Remove Authentication Remove Insurance Remove Web Fraud
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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

In reality, the fraudster initiates a transaction — such as the “forgot password” feature on the financial institution’s site — which is what generates the authentication passcode delivered to the member. To combat this scam Zelle introduced out-of-band authentication with transaction details.

Scams 362
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Gift Card Gang Extracts Cash From 100k Inboxes Daily

Krebs on Security

Bill said this criminal group averages between five and ten million email authentication attempts daily, and comes away with anywhere from 50,000 to 100,000 of working inbox credentials. “For context, our research indicates that multi-factor authentication prevents more than 99.9% ” The Gift Card Gang’s Footprint.

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. Encrypting sensitive data wherever possible. ”

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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

For example, in 2019 McAfee found that for targets in Japan, the 16Shop kit would also collect Web ID and Card Password, while US victims will be asked for their Social Security Number.

Phishing 231
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How $100M in Jobless Claims Went to Inmates

Krebs on Security

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. to shore up their authentication efforts, with six more states under contract to use the service in the coming months. are using it. based ID.me

Scams 338