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FTC: Americans lost $1.1 billion to impersonation scams in 2023

Bleeping Computer

Impersonation scams in the U.S. billion in losses last year, according to statistics collected by the Federal Trade Commission (FTC), a figure that is three times higher than in 2020. [.] exceeded $1.1

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Almost $2 billion lost to BEC scams in 2020

We Live Security

Nearly half of reported cybercrime losses in 2020 were the result of BEC fraud, according to an FBI report. The post Almost $2 billion lost to BEC scams in 2020 appeared first on WeLiveSecurity.

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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. In May 2020, Zipper told another Lolzteam member that quot[.]pw

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Romance scams in 2020: Breaking hearts, wallets – and records

We Live Security

As dating apps experience a boom amid COVID-19, losses to romance scams soar too. The post Romance scams in 2020: Breaking hearts, wallets – and records appeared first on WeLiveSecurity.

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2020 Likely To Break Records for Breaches

Adam Levin

2020 is on the path to becoming a record-breaking year for data breaches and compromised personal data. billion records have already been exposed, and that’s only accounting for the first quarter of 2020. The post 2020 Likely To Break Records for Breaches appeared first on Adam Levin.

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Tech Support Scams Inflicted Nearly $150 Million in Losses in 2020, IC3 Reveals

Hot for Security

Despite newly created opportunities for fraudsters to rip-off unsuspecting citizens during the ongoing pandemic, tech support scams inflicted nearly $150 million in reported losses in 2020. While individuals in any age category may fall for these scams, 66 percent of victims are over 60 years of age, the report shows.

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Cannabis investment scam JuicyFields ends in 9 arrests

Malwarebytes

Europol and its associates have arrested 9 people in conjunction with a cannabis investment scam known as “JuicyFields” The suspects used social media to lure investors to their website. This came from 186,000 people who transferred funds into the scheme between early 2020 to July 2022. Acting on cold calls.

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