AI-Powered Fraud: How Cybercriminals Target Finance Teams—and How to Stop Them

Last month, employees at the UK-based engineering firm, Arup, were tricked by a deepfake video of the company’s CFO into transferring $25 million to cybercriminals. This isn’t an anomaly. It’s further proof that social engineering has become cybersecurity’s most costly problem.  Today, more cybercriminals are launching AI-powered social engineering attacks targeting finance teams and executives, […] Read More, [#item_full_content]

​Last month, employees at the UK-based engineering firm, Arup, were tricked by a deepfake video of the company’s CFO into transferring $25 million to cybercriminals. This isn’t an anomaly. It’s further proof that social engineering has become cybersecurity’s most costly problem.  Today, more cybercriminals are launching AI-powered social engineering attacks targeting finance teams and executives, […]  Information Security BuzzRead More

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