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In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing-as-a-service operation called Outsider Enterprise with thousands of phishing websites used to steal credit card data and passwords. [...]

Bank Info Security 3 months, 1 week ago

ISMG Editors: Anthropic Bug Finder Sparks Zero-Day Dread

Also: How AI May Democratize Cybercrime and How Everyday Routers Enable EspionageIn this week's ISMG panel, four ISMG editors discussed big shifts in cybersecurity: Anthropic's "dangerous" new AI model that can uncover thousands of zero-days, growing concerns about a surge in AI-driven flaws, and the FBI disrupting a Russian espionage campaign targeting everyday routers.

The U.S. Federal Bureau of Investigation (FBI) has warned that cybercriminals are impersonating financial institutions with an aim to steal money or sensitive information to facilitate account takeover (ATO) fraud schemes

Bank Info Security 1 year, 2 months ago

Criminals Are Using AI to Put a New Face on Old Schemes

FBI's Cynthia Kaiser on How AI Is Helping to Evolve CyberthreatsArtificial intelligence is changing the way people work, including cybercriminals and fraudsters. But instead of introducing new types of cybercrime, AI has enhanced existing criminal activities, said Cynthia Kaiser, deputy assistant director at the FBI.

Social engineering is advancing fast, at the speed of generative AI. This is offering bad actors multiple new tools and techniques for researching, scoping, and exploiting organizations. In a recent communication, the FBI pointed out: ‘As technology continues to evolve, so do cybercriminals' tactics.’ This article explores some of the impacts of this GenAI-fueled acceleration. And examines what

FBI Sees Rising AI-Enabled Fraud; Meta Reports Scant Election Interference UseArtificial intelligence: What's it good for? Per the old song about war, the answer isn't "absolutely nothing," but so far it also isn't "absolutely everything." New findings pinpoint where generative AI and deepfakes are hot - fraud - and where they're not - election interference

Hey there, it's your weekly dose of "what the heck is going on in cybersecurity land" – and trust me, you NEED to be in the loop this time. We've got everything from zero-day exploits and AI gone rogue to the FBI playing crypto kingpin – it's full of stuff they don't 🤫 want you to know

Bank Info Security 2 years, 4 months ago

FBI Is Focused on Election Integrity, Misinformation Threats

Agent Robert K. Tripp on FBI's Approach to Deepfakes, Nation-State Election ThreatsThe U.S. presidential election is still eight months away, but the FBI is already seeing its share of cyberattacks, nation-state threats and AI-generated deepfakes. According to FBI Agent Robert K. Tripp, "We're no longer considering threats as a what-if situation; it's happening now."