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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 can easily phish your multi-factor authentication codes. Here’s how to avoid it

Malwarebytes

But as security evolves, so do cybercriminals who are always looking for new ways to scam us. A type of phishing we’re calling authentication-in-the-middle is showing up in online media. Victims are lured to phishing sites like these via links from social media or emails where it can be hard to identify the real link.

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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. A Google-translated version of the now-defunct Coinbase phishing site, coinbase.com.password-reset[.]com. The Coinbase phishing panel.

Passwords 349
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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. In the case of Zelle scams, the answer is yes.

Banking 268
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How to Identify and Avoid Holiday Phishing Scams

Identity IQ

How to Identify and Avoid Holiday Phishing Scams IdentityIQ The holiday season brings joy, celebrations, and… a surge in online scams. Holiday phishing scams are an ongoing issue that ramps up when folks are feeling the most festive. What Is a Phishing Scam? How Does Phishing Work? Their goal?

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Phishing scam takes $950k from DoorDash drivers

Malwarebytes

A particularly nasty slice of phishing, scamming, and social engineering is responsible for DoorDash drivers losing a group total of around $950k. A 21 year old man named David Smith, from Connecticut, allegedly figured out a way to extract large quantities of cash from drivers with a scam stretching back to 2020.

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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.