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Insurance scams via QR codes: how to recognise and defend yourself

Security Affairs

Threat actors can abuse QR codes to carry out sophisticated scams, as reported by the Italian Postal Police in its recent alert. However, they can also hide scams, as denounced by the Italian Postal Police in its recent alert. However, they can also hide scams, as denounced by the Italian Postal Police in its recent alert.

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Action Fraud Warns of Ongoing UK National Insurance Scam

Hot for Security

The UK’s National Fraud & Cyber Crime Reporting Center (Action Fraud) is warning citizens about a National Insurance scam targeting their personally identifiable information (PII). How the scam works. If you suspect you’ve fallen a victim to any such scams, don’t panic.

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How a business email compromise scam spoofed the CFO of a major corporation

Tech Republic Security

In a scam analyzed by Avanan, the victim received an email claiming to be from the CFO directing them to make a payment to their insurance company. The post How a business email compromise scam spoofed the CFO of a major corporation appeared first on TechRepublic.

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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

What follows is a deep dive into how this increasingly clever Zelle fraud scam typically works, and what victims can do about it. Last week’s story warned that scammers are blasting out text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

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HardBit ransomware demands ransom based on insurance cover

CyberSecurity Insiders

But now a new file encrypting malware variant has emerged onto the block that demands ransom, based on the insurance cover. ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom.

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U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

Krebs on Security

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service. Treasury hundreds of millions of dollars in revenue each year.

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What is a Gift Card Draining Scam?

Identity IQ

What is a Gift Card Draining Scam? IdentityIQ If you gave or received a gift card this holiday season, you should be aware of gift card draining scams that can turn your gift into a disappointment. A card draining scam, also known as gift card draining, is a tactic criminals use to steal the money loaded onto gift cards.

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