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Bank Info Security 1 month ago

The AI Accountability Gap CIOs Can't Ignore

IBM Research Finds Tech Leaders Struggle With Agent SprawlA new IBM Institute for Business Value survey finds two-thirds of CIOs and CTOs are accountable for AI systems they don't fully control. The survey of 2,000 tech executives details rising AI agent incidents and recommends infrastructure, governance and financial fixes.

TrendAI™ Research has identified two emerging threat campaigns—SHADOW-AETHER-040 and SHADOW-AETHER-064—that use agentic AI to drive intrusion operations against government and financial organizations in Latin America, marking these among the first cases we have observed of AI agents executing attacks from initial access to data exfiltration.

Cybersecurity researchers have unmasked a novel ad fraud scheme that has been found to leverage search engine poisoning (SEO) techniques and artificial intelligence (AI)-generated content to push deceptive news stories into Google's Discover feed and trick users into enabling persistent browser notifications that lead to scareware and financial scams

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, 3 months ago

Hackers Exploit Unpatched ChatGPT Bug

Over 10K Exploit Attempts Recorded in a Week From a Single Malicious IPHackers are exploiting a vulnerability in ChatGPT's infrastructure to redirect users to malicious websites, with security researchers recording more than 10,000 exploit attempts in a week from a single malicious IP address. The financial sector has borne the brunt of the attacks.

Cybersecurity researchers are calling attention to a new kind of investment scam that leverages a combination of social media malvertising, company-branded posts, and artificial intelligence (AI) powered video testimonials featuring famous personalities, ultimately leading to financial and data loss

Bank Info Security 1 year, 8 months ago

Deepfake Phone Scams for Less Than a Dollar a Pop

Academics Build AI Agent With OpenAI to Execute Phone Scams at ScaleHackers can use OpenAI's real-time voice API to carry out for less than a dollar deepfake scams involving voice impersonations of government officials or bank employees to swindle victims, said researchers at the University of Illinois Urbana-Champaign.

Bank Info Security 2 years, 5 months ago

OpenAI and Microsoft Terminate State-Backed Hacker Accounts

Hackers Used LLMs to Perform Tasks That Non-AI Tools Can PerformNation-state hackers including Russian military intelligence and hackers backed by China have used OpenAI large language models for research and to craft phishing emails, the artificial intelligence company disclosed Tuesday in conjunction with major financial backer Microsoft.

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.

Bank Info Security 2 years, 5 months ago

Banking Trojan GoldPickaxe Harvests Facial Biometrics

Both iOS and Android Variants Can Record Face Videos, Used to Create AI DeepfakesA Chinese-speaking cybercrime group codenamed GoldFactory has built a new Android and iOS banking Trojan, GoldPickaxe, that can to harvest and steal personal details, including biometric face profiles, which attackers use to create AI-driven deepfakes to fool bank defenses, researchers warn.