Security Affairs

NOVEMBER 21, 2024

Scattered Spider members are part of a broader cybercriminal community called “The Com,” where hackers brag about high-profile cyber thefts, typically initiated through social engineering tactics like phone, email, or SMS scams to gain access to corporate networks. ” reads the press release published by DoJ.

Cybercrime 109

Cybercrime Identity Theft Cryptocurrency Phishing 109

Krebs on Security

JULY 21, 2022

The term “pig butchering” refers to a time-tested, heavily scripted, and human-intensive process of using fake profiles on dating apps and social media to lure people into investing in elaborate scams. In a more visceral sense, pig butchering means fattening up a prey before the slaughter.

Scams 336

Scams Cryptocurrency Marketing Internet 336

Krebs on Security

NOVEMBER 14, 2024

That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals. More urgently, Shefel needs money to stay out of prison.

Retail 261

Retail Advertising Cryptocurrency Marketing 261

Bleeping Computer

JUNE 3, 2022

Federal Trade Commission (FTC) says over 46,000 people Americans have reported losing more than $1 billion worth of cryptocurrency to scams between January 2021 and March 2022. [.].

Cryptocurrency 104

Cryptocurrency Scams 104

Krebs on Security

MARCH 7, 2022

This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies. This wealth allowed Conti to do things that regular investors couldn’t — such as moving the price of cryptocurrencies in one direction or the other. “Cryptocurrency article contest!

Ransomware 273

Ransomware Cryptocurrency DDOS Scams 273

Security Boulevard

JANUARY 28, 2022

Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. consumers in 2021. The post Fake Cash Scams Thrive on Facebook and Insta—FTC appeared first on Security Boulevard.

Scams 128

Scams Cryptocurrency Media Social Engineering 128

Krebs on Security

JUNE 6, 2023

In May, KrebsOnSecurity interviewed a Russian spammer named “ Quotpw “ who was mass-registering accounts on the social media network Mastodon in order to conduct a series of huge spam campaigns advertising scam cryptocurrency investment platforms. com site,” the Trend researchers wrote. . Image: Trend Micro.

Accountability 257

Accountability Scams Cryptocurrency Advertising 257

Security Boulevard

DECEMBER 29, 2021

Wherever there is crypto, there are giveaway (/airdrop) scams. In these scams, scammers target NFT enthusiasts by offering them free NFT tokens. The post Best of 2021 – 5 NFT Scams you need to know – NFT Scams Part-1 appeared first on Security Boulevard.

Scams 116

Scams Cryptocurrency 116

Malwarebytes

AUGUST 13, 2021

A fair few cryptocurrency scams have been doing the rounds across 2021. Fake Elon Musk cryptocurrency scams. Another social media shenanigan involving cryptocurrency? The FTC estimates at least $2 million has been stolen from cryptocurrency investors. 419 crypto scam. Recovery code theft.

Scams 112

Scams Cryptocurrency Social Engineering Media 112

Security Affairs

JANUARY 2, 2022

The cyberattacks against the cryptocurrency industry are a profitable business for threat actors, according to the experts, $12.1 billion worth of cryptocurrencies have been stolen in the last decade. In 2021 we observed a spike in crypto heists, $4.25 billion worth of cryptos were stolen by cybercriminals in 2021.

Cryptocurrency 117

Cryptocurrency Scams Marketing Hacking 117

Malwarebytes

SEPTEMBER 25, 2024

Romance scams continue to plague users, but their costs have risen to staggering heights, according to a Malwarebytes survey carried out last month via our weekly newsletter. In addition, some scammers convince their targets into investing in fraudulent cryptocurrency schemes, a method known as pig butchering.

Scams 142

Scams Media Cryptocurrency Internet 142

SecureList

FEBRUARY 23, 2022

The year 2021 was eventful in terms of digital threats for organizations and individuals, and financial institutions were no exception. share in 2020 to the second most common in 2021 with 12.2%. The mass change in cybercriminals’ objectives and methods seen in 2020 continued in 2021. Phishing: In 2021, 8.2%

Banking 140

Banking Phishing Cryptocurrency Malware 140

SecureWorld News

MARCH 15, 2023

Alright, how many of you saw a cryptocurrency ad on TV in 2022? Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? Investment schemes also increased significantly from 2021, when they caused $1.9 Oh, yeah, everyone did. Probably some of you.

