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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Crooks created a new tool that uses Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and BEC. Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams.

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Memcyco Raises $10M To Deliver Real-Time Brandjacking Protection

CyberSecurity Insiders

billion in 2022 due to imposter scams, according to U.S. PoSA uses artificial intelligence to study behavioral patterns in order to identify and alert organizations when irregular activity occurs. Memcyco is trusted by leaders in financial services, eCommerce and other industries.