Remove Artificial Intelligence Remove Cybersecurity Remove Government Remove Social Engineering
article thumbnail

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. These posts introduced a new tool that incorporates Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and Business E-Mail Compromise (BEC).

article thumbnail

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. Shortly after such messages appeared, the AICD, in order to protect attendees, cancelled the event, and contacted local law enforcement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The AI Takeover: Cybersecurity Tool or Terminator?

Security Boulevard

After a slow build over the past decade, new capabilities of artificial intelligence (AI) and chatbots are starting to make waves across a variety of industries. The post The AI Takeover: Cybersecurity Tool or Terminator?

article thumbnail

AI likely to boost ransomware, warns government body

Malwarebytes

The British National Cyber Security Centre (NCSC) says it expects Artificial Intelligence (AI) to heighten the global ransomware threat. Reconnaissance and social engineering are specific fields where AI can be deployed. AI will help to improve existing tactics, techniques, and procedures (TTPs).

article thumbnail

Exploring Cybersecurity Research Topics for Master’s Degree Studies

CyberSecurity Insiders

As the field of cybersecurity continues to evolve and expand, pursuing a Master’s degree in this discipline offers an opportunity to delve into cutting-edge research and contribute to the advancement of knowledge in this critical area. Blockchain and Cybersecurity: Investigate the use of blockchain technology in enhancing cybersecurity.

article thumbnail

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

The Last Watchdog

Cybersecurity is a top concern for individuals and businesses in the increasingly digital world. Phishing is one of the most common social engineering tactics cybercriminals use to target their victims. Phishing is one of the most common social engineering tactics cybercriminals use to target their victims.

Phishing 198
article thumbnail

Fintech Cybersecurity Trends in 2021

Security Boulevard

When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Now, cybersecurity may just be the most important aspect of financial technology (fintech) in the modern world. AI fraud detection. . Regulatory technologies (Regtech). .