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KrebsOnSecurity recently told the saga of a cryptocurrency investor named Tony who was robbed of more than $4.7 Before we get to the Apple scam in detail, we need to revisit Tony’s case. million in cryptocurrencies from Tony was verify-trezor[.]io. Image: Shutterstock, iHaMoo. million in an elaborate voice phishing attack.
These malware scams lure individuals with fake conference invitations designed to mimic legitimate meeting requests and exploit users’ trust. Cybercriminals employ socialengineering techniques to trick you into believing you must resolve fictitious technical issues.
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.
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. Tylerb was reputed to have fled the United Kingdom after that assault.
The Russian-speaking Crazy Evil group runs over 10 social media scams, tricking victims into installing StealC, AMOS, and Angel Drainer malware. Since 2021, the Crazy Evil gang has become a major cybercriminal group, using phishing, identity fraud, and malware to steal cryptocurrency.
Scattered Spider members are part of a broader cybercriminal community called “The Com,” where hackers brag about high-profile cyber thefts, typically initiated through socialengineering tactics like phone, email, or SMS scams to gain access to corporate networks. ” reads the press release published by DoJ.
Be wary of romance scams "People can be vulnerable on February 14th," said Dave Machin , Partner at The Berkeley Partnership. "If If you're using a dating app or social media, watch out for people who claim to fall for you really fast but avoid video calls, meetups, or providing personal details."
GoDaddy described the incident at the time in general terms as a socialengineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. One multifactor option — physical security keys — appears to be immune to these advanced scams.
What does a government scam, an IT support scam and a romance scam have in common? They all use psychology and socialengineering skills to convince their victims to take an action that is detrimental to them. Let’s see what lessons we can learn from scam artists to better protect ourselves.
Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?
The North Korea-linked threat actor known as Sapphire Sleet is estimated to have stolen more than $10 million worth of cryptocurrency as part of socialengineering campaigns orchestrated over a six-month period.
Amazon Online Shopping was mimicked by 33.19% of all phishing and scam pages targeting online store users in 2024. Cryptocurrency phishing saw an 83.37% year-over-year increase in 2024, with 10.7 The attackers employed socialengineering techniques to trick victims into sharing their financial data or making a payment on a fake page.
Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. The post Fake Cash Scams Thrive on Facebook and Insta—FTC appeared first on Security Boulevard. consumers in 2021.
Are you investing in cryptocurrency or thinking about it? Be sure to listen or watch our April monthly show for our top 3 ways to keep your cryptocurrency safe! ** Links mentioned on the show ** 10 Ways to Keep Your Cryptocurrency Safe [link] Beware of These Top Bitcoin Scams [link] 9 Best Crypto Wallets […].
A crypto support bot scam discovered in May has now increased and widened its breadth of targeted cryptocurrency users. If the user falls for it, the scammer then works on the user, using socialengineering to obtain the recovery phrase for the user’s cryptocurrency account.
For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. No wonder scam artists are taking notice and jumping on the bandwagon. billion in 2020. “We
The higher the global popularity of cryptocurrencies and the more new ways of storing them, the wider the arsenal of tools used by malicious actors who are after digital money. This story covers two fundamentally different methods of email attacks on the two most popular ways of storing cryptocurrency: hot and cold wallets.
The smash-and-grab attacks by LAPSUS$ obscure some of the group’s less public activities, which according to Microsoft include targeting individual user accounts at cryptocurrency exchanges to drain crypto holdings. The flash scam netted the perpetrators more than $100,000 in the ensuing hours. ” SMASH & GRAB.
Socialengineering attacks leveraging a combination of romantic lures and cryptocurrency fraud have been luring unsuspecting victims into installing fake apps by taking advantage of legitimate iOS features like TestFlight and Web Clips. This style of
A fair few cryptocurrencyscams have been doing the rounds across 2021. Fake Elon Musk cryptocurrencyscams. Another social media shenanigan involving cryptocurrency? The FTC estimates at least $2 million has been stolen from cryptocurrency investors. 419 crypto scam. Recovery code theft.
