First Pass

5 stories from 5 sources

AI scales abuse and fraud as defenders face record patching pressure

Day’s Recap

Supporting Articles

AI is making fraud operations substantially more profitable, allowing scammers to replace large, labor-intensive compounds with smaller schemes that can generate greater returns. FATF president Giles Thomson said AI has helped make fraud roughly 4.5 times as profitable for criminals.

9:57 AMPYMNTS

Microsoft’s September security update fixes roughly 972 vulnerabilities, including 112 classified as critical, setting a new monthly record. The total follows records of about 570 vulnerabilities two months ago and 620 last month, amid a broader rise in vulnerability disclosures across the technology industry.

7:03 AMSchneier on Security

Manhattan prosecutors seized 12 websites that allegedly used AI to create sexual images of about 1,200 real people, most of them women. No charges have been filed.

2:37 PMGothamist

Other Developments

A curated list of other prominent stories from this day.

First American is expanding access to no-cost property title monitoring as cybercrime-related losses reached $20.9 billion, according to the FBI.

1:21 PMHousing Wire

Revolut disclosed sensitive customer information, including passport details, after employees acted on fraudulent requests sent from an authentic government agency email domain. The incident shows how attackers used trusted institutional channels to bypass normal scrutiny.

10:02 AMFinextra

Make it yours

Build Your First Pass.

Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!