Remove Accountability Remove Scams Remove Social Engineering
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Details of a Phone Scam

Schneier on Security

First-person account of someone who fell for a scam, that started as a fake Amazon service rep and ended with a fake CIA agent, and lost $50,000 cash. And this is not a naive or stupid person. The details are fascinating. And if you think it couldn’t happen to you, think again. Given the right set of circumstances, it can.

Scams 324
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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. . In the case of Zelle scams, the answer is yes. ” Sen.

Banking 292
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Interpol arrests 2000 criminals launching social engineering attacks

CyberSecurity Insiders

In what appears as an operation first of its kind, Interpol has arrested over 2000 criminals who launched social engineering attacks worldwide. Usually, in such scams, cybercriminals manipulate victims in the disguise of company employees or individuals. More details about the scam will be updated shortly! .

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What Are Social Engineering Scams?

Identity IQ

What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. In this scheme, scammers gain unauthorized access to a victim’s account and exploit it for malicious purposes.

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Social Engineering from the Attacker Perspective

Security Through Education

At Social-Engineer, LLC (SECOM), we define social engineering as “any act that influences a person to take an action that may or may not be in their best interest.” If you Google “social engineering,” you will get a very different and more negative definition. billion to phone scams.

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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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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

GoDaddy described the incident at the time in general terms as a social engineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. But we do know the March 2020 attack was precipitated by a spear-phishing attack against a GoDaddy employee.

Hacking 309