We used say seeing is believing. With AI that is definitely not the case. Hong Kong police reported that a finance worker for a multinational firm was tricked into paying out $25 million to crooks. He was tricked into participating in a Zoom call, supposedly with the company’s CFO, along with others. It turns out […]
Continue reading → [DISPLAY_ACURAX_ICONS]FTC Says it Won’t Regulate AI Until After it Causes Harm While I understand the concept, I am not sure it is the best strategy for protecting you and me. On the other hand, regulators really don’t understand technology and rules, once made, are hard to change. Given the rate of change of AI, the […]
Continue reading → [DISPLAY_ACURAX_ICONS]Humans **ARE** The Weak Link in Security North Korean hackers are tricking their victims into downloading a supposed patch for Zoom by convincing them that they have a meeting with an important venture capitalist and the reason you can’t hear him is a Zoom bug that they have a fix for. Of course, the fix […]
Continue reading → [DISPLAY_ACURAX_ICONS]North Koreans Attacking Crypto With Social Engineering Because … that is where the money is. The FBI says they are using highly tailored, difficult to detect social engineering campaigns. In spite of the so-called technical expertise of these targeted companies these attacks are effective. Credit: The Record August Ransomware Attack Causes Stoli Vodka to File […]
Continue reading → [DISPLAY_ACURAX_ICONS]Ex-NSA Director General Alexander’s Security Company (IronNet) Near Bankruptcy It just goes to show that just because you are famous and people invest $78 million in you, doesn’t mean you know how to run a business. How, exactly, do you blow almost $80 million and realize you are over the edge of the cliff before […]
Continue reading → [DISPLAY_ACURAX_ICONS]I was interviewed by the local affiliate of a national TV network earlier today about a hack where a young lady got her bank account emptied out in a matter of seconds after she provided a caller a single 6 digit number. Hopefully this lady will eventually get her money back, but not without a […]
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