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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams 361
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“Urgent reminder” tax scam wants to phish your Microsoft credentials

Malwarebytes

Entering your password will send your credentials to a Russian receiver, who will decide what the most profitable way to use them is. But that’s just one example of a tax scam. The IRS’s annual Dirty Dozen list of tax scams shows common schemes that threaten your tax and financial information.

Scams 140
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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. In the case of Zelle scams, the answer is yes.

Banking 285
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How Coinbase Phishers Steal One-Time Passwords

Krebs on Security

A recent phishing campaign targeting Coinbase users shows thieves are getting cleverer about phishing one-time passwords (OTPs) needed to complete the login process. In each case, the phishers manually would push a button that caused the phishing site to ask visitors for more information, such as the one-time password from their mobile app.

Passwords 363
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Crooks bank on Microsoft’s search engine to phish customers

Malwarebytes

We identified a new wave of phishing for banking credentials that targets consumers via Microsoft’s search engine. Once a victim types their user ID and password, criminals will receive the data immediately. Passkeys come to mind immediately since they do not involve passwords at all.

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Mobile security matters: Protecting your phone from text scams

Webroot

Little do you know, clicking that link could open the door for scammers to steal your identity, empty your bank account, or even plant malicious software (malware) on your device. Text scams, also known as smishing (SMS + phishing ), are on the rise. Task scams Task scams are fake job opportunities.

Scams 72
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Why we’re no longer doing April Fools’ Day 

Malwarebytes

Were forever investigating new scams here at Malwarebytes, and so we get how hard it is to know whator whoto trust online. Theres the scam that takes advantage of grieving people and tricks them into paying for a funeral live stream. How to protect yourself from scams Watch out for a false sense of urgency. No exceptions.

Scams 142