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FBI: Investment Scams Surpass BEC as Most Costly Cybercrime

SecureWorld News

Now the important question: how many of you got scammed in some sort of way by cryptocurrency or another type of investment? The FBI's Internet Crime Complaint Center (IC3) has released its 2022 Internet Crime Report , which reveals the trends and impacts of cybercrime in the United States. According to the U.S.

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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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Hong Kong Clerk Defrauded of $25 Million in Sophisticated Deepfake Scam

SecureWorld News

As artificial intelligence continues advancing at a rapid pace, criminals are increasingly using AI capabilities to carry out sophisticated scams and attacks. Technologies that synthesize realistic fake media, known as deepfakes, are among the newest tools being deployed to enable fraud.

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Main phishing and scamming trends and techniques

SecureList

There are two main types of online fraud aimed at stealing user data and money: phishing and scams. The history of scams and phishing. The term “phishing” was coined back in 1996, when cybercriminals attacked users of America Online (AOL), the largest internet provider at that time.

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Arrest, Raids Tied to ‘U-Admin’ Phishing Kit

Krebs on Security

Cyber cops in Ukraine carried out an arrest and several raids last week in connection with the author of a U-Admin , a software package used to administer what’s being called “one of the world’s largest phishing services.” The U-Admin phishing panel interface. Image: fr3d.hk/blog. ” U-Admin, a.k.a.

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FBI: Cybercrime skyrocketed in 2020, with email compromise scams accounting for 43% of losses

SC Magazine

The FBI’s Internet Crime Complaint Center (IC3) released its annual report Wednesday, showing a sharp increase in cybercrime, both in quantity and cost in 2020. One was the emergence of COVID-19 themed phishing targeting both organizations and individuals. Vendors had warned about the rise of COVID-19 scams throughout 2020.

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What is Phishing?

Identity IQ

What is Phishing? One of the most common techniques used to exploit web users is the phishing scam. This article will cover what phishing is, cybercriminals’ different approaches, and how to prevent yourself from becoming a victim. What is Phishing? How Does Phishing Work? Spear Phishing.