Security Alerts and Insights
Every day we’ll bring you the latest security news that matters to you, your world, and your work. Cybercrime and fraud are like everything else in life – what you don’t know can really hurt you.
If you’d like to turn these alerts into a free newsletter for your clients, reach out to Neal O’Farrell at neal (at) mydropvault.com.
Deepfake makers can now evade an unusual detection method
AI-powered deepfake videos with altered facial expressions can display realistic heartbeats through skin colour changes, which may hinder one deepfake detection method. READ MORE.
This Dealership Never Existed – AI Made It All Look So Real
The gleaming John Deere tractors on Dalton Tractor and Equipment’s website look pristine, their prices low enough to attract a flurry of buyers looking to score a great deal. Their great deals pop up on google searches when buyers are looking for used tractors and other farming equipment.
But the entire operation – from the pictures of the smiling staff, to the enthusiastic customer testimonials are just an elaborate ruse created by international scammers using cutting edge AI. READ MORE.
AI Deepfakes Merged Scammers Faces On Stolen Identities
Hong Kong police have arrested eight people accused of operating a sophisticated scam ring that used AI to bypass banks identity checks to steal millions of dollars.
A report out of Hong Kong, reveals that Triad Gangs merged their own facial features on stolen identity cards to create convincing deepfakes that fooled multiple banks. READ MORE.
Billion-dollar cyberscam industry spreading globally, UN says
Conservative estimates indicate there are hundreds of large-scale scam farms around the world generating tens of billions of dollars in annual profits, the UNODC said. The agency called on countries to work together and intensify efforts to disrupt the gangs’ financing. READ MORE.
Gartner Predicts AI Agents Will Reduce The Time It Takes To Exploit Account Exposures by 50% by 2027
Technology-enabled social engineering will also pose a significant threat to corporate cybersecurity. Gartner predicts 40% of social engineering attacks will target executives as well as the broader workforce by 2028. READ MORE.
KnowBe4 reports that 82.6% of all phishing emails exhibited some use of AI.
Additionally, there has been a 57.9% increase in attacks being sent from compromised accounts getting through traditional detection and polymorphic phishing tactics now present in 76.4% of all phishing campaigns, which use AI-generated variations to bypass traditional security measures. READ MORE.