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Bank Info Security 3 months, 1 week ago

AI Is Accelerating Cyberattacks Faster Than Defenses

Okta's Brett Winterford on Identity Threats and Agentic AI RisksAI is accelerating cyberattacks, collapsing timelines and exposing new identity risks. Okta's Brett Winterford explains how attackers are using AI to scale phishing, exploit credentials and infiltrate enterprises - and what CIOs must do to defend against this rapidly evolving threat landscape.

Alerts Come on the Heels of Recent Attacks on InsurersU.S. federal authorities are warning the public and healthcare sector entities of email and fax phishing scams by fraudsters seeking to steal personal information about patients or payments. The warnings come as three large U.S. insurers continue to recover from recent cyberattacks.

Bank Info Security 1 year, 9 months ago

Beyond Phishing: AI's New Tricks for Cyberattacks

Paramount's Surinder Lall on AI Impersonation, Deepfakes, AI Governance FrameworksWhile AI transforms business operations, it helps cybercriminals develop sophisticated impersonation techniques such as deepfakes and voice synthesis, posing new challenges for corporate security, said Surinder Lall, senior vice president of global information security risk management at Paramount.

Bank Info Security 2 years, 5 months ago

Watching the Watchdog: Learning from HHS' Grant Payment Mess

Tight-Lipped Agency's Next Move in Wake of $7.5M Scam Could Be TellingRumors are swirling about how the Department of Health and Human Services lost about $7.5 million in grant payments through a series of cyberattacks last year, including speculation over whether the incidents involved sophisticated AI-augmented spear-phishing or more commonplace fraud schemes.

Bank Info Security 2 years, 5 months ago

Report: Hackers Scammed $7.5M From HHS Grant Payment System

Money Meant for Poor Communities Stolen as Authorities Issued Phishing Scam AlertsHackers have reportedly stolen about $7.5 million from a Department of Health and Human Services grant payment system in a series of cyberattacks last year. The news comes in the midst of HHS and other authorities warnings about rising threats involving social engineering and payment scams.