Krebs on Security

JULY 21, 2022

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.

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Scams Cryptocurrency Marketing Internet 339

Schneier on Security

APRIL 10, 2023

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?

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Phishing Scams Surveillance Internet 330

Security Boulevard

JANUARY 28, 2022

Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. The post Fake Cash Scams Thrive on Facebook and Insta—FTC appeared first on Security Boulevard. consumers in 2021.

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Scams Cryptocurrency Media Social Engineering 128

Identity IQ

MAY 3, 2021

There’s no doubt about it, cryptocurrency is increasingly entering into the main fray as a currency of choice. But also on the rise are cryptocurrency-related scams. According to the “Cryptocurrency Scam Report,” published by fraud prevention company Bolster, more than 400,000 crypto scams were created over the last year.

Cryptocurrency 105

Cryptocurrency Scams Media Accountability 105

Heimadal Security

SEPTEMBER 18, 2023

Cybercriminals heavily target TikTok users with cryptocurrency giveaway scams. These types of posts have been on other social media platforms – Instagram and Twitter – for years. Cryptocurrency Scams on […] The post Cryptocurrency Scams to Heavily Target TikTok Users appeared first on Heimdal Security Blog.

Cryptocurrency 90

Cryptocurrency Scams Media Cybersecurity 90

Malwarebytes

SEPTEMBER 25, 2024

Romance scams continue to plague users, but their costs have risen to staggering heights, according to a Malwarebytes survey carried out last month via our weekly newsletter. In addition, some scammers convince their targets into investing in fraudulent cryptocurrency schemes, a method known as pig butchering.

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Scams Media Cryptocurrency Internet 144

Krebs on Security

DECEMBER 16, 2021

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Ellis Pinsky, in a photo uploaded to his social media profile. Nicholas Truglia, holding bottle. Image: twitter.com/erupts.

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Cryptocurrency Mobile Accountability Scams 354

Security Boulevard

MAY 27, 2021

Are you doing enough to prevent scammers from hijacking your social media accounts? The post Cryptocurrency scam attack on Twitter reminds users to check their app connections appeared first on The State of Security.

Cryptocurrency 85

Cryptocurrency Scams Media Accountability 85

Krebs on Security

JUNE 6, 2023

In May, KrebsOnSecurity interviewed a Russian spammer named “ Quotpw “ who was mass-registering accounts on the social media network Mastodon in order to conduct a series of huge spam campaigns advertising scam cryptocurrency investment platforms. com site,” the Trend researchers wrote. . Image: Trend Micro.

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Accountability Scams Cryptocurrency Advertising 232

SC Magazine

APRIL 8, 2021

For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. No wonder scam artists are taking notice and jumping on the bandwagon. billion in 2020. “We

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Scams Cryptocurrency Phishing Marketing 137

Krebs on Security

MARCH 7, 2022

This final post on the Conti conversations explores different schemes that Conti pursued to invest in and steal cryptocurrencies. This wealth allowed Conti to do things that regular investors couldn’t — such as moving the price of cryptocurrencies in one direction or the other. “Cryptocurrency article contest!

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Ransomware Cryptocurrency DDOS Scams 247

SecureWorld News

MARCH 15, 2023

Alright, how many of you saw a cryptocurrency ad on TV in 2022? Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? Oh, yeah, everyone did. How many of you acted on those ads and actually purchased crypto? Probably some of you. According to the U.S.

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Cybercrime Scams Cryptocurrency Identity Theft 130

The State of Security

MAY 27, 2021

Are you doing enough to prevent scammers from hijacking your social media accounts? Read more in my article on the Tripwire State of Security blog.

Cryptocurrency 131

Cryptocurrency Scams Media Accountability 131

Security Affairs

JANUARY 30, 2022

A report from the US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds. The US Federal Trade Commission (FTC) revealed that in 2021 Americans lost $770 million from social media frauds. These data are the result of the increased exposure of netizens through social media.

