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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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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.

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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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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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AI used to fake voices of loved ones in “I’ve been in an accident” scam

Malwarebytes

The San Francisco Chronicle tells a story about a family that almost got scammed when they heard their son’s voice telling them he’d been in a car accident and hurt a pregnant woman. The FBI says it has received more than 195 complaints about this type of scam that it refers to as “grandparent scams.”

Scams 142
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Warning: Scammers Are Now PERFECTLY Impersonating Utility Companies

Joseph Steinberg

Of course, scam calls warning about the termination of utility service if a payment is not made immediately are nothing new. Hence, criminals do seem to increase their perpetration of utility-shutoff scams at times of extreme weather. I was tempted to ask the caller if she could see my payment for $527.01

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Do Not Post Your COVID-19 Vaccination Card On Social Media

Joseph Steinberg

Perhaps even scarier is the possibility that, if you share a photo of your vaccine card, a criminal may use the information to social engineer you (or a family member, co-worker, etc.) Consider the people close to you – could any of them potentially fall for some variant of such a scam? Sample CDC COVID-19 Vaccination Card.

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