Remove Authentication Remove Financial Services Remove Scams
article thumbnail

AI-Driven Fraud and Impersonation: The New Face of Financial Crime

SecureWorld News

Introduction: A high-tech twist on age-old scams Impersonation fraud is not new, but the scale and believability of recent AI-driven schemes pose an unprecedented threat to financial organizations. In 2025, U.S. Figure 1: Projected U.S. RELATED: Marco Rubio Impersonation Reveals Growing Threat of AI-Powered Attacks ] Figure 2.

article thumbnail

Solid Data Security: The Foundation of a Safe Digital World

Thales Cloud Protection & Licensing

Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties. Employees play an integral role in the security of their organization.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

16 billion passwords leaked across Apple, Google, more: What to know and how to protect yourself

Zero Day

You must also inform your bank or financial services provider so they can be on the lookout for suspicious and fraudulent transactions.   Enable two-factor authentication Whenever you can, enable  two-factor authentication  (2FA) -- especially after you've become a victim of a data breach. 

article thumbnail

Heard about the 16 billion passwords leak? Here are the facts and how to protect yourself

Zero Day

You must also inform your bank or financial services provider so they can be on the lookout for suspicious and fraudulent transactions.   Enable two-factor authentication Whenever you can, enable  two-factor authentication  (2FA) -- especially after you've become a victim of a data breach. 

article thumbnail

Chinese Hackers Flood Japan with 580 Million Phishing Emails Using ‘CoGUI’ Kit

eSecurity Planet

This wave of scams is designed to steal usernames, passwords, and payment information, mostly by impersonating major companies like Amazon, Rakuten, Apple, and PayPal. How the scam works CoGUI phishing messages often come with urgent subject lines, pushing victims to act quickly. Other countries like the U.S.,

article thumbnail

Fighting AI with AI, finance firms prevented $5 million in fraud - but at what cost?

Zero Day

AI has made scam artists much more powerful - but the technology also offers solutions to the very problems it's exacerbating. PT d3sign/Getty Imageds When most people think of AI, the first thing that probably comes to mind isn't superintelligence or the promise of agents to boost productivity , but scams

article thumbnail

The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

What follows is a deep dive into how this increasingly clever Zelle fraud scam typically works, and what victims can do about it. Last week’s story warned that scammers are blasting out text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.