Standard Bank raises alarm over AI-driven fraud - TechCentral

Standard Bank sounds alarm over AI-generated scams

The big-four bank warns the public about fraudsters using AI-generated voices and e-mails to impersonate bank officials.

Mimecast warns of fake email campaign using AI

Mimecast has uncovered a large-scale business email compromise (BEC) invoice fraud campaign targeting global organisations across multiple industries using urgent payment requests to exploit time-sensitive business processes. The attackers deploy sophisticated automation including AI-generated email content, programmatic file creation, and headless browser technology generating PDF invoices before distribution. The campaign also employs advanced…

Standard Bank raises alarm over AI-driven fraud - TechCentral

Standard Bank has warned of a rise of “spoofing” scams, where where fraudsters use AI to impersonate bank officials.