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Scams use deception to steal money, credentials, or sensitive data, making them a cybersecurity risk for individuals and organizations.

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Scams are deceptive schemes intended to make people surrender money, credentials, sensitive information, or access. In information security, they commonly use phishing messages, impersonation, fraudulent websites, business-email compromise, fake technical support, or malicious attachments. Their defining feature is manipulation: the attacker creates a credible pretext and pressures the target to act before verifying the request.

Security teams should treat scams as an attack surface spanning email, messaging, telephone calls, social media, and payment workflows. Material risks include account takeover through stolen credentials, unauthorized payments, disclosure of personal or company data, and malware execution from deceptive content. Useful controls include phishing-resistant authentication, secure payment-change procedures with independent verification, filtering and domain protections, user training focused on reporting, and rapid review of suspicious messages or transactions. Incident handling may require revoking sessions, resetting credentials, contacting financial institutions, preserving evidence, and notifying affected parties where applicable.

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It's Time for Enterprises to Manage Risks Posed by Compromised Personal DevicesOnline job scams have evolved beyond consumer fraud and now pose a direct threat to corporate networks. Google warns that scammers are embedding remote access Trojans and info-stealers disguised as interview software or application materials to hack personal devices and ultimately corporate systems.

Bank Info Security 8 months, 1 week ago

Why AI Still Fails to Catch 'Authorized' Scams

AI Models can Flag Anomalies, but Still Struggle to Read Human DeceptionReal-time payments settle in seconds - faster than fraud models can think. With most authorized push payment scam losses in Australia occurring over instant payment rails, artificial intelligence models built to spot unusual patterns often miss the one thing they can't predict: human deception.

Cybercrime has stopped being a problem of just the internet — it’s becoming a problem of the real world. Online scams now fund organized crime, hackers rent violence like a service, and even trusted apps or social platforms are turning into attack vectors

Cyberattacks are getting smarter and harder to stop. This week, hackers used sneaky tools, tricked trusted systems, and quickly took advantage of new security problems—some just hours after being found. No system was fully safe