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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 73
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Making Banking a More Effortless Experience

CIO Business Intelligence

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

Banking 131
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Research: The acceleration of Australian banks’ use of social media

Trends in the Living Networks

Financial services is one of the most industries in which the use of social media is the most relevant, not least because customer service is a critical differentiator between highly commoditized offerings. Social media, used well, provides an opportunity to build relationships in a world in which most financial services are executed online.

Banking 133
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Cybersecurity firm says social media bots hyped GameStop during trading frenzy

The Verge

A cybersecurity firm found that bots were promoting GameStop stock on social media before and after the stock’s frenzied rise last month, Reuters reported. Massachusetts-based PiiQ Media says social media bots promoted Dogecoin, GameStop, and other “meme” stocks in posts on Facebook, Twitter, Instagram, and YouTube.

Media 99
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Twitter accounts sharing video from Ukraine are being suspended when they’re needed most

The Verge

But as the conflict intensifies, many researchers sharing this primary material taken from social media — commonly known as open-source intelligence or OSINT — have found their Twitter accounts unexpectedly suspended. Normally when this happens it’s to smaller accounts and accounts in foreign languages”.

Video 144
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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 100
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Facebook’s next big AI project is training its machines on users’ public videos

The Verge

Teaching AI systems to understand what’s happening in videos as completely as a human can is one of the hardest challenges — and biggest potential breakthroughs — in the world of machine learning. The project, titled Learning from Videos , is also part of Facebook’s “broader efforts toward building machines that learn like humans do.”.

Training 131