Cybercrime 136

Cybercrime Scams Cryptocurrency Identity Theft 136

SC Magazine

APRIL 8, 2021

For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. No wonder scam artists are taking notice and jumping on the bandwagon. billion in 2020. “We

Scams 137

Scams Cryptocurrency Phishing Marketing 137

Malwarebytes

JUNE 20, 2022

In fact, according to according to Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, California, field offices, cryptocurrency scams are big business on LinkedIn. ” How cryptocurrency scams work on LinkedIn. Victims are directed to genuine cryptocurrency investment portals.

Scams 106

Scams Cryptocurrency Accountability Media 106

Krebs on Security

FEBRUARY 26, 2023

We don’t know much about the source of the November 2021 incident, other than GoDaddy’s statement that it involved a compromised password, and that it took about two months for the company to detect the intrusion. What else do we know about the cause of these incidents?

Hacking 331

Hacking Social Engineering Phishing Scams 331

Krebs on Security

JANUARY 10, 2024

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds. Dellone says the crooks then used his phone number to break into his account at Coinbase and siphon roughly $100,000 worth of cryptocurrencies. million cyberheist.

Cryptocurrency 337

Cryptocurrency Government Cybercrime Accountability 337

The Hacker News

JUNE 12, 2023

A previously undetected cryptocurrency scam has leveraged a constellation of over 1,000 fraudulent websites to ensnare users into a bogus rewards scheme since at least January 2021.

Cryptocurrency 99

Cryptocurrency Scams 99

Webroot

FEBRUARY 13, 2024

In the digital age, the quest for love has moved online, but so have the fraudsters, with romance scams reaching record highs. These scams don’t just harm individuals financially and emotionally; they can also pose significant risks to businesses.

Scams 114

Scams Cryptocurrency Media Education 114

Security Affairs

JANUARY 30, 2022

A report from the US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds. The US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds. Scammers tricked people into sending money, often cryptocurrency, on promises of huge returns.

Media 98

Media Scams Cryptocurrency Marketing 98

CSO Magazine

OCTOBER 25, 2022

According to data from the Rekt leaderboard , cybercriminals have stolen as much as $3 billion of investor funds through 141 various cryptocurrency exploits since January, putting 2022 on track to top 2021 levels of digital currency malfeasance. billion in cryptocurrency worth about $45.5 billion in today’s value.

Cryptocurrency 88

Cryptocurrency Scams Technology Hacking 88

SecureList

AUGUST 5, 2021

In Q2 2021, corporate accounts continued to be one of the most tempting targets for cybercriminals. In Q2 2021, scammers continued to exploit the theme of pandemic-related compensation. Parcel scam: buy one, get none. Therefore, any offer to buy them is evidently a scam. Investments and public property scams.

Phishing 135

Phishing Banking Scams Computers and Electronics 135

SecureWorld News

MAY 17, 2023

Pig butchering refers to a type of investment scam that has gained popularity in recent years, particularly in relation to cryptocurrency fraud. Once a connection is formed, the scammers introduce the victims to a fake cryptocurrency investment platform. billion of the $3.3B losses reported.

Scams 98

Scams Cryptocurrency Cybercrime Advertising 98

Security Through Education

MARCH 22, 2023

What does a government scam, an IT support scam and a romance scam have in common? Let’s see what lessons we can learn from scam artists to better protect ourselves. Thanks to technology and social media, impersonation scams have grown exponentially. billion fake accounts in 2021. million worth of checks.

Scams 122

Scams Social Engineering Engineering Media 122

Krebs on Security

DECEMBER 29, 2022

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,

Cryptocurrency 295

Cryptocurrency Cybercrime Computers and Electronics Scams 295

SecureList

JULY 11, 2022

In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams. Example of a dating scam e-mail. Dating scams are the least common type of message-based fraud. 419 scam with transactions.

