A Social engineering attack is the process of exploiting weaknesses in human psychology to manipulate and persuade others to perform in a way that is harmful. Prior to the digital age, criminals would carry out these attacks in person, in what was known as a confidence game. The perpetrators were referred to a “con men”, regardless of their gender.
The U.S. government created a new office to block disinformation. The new Foreign Malign Influence Center (FMIC) oversees efforts that span U.S. military, law enforcement, intelligence, and diplomatic agencies. The FMIC was established on September 23 of last year after Congress approved funding, and is situated within the Office of the Director of National Intelligence. The FMIC has the unique authority to marshal support from all elements of the U.S.
It was all over the news. Fed's Jerome Powell was social engineered by Russian pranksters posing as Zelensky. According to video footage shown on Russian state television, Federal Reserve Chairman Jerome Powell unwittingly spoke with a duo of Russian pranksters who were pretending to be Ukrainian President Volodymyr Zelenskiy during a call. Powell provided responses to various questions about topics like inflation and the Russian central bank, believing that he was speaking with Zelenskiy.
We’ve had occasion to write about ChatGPT’s potential for malign use in social engineering, both in the generation of phishbait at scale and as a topical theme that can appear in lures. We continue to track concerns about the new technology as they surface in the literature.
You may not have heard of this service planned for July 2023, but it promises a massive new social engineering attack surface. This is from their website: "About the FedNowSM Service. The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows financial institutions of every size across the U.S. to provide safe and efficient instant payment services.
The Verge came out with an article that got my attention. As artificial intelligence continues to advance at an unprecedented pace, the potential for its misuse in the realm of information security grows in parallel. A recent experiment by data scientist Izzy Miller shows another angle. Miller managed to clone his best friends' group chat using AI, downloading 500,000 messages from a seven-year-long group chat, and training an AI language model to replicate his friends' conversations.
It is rightly said that the weakest link, even in a most cyber-secure environment, is the human being which renders the entire organisation as vulnerable as the weakest link. Playing games with the human mind and manipulating human thinking and psychology is extremely easy; hence, the human being is the lowest asset in a secure cyber environment.
Affinity phishing scams are ones in which criminals cultivate trust in their prospective victims by trading on common background, either real or feigned. Thus a fraudster might claim a common religion, a shared military background, membership in a profession, or a common ethnicity, all with the goal convincing the victim that they can be trusted. What follows all too often one can readily imagine.
New insights from cybersecurity artificial intelligence (AI) company Darktrace shows a 135% increase in novel social engineering attacks from Generative AI. This new form of social engineering that contributed to this increase is much more sophisticated in nature, using linguistics techniques with increased text volume, punctuation, and sentence length to trick their victim. We've recently covered ChatGPT scams and other various AI scams, but this attack proves to be very different.
