This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The business of cybercrime Cybercriminals are no longer disorganized hackers. The report details how threat actors harness automation, artificialintelligence, and advanced socialengineering to scale their operations. They are now running highly efficient operations that mirror legitimate business models.
An online cybersecurity event with 2,500 people already logged in had to be cancelled after suspected cybercriminals launched a socialengineering attack in the event’s chat window.
Crooks created a new tool that uses ArtificialIntelligence (AI) for creating fraudulent invoices used for wire fraud and BEC. These posts introduced a new tool that incorporates ArtificialIntelligence (AI) for creating fraudulent invoices used for wire fraud and Business E-Mail Compromise (BEC).
Socialengineering 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.
Socialengineering 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 socialengineering attacks can be conducted, it makes spotting them hard to do.
And yet, if artificialintelligence achieves what is called an agentic model in 2025, novel and boundless attacks could be within reach, as AI tools take on the roles of agents that independently discover vulnerabilities, steal logins, and pry into accounts. That could change in 2025.
Phishing is one of the most common socialengineering tactics cybercriminals use to target their victims. Cybersecurity experts are discussing a new trend in the cybercrime community called phishing-as-a-service. Billion-dollar corporations, small mom-and-pop shops and average consumers could fall victim to a cyberattack.
March is a time for leprechauns and four-leaf clovers, and as luck would have it, its also a time to learn how to protect your private data from cybercrime. Online shopping scams An online shopping scam usually involves a fake online store or app, which appears legitimate and is promoted on social media or other authentic websites.
A new and dangerous AI-powered hacking tool is making waves across the cybercrime underworld and experts say it could change the way digital attacks are launched. Xanthorox reasoner advanced mimics human reasoning, helping attackers craft more believable phishing messages or manipulate targets through socialengineering.
Evolution of socialengineeringSocialengineering exploits human psychology to manipulate individuals into revealing sensitive information or taking harmful actions. Deepfakes are revolutionizing socialengineering attacks, making them more deceptive and harder to detect.
Ezra Graziano, Director of Federal Accounts at Zimperium, emphasized the urgency for defense against such evolving socialengineering tactics. As artificialintelligence capabilities advance, the threat of highly convincing impersonations increases.
The security firm CrowdStrike dubbed the group “ Scattered Spider ,” a recognition that the MGM hackers came from different hacker cliques scattered across an ocean of Telegram and Discord servers dedicated to financially-oriented cybercrime. ” Beige members were implicated in two stories published here in 2020.
ArtificialIntelligence (AI) is one of the most high-profile technology developments in recent history. The post See No Evil, Hear No Evil: The Use of Deepfakes in SocialEngineering Attacks appeared first on The State of Security. It would appear that there is no end to what AI can do.
Europol warns of cybercriminal organizations can take advantage of systems based on artificialintelligence like ChatGPT. EU police body Europol warned about the potential abuse of systems based on artificialintelligence, such as the popular chatbot ChatGPT, for cybercriminal activities.
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. Urgency is a key emotion that socialengineers prey upon to induce actions."
During the reporting period, key findings include: DDoS and ransomware rank the highest among the prime threats, with socialengineering, data related threats, information manipulation, supply chain, and malware following.
As artificialintelligence continues advancing at a rapid pace, criminals are increasingly using AI capabilities to carry out sophisticated scams and attacks. In the past, fraud often relied on simplicity and socialengineering to trick victims. Follow SecureWorld News for more stories related to cybersecurity.
Eastern, and will provide viewers with information they need to understand the future of cybercrime and give them tools to stop it. Rachel was also a winner of DEF CON's wild spectator sport, the SocialEngineering Capture the Flag contest, three years in a row.
The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats, such as deepfake socialengineering and autonomous fraud. While billions have been spent on security products, the impact of cybercrime has actually been getting worse.
If you hadn't heard already, ChatGPT, launched in November 2022 by OpenAI, is a chatbot that uses what's known as generative artificialintelligence (AI). The problem isn't that people may use this tool to make their lives easier, it's that people may use it to commit cybercrime, and do it way more efficiently and effectively.
Managing Cybersecurity in the Age of ArtificialIntelligence Clearview AI Faces €30.5M Head Mare hacktivist group targets Russia and Belarus Zyxel fixed critical OS command injection flaw in multiple routers VMware fixed a code execution flaw in Fusion hypervisor U.S.
SocialEngineering Tactics: These tactics exploit human psychology to manipulate individuals. ArtificialIntelligence (AI) and Machine Learning (ML): AI/ML can enhance attack sophistication and scale, but they also improve threat detection and response.
