Adam Levin

SEPTEMBER 5, 2019

Some of the information out there was granular enough to allow a variety of scams, but the most serious is SIM-card swapping scams, where a criminal, armed with enough information about you, and most crucially your phone number, arranges to have your number moved to a phone in the criminal’s possession. . Introducing the legacy fail.

Scams 197

Scams Accountability Financial Services Insurance 197

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. “The scale of this is so massive.

Scams 335

Scams Cryptocurrency Marketing Internet 335

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. “In the vast majority of these cases, the banks did not repay the customers that reported being scammed.

Banking 292

Banking Accountability Scams Passwords 292

Krebs on Security

NOVEMBER 14, 2024

That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals.

Retail 264

Retail Advertising Cryptocurrency Marketing 264

Krebs on Security

JUNE 18, 2021

The records exposed by First American would have been a virtual gold mine for phishers and scammers involved in Business Email Compromise (BEC) scams, which often impersonate real estate agents, closing agencies, title and escrow firms in a bid to trick property buyers into wiring funds to fraudsters. That inquiry is ongoing.

Insurance 336

Insurance Risk Financial Services CISO 336

The Last Watchdog

APRIL 7, 2020

Here are key takeaways: Romance scams Like many modern companies, Zoosk, the popular San Francisco-based dating site, rests on infrastructure that’s predominantly cloud-based. Zoosk’s core service is delivered via a mobile app that has 20 different registration and/or login pages – all are API driven. “So We spoke at RSA 2020.

Mobile 266

Mobile Digital transformation Scams Accountability 266

SecureWorld News

JANUARY 28, 2021

This has resulted in many of those targeted falling for the scam. Reaction to phishing scams. This recent phishing scam has caused some concern within the cybersecurity community. Contact CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. COVID-19 related phishing emails.

Scams 109

Scams Phishing Healthcare Banking 109

CSO Magazine

JUNE 12, 2023

The attack , which Microsoft researchers call multi-stage adversary-in-the-middle (AiTM) phishing, started with a compromise at a trusted vendor and targeted organizations from the banking and financial services sectors. To read this article in full, please click here

Scams 123

Scams Financial Services Banking Phishing 123

Identity IQ

NOVEMBER 12, 2021

Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. If you’re aware of the most common identity theft scams, you can take simple actions to eliminate some of your vulnerabilities. The post 8 Common Identity Theft Scams appeared first on IdentityIQ.

Identity Theft 98

Identity Theft Scams Banking Accountability 98

The Last Watchdog

FEBRUARY 11, 2024

It seems every day we hear of another breach, another scam, another attack on anything from a small business to a critical aspect of our nation’s infrastructure. Regulatory overload Firms in the financial services industry are staring down the bottom of the regulatory barrel coming into 2024.

Cyber Risk 234

Cyber Risk Risk Financial Services Cyber threats 234

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Scams 98

Scams Mobile Marketing Banking 98

Adam Levin

NOVEMBER 30, 2018

This is a tremendous blow to consumers who trusted their information would be safe, and represents a potentially life-changing situation for anyone affected since there is enough information to make virtually any identity theft scam possible. Follow the three Ms: 1. Minimize your exposure. Manage the damage.

Identity Theft 165

Identity Theft Financial Services Media Password Management 165

Zero Day

SEPTEMBER 18, 2024

The move comes amid growing phishing attacks targeting the financial services sector; most impacted by brand impersonation scams.

Authentication 75

Authentication Banking Financial Services Scams 75

Hot for Security

APRIL 20, 2021

Although pension scam reports have decreased considerably since 2014, the agency has received 107 notifications from swindled savers between January and March 2021 – a 45% increase compared to the same period in 2020. How to protect against pension scams.

Scams 116

Scams Financial Services Media Banking 116

Security Affairs

DECEMBER 7, 2023

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan recommends customers be vigilant and look out for any suspicious or scam activities. ” reads the statement published by the company on its website. .”

Cyber Attacks 136

Cyber Attacks Financial Services Data breaches Scams 136

CyberSecurity Insiders

APRIL 4, 2023

Widespread accessibility to generative AI tools, like ChatGPT, as well as the increasing sophistication of nation-state actors, means that email scams are more convincing than ever. 73% of employees working in financial services organizations have noticed an increase in the frequency of scam emails and texts in the last 6 months.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

Identity IQ

NOVEMBER 18, 2021

And trusting financial service providers, such as banks, to keep your loved ones safe, simply isn’t enough security all of the time. According to USA Today, she was scammed $700,000 in what is called a “grandparent scam.” Recently, a Florida woman was told her granddaughter was in legal trouble by scammers.

Identity Theft 98

Identity Theft Scams Banking Financial Services 98

Security Affairs

OCTOBER 6, 2022

The Australian Federal Police (AFP) arrested a 19-year-old teen from Sydney for attempting to use data from the Optus data breach in SMS scams. “ A Sydney man, 19, has been charged for allegedly attempting to misuse stolen Optus customer data in a text message blackmail scam.” million individuals. million individuals.

Data breaches 98

Data breaches Scams Telecommunications Financial Services 98

Security Affairs

DECEMBER 22, 2023

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan recommends customers be vigilant and look out for any suspicious or scam activities. reads the statement published by the company on its website. and nissan.co.nz.

Ransomware 141

Ransomware Data breaches Financial Services Scams 141

Security Affairs

FEBRUARY 28, 2024

Targeted Sector Vulnerabilities: Financial Services, IT, Healthcare, Education, and Government sectors have emerged as primary targets, with attackers fine-tuning their strategies to exploit specific vulnerabilities within these industries.

