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Who needs MFA when you've got EvilTokens? Hundreds of organizations have been compromised daily by a Microsoft device-code phishing campaign that uses AI and automation at nearly every stage of the attack chain to ultimately snoop through corporate email inboxes and steal financial data.…

More from The Register 8 Apr 2026, 8:19 a.m. Artificial Intelligence Automation Compromise Email Finance MFA Microsoft Phishing Theft
Bank Info Security 1 year, 3 months ago

Fraud in Your Inbox: Email Is Still the Weakest Link

At-Bay Cyber Insurance Claims Report Finds 83% of Financial Fraud Starts With EmailFinancial fraud remains the leading driver of cyberinsurance claims, with 83% of cases traced back to email-based attacks. Common tactics used to deceive employees include wiring funds to fraudulent accounts, generative AI-crafted emails, executive and vendor impersonation and BEC scams.

More from Bank Info Security 15 Apr 2025, 9:30 a.m. Artificial Intelligence Email Finance Fraud Impersonation Insurance Report Scam Vendor