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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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The Internet Enabled Mass Surveillance. AI Will Enable Mass Spying.

Schneier on Security

Before the internet, putting someone under surveillance was expensive and time-consuming. Surveillance has become the business model of the internet, and there’s no reasonable way for us to opt out of it. Governments around the world already use mass surveillance; they will engage in mass spying as well. They conform.

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State And Local Government Cyber In-Security Endangers America: Let’s Finally Deal With It

Joseph Steinberg

Such risks are even more troubling when one considers that the federal government has taken all sorts of actions to remove various Chinese-made hardware from its various environments due to national security reasons, but State and Local governments have generally not followed suit. Consider, for example, sewage processing systems.

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Safer Internet Day, or why Brad Pitt needed an internet bodyguard

Malwarebytes

February 6, 2024 is Safer Internet Day. When I was asked to write about the topic, I misunderstood the question and heard: “can you cover save the internet” and we all agreed that it might be too late for that. The internet has been around for quite some time now, and most of us wouldn’t know what to do without it.

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Encryption: One Of The Most Powerful Ways To Keep Data Private – But Governments Want To Outlaw It

Joseph Steinberg

online chat messages going over the Internet between you and your significant other) and when it is at rest (e.g., When we think of encryption, we should realize that, today, the following is all true: It is so important to do, And so easy to do, But so many people still do not do it, And now governments want to outlaw it.

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Bruce Schneier predicts a future of AI-powered mass spying: Lock and Code S05E03

Malwarebytes

This week on the Lock and Code podcast… If the internet helped create the era of mass surveillance, then artificial intelligence will bring about an era of mass spying. Surveillance-based manipulation is the business model [of the internet] and anything that gives a company an advantage, they’re going to do.”

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On the Catastrophic Risk of AI

Schneier on Security

” BBC : “Artificial intelligence could lead to extinction, experts warn.” In my talk at the RSA Conference last month, I talked about the power level of our species becoming too great for our systems of governance. The press coverage has been extensive, and surprising to me.

Risk 277