How Bad Actors Leverage AI to Build Phishing Sites in Seconds
Security firm Okta discovered that cybercriminals have been exploiting Vercel’s v0 generative artificial intelligence tool to create full-scale phishing websites from simple prompts. The AI platform was used to create convincing clones of sign-in pages for several recognizable brands, including Microsoft 365 and various crypto companies. Vercel’s AI model is intended to help web developers […]
Nacha, Early Warning Urge Government Away from Paper Checks
With the federal government’s self-imposed September 30 deadline to eliminate paper checks approaching, several organizations are stepping in to both support the initiative and potentially position themselves for new business opportunities. Nacha—which runs the ACH payment network—and Early Warning, parent company of Zelle, have submitted comments in support of the executive order, as well as […]
New Continuous Strategies for Battling Account Takeovers
For years, financial institutions have relied on static authentication methods to verify their users. Customers use a password or biometrics to identify themselves when they log in to an account, after which they have full access. But with account takeover attacks rising, it’s time for these institutions to consider continuous authentication methods, which monitor signs […]