A Nigerian man was convicted after using phishing scams in an attempt to steal over $6 million dollars from employees of several targeted US colleges and universities.
Threat data — enough of it — is critical to a machine learning system’s success in cybersecurity solutions. But is data quantity the be-all and end-all of effective machine learning?
The Federal Bureau of Investigation (FBI) issued a public service announcement (PSA) regarding the continued increase of Business Email Compromise (BEC) scams, which total global losses have already reached over US$12 billion in 2018.
Addressing the need for a more efficient way to defend against spam in the early 2000s, the antispam industry turned to machine learning. The effect: Overall cyberdefense was enhanced to catch approximately 95 percent of spam.
To comply with the EU's General Data Protection Regulation, many companies have improved their privacy policies. A new AI tool called Claudette is being used to assess these policies to see if they are compliant with the regulation.
An old tactic is being used by cybercriminals to bypass Microsoft Office 365 (O365) filters for phishing emails. The technique, called ZeroFont, involves the manipulation of text font sizes to trick O365’s natural language processing.
Authorities arrested four suspected leaders of a large-scale business email compromise (BEC) ring that managed to siphon off more than EU 18 million from companies in France and Belgium.
While the GDPR will require businesses to comply with rules that will ultimately protect customer data, concerns have been raised regarding how it will tackle automation in data analytics as the market for artificial intelligence (AI) continues to grow.
