#AIAssistedFraud

KnowBe4 mistakenly hires North Korean hacker, faces infostealer attack

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July 24, 2024 at 01:36PM KnowBe4 hired a North Korean state actor posing as a Principal Software Engineer. The company stopped the attempted installation of information-stealing software. The actor evaded background checks and used AI tools to create a fake identity. KnowBe4 detected the threat through its security product and now recommends isolating new hires’ … Read more

Deepfake-Generating Apps Explode, Allowing Multimillion-Dollar Corporate Heists

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February 5, 2024 at 05:28PM Deepfake creation software is rapidly spreading on the Dark Web, leading to an increase in AI-assisted financial fraud. In a recent incident, a Hong Kong-based employee fell victim to a deepfake scam, resulting in $25.5 million in fraudulent transactions. The availability of sophisticated deepfake tools poses a significant challenge for … Read more