December 10, 2024 at 08:19AM
Join SecurityWeek on December 10th at 1:00 PM ET for a session featuring Rachel Tobac and Mahmood Khan, focusing on how cybercriminals use social engineering, deepfake technology, and BEC to steal funds. Learn about attack methods, emerging threats, and actionable defense strategies for your organization.
### Meeting Notes Summary: Cybersecurity Session
**Event Details:**
– **Title:** Cybercriminals’ Tactics in Payment Systems
– **Hosts:** SecurityWeek, Rachel Tobac (CEO, Social Proof Security), Mahmood Khan (CISO, CNA Insurance)
– **Date & Time:** December 10th at 1:00 PM ET
**Key Takeaways:**
1. **Live Attack Demonstration:**
– Detailed walkthrough of how deepfake and Business Email Compromise (BEC) attacks are executed.
– Demonstrations on using email, video, and voice manipulation to impersonate executives or vendors, with the aim to mislead employees into transferring funds to fraudulent accounts.
2. **Insights on Emerging Threats:**
– Discussion on how AI and deepfake technology enhance the effectiveness of these attacks.
– Highlighting the increasing difficulty in detecting these schemes, even for diligent employees.
3. **Actionable Defense Strategies:**
– Practical steps outlined for finance, IT, and security teams to bolster defenses.
– Focus on key financial processes and roles that are most susceptible to high-cost attacks.
**Conclusion:**
Participants will gain valuable insights into hacker operations and learn strategies to fortify defenses against deepfake and BEC fraud.