Remove Artificial Intelligence Remove Identity Theft Remove Phishing Remove Social Engineering
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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. website.

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IdentityIQ Scam Report Reveals Shocking Stats on AI Social Engineering

Identity IQ

IdentityIQ Scam Report Reveals Shocking Stats on AI Social Engineering IdentityIQ AI social engineering scams are on the rise, according to IDIQ Chief Innovation Officer Michael Scheumack. “AI-based AI-based social engineering scams, which were at a high percentage last year, are up 100% this year for us,” Scheumack said.

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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). Phishing attacks.

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

Malwarebytes

In earlier days of scams like these, success depended a great deal on the criminal’s skills at social engineering, but rapid advancements in Artificial Intelligence (AI) mean scammers can now easily and convincingly fake the “voice” of the relative that is the supposed victim of the accident.

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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. These sophisticated scams exploit our inherent trust in familiar faces and voices, making them dangerous tools for fake news, celebrity endorsements, and social engineering scams.

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Security Roundup May 2023

BH Consulting

Say it again, I double dare you Anyone familiar with phishing and social engineering will know scammers often use psychological tricks to get victims to divulge personal data. Repetition can lead people to over-disclose information, that could then put them at risk of identity theft and cybercrime.

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New Cyberthreats for 2021

Adam Levin

Approximately 30% of phishing web pages were related to Covid-19. In April 2020, Google reported 18 million instances per day of malware and phishing email sent via its Gmail service using Covid-related topics as a lure. Phishing emails were a prevalent mode of attack, and they have been in circulation since at least the mid-1990s.

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