SecureWorld News

MARCH 22, 2021

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

Cybercrime 54

Cybercrime Scams Banking Accountability 54

SecureList

MAY 6, 2024

A significant share of scam, phishing and malware attacks is about money. Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets.

Phishing 99

Phishing Banking Mobile Scams 99

Security Affairs

OCTOBER 17, 2023

According to Statista.com, the impact of cybercrime is expected to reach almost $13 trillion this year. With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. You should always stop and verify.

Social Engineering 105

Social Engineering Ransomware Engineering Phishing 105

Security Affairs

JANUARY 3, 2024

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Upon detection, it alters the banking information of the intended recipient (like the victim’s supplier) to details specified by the perpetrator.

Artificial Intelligence 111

Artificial Intelligence Banking Scams Cybercrime 111

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. This includes fraudulent advertising on search engines, fake websites and posts on social media.

Scams 82

Scams Banking Cyber Insurance Cybercrime 82

SecureWorld News

DECEMBER 2, 2021

BEC attacks start because an actor steals information, then uses social engineering techniques to get the victim to transfer funds into a false account. Before the victim knows it, they have been conned into transferring their entire life's savings or some of their business's budget into a malicious hacker's bank account.

Cybercrime 77

Cybercrime Healthcare Social Engineering Banking 77

Security Affairs

OCTOBER 30, 2021

INTERPOL published the African Cyberthreat Assessment Report 2021, a report that analyzes evolution of cybercrime in Africa. A new report published by INTERPOL, titled the African Cyberthreat Assessment Report 2021 , sheds the light on cybercrime in Africa.

Cybercrime 76

Cybercrime Scams DDOS Banking 76

SecureWorld News

MAY 22, 2023

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.

Scams 82

Scams Password Management Passwords Authentication 82

Malwarebytes

AUGUST 7, 2022

Sadly this makes the subject valuable material for fraudsters, playing into people’s fears with a dash of social engineering to make them worse off than they were previously. Warnings abound of several energy / cost of living-themed scams doing the rounds. Energy refund scam types. Shall we take a look?

Scams 86

Scams Social Engineering Banking Phishing 86

Krebs on Security

OCTOBER 25, 2018

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. The FBI says BEC scams netted thieves more than $12 billion between 2013 and 2018.

Scams 191

Scams Accountability Media Banking 191

Malwarebytes

JUNE 23, 2022

Europol has coordinated a joint operation to arrest members of a cybercrime gang and effectively dismantle their campaigns that netted million in Euros. The group was involved in fraud, money laundering, phishing, and scams. Once recipients opened the link, they would be directed to a bogus bank website.

Phishing 102

Phishing Banking Cryptocurrency Scams 102

Krebs on Security

APRIL 30, 2020

These restrictions have created a burgeoning underground market for reshipping scams, which rely on willing or unwitting residents in the United States and Europe — derisively referred to as “ reshipping mules ” — to receive and relay high-dollar stolen goods to crooks living in the embargoed areas.

Cybercrime 317

Cybercrime Computers and Electronics Marketing Scams 317

CyberSecurity Insiders

OCTOBER 14, 2021

This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email. How do hackers use social engineering? How to spot their scam and protect yourself. OnePercent Group attacks. ” Conclusion.

Social Engineering 133

Social Engineering Ransomware Engineering Phishing 133

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. Kaspersky distinguishes several types of financial phishing: banking, payment system, and online store phishing.

Phishing 104

Phishing Banking Scams Retail 104

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). 70% of attacks were on banks. Social Tactics. billion in reported losses.

Social Engineering 117

Social Engineering Energy and Utilities Phishing Scams 117

SecureList

NOVEMBER 23, 2021

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. Cracking down hard on the cybercrime world. We might see certain economies crashing and local currencies plummeting, which would make Bitcoin theft a lot more attractive.

Cryptocurrency 110

Cryptocurrency Banking Cybercrime Ransomware 110

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. 24, Russia invades Ukraine, and fault lines quickly begin to appear in the cybercrime underground. com, which was fed by pig butchering scams. banks are stiffing account takeover victims.

Cryptocurrency 239

Cryptocurrency Cybercrime Computers and Electronics Scams 239

Malwarebytes

JULY 23, 2021

During their investigation the police received help from the threat intelligence firm Group-IB that specializes in investigating and preventing cybercrimes. When victims submit their banking credentials, the phishing site sends them to the web panel where the fraudster is waiting. Always go to your banking site directly.

Phishing 118

Phishing Banking Password Management Scams 118

Krebs on Security

AUGUST 19, 2020

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

Phishing 360

Phishing VPN Social Engineering Media 360

Identity IQ

FEBRUARY 7, 2023

One of the most common techniques used to exploit web users is the phishing scam. If successful, criminals can use this sensitive information to steal from the company or impersonate the executive to scam other company employees. Social Media Phishing. What is Phishing? Clone Phishing. Microsoft 365 Phishing.

Phishing 98

Phishing Identity Theft Scams Banking 98

Security Through Education

APRIL 7, 2021

” “Cybercrime apparently cost the world over $1 trillion in 2020.” The pandemic is providing the perfect cover for cybercrime, as can be seen in the alarming statistic from First Orion that criminals were able to get 270% more personal information in 2020 than in 2019 via vishing or phone scams. COVID-19 Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

BH Consulting

OCTOBER 6, 2022

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. Phishing and scam emails are – by some distance – the leading cause of ransomware infections, according to Statista. A message to you.

