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Artificial Intelligence (AI) is changing how individuals and organizations conduct many activities, including how cybercriminals carry out phishing attacks and iterate on malware. Now, cybercriminals are using AI to generate personalized phishing emails, deepfakes and malware that evade traditional detection by impersonating normal user activity and bypassing legacy security models. As a result,

Bank Info Security 1 year, 2 months ago

India Tells Financial Sector to Strengthen Cyber Defenses

Old Visuals, AI Deepfakes and Fake Claims Go Viral Amid Escalating ConflictMisinformation is going viral in India as the New Delhi government called Friday on the financial sector to strengthen cyber defenses amid growing military activity along the Pakistani border. Tensions between the two countries ratcheted significantly upward Friday.

What if attackers aren't breaking in—they're already inside, watching, and adapting? This week showed a sharp rise in stealth tactics built for long-term access and silent control. AI is being used to shape opinions. Malware is hiding inside software we trust. And old threats are returning under new names. The real danger isn’t just the breach—it’s not knowing who’s still lurking in your

Bank Info Security 2 years, 5 months ago

Banking Trojan Harvests Facial Biometrics for AI Deepfakes

GoldPickaxe Malware Can Record User’s Face - Use Video to Commit Deepfake ScamsA Chinese-speaking cybercrime group with the codename GoldFactory has built a new Android and iOS banking Trojan, GoldPickaxe, that can harvest and steal personal details, including biometric face profiles, that attackers use to create AI-driven deepfakes to fool bank defenses, researchers warn.

A Chinese-speaking threat actor codenamed GoldFactory has been attributed to the development of highly sophisticated banking trojans, including a previously undocumented iOS malware called GoldPickaxe that's capable of harvesting identity documents, facial recognition data, and intercepting SMS