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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 malware has been active since 2023, specifically targeting victims in Vietnam and Thailand.

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Massive social engineering waves have impacted banks in several countries

Security Affairs

A massive social engineering campaign targeting banks has been delivered in the last two years in several countries. A massive social engineering campaign has been delivered in the last two years in several countries, including Portugal, Spain, Brazil, Mexico, Chile, the UK, and France. Pierluigi Paganini.

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IBM X-Force Report: Grandoreiro Malware Targets More Than 1,500 Banks in 60 Countries

Tech Republic Security

Find out how Grandoreiro banking trojan campaigns work and the countries targeted, as well as how to mitigate this malware threat.

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Copybara Fraud Campaign Leverages On-Device Fraud and Social Engineering Tactics

Penetration Testing

Cleafy‘s recent analysis of the Copybara campaign highlights a troubling escalation in online banking fraud.

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How to protect your small business from social engineering

Malwarebytes

In the email, Gary Bragg, then-president of Pennsylvania law firm O'Neill, Bragg & Staffin, asked Staffin to wire $580,000 to a Bank of China account. Staffin, who was VP and in charge of banking, sent the money through as asked. BEC is one of the most damaging forms of social engineering attacks faced by small businesses.

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New FjordPhantom Android Malware Targets Banking Apps in Southeast Asia

The Hacker News

Cybersecurity researchers have disclosed a new sophisticated Android malware called FjordPhantom that has been observed targeting users in Southeast Asian countries like Indonesia, Thailand, and Vietnam since early September 2023.

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What Are Social Engineering Scams?

Identity IQ

What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. Read on to learn how to recognize social engineering attacks, their consequences, and tactics to avoid falling for them.