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. “The scale of this is so massive.

Scams 327

Scams Cryptocurrency Marketing Internet 327

The Last Watchdog

APRIL 7, 2020

Here are key takeaways: Romance scams Like many modern companies, Zoosk, the popular San Francisco-based dating site, rests on infrastructure that’s predominantly cloud-based. Zoosk’s core service is delivered via a mobile app that has 20 different registration and/or login pages – all are API driven. We spoke at RSA 2020.

Mobile 266

Mobile Digital transformation Scams Accountability 266

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. “Hi, how are you?” ” he inquired.

Retail 258

Retail Advertising Cryptocurrency Marketing 258

Identity IQ

NOVEMBER 12, 2021

Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. If you’re aware of the most common identity theft scams, you can take simple actions to eliminate some of your vulnerabilities. They take over accounts that you have already established. Child Identity Theft.

Identity Theft 98

Identity Theft Scams Banking Accountability 98

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Scams 98

Scams Mobile Marketing Banking 98

Adam Levin

NOVEMBER 30, 2018

The information compromised includes (but assume is not limited to): name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences. Monitor your accounts. Follow the three Ms: 1.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

Hot for Security

APRIL 20, 2021

Although pension scam reports have decreased considerably since 2014, the agency has received 107 notifications from swindled savers between January and March 2021 – a 45% increase compared to the same period in 2020. How to protect against pension scams.

Scams 116

Scams Financial Services Media Banking 116

Security Affairs

OCTOBER 6, 2022

The Australian Federal Police (AFP) arrested a 19-year-old teen from Sydney for attempting to use data from the Optus data breach in SMS scams. “ A Sydney man, 19, has been charged for allegedly attempting to misuse stolen Optus customer data in a text message blackmail scam.” million individuals. million individuals.

Data breaches 98

Data breaches Scams Telecommunications Financial Services 98

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. New round of phishing attempts leveraging current victim’s account usually takes less than 24 hours. Gone in 24 Hours.

Phishing 136

Phishing Accountability Financial Services Cloud Migration 136

CyberSecurity Insiders

APRIL 4, 2023

Widespread accessibility to generative AI tools, like ChatGPT, as well as the increasing sophistication of nation-state actors, means that email scams are more convincing than ever. 73% of employees working in financial services organizations have noticed an increase in the frequency of scam emails and texts in the last 6 months.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

Approachable Cyber Threats

JANUARY 4, 2023

They can also use text messages to entice victims to click on links in scams known as “smishing.” “OK, The word “smishing” has become a legitimate term that combines the words “Short Message Service (SMS)” and “ Phishing ”. So what do smishing scams look like?” But email isn't the only way hackers try to get your information.

Scams 95

Scams Banking Phishing Financial Services 95

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. A German User’s Account. An Australian User’s Account. Financial details such as. Scams, Phishing and Malware.

Passwords 136

Passwords Accountability Media Identity Theft 136

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 118

Ransomware DDOS Passwords Backups 118

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. Individuals risk identity theft, financial loss, and privacy violations. The result?

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. Fraud and scams move to the web. Online skimming.

Retail 143

Retail Banking Big data Computers and Electronics 143

SecureList

NOVEMBER 23, 2022

The risk of being scammed runs even higher. While on ordinary days, the customer can easily see that if the product is too cheap, it is most likely a scam, during the Black Friday sales, it gets harder to tell. Instead of being the first among buyers, they will join the ranks of scam victims.

Phishing 125

Phishing Banking Scams Retail 125

The Last Watchdog

NOVEMBER 13, 2018

The nonstop intensity of these attacks is vividly illustrated by the fact that malicious bot communications now account for one-third of total Internet traffic. Bad actors are standing up these virtual bots by the million, cheaply and stealthily, via Amazon Web Services, Microsoft Azure and Google Cloud. Shifting security challenge.

Digital transformation 140

Digital transformation Mobile B2C Internet 140

CyberSecurity Insiders

MAY 24, 2023

billion in 2022 due to imposter scams, according to U.S. Website impersonation (also known as “brandjacking”) draws users to fraudulent copies of a brand’s website to trick them into revealing personal and financial account information used to steal their identities and funds. FTC Consumer Sentinel Network’s data book.

eCommerce 94

eCommerce Artificial Intelligence Scams Financial Services 94

Malwarebytes

MARCH 13, 2023

These scams usually offer the victims large returns with minimal risk. Crypto-investment fraud saw an incredible growth in 2022, both in number of scams and in the amount of damage done. Hacked social media accounts. Using several methods, scammers take over social media accounts to target existing friends of the hacked user.

Cryptocurrency 79

Cryptocurrency Scams Media Social Engineering 79

The Last Watchdog

NOVEMBER 9, 2020

IoT-enabled scams and hacks quickly ramped up to a high level – and can be expected to accelerate through 2021 and beyond. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. In response, threat actors are hustling to take full advantage.

IoT 279

IoT Healthcare Internet Internet 279

SC Magazine

MARCH 4, 2021

Researchers have spotted a new business email compromise (BEC) trend that, if perfected, could represent a significant social engineering threat to the financial investment and private equity community. However, for now the scam isn’t executed especially well, Hassold noted. “Do they have the right cybersecurity training?

Scams 88

Scams Security Awareness Social Engineering Banking 88

SecureList

FEBRUARY 23, 2022

We look at phishing threats commonly encountered by users and companies as well as the prevalence of various Windows and Android-based financial malware. The term is also used to describe malware seeking access to financial organizations’ IT infrastructures. Distribution of financial phishing cases by type in 2021 ( download ).