Phishing 137

Phishing Identity Theft Scams Malware 137

Approachable Cyber Threats

JANUARY 4, 2023

They can also use text messages to entice victims to click on links in scams known as “smishing.” “OK, The word “smishing” has become a legitimate term that combines the words “Short Message Service (SMS)” and “ Phishing ”. So what do smishing scams look like?” You can also forward the scam text to 7726 (SPAM).

Scams 96

Scams Banking Phishing Accountability 96

Thales Cloud Protection & Licensing

OCTOBER 16, 2024

Individuals risk identity theft, financial loss, and privacy violations. Businesses, particularly those in financial services, healthcare, and retail sectors, suffer from operational disruptions and financial penalties. Employees play an integral role in the security of their organization.

DDOS 62

DDOS Encryption Data breaches Identity Theft 62

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. The account access could be sold in bulk to other cybercriminals to conduct traditional monetary scams.

Phishing 136

Phishing Accountability Financial Services Cloud Migration 136

SecureList

NOVEMBER 23, 2022

The risk of being scammed runs even higher. While on ordinary days, the customer can easily see that if the product is too cheap, it is most likely a scam, during the Black Friday sales, it gets harder to tell. Instead of being the first among buyers, they will join the ranks of scam victims. Phishing and scam: red flags.

Phishing 125

Phishing Banking Scams Retail 125

CyberSecurity Insiders

MAY 24, 2023

billion in 2022 due to imposter scams, according to U.S. Everyone knows someone who has fallen victim to a phishing-based brandjacking scam,” said Alex Pinchev, Founder and Managing Partner at Capri Ventures. Memcyco is trusted by leaders in financial services, eCommerce and other industries.

eCommerce 94

eCommerce Artificial Intelligence Scams Financial Services 94

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. Fraud and scams move to the web. Online skimming.

Retail 143

Retail Banking Big data Computers and Electronics 143

SecureWorld News

MAY 30, 2023

In the recent SecureWorld Financial Services virtual conference , Mike Britton and Dan Sheiber of Abnormal Security joined Adam Pendleton, CISO of LendingPoint, to discuss ChatGPT's impressive capabilities. But it is powerful, and the danger lies with what can be done using the chatbot tool.

Artificial Intelligence 98

Artificial Intelligence CISO Social Engineering Financial Services 98

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware 118

Ransomware DDOS Passwords Backups 118

The Last Watchdog

NOVEMBER 9, 2020

IoT-enabled scams and hacks quickly ramped up to a high level – and can be expected to accelerate through 2021 and beyond. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. In response, threat actors are hustling to take full advantage.

IoT 279

IoT Healthcare Internet Internet 279

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. Scams, Phishing and Malware. Leaked contact information may be used to launch scam, phishing and malware attacks against FBS users.

Passwords 136

Passwords Accountability Media Identity Theft 136

SC Magazine

MARCH 4, 2021

Indeed, Agari found that the average capital call payment scam seeks roughly $809,000 in wire transfers — more than seven times the average $72,000 sought in most BEC attacks over the last six months. However, for now the scam isn’t executed especially well, Hassold noted.

Scams 88

Scams Security Awareness Social Engineering Banking 88

Malwarebytes

MARCH 13, 2023

These scams usually offer the victims large returns with minimal risk. Crypto-investment fraud saw an incredible growth in 2022, both in number of scams and in the amount of damage done. Common scam opening lines may involve: sports, golfing, travel, fitness. Retirement, 401K, Ponzi, Pyramid, etc.).”

Cryptocurrency 70

Cryptocurrency Scams Media Social Engineering 70

Identity IQ

OCTOBER 26, 2023

Hermann has provided his expertise in helping identify and protect against identity theft and other scams to numerous national news outlets, including Forbes and Fox News. With this growth, IDIQ currently supports more than 3 million members in protecting their identities and credit.

Identity Theft 124

Identity Theft Education Marketing Financial Services 124

Identity IQ

NOVEMBER 18, 2021

And trusting financial service providers, such as banks, to keep your loved ones safe, simply isn’t enough security all of the time. According to USA Today, she was scammed $700,000 in what is called a “grandparent scam.” Recently, a Florida woman was told her granddaughter was in legal trouble by scammers.

Identity Theft 52

Identity Theft Scams Banking Financial Services 52

The Last Watchdog

NOVEMBER 13, 2018

These baseline account takeovers can then be leveraged to spread spam, distribute phishing scams, launch denial of service attacks, infiltrate and plunder networks, execute wire fraud and more. Stolen usernames and passwords are loaded up on botnets, which then relentlessly test them on account logon pages.

Digital transformation 140

Digital transformation Mobile B2C Internet 140

Malwarebytes

APRIL 12, 2022

According to WSJ , one dev claimed they were told it was “collecting data on behalf of internet service providers”. These supposed ISPs were complemented by financial service/energy companies. Simply hoping that it isn’t a scam from top to bottom won’t save you from a rogue install.

Mobile 106

Mobile Financial Services Data collection Scams 106

Cisco Security

MAY 18, 2021

The top five industries reporting a major security incident included the hospitality, architecture/engineering, education, business consulting, and financial services sectors. On the opposite side of the spectrum was the energy and public sectors, reporting far fewer incidents across all types of security threats.

Data breaches 131

Data breaches Small Business Financial Services Cybersecurity 131