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SMS About Bank Fraud as a Pretext for Voice Phishing

Krebs on Security

Smishing messages usually include a link to a site that spoofs a popular bank and tries to siphon personal information. But increasingly, phishers are turning to a hybrid form of smishing — blasting out linkless text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

Banking 362
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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 291
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When Bank Communication is Indistinguishable from Phishing Attacks

Troy Hunt

You know how banks really, really want to avoid their customers falling victim to phishing scams? And how they put a heap of effort into education to warn folks about the hallmarks of phishing scams? And how banks are the shining beacons of light when it comes to demonstrating security best practices? Ah, cheeky phisher!

Banking 234
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U.K. Arrest in ‘SMS Bandits’ Phishing Service

Krebs on Security

Authorities in the United Kingdom have arrested a 20-year-old man for allegedly operating an online service for sending high-volume phishing campaigns via mobile text messages. ” SMS Bandits offered an SMS phishing (a.k.a. Image: osint.fans. “But on the telecom front they were using fairly sophisticated tactics.”

Phishing 348
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Sendgrid Under Siege from Hacked Accounts

Krebs on Security

Email service provider Sendgrid is grappling with an unusually large number of customer accounts whose passwords have been cracked, sold to spammers, and abused for sending phishing and email malware attacks. “And I just am not seeing anything this egregious in terms of viruses and spams from the other email service providers.”

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PayPal Phishing Scam Uses Invoices Sent Via PayPal

Krebs on Security

The missives — which come from Paypal.com and include a link at Paypal.com that displays an invoice for the supposed transaction — state that the user’s account is about to be charged hundreds of dollars. ” A copy of the phishing message included in the PayPal.com invoice.

Scams 350
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SMS Phishing + Cardless ATM = Profit

Krebs on Security

Thieves are combining SMS-based phishing attacks with new “cardless” ATMs to rapidly convert phished bank account credentials into cash. The text messages contained a link to unlock their accounts and led customers to a Web site that mimicked the legitimate Fifth Third site. Image: Mastercard.us.

Phishing 245