Banking 140

Banking Phishing Cryptocurrency Malware 140

SecureWorld News

SEPTEMBER 2, 2021

Someone in your organization hit send on a wire transfer for $21 million—and afterward, they discovered they sent the payment to an account controlled by cybercriminals. Since BEC attacks can happen so swiftly, it is imperative to act quickly—rapid-fire quick—when it is suspected a financial transaction could be compromised.

Cybercrime 97

Cybercrime Accountability Financial Services Ransomware 97

CyberSecurity Insiders

APRIL 30, 2021

one business leader fell victim to a deepfake scam ?where where fraudsters impersonated a trusted business partner , manipulat ing the CEO into transferring $243,000 to the scammers’ account. . According to McKin sey , this type of fraud is already the fastest grow ing type of financial crime in the U. In a famous case,?

Technology 93

Technology Authentication Media Accountability 93

SecureWorld News

APRIL 4, 2022

The most frequent targets of leakware are hospitals, law firms, and financial services organizations. Government Accountability Office (GAO) data, 13 of the 16 agencies involved in the study reported a total cost savings of $291 million from using cloud services. According to the U.S.

Ransomware 98

Ransomware Digital transformation Phishing Small Business 98

Security Boulevard

MAY 2, 2023

Some of you may have heard that students in UAB's Investigating Online Crimes class have been researching Crypto Investment Scam websites. MTI encouraged members to create an account, after which they would be granted an affiliate code. You can find a list of some of the sites we've identified so far on URLScan.io I'm shocked!

Scams 52

Scams Artificial Intelligence Financial Services Marketing 52

SecureList

MARCH 31, 2021

Traditionally, the study covers the common phishing threats encountered by users, along with Windows and Android-based financial malware. In this research, by financial malware we mean several types of malevolent software. The most frequently used brands in ‘payment systems’ financial phishing schemes in 2020 ( download ).

Banking 145

Banking Phishing Malware Mobile 145

Security Boulevard

OCTOBER 16, 2024

According to Imperva’s State of API Security in 2024 report, APIs—the rules allowing software applications to communicate with each other—now account for a staggering 71% of internet traffic. Individuals risk identity theft, financial loss, and privacy violations. The result?

DDOS 69

DDOS Encryption Data breaches Identity Theft 69

eSecurity Planet

JUNE 16, 2022

There are many types of cyberattacks , with top trends for 2022 including mobile attacks, ransomware, COVID-related scams and hacks, zero-click attacks , malicious QR codes , phishing , cryptojacking , and IoT malware attacks, among others. Capital markets, insurance, financial services, and banking are now online. Ransomware.

Backups 145

Backups Ransomware Malware Firewall 145

CyberSecurity Insiders

APRIL 12, 2021

A variety of imposter scams are made more convincing when more personal details are known about a person or their family. Part of the threat issued to the victim is to pay the ransom for the decryption key, or the stolen data will be released to the public. This is a new level of ransomware meets blackmail.

Encryption 87

Encryption Identity Theft Big data Financial Services 87

Security Boulevard

NOVEMBER 8, 2024

For more information about protecting your organization against deepfakes: “ How to prevent deepfakes in the era of generative AI ” (TechTarget) “ Deepfake scams escalate, hitting more than half of businesses ” (Cybersecurity Dive) “ The AI Threat: Deepfake or Deep Fake? Financial services and law offices rounded out the top five.

Phishing 49

Phishing Cybersecurity Ransomware Malware 49

Digital Shadows

AUGUST 17, 2021

The targeted phishing is going after folks in HR using fake but malicious resumes or payroll and accounts receivable teams to move legitimate payment accounts into attacker control. A compromised customer account might use business email compromise tactics to phish everyone in that customer’s circle. Figure 2: Spam.

Phishing 52

Phishing Accountability Social Engineering Mobile 52

SecureWorld News

OCTOBER 15, 2020

A group of teenagers used social engineering to breach Twitter's network and take over the accounts of a whole bunch of A-listers. People like Barack Obama, Bill Gates, Kim Kardashian West, Jeff Bezos, and Elon Musk were suddenly tweeting about a can't miss double your bitcoin opportunity, that was really a scam.

Social Engineering 104

Social Engineering Media Scams Financial Services 104

SecureList

AUGUST 5, 2021

In Q2 2021, corporate accounts continued to be one of the most tempting targets for cybercriminals. To add to the credibility of links in emails, scammers imitated mailings from popular cloud services. Cybercriminals also faked emails from cloud services in schemes aimed at stealing not accounts but money.

Phishing 134

Phishing Banking Scams Computers and Electronics 134

SecureList

FEBRUARY 15, 2021

The Kaspersky Anti-Phishing component blocked 434,898,635 attempts at accessing scam sites. Contact us to lose your money or account! We assume that those who called the numbers were asked to provide the login and password for the service that the scammers were imitating, or to pay for some diagnostics and troubleshooting services.

Phishing 145

Phishing Malware Accountability Scams 145

SecureList

MARCH 29, 2023

BlueNoroff developed an elaborate phishing campaign that targeted startups and distributed malware for stealing all crypto in the account tied to the device. We look at phishing threats commonly encountered by users and companies, as well as the dynamics of various Windows and Android-based financial malware. of attacks.

Banking 114

Banking Phishing Cryptocurrency Mobile 114

SecureList

NOVEMBER 1, 2021

Scamming championship: sports-related fraud. Accordingly, the Euro 2020 championship was used by scammers as bait to hijack accounts on the major gaming portal belonging to Japanese gaming giant Konami. If they entered their credentials, the attackers took over their account and the “bonus” evaporated into thin air.

Phishing 130

Phishing Scams Accountability Computers and Electronics 130