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Cryptocurrency scams alone cost victims over $7 billion, while AI-enabled fraud threats are on the rise, says FBI
The FBI warns that scammers posing as FBI IC3 employees are offering to "help" fraud victims recover money lost to other scammers. [...]
Cryptocurrency exchange Binance is warning of an "ongoing" global threat that's targeting cryptocurrency users with clipper malware with the goal of facilitating financial fraud
AI Is Also Making Traditional Scams More Convincing, Warns VisaArtificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.
Microsoft is warning of an uptick in malicious activity from an emerging threat cluster it's tracking as Storm-0539 for orchestrating gift card fraud and theft via highly sophisticated email and SMS phishing attacks against retail entities during the holiday shopping season