The New Face of Fraud: Five Scams Costing Companies Millions - VoronoiThe New Face of Fraud: Five Scams Costing Companies Millions
Key Takeaways
- Social engineering is when hackers trick people into revealing information or authorizing actions.
- AI is fueling more advanced fraud such as deepfake impersonation, which makes traditional call back or video confirmation controls less reliable.
- Phishing attacks, where a fake email, text, or website tricks a target into clicking or opening malware, have also increased.