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Cybercrime: Rising Concern to Cyber World

Security Boulevard

As per an article by The Hindu, 50,035 cases of cybercrime were reported in 2020, 11.8% more than in 2019 while 60.2% of cybercrimes were of fraud. The post Cybercrime: Rising Concern to Cyber World appeared first on Kratikal Blogs. The post Cybercrime: Rising Concern to Cyber World appeared first on Kratikal Blogs.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

That's because Ghaleb Alaumary motivated teams of criminals to commit cybercrime, financial crime, and to collectively steal tens of millions of dollars. Cybercrime ringleader confesses to conspiracies. Business email compromise scheme and social engineering. Social engineering—in person—was the next part of the scheme.

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An odd kind of cybercrime: Gift vouchers, medical records, and.food

Malwarebytes

According to Brighton and Hove news , his spree began in 2019 with the initial purchase of a laptop from Amazon, bought with “fake Honey gift vouchers” I would love to know more about how this initial foray into system compromise worked, as one would imagine purchasing anything with fake vouchers would be a bit of a tall order.

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State of Cybercrime 2020: FBI Report

SecureWorld News

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

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BEST PRACTICES: Mock attacks help local agencies, schools prepare for targeted cyber scams

The Last Watchdog

This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. BEC campaigns accounted for an estimated $26 billion in cybercrime-related losses reported to the FBI over a three year period. These are soft targets,” he says. It’s simple fraud.”

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Operation Falcon: Group-IB helps INTERPOL identify Nigerian BEC ring members

Security Affairs

Group-IB supported an INTERPOL-led operation Falcon targeting business email compromise cybercrime gang from Nigeria, dubbed TMT. Group-IB , a global threat hunting and intelligence company, supported an INTERPOL-led operation Falcon targeting business email compromise (BEC) cybercrime gang from Nigeria, dubbed TMT by Group-IB.

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Dridex targets MacOS users with a new delivery technique

Security Affairs

The banking malware is believed to be operated by the cybercrime gang known as Evil Corp. The earliest sample analyzed by Trend Micro was submitted to VirusTotal in April 2019, while the most recent one is dated December 2022. ” concludes the report.

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