Remove 2011 Remove Cybercrime Remove Internet Remove Social Engineering
article thumbnail

News alert: Reken raises $10M from Greycroft to protect against generative AI-enabled fraud

The Last Watchdog

The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats, such as deepfake social engineering and autonomous fraud. While billions have been spent on security products, the impact of cybercrime has actually been getting worse.

article thumbnail

The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

Cybercrime is a growth industry like no other. According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. Phishing complaints were reported over 300,000 times in 2021 to IC3, the only Internet crime to crack 100,000+ complaints.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Microsoft: Slow MFA adoption presents “dangerous mismatch” in security

Malwarebytes

Other cybercrimes that specifically target accounts are spear phishing, social engineering attacks, and password sprays —basic password attack tactics that nation-states carry out against target companies and governments. Microsoft is not the only company to reveal that internet users have been reluctant to adopt MFA.

article thumbnail

Copycat Criminals mimicking Lockbit gang in northern Europe

Security Affairs

The recent Hive infrastructure takedown as well as other major gangs dissolution such as Conti in 2022, is making room in the cybercrime business The Lockbit locker leaked a few months ago in the underground, is increasing its popularity and adoption among micro-criminal actors.

article thumbnail

The Origins and History of the Dark Web

Identity IQ

The Origins and History of the Dark Web IdentityIQ The dark web is a hidden part of the internet that cannot be accessed as easily. The dark web consists of websites and services that operate anonymously and aren’t accessible in the “public” part of the internet. The deep web is far and away the largest part of the internet.

article thumbnail

Confessions of an ID Theft Kingpin, Part I

Krebs on Security

For several years beginning around 2010, a lone teenager in Vietnam named Hieu Minh Ngo ran one of the Internet’s most profitable and popular services for selling “ fullz ,” stolen identity records that included a consumer’s name, date of birth, Social Security number and email and physical address.

article thumbnail

SHARED INTEL: How ransomware evolved from consumer trickery to deep enterprise hacks

The Last Watchdog

The above-mentioned AIDS Trojan hailing from the distant pre-Internet era was the progenitor of the trend, but its real-world impact was close to zero. Forward outlook Ransomware is a dynamic and increasingly hybrid segment of cybercrime. pharma giant ExecuPharm.