Remove eCommerce Remove Scams Remove Social Engineering
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Massive Online Shopping Scam Racks Up 850,000 Victims

Security Boulevard

The post Massive Online Shopping Scam Racks Up 850,000 Victims appeared first on Security Boulevard. Chinese crooks are running a global network of more than 75,000 fake online shops to steal credit card data and process fraudulent payments.

Scams 124
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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. These methods are commonly employed in wire fraud and well-known bogus invoice scams. billion on organizations.

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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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Phishing trap: security awareness through a different lens

BH Consulting

Banks and insurance companies are telling customers to be wary of scam messages. Social engineering techniques, such as phishing, target not the systems but the people using them. Social engineering techniques, such as phishing, target not the systems but the people using them. A message to you.