Episode #201 - Tax Refund Scams costing Australian Tax Office Over Half a Billion Dollars; Close that IDOR!; FraudGPT; Building Social Resilience
It's 5:05! Daily cybersecurity and open source briefing
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Show Notes
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Edwin Kwan: Tax Refund Scams costing Australian Tax Office Over Half a Billion Dollars
🇦🇺 Edwin Kwan, Sydney, Australia ↗
Cyber criminals have scammed the Australian Tax Office of more than half a billion dollars. They have done so by exploiting a weakness in the identification system used by the myGov online portal. The weakness allows them to redirect other people's tax refund to their own bank accounts.
Julie Chatman: Close that IDOR!
🇺🇸 Julie Chatman, Washington, DC ↗
Do you remember a major breach from 2019 involving 800 million financial files, including bank account statements and mortgage payment documents? It happened due to a specific security flaw known as Insecure Direct Object References, or IDORs.
Katy Craig: FraudGPT
🇺🇸 Katy Craig, San Diego, California ↗
Recently spotted in various dark web marketplaces and telegram channels, FraudGPT is not to be taken lightly. If the experts are right, this AI-powered bot is exclusively designed for offensive purposes. Think spear phishing emails, stealthy, malware creation, carding, and more.
Hillary Coover: Building Social Resilience
🇺🇸 Hillary Coover, Washington, DC ↗
Amidst the rise of AI-powered disinformation and deep fakes, the world's upcoming elections in the US, UK, and India present a high-stakes battleground, where the fate of information integrity hangs in the balance.