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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo.

Banking 268
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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

One of the more common ways cybercriminals cash out access to bank accounts involves draining the victim’s funds via Zelle , a “peer-to-peer” (P2P) payment service used by many financial institutions that allows customers to quickly send cash to friends and family.

Scams 355
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Scammers Sent Uber to Take Elderly Lady to the Bank

Krebs on Security

Email scammers sent an Uber to the home of an 80-year-old woman who responded to a well-timed email scam, in a bid to make sure she went to the bank and wired money to the fraudsters. ” “They took control of her screen and said they had accidentally transferred $160,000 into her account,” Hardaway said.

Banking 289
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How Coinbase Phishers Steal One-Time Passwords

Krebs on Security

A recent phishing campaign targeting Coinbase users shows thieves are getting cleverer about phishing one-time passwords (OTPs) needed to complete the login process. In each case, the phishers manually would push a button that caused the phishing site to ask visitors for more information, such as the one-time password from their mobile app.

Passwords 349
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World Password Day 2024: A Wake-Up Call for Better Password Practices

SecureWorld News

In our digitally connected world, passwords are the gateway to protecting our online lives—from email and social media accounts to banking and private data. Yet, many of us still use alarmingly weak passwords or reuse the same ones across multiple sites, putting our digital identities at severe risk.

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Watch out for tech support scams lurking in sponsored search results

Malwarebytes

A campaign using sponsored search results is targeting home users and taking them to tech support scams. For systems running Windows, we found visitors are redirected to tech support scam websites such as this one. Tech Support Scam site telling the visitor to call 1-844-476-5780 You undoubtedly know the type.

Scams 136
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8 Ways to Protect Yourself against Scams on Black Friday and Cyber Monday

Adam Levin

of all reports to the BBB Scam Tracker “were online purchase scams, up from 24.3% of those consumers lost money due to those scams, up from 71.2% A BBB survey conducted in August found that the majority of these scammed consumers made purchases for which they never received products. Keep a close eye on your accounts.

Scams 239