First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of this type of phishing scam, which involves QR codes. Banks such as Santander and HSBC...
OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9) in a report on its attempts to prevent “the disruptive uses” of its technology. Earlier this year, the report said, OpenAI disrupted...
Artificial intelligence (AI) chatbots, often heralded for their productivity benefits, now threaten cybersecurity as criminals harness them to create sophisticated malware. HP Wolf Security researchers have uncovered one of the first known instances where attackers used generative AI to write malicious code for distributing a...
Identity security firm Axiad has raised $25 million in a new funding round. The financing, announced last week, will be used for product development, hiring, enhanced sales/marketing efforts and to help the company obtain Federal Risk and Authorization Management Program (FedRAMP) Authority to Operate. “According...
May 16, 2023
Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to an 8% drop compared to 2021 figures, there’s no debate that the battle to prevent fraud and keep criminals at bay is far from over. […]
April 26, 2023
Today’s sophisticated cyberfraud landscape requires constant vigilance by merchants against the ever-present threat of bad actors. As companies take crucial steps to update their prevention toolkits against increasingly digital and...
December 21, 2022
Phone number masking cases have caused European authorities to issue advice on how to prevent fraud. While the big European fraud trial of the moment is the Wirecard case, in...
November 01, 2022
Corporate fraud and corruption have risen since 2020, as the digital transformation that accompanied the pandemic opened new opportunities. New channels for workflows have left companies playing catch-up with oversight...
October 27, 2024
First came phishing. Now, consumers and cyberdefenders need to guard against “quishing.” As the Financial Times (FT) reported Sunday (Oct. 27), banks and regulators are warning against the rise of this type of phishing scam, which involves QR codes. Banks such as Santander and HSBC have joined the UK National Cyber Security Centre and Federal […]
October 09, 2024
OpenAI says hackers connected to the Chinese government attempted a phishing attack on its employees. The artificial intelligence (AI) company revealed the attempt Wednesday (Oct. 9) in a report on its attempts to...
August 04, 2024
Identity security firm Axiad has raised $25 million in a new funding round. The financing, announced last week, will be used for product development, hiring, enhanced sales/marketing efforts and to...
July 16, 2024
The IRS is warning tax professionals of a rise in scams designed to steal taxpayer information. The tax agency and its “Security Summit” partners — a group of state tax...
