European businesses face a 1,200% spike in AI-driven social engineering attacks, with startups like Zepo Intelligence deploying agentic AI for…
FBI Alerts Public on AI Voice Scams as Synthetic Fraud Surges
The FBI warns about sophisticated AI voice-cloning scams targeting vulnerable groups, with 77% of victims suffering financial losses according to…
Elderly Investor Loses $330 Million in Elaborate Bitcoin Social Engineering Scam
A sophisticated Bitcoin scam exploiting psychological manipulation tactics resulted in a $330 million loss for an elderly U.S. investor, highlighting…
UK retailers face escalating cyber threats from scattered spider’s data exfiltration tactics
UK retailers are under increasing cyber threats from Scattered Spider, shifting from ransomware to data exfiltration. The NCSC’s new API…
The human factor in fraud: Why banks are prioritizing education over technology
Financial institutions are increasingly focusing on human-centric strategies to combat fraud, emphasizing customer education and innovative tools like live phishing…