Security Awareness 52

Security Awareness Phishing Scams Social Engineering 52

Security Affairs

MAY 18, 2022

The increasing popularity of cryptocurrency is attracting cybercrime that is using different means to target the cryptocurrency industry. Another type of info stealer, this malware checks the user’s clipboard and steals banking information or other sensitive data a user copies. ClipBanker trojans.

Cryptocurrency 86

Cryptocurrency Social Engineering Malware Cybercrime 86

Security Affairs

APRIL 6, 2023

Newbies get a taste of what phishing tools can do, pull off their first scam and wish for more, which is when they will be offered paid content. “To attract larger audiences, scam operators advertise their services, promising to teach others how to phish for serious cash.” ” reads the post published by Kaspersky. .

Phishing 85

Phishing Scams Social Engineering Banking 85

Security Affairs

JUNE 20, 2020

The crooks exploited online tools and technology along with social engineering tactics to target the victims and steal usernames, passwords, and bank accounts. “Ogunshakin provided Uzuh and other co-conspirators with bank accounts that were used to receive fraudulent wire transfers. ” continues OFAC.

Social Engineering 76

Social Engineering Scams Small Business Banking 76

Identity IQ

DECEMBER 20, 2023

Businesses faced constant threats with phishing scams , malware , and other tactics. This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. But the numbers alone tell only part of the story.

Data breaches 66

Data breaches Identity Theft Cybercrime Social Engineering 66

CyberSecurity Insiders

JUNE 25, 2022

On 14th August 2019, the auto parts supplier was tricked into making a large fund transfer into the hackers’ bank account. These emails requested that the funds be sent into a specific bank account, which the hackers controlled. Social engineering. Phishing and spear-phishing are types of scams.

Cybersecurity 137

Cybersecurity Social Engineering Phishing Engineering 137

SC Magazine

JULY 9, 2021

Today’s columnist, Rob Shavell of Abine, points out that better employee training about deepfake technology can possibly stop the famous 2019 case where a UK executive was duped by phone into transferring $200,000+ to a Hungarian bank, but companies also need to do a better job of managing the personal information of employees.

Social Engineering 77

Social Engineering Scams Technology Phishing 77

SecureList

NOVEMBER 22, 2022

As the financial threat landscape has been dramatically evolving over the past few years, with the expansion of such activities as ransomware or cryptofraud, we believe it is no longer sufficient to look at the threats to traditional financial institutions (like banks), but rather assess financial threats as a whole.

Cryptocurrency 91

Cryptocurrency Mobile Ransomware Banking 91

SC Magazine

MAY 5, 2021

The FBI Internet Crime Complaint Center (IC3) in March released its 2020 Internet Crime Report with updated statistics on Business Email Compromise (BEC), Email Account Compromise (EAC), and COVID-19 scams. Organizations must navigate cybercrime at all times. The ever-present phishing challenge. Security pros know better.

Internet 53

Internet Internet Scams Cybercrime 53

Krebs on Security

FEBRUARY 25, 2021

Much of this fraud exploits weak authentication methods used by states that have long sought to verify applicants using static, widely available information such as Social Security numbers and birthdays. Many states also lacked the ability to tell when multiple payments were going to the same bank accounts. protections.

Scams 314

Scams Insurance DDOS Authentication 314

Security Affairs

NOVEMBER 4, 2019

Business email compromise scam (BEC) continues to target organizations worldwide, crooks stole $742,000 from Ocala City in Florida. The City of Ocala in Florida is the last victim in order of time of a profitable business email compromise scam (BEC) attack, fraudsters redirected over $742,000 to a bank account under their control.

Scams 45

Scams Banking Social Engineering Accountability 45

Webroot

JANUARY 7, 2022

The cybercrime marketplace also continued to get more robust while the barrier to entry for malicious actors continued to drop. This has created a perfect breeding ground for aspiring cybercriminals and organized cybercrime groups that support newcomers with venture capitalist-style funding. “In Ransomware. Cryptocurrency.

Cybercrime 105

Cybercrime Phishing Ransomware Cryptocurrency 105

Security Affairs

APRIL 6, 2023

Regarding Q1 2022, the phishing campaigns increased in reference to 2021 as a result of the research focused on the online stores’ scams that hit users worldwide. Also during Q1 of 2022 criminals have updated phishing templates targeting banking organizations in Portugal. of the total, in comparison with 31.1% in Q2 2022.

Threat Reports 76

Threat Reports Phishing Malware Banking 76

Security Affairs

JULY 4, 2022

Regarding Q1 2022, the phishing campaigns increased in reference to 2021 as a result of the research focused on the online stores’ scams that hits users worldwide. Also during Q1 of 2022 criminals have updated phishing templates targeting banking organizations in Portugal. of the total, in comparison with 6.9% in Q1 2022.

Threat Reports 75

Threat Reports Phishing Banking Malware 75

Identity IQ

MAY 7, 2021

Once they have access to an account with sufficient authority, cybercriminals can use that trusted email address to scam other companies into making fraudulent payments or just distribute malware en mass. Research by Verizon has shown that a third of all breaches in the past year involved phishing scams.

Accountability 105

Accountability Data breaches Passwords Social Engineering 105