article thumbnail

Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Crooks created a new tool that uses Artificial Intelligence (AI) for creating fraudulent invoices used for wire fraud and BEC. Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams.

article thumbnail

NYC to Regulate Artificial Intelligence-Based Hiring Tools

Hunton Privacy

On November 10, 2021, the New York City Council passed a bill prohibiting employers and employment agencies from using automated employment decision tools to screen candidates or employees, unless a bias audit has been conducted prior to deploying the tool (the “Bill”). The Bill takes effect on January 2, 2023.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Criminals Are Flocking to a Malicious Generative AI Tool

Data Breach Today

A 12-Month Subscription to FraudGPT Costs $1,700 Cybercriminals are using an evil twin of OpenAI's generative artificial intelligence tool Chat GPT. A similar tool called WormGPT is also available.

article thumbnail

Inside the Rise of 'Dark' AI Tools - Scary, But Effective?

Data Breach Today

WormGPT, DarkGPT and Their Ilk Underdelivered - or Were Scams, Researchers Report Various "dark" generative artificial intelligence tools purportedly help criminals more quickly amass victims. Guess what? What are they really achieving?

article thumbnail

The Recruiting Crossword Puzzle

On top of ever-increasing advancements on the technology front (hello, artificial intelligence), try adding record-low unemployment and candidates’ virtual omnipresence and you’ve got yourself a pretty passive, well-informed, and crowded recruiting landscape. The good news?

article thumbnail

Phishing Scammers are Using Artificial Intelligence To Create Perfect Emails

KnowBe4

Phishing attacks have always been detected through broken English, but now generative artificial intelligence (AI) tools are eliminating all those red flags. OpenAI ChatGPT, for instance, can fix spelling mistakes, odd grammar, and other errors that are common in phishing emails.

article thumbnail

Real-time artificial intelligence and event processing  

IBM Big Data Hub

As all businesses strive to adopt a best-in-class approach for AI tools, let’s discuss best practices for how your company can leverage AI to enhance your real-time event processing use cases. Events as fuel for AI Models: Artificial intelligence models rely on big data to refine the effectiveness of their capabilities.

article thumbnail

New Study: 2018 State of Embedded Analytics Report

Why do some embedded analytics projects succeed while others fail? We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Read the 6th annual State of Embedded Analytics Report to discover new best practices. Brought to you by Logi Analytics.