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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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How to Avoid Being Scammed When Giving Charity

Joseph Steinberg

While evildoers perpetrate charity-related scams throughout the year, they know that the holiday spirit in general, and the concentrated focus on charity on Giving Tuesday specifically, both improve their odds of success. Here are 9 ways to protect against charity-related scams: 1. Confirm that a charity is real.

Scams 359
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Do Not Post Your COVID-19 Vaccination Card On Social Media

Joseph Steinberg

It seems like every day that I see social media posts in which people share photos of the official COVID-19 vaccine card that they have received after being vaccinated against the novel coronavirus that has inflicted tremendous suffering worldwide over the past year. Sample CDC COVID-19 Vaccination Card.

Media 354
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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. Technologies that synthesize realistic fake media, known as deepfakes, are among the newest tools being deployed to enable fraud.

Scams 112
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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 141
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Voice Cloning Conundrum: Navigating Deepfakes in Synthetic Media

SecureWorld News

Introduction The inaugural issue of AI-Cybersecurity Update set the stage for a broad discussion on the transformative impacts of artificial intelligence on cybersecurity. As synthetic media becomes more sophisticated, the techniques to detect such content must also evolve. Promoting media literacy is another essential strategy.

Media 91
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Cybersecurity Event Cancelled After Being Hit By Cybercriminals

Joseph Steinberg

The number of users who fell prey to the scam is as of yet unknown – but, other messages posted to the chat with complaints that a second shared link (also illegitimate) did not work properly seem to indicate that some people likely did, in fact, fall prey.