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Media Scams Cryptocurrency Marketing 98

Security Affairs

FEBRUARY 1, 2024

Daniel James Junk (22) of Portland was sentenced to 72 months in federal prison for his role in a scheme that resulted in the theft of millions of dollars of cryptocurrency using a SIM swapping. Once hijacked a SIM, the attacker can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.

Cryptocurrency 140

Cryptocurrency Computers and Electronics Accountability Scams 140

The Hacker News

JUNE 19, 2024

A threat actor who goes by alias markopolo has been identified as behind a large-scale cross-platform scam that targets digital currency users on social media with information stealer malware and carries out cryptocurrency theft.

Scams 106

Scams Software Cryptocurrency Media 106

Krebs on Security

JULY 26, 2021

02, 2020, pitching him as a trustworthy cryptocurrency expert and advisor. Justice Department last week announced O’Connor’s arrest and indictment, his alleged role in the Twitter compromise was well covered in the media. Joseph “PlugwalkJoe” O’Connor, in a photo from a paid press release on Sept.

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Media Hacking Accountability Scams 349

Graham Cluley

AUGUST 14, 2024

Scammers are once again using deepfake technology to dupe unwary internet Facebook and Instagram users into making unwise cryptocurrency investments. Read more in my article on the Hot for Security blog.

Cryptocurrency 124

Cryptocurrency Scams Media Internet 124

Malwarebytes

AUGUST 13, 2021

A fair few cryptocurrency scams have been doing the rounds across 2021. One of the sneakiest ways to grab a code is to jump into customer support discussions on social media. Fake Elon Musk cryptocurrency scams. Another social media shenanigan involving cryptocurrency? 419 crypto scam.

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Scams Cryptocurrency Social Engineering Media 119

Malwarebytes

JUNE 20, 2022

Digital currency fraud is a growing issue on social media, and LinkedIn is no different. In fact, according to according to Sean Ragan, the FBI’s special agent in charge of the San Francisco and Sacramento, California, field offices, cryptocurrency scams are big business on LinkedIn. “It’s a significant threat.

Scams 103

Scams Cryptocurrency Accountability Media 103

Krebs on Security

NOVEMBER 21, 2024

The targeted SMS scams asked employees to click a link and log in at a website that mimicked their employer’s Okta authentication page. According to prosecutors, the group mainly sought to steal cryptocurrency from victim companies and their employees. A Scattered Spider phishing lure sent to Twilio employees.

Identity Theft 228

Identity Theft Phishing Cryptocurrency Accountability 228

Identity IQ

APRIL 20, 2023

Tax Season Scams: How to Protect Your Identity IdentityIQ While it’s important to be on high alert and protect your identity all year long, tax season is an especially vulnerable time. Every tax season, identity thieves run a variety of scams to get their hands on taxpayers’ personal information. It’s probably a scam.

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Scams Identity Theft Cryptocurrency Phishing 124

Malwarebytes

JUNE 23, 2022

Parking meters and car parks generally are prime targets for this type of scam. With NFTs hitting boiling point in the media, it’s natural to think scammers would turn their sights on the plundering of incredibly fungible apes and other items of a digital nature. Rogue cryptocurrency billboards: A growing trend?

Cryptocurrency 104

Cryptocurrency Phishing Scams Advertising 104

Krebs on Security

OCTOBER 13, 2021

Coinbase is the world’s second-largest cryptocurrency exchange, with roughly 68 million users from over 100 countries. ” Last month, Coinbase disclosed that malicious hackers stole cryptocurrency from 6,000 customers after using a vulnerability to bypass the company’s SMS multi-factor authentication security feature.

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Passwords Phishing Accountability Mobile 353

Malwarebytes

JANUARY 5, 2022

There’s a lot of concern in the cryptocurrency realm at the moment. Yield farming is a popular target for scams, as lots of money is dropped into new services with the hope of big payouts via passive income earnings further down the line. What is a rug pull in cryptocurrency? Yield farming in DeFi (Decentralised Finance).

