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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. . A DIRECT QUOT The domain quot[.]pw

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FBI: Cybercrime Accounted for $2.7B in Losses in 2018

The Security Ledger

billion to Internet-enabled theft, fraud and exploitation in 2018, with business e-mail compromise scams resulting in the highest of these financial losses, according to the FBI’s Internet Crime Complaint Center (IC3). The post FBI: Cybercrime Accounted for $2.7B in Losses in 2018 appeared first on The Security Ledger.

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Cybercrime Statistics in 2019

Security Affairs

I’m preparing the slides for my next speech and I decided to create this post while searching for interesting cybercrime statistics in 2020. Cybercrime will cost as much as $6 trillion annually by 2021. The global expense for organizations to protect their systems from cybercrime attacks will continue to grow.

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Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges. million from 158 Poloniex users, and $1.17

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You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. Taking into account unknowables, we’re talking about a ballpark cost of roughly $75,000 per BEC-related complaint. billion in BEC scam-related losses the year before.

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We Infiltrated a Counterfeit Check Ring! Now What?

Krebs on Security

A counterfeit check image [redacted] that was intended for a person helping this fraud gang print and mail phony checks tied to a raft of email-based scams. the “car wrap” scam ). A few days after the check is deposited, it gets invariably canceled by the organization whose bank account information was on the check.

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GUEST ESSAY: The Top 5 online privacy and data security threats faced by the elderly

The Last Watchdog

That said, here are what I consider to be the Top 5 online threats seniors face today: •Computer tech support scams. These scams take advantage of seniors’ lack of computer and cybersecurity knowledge. Once they get remote access, fraudsters hack confidential details of older adults and scam them. Romance Scam.