest tools being deployed to enable fraud.

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News alert: Reken raises $10M from Greycroft to protect against generative AI-enabled fraud

The Last Watchdog

The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats, such as deepfake social engineering and autonomous fraud. While billions have been spent on security products, the impact of cybercrime has actually been getting worse.

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GUEST ESSAY: The rise of ‘PhaaS’ — and a roadmap to mitigate ‘Phishing-as-a-Service’

The Last Watchdog

Phishing is one of the most common social engineering tactics cybercriminals use to target their victims. Cybersecurity experts are discussing a new trend in the cybercrime community called phishing-as-a-service. Billion-dollar corporations, small mom-and-pop shops and average consumers could fall victim to a cyberattack.

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Europol warns of criminal use of ChatGPT

Security Affairs

Europol warns of cybercriminal organizations can take advantage of systems based on artificial intelligence like ChatGPT. EU police body Europol warned about the potential abuse of systems based on artificial intelligence, such as the popular chatbot ChatGPT, for cybercriminal activities.

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

SecureWorld News

These research findings have widespread implications for the security community in understanding how threat actors are not only manipulating generative AI platforms for malicious purposes but also creating entirely new platforms based on the same technology, specifically designed to do their ill-bidding.