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Cryptocurrency Scams Risk Media 125

Malwarebytes

NOVEMBER 22, 2024

Meta provided insight this week into the company’s efforts in taking down more than 2 million accounts that were connected to pig butchering scams on their owned platforms, Facebook and Instagram. Pig butchering scams are big business, with hundreds of millions of dollars involved every year.

Accountability 133

Accountability Scams Cryptocurrency Identity Theft 133

Krebs on Security

MAY 30, 2023

A number of Discord communities focused on cryptocurrency have been hacked this past month after their administrators were tricked into running malicious Javascript code disguised as a Web browser bookmark. “I’ve seen all kinds of crypto scams, but I’ve never seen one like this.”

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Hacking Accountability Scams Cryptocurrency 316

Security Through Education

MARCH 22, 2023

What does a government scam, an IT support scam and a romance scam have in common? Let’s see what lessons we can learn from scam artists to better protect ourselves. Thanks to technology and social media, impersonation scams have grown exponentially. You realize the email is a scam.

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Scams Social Engineering Engineering Media 122

Krebs on Security

MARCH 5, 2024

On March 1, a cryptocurrency address that security researchers had already mapped to BlackCat received a single transaction worth approximately $22 million. “They are exit scamming their affiliates. “Sadly for Change Healthcare, their data [is] still with us.” “It’s a good lesson for everyone.

Healthcare 358

Healthcare Ransomware Scams Government 358

Malwarebytes

DECEMBER 7, 2022

Whether you’ve been naughty or nice, someone will try and stuff a scam down your chimney either way. Social media shopping scams. The FBI says : Consumers should beware of posts on social media sites that appear to offer vouchers or gift cards. Work from home scams. Charity scams. Gift card generators.

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Scams Cryptocurrency Media Malware 98

Identity IQ

MAY 9, 2022

What are NFT Scams? Most NFT scams happen when a bad actor steals a participant’s cryptocurrency wallet login or tricks a buyer into believing they have successfully purchased or sold a legitimate NFT. Here’s a Rundown of the Most Common NFT Scams and How to Help Avoid Them. IdentityIQ. Watch out for Chats on Discord.

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Scams Marketing Cryptocurrency Education 105

Krebs on Security

JUNE 27, 2023

But O’Connor also pleaded guilty in a separate investigation involving a years-long spree of cyberstalking and cryptocurrency theft enabled by “ SIM swapping ,” a crime wherein fraudsters trick a mobile provider into diverting a customer’s phone calls and text messages to a device they control.

Cryptocurrency 252

Cryptocurrency Accountability Mobile Hacking 252

Webroot

FEBRUARY 13, 2024

In the digital age, the quest for love has moved online, but so have the fraudsters, with romance scams reaching record highs. These scams don’t just harm individuals financially and emotionally; they can also pose significant risks to businesses.

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Scams Cryptocurrency Media Education 89

Krebs on Security

DECEMBER 29, 2022

That’s a crazy long time for an independent media outlet these days, but then again I’m bound to keep doing this as long as they keep letting me. Super Bowl Sunday watchers are treated to no fewer than a half-dozen commercials for cryptocurrency investing. KrebsOnSecurity turns 13 years old today.

Cryptocurrency 270

Cryptocurrency Cybercrime Computers and Electronics Scams 270

The Hacker News

JANUARY 3, 2024

American cybersecurity firm and Google Cloud subsidiary Mandiant had its X (formerly Twitter) account compromised for more than six hours by an unknown attacker to propagate a cryptocurrency scam. As of writing, the account has been restored on the social media platform. It's currently not clear how the account was breached.

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Scams Accountability Hacking Cryptocurrency 93

Malwarebytes

JANUARY 3, 2025

It specializes in stealing credentials stored in most browsers, session cookie theft for platforms like Discord and Steam, and information theft related to cryptocurrency wallets. But the end goal to this scam, and most others, is monetary gain. So keep an eye on your digital and flat currency if youve fallen for one of these scams.

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Scams Identity Theft Media Cryptocurrency 116

Hot for Security

MARCH 2, 2021

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams. IRS and Bank-related scams.

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Scams Identity Theft Banking Phishing 116