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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

Malware 76
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The cyber pandemic: AI deepfakes and the future of security and identity verification

CIO Business Intelligence

Security and risk management pros have a lot keeping them up at night. The era of AI deepfakes is fully upon us, and unfortunately, today’s identity verification and security methods won’t survive. And the only way to do this is to leverage advanced security technologies such as mobile cryptography.

Security 115
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10 essential tips for bolstering cloud security in your business

CIO Business Intelligence

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. However, while cloud computing offers benefits like improved efficiency, scalability, and accessibility, it poses new security challenges.

Security 132
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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO Business Intelligence

Digitalization is a double-edged sword for banks, especially when it comes to security. As interactions and transactions become more interconnected, even the simplest processes like opening a new account or making a balance transfer become riddled with security concerns. Avaya’s research report reveals three critical ways to do so.

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What you need to know about Okta’s security breach

CIO Business Intelligence

On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. The recent compromise of a leading IdP provider isn’t the first time adversaries gained access to critical customer information, and it won’t be the last.

Security 143
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The Small Business Guide to Information Security

Galido

Information Technology Blog - - The Small Business Guide to Information Security - Information Technology Blog. Information security is a major issue in the business world, and security breaches cost businesses millions of dollars per year. But they can be particularly disastrous to small businesses.

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CIOs And The Problem Of Social Engineering

The Accidental Successful CIO

Social engineering is how the bad guys get employees to say too much Image Credit: Alexandre Formagio. You are now a hacker that is trying to break into your company’s network because you understand the importance of information technology, want to get money from your company, or do something else that you really should not be doing.