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Banks Must Prepare for the Coming DelugeInterpol added to warnings about a coming torrent of intelligence-enabled global fraud in an annual assessment assessing that victim losses reached $442 billion last year. AI-enhanced fraud is more than four times more profitable than traditional fraud methods, Interpol found.
A new version of VolkLocker, wielded by the pro-Russia RaaS group CyberVolk, has some key enhancements but one fatal flaw.
Bureau Touts ‘All-Time High’ Public-Private Coordination Despite Rise in AttacksFBI officials said Wednesday that the federal government is preventing advanced ransomware attacks targeting a range of institutions with the help of new information-sharing and victim engagement initiatives with organizations across the public and private sectors.