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Listen to These Recordings: Deepfake Social Engineering Scams Are Scaring Victims

Security Boulevard

Deepfake social engineering scams have become an increasingly scary trend among cybercriminals to socially engineer victims into submission. The threat actors are using Artificial Intelligence (AI) and Machine Learning (ML) voice cloning tools to disperse misinformation for cybercriminal scams.

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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 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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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 There’s been an astonishing 58% surge in scams tied to the popular payment apps we rely on.

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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. The scam began with the employee receiving a phishing message purportedly from the company's chief financial officer requesting an urgent confidential transaction.

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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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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. Here are three new AI scams to look out for in 2024 as well as some tips to help protect yourself and stay prepared for the explosive development of AI.

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