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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).

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Your New Stimulus Check Might Not Be Safe From Cybercriminals

Identity IQ

Pandemic-themed attacks remain ever-present, and we’ve never observed such a convergence around a single social engineering lure for such an extended time,” Sherrod DeGrippo, Proofpoint senior director for threat research and detection, wrote in the report.

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Cyber CEO: The History Of Cybercrime, From 1834 To Present

Herjavec Group

1970-1995 — Kevin Mitnick — Beginning in 1970, Kevin Mitnick penetrates some of the most highly-guarded networks in the world, including Nokia and Motorola, using elaborate social engineering schemes, tricking insiders into handing over codes and passwords, and using the codes to access internal computer systems.

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GUEST ESSAY: A new year, a familiar predicament — consumers face intensifying cybersecurity risks

The Last Watchdog

For instance, phishing, one of the most common, is a social engineering attack used to steal user data. It can cost a company millions of dollars, or lead to individual identity theft and invasion of privacy. Unsecured Wi-Fi in the home can present a way for criminals to gain access to secure business data.

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How Does Credit Card Fraud Work?

Identity IQ

Although most people think of money and theft when it comes to credit card fraud, it’s also a form of identity theft. Someone claims to be you and uses your resources and identity to make purchases. Social Engineering Social engineering is one of the more devious types of credit card fraud.

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News Alert: INE Security enables CISOs to secure board support for cybersecurity training

The Last Watchdog

A study by Verizon in their 2023 Data Breach Investigations Report found that 68% of breaches involved a human element, such as social engineering, misuse of privileges, or simple mistakes. Presenting data from reputable sources can lend credibility to the argument. Leverage Data and Statistics.

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Australia Recorded the Highest Rate of iOS & Android App Threats

Appknox

Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. Cryptocurrency and NFT attacks are rising as decentralized finance, and digital art assets become sophisticated socially engineered threats. Common Trends Among the Australian Mobile Threats.