by Gene Reich | Aug 26, 2025 | Cybersecurity Threats, Pretexting, Scattered Spider, Social Engineering
Why Trust-Based Attacks Are Surging In 2023, Clorox reported in court filings that attackers posing as company representatives contacted its IT service provider, Cognizant, and successfully obtained privileged system access. The impostors cited legitimate-sounding...
by Gene Reich | Aug 20, 2025 | AI Fraud Prevention, Cybersecurity Threats, Cybersecurity Trends, Scattered Spider, Social Engineering
Replacing Voice with Proven Identity The recent rise in impersonation-based fraud has brought renewed scrutiny to how identity is verified during routine digital interactions. As discussed in our earlier analysis of Sam Altman’s July 2025 warning, artificial...
by Gene Reich | Aug 19, 2025 | AI Fraud Prevention, Cybersecurity Threats, Cybersecurity Trends, Reader's Choice, Social Engineering, Vishing
Transitioning to Identity-Verified Communication Last week, we examined how identity-based fraud is reshaping security priorities across IT, finance, and vendor management. That discussion began with a warning from OpenAI CEO Sam Altman, delivered to regulators and...
by Gene Reich | Aug 13, 2025 | AI, AI Fraud Prevention, Deepfakes, Sam Altman, Social Engineering
In July 2025, OpenAI CEO Sam Altman warned of an impending fraud crisis driven by synthetic voice and video impersonation. His remarks, delivered to financial regulators and technology leaders in Washington, emphasized the speed at which AI-generated deception is...
by Gene Reich | Aug 12, 2025 | AI, AI Fraud Prevention, Sam Altman, Social Engineering
In late July 2025, OpenAI CEO Sam Altman stood before an audience of central bankers and regulators in Washington and issued a warning: a fraud crisis is coming. This crisis is emerging not through malware, brute-force attacks, or zero-day exploits. It is instead...
by Gene Reich | Aug 5, 2025 | Cybersecurity for MSPs, Qantas Breach, Scattered Spider, Social Engineering
The recent data breach at Qantas exposed the personal details of nearly six million customers. The breach was traced to a third-party call centre, not to a technical exploit like ransomware or firewall compromise. Between June 30 and July 2, attackers gained access to...