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Social engineering, deception becomes increasingly sophisticated

Security Affairs

Social engineering techniques are becoming increasingly sophisticated and are exploiting multiple emerging means, such as deep fakes. The increasing use of videoconferencing platforms and the various forms of remote work also adopted in the post-emergency covid make interpersonal collaborations increasingly virtual.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

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Hackers shifting cybercrime focus towards smart phones and tablets

CyberSecurity Insiders

But after the spread of the Covid-19 pandemic, the focus of hackers has shifted more towards the smart phones with more phishing and social engineering attacks recorded in a 2nd quarter of 2022. Agility, awareness and alertness are the only mantra to mitigate risks.

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Research Examines WormGPT, an AI Cybercrime Tool Used in BEC Attacks

SecureWorld News

In its latest research , SlashNext—a provider of multi-channel phishing and human hacking solutions—delves into the emerging use of generative AI, including OpenAI's ChatGPT, and the cybercrime tool WormGPT, in Business Email Compromise (BEC) attacks. Research has focused on this area a great deal in the last several months.

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Malvertising Is a Cybercrime Heavyweight, Not an Underdog

SecureWorld News

A stepping stone to impactful cybercrime This tactic has tangible real-world implications. Here's some evidence for those who consider the risk far-fetched. In addition to the risks outlined by CISA, these add-ons don't sift out dubious advertisements on search engines that are increasingly common.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. “Brickings” are among the “violence-as-a-service” offerings broadly available on many cybercrime channels.

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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

According to Statista.com, the impact of cybercrime is expected to reach almost $13 trillion this year. Not to mention the heightened cyber awareness and risk mitigation across businesses and industries. The MGM attacks were almost identical to the social engineering attacks on Caesars, which targeted a third-party IT help desk.