Authorities accuse trio of using AI deepfakes to defraud $129M from businesses

The middle-aged men allegedly targeted accounting staff at victim companies and impersonated CEOs and lawyers to trick victims into sending large wire transfers. The post Authorities accuse trio of using AI deepfakes to defraud $129M from businesses appeared first on CyberScoop.

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Officials extradite Canadian man to US for alleged cryptomining spree

Ryan Roach and his alleged co-conspirator, Mathiew Stubbings, are accused of compromising U.S. universities’ computers and taking over processing power to mine for cryptocurrency. The post Officials extradite Canadian man to US for alleged cryptomining spree appeared first on CyberScoop.