There are two main types of online fraud aimed at stealing user data and money: phishing and scams. Phishers primarily seek to extract confidential information from victims, such as credentials or bank card details, while scammers deploy socialengineering to persuade targets to transfer money on their own accord. Distribution.
Amini Pedram Amini , Chief Scientist, Opswat The sophistication and abuse of AI are escalating as costs drop, driving a surge in ML-assisted scams and attacks on physical devices. Organizations face rising risks of AI-driven socialengineering and personal device breaches.
Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is socialengineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.
Kidnap scams involve making a phone call to a victim and telling them a loved one has been taken. Things become even worse when socialengineering combines with publicly available data to make it even more convincing. The post How to spot the signs of a virtual kidnap scam appeared first on Malwarebytes Labs.
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.
The Rise of AI SocialEngineeringScams IdentityIQ In today’s digital age, socialengineeringscams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).
authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. 9, 2024, U.S.
The CISA warning explicitly states that its employees "will never contact you with a request to wire money, cash, cryptocurrency, or use gift cards and will never instruct you to keep the discussion secret." Companies must employ AI themselves to fight these scams."
CyberNews analyzed a classic cryptocurrency romance scam, also known as CryptoRom, explaining how scammers hid the money CryptoRom scammers hid the money with several layers of obfuscation, but the Cybernews research team discovered that the stolen funds ended up in Binance accounts. Here’s how we did it.
You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,
E-mail scammers typically combine socialengineering with technical skills to bypass spam filters and persuade the recipient to reply. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams.
Socialengineeringscams frequently exploit our desire to help by using themes of sympathy and assistance to manipulate us. These scams often involve impersonating someone in need of help, triggering an emotional response that leaves out critical thought.
Socialengineeringscams frequently exploit our desire to help by using themes of sympathy and assistance to manipulate us. These scams often involve impersonating someone in need of help, triggering an emotional response that leaves out critical thought.
Oink, oink, FAIL—you’re in jail: Kansas bank chief exec Shan Hanes stole money from investors, a church and others to buy cryptocurrency to feed a scam. The post Pig Butchering at Heart of Bank Failure — CEO Gets 24 Years in Jail appeared first on Security Boulevard.
Crypto phishing scams are fraudulent activities designed to steal your cryptocurrency assets, typically by tricking you into revealing your private keys or sending your cryptocurrencies to the scammer’s wallet. These scams often involve deception, socialengineering, and manipulation.
The email specifies that the HR manager should include the codes associated with each card, which the scammer behind the scenes then sells online for cash or cryptocurrency. We would never expect someone we know and work with to scam us, much less defraud our organization. Scenario 3.
On July 20, the attackers turned their sights on internet infrastructure giant Cloudflare.com , and the intercepted credentials show at least five employees fell for the scam (although only two employees also provided the crucial one-time MFA code). Image: Cloudflare.com. On that last date, Twilio disclosed that on Aug. According to an Aug.
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.
While the ongoing pandemic and vaccination campaigns ushered in a new wave of creative scams, some malicious actors prefer to stick to old-fashioned scams that have proven efficient in the past. 79.72% of scam emails appear to be sent from IP addresses in Germany, targeting users in Europe and North America.
These individuals said they were only customers of the person who had access to Twitter’s internal employee tools, and were not responsible for the actual intrusion or bitcoin scams that took place that day. “Without the buyers and the resellers, there is no incentive to hack into all these social media and gaming companies.”
Cryptocurrency-related phishing attacks are on the rise, with a report from Kaspersky recording an increase of 40% in 2022 compared to the previous year. The post Cryptocurrency Phishing Threats Luring New Victims appeared first on Security Boulevard.
As the popularity around cryptocurrency has continued to rise in 2018, it has also paved an easy path for cash-hungry scammers to launch “cryptocurrency giveaway scams.”.
Together with the Department of Homeland Security (DHS) and the Cybersecurity and Infrastructure Security Agency (CISA), the FBI has released a warning about cybercriminals creating fraudulent cryptocurrency investment apps in order to defraud cryptocurrency investors. Stay safe, everyone!
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