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Cyber Crimes Artificial Intelligence

StoneTurn

The Evolution of Cybercrime: How to Stay Safe from AI-Driven Fraud

StoneTurn on

A recent article in The Wall Street Journal highlights a case that is sadly all too familiar – a family member is in distress, and you must wire them money to help save them. Of course, as the article reveals, the family...more

Frost Brown Todd

Managing Data Security and Privacy Risks in Enterprise AI

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Artificial intelligence (AI), particularly generative AI, thrives on vast amounts of data, fueling AI capabilities, insights, and predictions. But with this reliance on data comes potential privacy and security risks. And...more

Foley & Lardner LLP

Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity and Potential Implications Under the Trump...

Foley & Lardner LLP on

On January 16, 2025, President Joe Biden signed the “Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity.” This directive seeks to tackle the increasingly complex and evolving cybersecurity...more

HaystackID

AI-Driven Phishing: An Emerging Threat to Corporate Security

HaystackID on

In an era marked by rapid technological advancement, artificial intelligence has emerged as a transformative force in cybersecurity threats, particularly in the domain of sophisticated phishing attacks. Recent developments...more

Foley Hoag LLP - Security, Privacy and the...

U.S. House Report Addresses AI Concerns, Including Privacy and Data Security

Overall, the Report recognized the complex interplay between AI advancement and privacy/security concerns, advocating for a balanced approach that promotes innovation while protecting individual rights and national interests....more

Allen Barron, Inc.

Internal Revenue Service Criminal Investigation (IRS-CI) Reports Billion Dollar Impact

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Internal Revenue Service Criminal Investigation (IRS-CI) recently released its Fiscal Year 2024 (FY24) Annual Report, providing insight into the types of crimes the agency is focused upon, as well as the first criminal...more

J.S. Held

The Dark Side of Artificial Intelligence: Scams and Frauds

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AI is technology that enables computers to simulate human intelligence and problem-solving skills, whereas deepfake is synthetic media that has been digitally manipulated to replace and mimic one person’s likeness. AI has...more

Foley Hoag LLP - Security, Privacy and the...

Holiday Cyber Security Scams: Protecting Your Business During the Festive Season Without Being a Grinch

As the holiday season is upon us, businesses must remain vigilant against the increased threat of cybersecurity hacks and scams. Cybercriminals often exploit the festive atmosphere and increased online activity to target...more

EDRM - Electronic Discovery Reference Model

From Sextortion to Financial Scams: The Expanding Reach of Deepfakes

ComplexDiscovery’s Editor’s Note: Deepfake technology represents one of the most pressing challenges for cybersecurity and governance professionals today....more

Perkins Coie

‘Tis the Season… for Cybercriminals: A Holiday Reminder for Retailers

Perkins Coie on

As the holiday shopping season kicks into high gear, it also becomes a prime opportunity for cybercriminals to target retailers, their suppliers, and their customers.  As The Hacker News reports, criminal use of artificial...more

Cozen O'Connor

NYDFS Issues Guidance on Cybersecurity Risks Arising from Artificial Intelligence

Cozen O'Connor on

On October 16, 2024, the New York Department of Financial Services (NYDFS) issued an Industry Letter that discusses the cybersecurity risks associated with the use of artificial intelligence (AI) and outlines strategies to...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware, AI, privacy suits, and more: A recap of the NetDiligence 2024 Cyber Risk Summit

The NetDiligence Cyber Risk Summit, which was held September 30-October 2 in Philadelphia, featured panels focused on the latest developments and challenges in cyber risk. Speakers included insurance, legal, and technology...more

Troutman Pepper Locke

Troutman Pepper Weekly Consumer Financial Services Newsletter- October 2024 # 3

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week...more

Ankura

‘Dark’ AI: The Emergence of Generative AI Tools Tailored for Threat Actors

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Technological advancements are plentiful in the world of cybersecurity and are often seen as a double-edged sword, a sentiment that holds true in the rise of generative AI. As AI gains traction for its versatility and power,...more

Alston & Bird

AI vs. AI: Recent Developments in the Cyber Landscape

Alston & Bird on

The ubiquity of artificial intelligence (AI) has heightened companies’ exposure to cyberattacks of increasingly greater sophistication. Our Privacy, Cyber & Data Strategy Team explores how businesses can enhance their...more

DLA Piper

Key Insights from the Tech Index 2024 Report

DLA Piper on

This year, our DLA Piper Tech Index is global, and captures the views of an even wider cross section of organizations working in the technology space. The report itself contains fascinating and granular findings on a range of...more

Epstein Becker & Green

Why Executive Teams Should Prepare for the Cybersecurity and Fraud Risks of Deepfakes

Epstein Becker & Green on

The widespread availability of Artificial Intelligence (AI) tools has enabled the growing use of “deepfakes,” whereby the human voice and likeness can be replicated seamlessly such that impersonations are impossible to detect...more

Alston & Bird

Ransomware Activity Trends in Q2 2024

Alston & Bird on

Ransomware attacks are hitting record highs in 2024 and show no sign of slowing down as new criminal groups enter the scene and employ a variety of evolving tactics. This post identifies key highlights of ransomware activity...more

Foley Hoag LLP - Security, Privacy and the...

The Health Sector Cybersecurity Coordination Center’s September 19 Threat Briefing on Healthcare Technology Security

As healthcare technology continues to evolve, so does the need for robust compliance strategies to safeguard patient information and ensure the integrity of medical devices. In a joint September 19, 2024 presentation, the...more

J.S. Held

Benefits of a vCISO in the Age of AI-Driven Cyberattacks

J.S. Held on

Cyberattacks powered by artificial intelligence have become more sophisticated as bad actors utilize machine learning to analyze vulnerabilities, automate exploits, and outpace traditional security measures. Through the use...more

Bradley Arant Boult Cummings LLP

Ransomware Reckoning – The New Bill Changes the Game

The Intelligence Authorization Act for Fiscal Year 2025 (S.4443) is a bold legislative step in addressing ransomware as a critical threat. The act’s provisions, from elevating ransomware to a national intelligence priority to...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #411 – Phishing Attacks Increased 40% in 2023

Everyone thinks they can spot a phishing email. If true, we would not see so many security incidents, data breaches, and ransomware attacks. The statistics are overwhelming that phishing emails are a significant cause of data...more

Fisher Phillips

If a Cybersecurity Firm Can Fall For the Latest AI Workplace Scam, So Can You: 10 Steps to Protect Your Business

Fisher Phillips on

A prominent cybersecurity training company just fell victim to an increasingly common scam when it hired a remote worker who turned out to be a North Korean cybercriminal that used AI deepfake tools to fake his identity and...more

Dorsey & Whitney LLP

Cybercrime Trends: A Midyear Review

Dorsey & Whitney LLP on

Cybercriminals continue to outpace the best efforts of regulators, law enforcement, and cybersecurity professionals. Recent reporting from the Federal Bureau of Investigation demonstrates that cybercriminals are increasingly...more

J.S. Held

Cybercrime vs. Cybersecurity: Learning the Tactics of Criminals to Protect Your Interests

J.S. Held on

Gone are the days where technological solutions were “nice to have” options to provide us with better access to resources and improved process efficiencies. Nowadays, technological solutions – and specifically those that...more

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