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How Do You Fight a $12B Fraud Problem? One Scammer at a Time

Krebs on Security

The fraudsters behind the often laughable Nigerian prince email scams have long since branched out into far more serious and lucrative forms of fraud, including account takeovers, phishing, dating scams, and malware deployment. The FBI says BEC scams netted thieves more than $12 billion between 2013 and 2018.

Scams 242
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Privacy Roundup: Week 3 of Year 2025

Security Boulevard

Successful exploitation requires social engineering users into manipulating a specially crafted file. Phishing and Scams Covers popular phishing schemes affecting end users - smishing, vishing, and any new scam/phish. These probably don't affect most users reading this. CVE-2025-21308.

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Virtual kidnapping scam strikes again. Spot the signs

Malwarebytes

Warnings abound of a major new piece of fraud doing the rounds which uses your relative’s voice as part of a blackmail scam. The tale is retold by a Tik-Tok user who fell for the scam tactic , who says: "New scam alert. I usually don’t fall for scams but they got me.". Scams go around, come around.

Scams 98
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MY TAKE: What NortonLifeLock’s $8 billion buyout of Avast portends for consumer security

The Last Watchdog

Norton got ‘ demergered ’ from Symantec in 2014 and then acquired LifeLock for $2.3 In addition, even simple training or quizzes on how to spot a phishing attack will help individuals to avoid being caught up in a scam or a potential attack. A lot of water has flowed under the bridge since then. billion in 2016, for instance.

Antivirus 223
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New Coronavirus-themed malspam campaign delivers FormBook Malware

Security Affairs

See Using Caution with Email Attachments and Avoiding Social Engineering and Phishing Scams for more information. Review the Federal Trade Commission’s page on Charity Scams for more information. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. Pierluigi Paganini.

Malware 145
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Malvertising campaign on PornHub and other top adult brands exposes users to tech support scams

Malwarebytes

Threat actors involved in tech support scams have been running a browser locker campaign from November 2020 until February 2021 on the world’s largest adult platforms including PornHub. In all, we detected close to 100 decoy domain names set up as “advertising landing pages” used to redirect victims to browser locker scams.

Scams 101
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U.S. authorities sanction six Nigerian nationals for BEC and Romance Fraud

Security Affairs

The crooks exploited online tools and technology along with social engineering tactics to target the victims and steal usernames, passwords, and bank accounts. Okpoh, Benson and Kayode conducted romance scams and were involved in money laundering along with Uzuh. Pierluigi Paganini. SecurityAffairs – hacking, cybercrime).

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