Remove DDOS Remove Scams Remove Social Engineering
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How $100M in Jobless Claims Went to Inmates

Krebs on Security

” According to ID.me, a major driver of phony jobless claims comes from social engineering, where people have given away personal data in response to romance or sweepstakes scams, or after applying for what they thought was a legitimate work-from-home job. The amount of fraud we are fighting is truly staggering.”

Scams 341
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Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday

Thales Cloud Protection & Licensing

Phishing and Fraud Bad actors can defraud customers out of their money, financial details, and other sensitive data by using deception and social engineering. By using AI to compose phishing messages, bad actors can avoid many of the telltale signs that indicate a scam, such as spelling and grammar errors and awkward phrasing.

Retail 71
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Reading INTERPOL the African Cyberthreat Assessment Report 2021

Security Affairs

The top five threats are: Online Scams – For African member countries, the highest-reported and most pressing cyberthreat across the region was identified as online scamming. This threat seeks to target and take advantage of victims’ fears, insecurities, and vulnerabilities through phishing, mass mailing and social engineering.

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The High Stakes of Cybersecurity in Online Gambling

SecureWorld News

DDoS Attacks: Distributed Denial of Service attacks can cripple gambling sites, causing downtime and loss of revenue. Fraud: Sophisticated scams, including bonus abuse and account takeovers, pose significant financial risks. Messaging apps and in-app messages on social apps are great for these.

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Cyberthreats to financial organizations in 2022

SecureList

Data from the Brazilian Federation of Banks registered a considerable increase in crime (such as explosions at bank branches to steal money) and cybercrime (increased phishing and social-engineering attacks) against banking customers and banking infrastructure. If not ransomware, then DDoS or possibly both. Forecasts for 2022.

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Pay it safe: Group-IB aids Paxful in repelling a series of web-bot attacks

Security Affairs

Group-IB assisted Paxful, an international peer-to-peer cryptocurrency marketplace, in countering web-bot and social engineering attacks. They are a big headache for eCommerce businesses today, with cybercriminals using them to steal money, brute-force user credentials or carry out DDoS attacks.

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The Road Ahead: 2025 Cybersecurity Predictions

Digital Shadows

In 2025, we anticipate more vishing (voice phishing) and fake IT helpdesk scams targeting English-speaking firms. In late 2024, Russian ransomware groups began collaborating with native English speakers, boosting their social engineering capabilities. These could include DDoS attacks, mass email bombings, and data leaks.