Cyberattacks and data breaches will continue to arise because of credential theft, socialengineering (phishing, smishing, vishing etc), vulnerabilities in third party software and supply chain processes, forged or stolen machine identities, and misconfigured cloud computing. Here are my predictions for 2023. Types of attacks.
The British National Cyber Security Centre (NCSC) says it expects ArtificialIntelligence (AI) to heighten the global ransomware threat. Reconnaissance and socialengineering are specific fields where AI can be deployed. AI will help to improve existing tactics, techniques, and procedures (TTPs).
When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and socialengineering. Fortunately, emerging trends in the financial technology sector may have the potential to turn the tide of cybercrime and keep our financial data safe. . AI fraud detection.
He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY. Kapczynski Erin: Could you share your thoughts on the role of artificialintelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks?
We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side. We expect cyberthreats to rise in 2023, as unrest in the world contributes to an increase in cybercrimes. I believe cybercrime is the biggest threat to end-users, but mainly in an indirect fashion.
A new potential cybercrime tool called "FraudGPT" appears to be an AI bot exclusively being used for offensive purposes, such as crafting spear phishing emails, creating cracking tools, carding, and more nefarious activities. It's the cybercrime economy's version of next-gen product development for the phishing kit model.
GhostGPT is revolutionizing cybercrime by providing hackers with an AI tool that bypasses ethical guardrails found in mainstream models. Available as little as $150, it enables even novice attackers to generate malicious code, craft phishing emails, and automate socialengineering at scale.
However, technology has seen significant advancements in areas like 5G networks, cloud computing, the Internet of Things (IoT), advanced robotics, and artificialintelligence (AI). Cybercrime illustrates how advancing technology can be weaponized, making attack vectors more sophisticated and realistic for attackers.
Could artificialintelligence (AI) be the key to outsmarting cyber threats in an increasingly connected world? These are questions I’ve been asking myself recently as AI and cybercrime have become hot topics in the tech industry, and for world leaders. Is it our only hope for survival?These
Ransomware leverages socialengineering attacks, preying on fears as a way to execute malicious code on devices. It is important therefore to continuously provide employees updates on new socialengineering attack methodologies so they know what to look out for. It is important to remember that cybercrime lacks borders.
This past year set a profound stage, from the advent of stringent cyber regulations to the convergence of generative AI, socialengineering, and ransomware. Last year, we witnessed the fast-evolving nature of socialengineering attacks, and this evolution poses greater challenges for detection and defense.
Hackers aren’t only coders — they’re also socialengineers. Cybercrimes are more common than ever, but the number of people entering cybersecurity hasn’t kept up. But professional services companies should pay the closest attention to these five trends. Employee Training on Phishing and Digital Security.
The line between what’s real and what’s artificial is becoming more blurred and harder to ascertain. We’re all seeing the impact of artificialintelligence in business, with its potential to boost productivity, save time and create economic growth. And that brings me to cybersecurity.
Impact on brand and executive reputation In mid-2019, Moody’s published a research announcement declaring that artificialintelligence (AI) will make it easier to damage companies via fake videos and images, and that these deepfakes could harm the creditworthiness of a company as AI advances.
ChatGPT—the much-hyped, artificialintelligence (AI) chatbot that provides human-like responses from an enormous knowledge base—has been embraced practically everywhere, from private sector businesses to K–12 classrooms. As of November 2022, people can no longer ignore the artificial elephant in the room.
In late 2024, Russian ransomware groups began collaborating with native English speakers, boosting their socialengineering capabilities. The group social-engineered the organization’s help desk, employing fluent English to achieve a reset of a compromised account’s password.
Whether they come in the form of images, videos, audio, or text, the number of “deepfakes” — synthetic media altered or created with the help of machine learning or artificialintelligence — has expanded at an alarming rate. Weaponized deepfakes are not theoretical. Weaponized deepfakes are not theoretical.
Their activities focused on using AI for reconnaissance, socialengineering, scripting, and evading detection. According to Microsoft , the disrupted threat actors were affiliated with China, Iran, North Korea, and Russia. The capabilities enabled by current AI systems were limited compared to existing non-AI tools.
They target and fool individuals through impersonation, hijacking real accounts and using socialengineering. Through machine learning/artificialintelligence (ML and AI), Proofpoint takes a multi-layer approach to stopping bad actors.
Machine learning (ML) and artificialintelligence (AI) might have taken over many tasks previously performed by people, but without human intervention, these technologies quickly become ineffective. Cybercrime also has elements where automated remediation is unavailable, such as socialengineering attacks.
Other cyber incidents are common, including phishing attacks , business email compromise, exploitation of cloud and software vulnerabilities , socialengineering , third-party exposures, and more. It hosts Cybercrime Spotlight webinars on emerging cyber threats and the most effective controls to prevent them.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content