Latest news with #MicrosoftDefenderforCloud
Time of India
21-04-2025
- Business
- Time of India
Microsoft reveals how AI tools have made e-commerce fraud, job scams and tech support frauds more dangerous
Microsoft, in its latest Cyber Signals report, says that artificial intelligence has significantly lowered barriers for cybercriminals, enabling more sophisticated and convincing fraud schemes. Between April 2024 and April 2025, Microsoft thwarted $4 billion in fraud attempts, rejected 49,000 fraudulent partnership enrollments, and blocked approximately 1.6 million bot signup attempts per hour. E-commerce fraud: AI creates convincing fake storefronts in minutes AI tools now allow fraudsters to create convincing e-commerce websites in minutes rather than days or weeks. These sites feature AI-generated product descriptions, images, and fake customer reviews that mimic legitimate businesses. AI-powered customer service chatbots add another layer of deception, interacting with customers and stalling complaints with scripted excuses to delay chargebacks. Microsoft reports that much of this AI-powered fraud originates from China and Germany, with the latter being targeted due to its status as one of the largest e-commerce markets in the European Union. To combat these threats, Microsoft has implemented fraud detection systems across its products, including Microsoft Defender for Cloud and Microsoft Edge, which features website typo protection and domain impersonation detection using deep learning technology. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Sunteck Beach Residences (SBR) Mumbai Sunteck Book Now Undo Job scams: AI powers fake interviews and employment offers Employment fraud has evolved with generative AI enabling scammers to create fake job listings, stolen credentials, and AI-powered email campaigns targeting job seekers. These scams often appear legitimate through AI-powered interviews and automated correspondence, making it increasingly difficult to identify fraudulent offers. Warning signs include unsolicited job offers promising high pay for minimal qualifications, requests for personal information including bank details, and offers that seem too good to be true. Microsoft advises job seekers to verify employer legitimacy by cross-checking company details on official websites and platforms like LinkedIn , and to be wary of emails from free domains rather than official company email addresses. Tech support fraud: AI enhances social engineering attacks While some tech support scams don't yet leverage AI, Microsoft has observed financially motivated groups like Storm-1811 impersonating IT support through voice phishing to gain access to victims' devices through legitimate tools like Windows Quick Assist. AI tools can expedite the collection and organization of information about targeted victims to create more credible social engineering lures. In response, Microsoft blocks an average of 4,415 suspicious Quick Assist connection attempts daily—approximately 5.46% of global connection attempts. The company has implemented warning messages in Quick Assist to alert users about possible scams before they grant access to their devices and developed a Digital Fingerprinting capability that leverages AI and machine learning to detect and prevent fraud. Microsoft is taking a proactive approach to fraud prevention through its Secure Future Initiative. In January 2025, the company introduced a new policy requiring product teams to perform fraud prevention assessments and implement fraud controls as part of their design process. Microsoft has also joined the Global Anti-Scam Alliance to collaborate with governments, law enforcement, and other organizations to protect consumers from scams.
Yahoo
31-03-2025
- Business
- Yahoo
Alleva Appoints Vivek Narayanaswamy as Chief Technology Officer to Drive Innovation in Behavioral Health
LAGUNA NIGUEL, Calif., March 31, 2025 /PRNewswire/ -- Alleva, a leading provider of behavioral health electronic medical records (EMR) and practice management software, is proud to announce the appointment of Vivek Narayanaswamy as Chief Technology Officer (CTO). With more than 20 years of experience in healthcare technology and a track record of scaling SaaS platforms, Vivek brings deep expertise in innovation, security, and operational leadership to his new role. "We're thrilled to welcome Vivek Narayanaswamy as our new Chief Technology Officer at Alleva," said Steve McCall, CEO of Alleva. "With a proven track record of building and scaling SaaS products, Vivek brings exactly the kind of experience we need at this stage of our journey. His deep expertise in healthcare technology and leadership in high-growth environments make him an ideal fit for our mission. As we continue to push the boundaries of innovation in behavioral health, Vivek's leadership will be key to advancing our platform and accelerating Alleva's next chapter." At Alleva, Narayanaswamy will oversee the continued development of the company's entire product suite, with a sharp focus on quality, performance, and scalability. Continuing strengthening infrastructure security with CNAPP solutions, such as Microsoft Defender for Cloud, while ensuring the highest standards of HIPAA compliance for data privacy and protection. Driving innovation in AI and machine learning to improve documentation, automate workflows, and support predictive analytics for clinicians; Expanding data and analytics capabilities to equip behavioral health providers with real-time insights for clinical and operational decision-making. Vivek joins Alleva after leading flagship health tech initiatives at top companies. At NextGen Healthcare, he led the company's core EHR product and oversaw PatientPortal, which serves more than 50 million users. He later spearheaded large-scale technology transformations at Experian Health, modernizing infrastructure and aligning technology with long-term business goals. "Joining Alleva presents an exciting opportunity to contribute to a mission-driven organization making a real impact in behavioral health," said Vivek Narayanaswamy. "My focus will be on delivering a platform that is stable, secure, and scalable—built to meet the evolving needs of care providers. I'm also looking forward to expanding our use of AI to reduce administrative burdens and help care teams achieve better outcomes." As the behavioral health space continues to evolve, the demand for flexible, AI-powered, and secure platforms has never been greater. Alleva's mission is to simplify clinical workflows, reduce administrative burden, and give providers the tools they need to deliver high-quality care with confidence. With Vivek's leadership, Alleva is poised to accelerate product innovation and deliver an even more powerful experience to behavioral health organizations nationwide. About Alleva Alleva is a leading behavioral health SaaS company dedicated to providing innovative, user-friendly software solutions that support treatment centers, mental health providers, and recovery clinics. With a platform designed to simplify workflows, ensure compliance, and improve patient care, Alleva is committed to advancing technology in behavioral health through AI, automation, and data-driven insights. For more information about Alleva and its innovative solutions, visit Media Contact:Kayla Brionesmarketing@ View original content to download multimedia: SOURCE Alleva Sign in to access your portfolio
