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Fraudsters Tokenize Stolen Cards Into Attacker WalletsGoogle Threat Intelligence Group warned that Chinese-language phishing-as-a-service platforms are using AI, encrypted messaging and real-time OTP interception to bypass multifactor authentication and provision stolen payment cards into attacker-controlled digital wallets worldwide.

Bank Info Security 2 months, 2 weeks ago

ISMG Editors: North Korea's Fake Meetings Fuel Crypto Heists

Also: Google’s $40B AI Bet, Insights From Google Next ConferenceIn this week's panel, four ISMG editors discussed North Korea's use of fake video meetings to fuel crypto fraud, Google's $40 billion investment in Anthropic and what it signals for the AI race, and key takeaways from Google Next in Las Vegas on enterprise AI adoption.

Cybersecurity researchers have unmasked a novel ad fraud scheme that has been found to leverage search engine poisoning (SEO) techniques and artificial intelligence (AI)-generated content to push deceptive news stories into Google's Discover feed and trick users into enabling persistent browser notifications that lead to scareware and financial scams

It's Time for Enterprises to Manage Risks Posed by Compromised Personal DevicesOnline job scams have evolved beyond consumer fraud and now pose a direct threat to corporate networks. Google warns that scammers are embedding remote access Trojans and info-stealers disguised as interview software or application materials to hack personal devices and ultimately corporate systems.

Steganography, Mobile Marketing Attribution, Code Obfuscation Deployed for Ad FraudA cybercrime crew using Android mobile apps to conduct advertising fraud took unusual pains to hide its activity, concealing malicious code in downloadable digital images and holding off from infecting the subset of users who organically found their apps through the Google Play store.

Ads giant complains of damage to its reputation and finances ... and crime, too Google has filed a lawsuit against 25 unnamed individuals in China it accuses of breaking into more than 10 million devices worldwide and using them to build a botnet, called BadBox 2.0, and then to carry out other cybercrimes and fraud.…

Acquisitions, AI and Emerging Threats Define Strategy for Recorded Future, GoogleFrom Google's $5.4 billion acquisition of Mandiant to Recorded Future's fraud insights following Mastercard's $2.65 billion purchase, threat intelligence vendors are innovating with AI and are focused on operationalizing their data through automation and managed services.

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