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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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Cryptocurrencies and cybercrime: A critical intermingling

Security Affairs

As cryptocurrencies have grown in popularity, there has also been growing concern about cybercrime involvement in this sector Cryptocurrencies have revolutionized the financial world, offering new investment opportunities and decentralized transactions.

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The law enforcement operations targeting cybercrime in 2023

Bleeping Computer

In 2023, we saw numerous law enforcement operations targeting cybercrime operations, including cryptocurrency scams, phishing attacks, credential theft, malware development, and ransomware attacks. [.]

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2023 FBI Internet Crime Report reported cybercrime losses reached $12.5 billion in 2023

Security Affairs

The FBI Internet Crime Complaint Center (IC3) 2023 report states that reported cybercrime losses reached $12.5 The 2023 Internet Crime Report published the FBI’s Internet Crime Complaint Center (IC3) reveals that reported cybercrime losses reached $12.5 billion in 2023. billion in 2023. billion in 2022 to $4.57 billion in losses.

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Nigerian Police dismantle cybercrime recruitment, mentoring hub

Bleeping Computer

The Nigerian Police Form has arrested six suspects and dismantled a mentoring hub linked to cybercrime activities, including business email compromise, romance, and investment scams. [.]

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Interview With a Crypto Scam Investment Spammer

Krebs on Security

Social networks are constantly battling inauthentic bot accounts that send direct messages to users promoting scam cryptocurrency investment platforms. ” One of the crypto investment scam messages promoted in the spam campaigns on Mastodon this month. “On Twitter, more spam and crypto scam.”

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Europol Dismantled a Cybercrime Ring Involved in Cryptocurrency Scams

Heimadal Security

Authorities from Bulgaria, Cyprus, Germany, and Serbia, with help from Europol and Eurojust, worked together to break up a cybercrime ring that was involved in online investment fraud. The post Europol Dismantled a Cybercrime Ring Involved in Cryptocurrency Scams appeared first on Heimdal Security Blog.