article thumbnail

Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

article thumbnail

The Impact of AI on Social Engineering Cyber Attacks

SecureWorld News

Social engineering attacks have long been a threat to businesses worldwide, statistically comprising roughly 98% of cyberattacks worldwide. Given the much more psychologically focused and methodical ways that social engineering attacks can be conducted, it makes spotting them hard to do.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Social Engineering 2.0: The Rise of Deepfake Phishing

SecureWorld News

And one of the most successful and increasingly prevalent ways of attack has come from social engineering, which is when criminals manipulate humans directly to gain access to confidential information. Social engineering is more sophisticated than ever, and its most advanced iteration is the topic of today's discussion: deepfakes.

article thumbnail

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. Social engineering scams leverage psychological manipulation to deceive individuals and exploit the victims’ trust.

article thumbnail

A Clear and Present Need: Bolster Your Identity Security with Threat Detection and Response

Duo's Security Blog

One piece of evidence to support this hypothesis is the low adoption of a basic security control that protects against identity-based attacks - multi-factor authentication (MFA). Add to this, the risks of weak authentication factors such as SMS one-time passcodes and dormant or inactive accounts.

article thumbnail

LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 1)

The Last Watchdog

Organizations should likewise leverage GenAI to better detect AI-enhanced threats and counter the attack volumes that we expect to see in 2024. John Gunn , CEO, Token Gunn The carnage from 2023 reveals that legacy mutifactor authentication was the most frequent point of failure. For 2024, it will take a village!

article thumbnail

Phishing-resistant MFA 101: What you need to know

CyberSecurity Insiders

While multi-factor authentication (MFA) generally protects against common methods of gaining unauthorized account access, not all multi-factor authentication methods can defend against sophisticated attacks. Authentication establishes confidence that the claimant has possession of one or more authenticators bound to the credential.

Phishing 109