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The Impact of AI on Social Engineering Cyber Attacks

SecureWorld News

Social engineering 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 social engineering attacks can be conducted, it makes spotting them hard to do.

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GUEST ESSAY: Understanding the security limits of the static and dynamic passwords we rely on

The Last Watchdog

Therefore, it is theoretically possible to guess the correct combination f any static password from a single attempt, though the probability of success is small. The larger point is that any static password can be cracked by the brute force method. This has led to two branches of modifications: biometrics and dynamic passwords.

Passwords 232
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The Risk of Weak Online Banking Passwords

Krebs on Security

Alex Holden is founder and chief technology officer of Hold Security , a Milwaukee-based security consultancy. “If the account is active, hackers then can go to the next stage for 2FA phishing or social engineering, or linking the accounts with another.”

Banking 275
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Phish of GoDaddy Employee Jeopardized Escrow.com, Among Others

Krebs on Security

The employee involved in this incident fell victim to a spear-fishing or social engineering attack. We have taken steps across our technology, processes and employee education, to help prevent these types of attacks in the future.” In cases where passwords are used, pick unique passwords and consider password managers.

Phishing 325
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LastPass employee targeted via an audio deepfake call

Security Affairs

Crooks targeted a LastPass employee using deepfake technology to impersonate the company’s CEO in a fraudulent scheme. In a fraudulent scheme, criminals used deepfake technology to impersonate LastPass ‘s CEO, targeting an employee of the company. ” reported LastPass.

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

Krebs on Security

technology companies during the summer of 2022. 2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. 9, 2024, U.S. A graphic depicting how 0ktapus leveraged one victim to attack another.

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How To Protect Businesses from Social Engineering Attacks this Cybersecurity Awareness Month and Beyond 

NetSpi Executives

Don’t be afraid of social engineering attacks this Cybersecurity Awareness Month! Technology has a significant impact on addressing cybersecurity challenges. In the spirit of this year’s theme, we created a parody of the Monster Mash to share social engineering prevention tips far and wide.