Krebs on Security

DECEMBER 29, 2020

With the ongoing disruption to life and livelihood wrought by the Covid-19 pandemic, 2020 has been a fairly horrid year by most accounts. Who’s Behind the ‘Web Listings’ Mail Scam? Would You Have Fallen for this Phone Scam? Thank you, Dear Readers, for your continued encouragement and support!

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Hot for Security

MARCH 24, 2021

Fraud losses climbed to $56 billion in 2020 and identity fraud scams accounted for a staggering $43 billion of that cost, according to a new report. Criminals instead opted to interact directly with their fraud victims via identity fraud scams, seeing that direct interaction yields better chances of success.

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Malwarebytes

MARCH 17, 2021

The so-called “mastermind” behind the 2020 Twitter hack that compromised the accounts of several celebrities and public figures—including President Barack Obama, Bill Gates, and Elon Musk—pleaded guilty to several charges on Tuesday in a Florida court. After the theft, Clark posted photos of himself on Instagram wearing a Rolex watch.

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Hacking Social Engineering Scams Accountability 82

Adam Levin

MARCH 16, 2020

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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Scams Identity Theft Phishing Accountability 130

SC Magazine

APRIL 8, 2021

No wonder scam artists are taking notice and jumping on the bandwagon. But in other cases they are attempting to trick users into inputting their account credentials or credit card data, allowing the perpetrators to steal their valuable information. billion in 2020. “We

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Scams Cryptocurrency Phishing Marketing 137

Krebs on Security

APRIL 6, 2022

The smash-and-grab attacks by LAPSUS$ obscure some of the group’s less public activities, which according to Microsoft include targeting individual user accounts at cryptocurrency exchanges to drain crypto holdings. The flash scam netted the perpetrators more than $100,000 in the ensuing hours.

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The Last Watchdog

APRIL 6, 2020

CEO Colin Bastable at RSA 2020. This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. The total stolen: $2.3

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Krebs on Security

AUGUST 19, 2021

“According to this actor, he had originally intended to send his targets—all senior-level executives—phishing emails to compromise their accounts, but after that was unsuccessful, he pivoted to this ransomware pretext,” Hassold wrote. billion in 2020. billion in 2020. Image: FBI. DON’T QUIT YOUR DAY JOB.

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SecureWorld News

MARCH 22, 2021

Here is the report's opening paragraph: "In 2020, while the American public was focused on protecting our families from a global pandemic and helping others in need, cyber criminals took advantage of an opportunity to profit from our dependence on technology to go on an Internet crime spree. Business Email Compromise 2020.

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Cybercrime Scams Banking Accountability 55

SecureList

JULY 11, 2022

E-mail scammers typically combine social engineering with technical skills to bypass spam filters and persuade the recipient to reply. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams.

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Security Through Education

NOVEMBER 9, 2021

An Fbi.gov article states that, “while these scams can happen at any time, they are especially prevalent after high-profile disasters. Charity Fraud Scam Vectors and Social Engineering Techniques. Some of these include phishing, vishing , social media, and crowdfunding platforms. In short, the campaign was a scam.

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Hot for Security

MARCH 19, 2021

According to the report , in 2020 the IC3 received 19,369 business email compromise (BEC) / email account compromise (EAC) complaints “with adjusted losses of over $1.8 BEC/EAC is a sophisticated scam targeting both businesses and individuals performing transfers of funds,” the bureau’s cyber squad explains. million in 2020.

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Ransomware Identity Theft Scams Social Engineering 87

The Last Watchdog

APRIL 14, 2022

The CFO commonly carries out such tasks and arranges a wire transfer using the account information provided on the invoice. In actuality, the request is coming from a BEC fraud ring, and the payment details direct the funds to an account controlled by the attackers. billion in annual losses during 2020, resulting from 19,369 incidents.

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SecureList

MARCH 1, 2021

In 2020, Kaspersky mobile products and technologies detected: 5,683,694 malicious installation packages, 156,710 new mobile banking Trojans, 20,708 new mobile ransomware Trojans. It just so happened that the year 2020 gave hackers a large number of powerful news topics, with the COVID-19 pandemic as the biggest of these.

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Malwarebytes

DECEMBER 23, 2021

Criminals could use the leaked data to make social engineering attacks more believable, so Hellmann is asking people that do business with it to look out for fraudulent mails and calls. The RansomExx ransomware is a rebranded Defray777 ransomware, which has become a lot more active since June 2020. Malwarebytes blocks RansomExx.

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Hot for Security

MARCH 17, 2021

Hacker exploited access to Twitter’s internal tools to post scam from high profile accounts Elon Musk, Joe Biden, Barack Obama, Apple, and Uber amongst accounts exploited. Clark, who was 17 years old at the time, is said to have managed to raise Bitcoin worth over $117,000 through the scam. He has already served 7.5

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SC Magazine

MAY 5, 2021

Today’s columnist, Brian Johnson of Armorblox, offers five takeaways from the FBI’s 2020 Internet Crime Report. The FBI Internet Crime Complaint Center (IC3) in March released its 2020 Internet Crime Report with updated statistics on Business Email Compromise (BEC), Email Account Compromise (EAC), and COVID-19 scams.

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SecureList

AUGUST 23, 2021

billion USD in 2021, which is slightly less than the total revenue in 2020 but still significantly above the pre-pandemic figures. This rapid growth owes a lot to the surge in mobile gaming and focus on social interaction during the pandemic. Analysts predict that mobile gaming will account for $90.7

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Krebs on Security

JANUARY 30, 2024

In each attack, the victims saw their email and financial accounts compromised after suffering an unauthorized SIM-swap, wherein attackers transferred each victim’s mobile phone number to a new device that they controlled. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug. On July 28 and again on Aug.

