Posts

Showing posts with the label bad actors

How cybercriminals are leveraging remote work and artificial intelligence to defraud unsuspecting victims

Cybercriminals continue to outpace the best efforts of regulators, law enforcement, and cybersecurity professionals. Recent reporting from the Federal Bureau of Investigation demonstrates that cybercriminals are increasingly utilizing remote work and artificial intelligence to exploit vulnerable networks, bypass security protocols, and defraud unsuspecting victims .[1] In particular, the FBI reported on a wide-scale scheme involving remote IT professionals, the use of AI to scale already-known schemes, and the continued prevalence of ransomware attacks. Remote Work Fraud Schemes One of the most pressing concerns involves the Democratic People’s Republic of Korea’s (“North Korea”) ongoing effort to sponsor a cyber fraud involving remote IT professionals. In short, North Korean nationals are impersonating U.S. citizens and then applying for remote positions as IT professionals at various U.S. companies. These fake IT professionals are currently targeting Fortune 500 companies, U.S. banks...