Fraud

Gartner warns of AI-driven account takeover threats by 2027

2025-03-24 Per Henrikson

Tax scams using Deepfake phishing become prevalent in the US

2025-03-23 Ian Fleming

Trend Micro Predicts Rise of Deepfake-Powered Malicious Digital Twins - Times of Oman

2025-03-20 Per Henrikson

Scammers using deepfake voice cloning to trick people into sending money

2025-03-20 Ian Fleming

Phone scammers are increasingly using voice cloning technology to impersonate loved ones and trick individuals into handing over money, and experts recommend establishing a secret code word, checking before acting, creating an emergency contact list, and being cautious about social media to reduce the risk of falling prey to these scams.

Romance bots, deepfake digital twins, malvertising seen as rising cybersecurity concerns

2025-03-17 Per Henrikson

Trend Micro's 2025 predictions report also warns of the potential for malicious “digital twins” where breached or leaked personal information is used to train an AI model to mimic the knowledge, personality, and writing style of a victim or employee.

FT: Money Launderers Turn to Savings Accounts to Receive Fraudulent Funds

2025-03-09 Ian Fleming

Reports of savings accounts being ‘used to receive fraudulent or disputed funds’ increased by 63 per cent last year, compared to a 12 per cent increase in current accounts, according to tech firm Synectics Solutions.

India: SIM cards bought using forged IDs major security threat

2025-03-02 Per Henrikson

Security forces are facing a growing challenge in the form of mobile SIM cards procured via fake Indian identity documents, which are being extensively used by cross-border criminals, especially on India's international frontier with Bangladesh.

AI Deepfake Fraud Calls Dominate Q4 Scams, Costing Consumers Millions

2025-02-25 Ian Fleming

Hiya, the global leader in AI-powered voice intelligence, has released its Q4 2024 Global Call Threat Report, a comprehensive study Deepfake.

Potential risk to identity wallets? Chinese Cybercrime Groups Exploit Mobile Wallet Systems to Convert Stolen Card Data

2025-02-19 Per Henrikson

A sophisticated ecosystem has emerged enabling cybercriminals to convert phished payment card data into digital wallets, exploiting vulnerabilities in the mobile wallet provisioning process.

AI Deepfake Scam Steals $5.6M in Fake FTX Claims Fraud

2025-02-19 Per Henrikson

A sophisticated fraud scheme involving deepfake technology has led to the theft of at least $5.6 million from companies purchasing fake FTX liquidation claims, according to Inca Digital.

How Deepfakes Can Impact Recruitment and Hiring Processes

2025-02-18 Per Henrikson

This blog gives an overview of how deepfakes impacts hiring processes and outlines actions that companies can take to mitigate the risks.

FBI Warns of AI-Powered Phishing Scam Targeting Gmail Users

2025-02-17 Per Henrikson

The FBI has issued an alert about a sophisticated new phishing campaign targeting Gmail users that uses artificial intelligence to create convincing impersonation attacks. The scheme is part of a broader surge in AI-powered phishing attacks that have affected 96 percent of organizations in 2024.