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SecureList

NOVEMBER 22, 2021

Case in point: we’re already seeing scams targeting World Cup fans more than a year out from the event. Furthermore, we analyzed financial malware associated with major e-commerce platforms detected during the period from January 2020 to November 2021. million in 2020 to 10 million in 2021. and entertainment (eg.

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Krebs on Security

JULY 22, 2020

These individuals said they were only customers of the person who had access to Twitter’s internal employee tools, and were not responsible for the actual intrusion or bitcoin scams that took place that day. ever so anxious” said he was 19 and lived in the south of England with his mother. They would take a cut from each transaction.”

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Security Through Education

OCTOBER 27, 2021

Expert Chris Hadnagy advises us, “Unless you’re in the security business or law enforcement, you won’t be familiar with every new scam that pops up. Social-Engineer, LLC saw an almost 350% increase in recognition of phishing emails when using a similar training platform in 2020.

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SecureWorld News

NOVEMBER 11, 2021

BEC or Email Account Compromise (EAC) was known as the $26 billion scam in 2019. billion in adjusted losses in 2020 and noted an increase in complaints, most likely tied to the work-from-home environment as a result of the pandemic. Understanding BEC scams. BEC is a sophisticated scam with multiple victims.

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CyberSecurity Insiders

JULY 21, 2021

This means companies have to be proactive and instill the right habits, which often means resisting the bad habits that lead to millions of successful cyberattacks every year – from the use of generic and easy-to-crack account credentials to the willingness to click on suspicious links and attachments in emails from untrusted sources.

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eSecurity Planet

SEPTEMBER 14, 2022

billion in reported losses, up from 2020’s 791,790 complaints and $4.2 To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. billion in reported losses. of cyber attacks IBM handled.

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Security Boulevard

APRIL 23, 2021

Google noted a more than 600% spike in phishing attacks in 2020 compared to 2019 with a total of 2,145,013 phishing sites registered as of January 17, 2021, up from 1,690,000 on Jan 19, 2020. Phishing attacks account for more than 80% of reported security incidents. So did the 2020 Twitter hack. Spear Phishing.

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Phishing Scams Media Backups 101

Security Through Education

MARCH 3, 2021

According to Forbes , Cyber intelligence firm CYFIRMA, revealed cyberthreats related to coronavirus shot up 600% from February to March of 2020. However, they often overlook the role of social engineering in cyber security. Bad actors manipulate these following 4 emotions the most in social engineering attacks.

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Krebs on Security

FEBRUARY 25, 2021

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. A new report (PDF) from the Labor Department’s Office of Inspector General (OIG) found that from March through October of 2020, some $3.5

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Malwarebytes

MAY 3, 2022

A real world scam which sucks the fun out of craft fairs has caused nothing but stress for victims. This isn’t an isolated case; this specific scam targeted people all across the UK. How does this fake vendor fair scam work? The really interesting thing about all this is that fake fair scams aren’t some weird anomaly.

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Security Through Education

APRIL 7, 2021

In fact, the FBI’s (Federal Bureau of Investigation) 2020 Internet Crime Report , refers to what is happening as an “ Internet crime spree.” billion people were active internet users as of October 2020. “Mobile phishing increases more than 300% as 2020 chaos continues.” COVID-19 Scams.

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CyberSecurity Insiders

JUNE 25, 2022

In March 2020, nation-state hackers believed to be from Russia compromised a DLL file linked to a software update for the Orion platform by SolarWinds. The attack wasn’t discovered until December 2020. On 14th August 2019, the auto parts supplier was tricked into making a large fund transfer into the hackers’ bank account.

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SC Magazine

JUNE 24, 2021

A new blog post report has shone a light on the malicious practice known as voice phishing or vishing – a social engineering tactic that some cyber experts say has only grown in prominence since COVID-19 forced employees to work from home. According to Iyer, it’s relatively easy and cheap for cybercriminals set up this kind of scam. “

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Malwarebytes

FEBRUARY 1, 2023

The danger zone If you made an online purchase from some of the companies that are owned by JD Sports between November 2018 and October 2020, your data may have been accessed by individuals who didn't have permission to do so. Fake parcels and deliveries, in particular, are wonderfully sneaky scam tactics and very successful.

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Krebs on Security

AUGUST 30, 2022

On July 20, the attackers turned their sights on internet infrastructure giant Cloudflare.com , and the intercepted credentials show at least five employees fell for the scam (although only two employees also provided the crucial one-time MFA code). Image: Cloudflare.com. On that last date, Twilio disclosed that on Aug. According to an Aug.

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Mobile Phishing Authentication Accountability 291

Hot for Security

APRIL 5, 2021

The leaked data includes phone numbers, Facebook IDs, full names, location, past location, date of birth, account creation data, relationship status, bio and some email addresses. In 2020, customers who had already endured the fallout from the breach were targeted once again, in new blackmail campaigns. What type of data was leaked?

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Security Affairs

JULY 24, 2020

Twitter confirmed that hackers accessed the direct message (DM) inboxes of some of the accounts that were recently compromised. Last week, the social media giant Twitter revealed that hackers compromised 130 accounts in the attack that took place on July 15 and downloaded data from eight of them. ” wrote Krebs.

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IT Security Guru

AUGUST 9, 2023

Twitter Bitcoin Scam In July of 2020, a number of high-profile celebrity and brand accounts tweeted out messages stating that all Bitcoin sent to their wallets for a period of time would be returned twofold—if someone sent $1000, they would receive $2000 back. Losses from this incident totaled hundreds of thousands of dollars.

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