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Cybercriminals Accelerate Online Scams During Ramadan and Eid Fitr

Security Affairs

During the month of Ramadan, Resecurity observed a significant increase in fraudulent activities and scams. During the month of Ramadan, Resecurity observed a significant increase in fraudulent activities and scams, coinciding with a surge in retail and online transactions.

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

Krebs on Security

What follows is a deep dive into how this increasingly clever Zelle fraud scam typically works, and what victims can do about it. Last week’s story warned that scammers are blasting out text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

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Over $80 Million Lost Due to Cryptocurrency Scams

Heimadal Security

United States’ FTC just released their Data Spotlight Consumer protection report where it raises significant concerns and tries to raise awareness of cryptocurrency investments related risks. The post Over $80 Million Lost Due to Cryptocurrency Scams appeared first on Heimdal Security Blog.

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Common Holiday Scams and How to Avoid Them

Identity IQ

Common Holiday Scams and How to Avoid Them IdentityIQ The holiday season is a time for celebration, giving, and spending time with loved ones. Here are some of the most common holiday scams and how to help avoid them. Here are some of the most common holiday scams and how to help avoid them.

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AI-generated voices in robocalls are illegal, rules FCC

Malwarebytes

The Federal Communications Commission (FCC) has announced that calls made with voices generated with the help of Artificial Intelligence (AI) will be considered “artificial” under the Telephone Consumer Protection Act (TCPA). It is important to not engage in any conversation or respond to any prompts to minimize the risk of fraud.

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Decline in robocalls is encouraging, efforts seem to be working

Malwarebytes

Robocalls are automated phone calls, often associated with scams and unwanted solicitations, which can be a nuisance to individuals and businesses alike. Robocalls are not only an annoying waste of time and resources, they often serve as a prelude to more targeted scams. There are apps that can help you block robocalls.

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Disturbing robocaller fined $9.9 million

Malwarebytes

The court also imposed an injunction prohibiting any future violations of the Truth in Caller ID Act and Telephone Consumer Protection Act. If you’ve lost money to a phone scam or have information about the company or scammer who called you, tell the FTC at ReportFraud.ftc.gov. Do not engage with the call at all.

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