Category Archives: Fraud

Surge in QR Code Quishing: Check Point Records 587% Attack Spike

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By Deeba Ahmed
Explore insights into the rise of Quishing attacks, the risks associated with QR code exploitation, and crucial preventive…
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AI strengthens banking’s defense against fraud

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Consumers are ready for the next wave of payment technology, including deployment of AI-driven biometrics to verify identity in digital-first account opening processes, according to Entrust. The key to future payment solutions 63% of respondents indica… Continue reading AI strengthens banking’s defense against fraud→

FBI Warns of Extortionists Stealing Plastic Surgery Data for Ransom

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By Waqas
Cybercriminals are using phishing emails and text messages to steal sensitive data from plastic surgery clinics and offices, such as patient records and financial information.
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Generative AI merges with intelligent malware, threat level rises

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There has been a 44% increase in organized ID fraud in North America compared to preceding quarters, according to AU10TIX. This upsurge is believed to be driven by the ongoing economic recovery and inflationary pressures, particularly in the US market,… Continue reading Generative AI merges with intelligent malware, threat level rises→

AI-enabled bots can solve CAPTCHAs faster than humans

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Companies are losing revenue in the fight against malicious bot attacks, according to survey by Kasada. Despite spending millions of dollars on traditional bot management solutions, companies are still financially impacted by bot attacks. 38% of respon… Continue reading AI-enabled bots can solve CAPTCHAs faster than humans→

F5 Warns Australian IT of Social Engineering Risk Escalation Due to Generative AI

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F5 says an artificial intelligence war could start between generative AI-toting bad actors and enterprises guarding data with AI. Australian IT teams will be caught in the crossfire. Continue reading F5 Warns Australian IT of Social Engineering Risk Escalation Due to Generative AI→