Remove 2019 Remove Scams Remove Social Engineering
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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. In March, a voice phishing scam targeting GoDaddy support employees allowed attackers to assume control over at least a half-dozen domain names, including transaction brokering site escrow.com.

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Classiscam Scam-as-a-Service Raked $64.5 Million During the COVID-19 Pandemic

The Hacker News

The Classiscam scam-as-a-service program has reaped the criminal actors $64.5 million in illicit earnings since its emergence in 2019.

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2020 Likely To Break Records for Breaches

Adam Levin

For comparison, that’s a 273% increase over the first two quarters of 2019 combined. While the number of publicly reported breaches in Q1 2020 decreased by 58% compared to 2019, the coronavirus pandemic gave cybercriminals new ways to thrive,” wrote Bitdefender researcher and blogger Alina Bizga.

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BEST PRACTICES: Mock attacks help local agencies, schools prepare for targeted cyber scams

The Last Watchdog

This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. The total stolen: $2.3 The FBI is investigating. No arrests have been made.

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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. billion in BEC scam-related losses the year before.

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5 Emotions Used in Social Engineering Attacks [with Examples]

SecureWorld News

Famed hacker Kevin Mitnick learned early on to use emotion to manipulate and socially engineer his targets. At the time, his targets were typically sysadmins, and the social engineering started with a phone call. If you hover over the link you'll see it goes to a scam site called mothersawakening.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

Business email compromise scheme and social engineering. Social engineering—in person—was the next part of the scheme. The funds included those from a 2019 North Korean-perpetrated cyber-heist of a Maltese bank. Those are some of the highlights, now let's look at a few specifics. Too many do.