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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. Change your password. You can make a stolen password useless to thieves by changing it. Enable two-factor authentication (2FA).

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Hackers take over 1.1 million accounts by trying reused passwords

Malwarebytes

Credential stuffing is the automated injection of stolen username and password pairs in to website login forms, in order to fraudulently gain access to user accounts. Accessing more sensitive information such as credit card numbers, private messages, pictures, or documents which can ultimately lead to identity theft.

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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. Also: making Passwords work.

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Microsoft induces several security features into Windows 11

CyberSecurity Insiders

This includes enhancements to application controls, protection shield to vulnerable drivers, identity theft protection and a simple way to manage all passwords.

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New AI Scams to Look Out For in 2024

Identity IQ

New AI Scams to Look Out For in 2024 IdentityIQ Artificial intelligence (AI) has quickly reshaped many aspects of everyday life. AI-Powered Phishing Scammers have begun leveraging the power of artificial intelligence to make phishing scams more convincing and impactful.

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Voice Cloning Conundrum: Navigating Deepfakes in Synthetic Media

SecureWorld News

AI voice cloning enables stunningly realistic impersonation, posing critical fraud and identity theft risks. Introduction The inaugural issue of AI-Cybersecurity Update set the stage for a broad discussion on the transformative impacts of artificial intelligence on cybersecurity.

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