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Wire Fraud Scam Upgraded with Bitcoin

Schneier on Security

The FBI has issued a bulletin describing a bitcoin variant of a wire fraud scam : As the agency describes it, the scammer will contact their victim and somehow convince them that they need to send money, either with promises of love, further riches, or by impersonating an actual institution like a bank or utility company.

Scams 309
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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. 13, with an attack on cryptocurrency trading platform liquid.com.

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Interview With a Crypto Scam Investment Spammer

Krebs on Security

Social networks are constantly battling inauthentic bot accounts that send direct messages to users promoting scam cryptocurrency investment platforms. The messages said recipients had earned an investment credit at a cryptocurrency trading platform called moonxtrade[.]com.

Scams 284
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Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

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.

Scams 339
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LLMs and Phishing

Schneier on Security

But while it’s an easy experiment to run, it misses the real risk of large language models (LLMs) writing scam emails. Today’s human-run scams aren’t limited by the number of people who respond to the initial email contact. So why were scammers still sending such obviously dubious emails?

Phishing 326
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How BRICS Got “Rug Pulled” – Cryptocurrency Counterfeiting is on the Rise

Security Affairs

Resecurity has identified an increasing trend of cryptocurrency counterfeiting, the experts found several tokens impersonating major brands, government organizations and national fiat currencies. Resecurity has identified an increasing trend of cryptocurrency counterfeiting.

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Internet Safety Month: Avoiding the consequences of unsafe Internet practices

Malwarebytes

Welcome to Internet Safety Month, a once-a-year event in which you, the public, are told that anywhere between three and 30 different best practices will simplify your approach to staying safe online. This year, then, for Internet Safety Month, we’re packaging our advice a little differently. None of these situations are hypotheticals.

Internet 139