Synthetic Trust Attacks: Modeling How Generative AI Manipulates Human Decisions in Social Engineering Fraud

Imagine receiving a video call from your CFO, surrounded by colleagues, asking you to urgently authorise a confidential transfer. You comply. Every person on that call was fake, and you just lost $25 million. This is not a hypothetical. It happened in Hong Kong in January 2024, and it is becoming...

Researchers Go Inside a Business Email Compromise Scam

LAS VEGAS – Poor operational security on the part of Nigerian scammers running a Business Email Compromise BEC scheme has given researchers a window into their operations. Dell SecureWorks today published a report at Black Hat USA 2016 on what the criminals involved call wire-wire, or “waya-waya....