Cyberguy reported:
Criminals are combining old techniques like mail theft with new digital strategies, making check washing harder to recognize and prevent without proactive security measures. Recent advancements in AI technology have made it easier for scammers to forge realistic-looking documents, generate convincing fake identities, and create sophisticated phishing emails.
3 New Tricks:
Find the article and read more here.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat
Criminals are combining old techniques like mail theft with new digital strategies, making check washing harder to recognize and prevent without proactive security measures. Recent advancements in AI technology have made it easier for scammers to forge realistic-looking documents, generate convincing fake identities, and create sophisticated phishing emails.
3 New Tricks:
- Mobile deposit fraud: Criminals alter check images or deposit the same check into multiple accounts.
- Synthetic identity fraud: Scammers create fake identities using AI-generated documents to open accounts and cash stolen checks.
- Business Email Compromise (BEC): Attackers impersonate executives or vendors to convince companies to send checks to fraudulent accounts.
Find the article and read more here.
Enroll in Training Sessions: Last Thursday of Every Month is Training on Frauds and New Scam Alerts and How to Combat