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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams 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).

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Social Engineering 2.0: The Rise of Deepfake Phishing

SecureWorld News

And one of the most successful and increasingly prevalent ways of attack has come from social engineering, which is when criminals manipulate humans directly to gain access to confidential information. Social engineering is more sophisticated than ever, and its most advanced iteration is the topic of today's discussion: deepfakes.

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Navigating the Web of Romance Scams: A Guide for Businesses and Consumers

Webroot

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.

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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

GoDaddy described the incident at the time in general terms as a social engineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. But we do know the March 2020 attack was precipitated by a spear-phishing attack against a GoDaddy employee.

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Impersonation Scams: Why Are They So Dangerous?

Security Through Education

At Social-Engineer, we define impersonation as “the practice of pretexting as another person with the goal of obtaining information or access to a person, company, or computer system.” Impersonation scams are deceptive tactics used by cybercriminals to pose as trusted entities or individuals to exploit victims.

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Hackers Intercept USPS Workers' Paychecks in Direct Deposit Scam

SecureWorld News

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. This was a not an incredibly technical attack.

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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. In March, a voice phishing scam targeting GoDaddy support employees allowed attackers to assume control over at least a half-dozen domain names, including transaction brokering site escrow.com.