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The Use of Artificial Intelligence in Cybersecurity

Security Boulevard

There’s no denying that cybersecurity is now an integral part of every business that wants to avoid being a victim of identity theft, data breaches, and other cyber risks. The post The Use of Artificial Intelligence in Cybersecurity appeared first on EasyDMARC. Cybercriminals are […].

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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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Identity theft is number one threat for consumers, says report

Malwarebytes

The German Federal Office for Information Security (BSI) has published a report on The State of IT Security in Germany in 2023 , and the number one threat for consumers is… identity theft. Protect your—and your family’s—personal information by using Malwarebytes Identity Theft Protection.

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Hackers using AI Hologram to conduct identity theft

CyberSecurity Insiders

NOTE- Deep fake is an Artificial Intelligence-based technology used by hackers to impersonate others. The post Hackers using AI Hologram to conduct identity theft appeared first on Cybersecurity Insiders.

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Fabricated Voice Used in Financial Fraud

Schneier on Security

This seems to be an identity theft first : Criminals used artificial intelligence-based software to impersonate a chief executive's voice and demand a fraudulent transfer of €220,000 ($243,000) in March in what cybercrime experts described as an unusual case of artificial intelligence being used in hacking.

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Episode 166: But Why, AI? ZestAI’s Quest to make Artificial Intelligence Explainable

The Security Ledger

In this episode of the podcast (#166): Jay Budzik, the Chief Technology Officer at ZestAI, joins us to talk about that company's push to make artificial intelligence decisions explainable and how his company's technology is helping to root out synthetic identity fraud. trillion by the year 2022 – that’s Trillion with a “T.”

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Employee Spotlight: The Human Faces Behind Artificial Intelligence

Webroot

3, the Federal Trade Commission (FTC) had logged more than 298,000 consumer complaints related to COVID-19 stimulus payments, 68 percent of them involving fraud or identity theft. The post Employee Spotlight: The Human Faces Behind Artificial Intelligence appeared first on Webroot Blog. As of Jan.