Scams 133

Scams Accountability Banking Phishing 133

Malwarebytes

JUNE 5, 2024

Scammers then threaten victims into sending payment, usually in the form of cryptocurrency, wire transfer, or gift cards, otherwise they’ll post the images online for all to see. However, NCRI notes virtually all sextortion scams targeting minors can be directly linked to a distributed West African gang known as the Yahoo Boys.

Scams 123

Scams Media Artificial Intelligence Accountability 123

Security Affairs

JUNE 13, 2021

The Anti-Phishing Working Group (APWG) revealed that the number of phishing websites peaked at record levels in the first quarter of 2021. The Anti-Phishing Working Group (APWG) has published its new Phishing Activity Trends Report related to the first quarter of 2021. Reported Phishing Websites for Q1 2021.

Phishing 125

Phishing Advertising Cryptocurrency Encryption 125

Krebs on Security

JUNE 27, 2023

But O’Connor also pleaded guilty in a separate investigation involving a years-long spree of cyberstalking and cryptocurrency theft enabled by “ SIM swapping ,” a crime wherein fraudsters trick a mobile provider into diverting a customer’s phone calls and text messages to a device they control.

Cryptocurrency 275

Cryptocurrency Accountability Mobile Hacking 275

Security Boulevard

MAY 3, 2021

roundup of UK focused Cyber and Information Security News, Blog Posts, Reports and general Threat Intelligence from the previous calendar month, April 2021. The cryptocurrency sector that enables ransomware crime should be more closely regulated. Millions in the UK Targeted by Malware via a DHL Scam Text Message.

Ransomware 124

Ransomware Passwords Scams Government 124

Security Boulevard

MARCH 22, 2022

gov) has released their 2021 Internet Crime Report. The number of complaints increased by 7% to 847,376 from 2020 to 2021, however the reported losses increased by 64% year over year to $6.9 For several years, the #1 Cybercrime type has been Business Email Compromise followed by the #2 of Romance Scam. 2021 Losses.

Scams 98

Scams Artificial Intelligence Identity Theft Data breaches 98

Joseph Steinberg

SEPTEMBER 5, 2024

Reinesch and Zenners, the two people seen in the video, however, never discussed such a project, because the central bank has no so project; “the project” in question is nothing more than a scam created by criminals.

Banking 169

Banking Artificial Intelligence Scams Cryptocurrency 169

Hot for Security

MARCH 2, 2021

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams. IRS and Bank-related scams.

Scams 116

Scams Identity Theft Banking Phishing 116

Krebs on Security

SEPTEMBER 17, 2022

defendants are part of an online community that is at the forefront of a dangerous escalation in coercion and intimidation tactics increasingly used by competing cybercriminal groups to steal cryptocurrency from one another and to keep their rivals in check. McGovern-Allen and the three U.K. Joseph James O’Connor , a.k.a.

Cryptocurrency 273

Cryptocurrency Accountability Scams Hacking 273

SecureList

AUGUST 23, 2021

billion USD in 2021, which is slightly less than the total revenue in 2020 but still significantly above the pre-pandemic figures. billion to $120 billion of the revenue in 2021, which is more than half of the estimated gaming industry value. billion in the first half of 2021. billion in the first half of 2021.

Mobile 141

Mobile Adware Malware Phishing 141

CyberSecurity Insiders

DECEMBER 28, 2021

All those using cryptocurrency wallets, you better be aware of this crypto scam that is being spread through Telegram. Information is out that some hackers in the name of ‘Smokes Night’ are stealing cryptocurrency from the users’ wallets by spreading Echelon Malware on Telegram.

Malware 130

Malware Cryptocurrency Scams Mobile 130

Krebs on Security

AUGUST 30, 2022

On July 20, the attackers turned their sights on internet infrastructure giant Cloudflare.com , and the intercepted credentials show at least five employees fell for the scam (although only two employees also provided the crucial one-time MFA code). 2021 post about the change. Image: Cloudflare.com. According to an Aug. In an Aug.

Mobile 344

Mobile Phishing Authentication Accountability 344