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Phishing scam takes $950k from DoorDash drivers

Malwarebytes

A particularly nasty slice of phishing, scamming, and social engineering is responsible for DoorDash drivers losing a group total of around $950k. A 21 year old man named David Smith, from Connecticut, allegedly figured out a way to extract large quantities of cash from drivers with a scam stretching back to 2020.

Scams 88
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What Are Social Engineering Scams?

Identity IQ

What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. In this scheme, scammers gain unauthorized access to a victim’s account and exploit it for malicious purposes. Hi, Please, can you help me?

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Hackers Intercept USPS Workers' Paychecks in Direct Deposit Scam

SecureWorld News

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. And this is, sadly, an example of why both of those are so critical."

Scams 86
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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).

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When Accounts are "Hacked" Due to Poor Passwords, Victims Must Share the Blame

Troy Hunt

It's just another day on the internet when the news is full of headlines about accounts being hacked. The second story was about a number of verified Twitter accounts having been "hacked" and then leveraged in Bitcoin scams. And then there's the account holder, the one who chose the password.

Passwords 238
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Account Takeover: What is it and How to Prevent It?

Identity IQ

What is Account Takeover? Account takeover, also known as ATO, is a form of identity theft in which a malicious third party gains access to or “takes over” an online account. One of the primary reasons behind this massive rise in account takeover is the relative ease with which it can be done. Account Takeover Prevention.

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How to Detect and Respond to Account Misuse

Identity IQ

How to Detect and Respond to Account Misuse IdentityIQ As digital connectivity continues to grow, safeguarding your online accounts from misuse is becoming increasingly crucial. Account misuse can result in alarming repercussions, including privacy breaches, financial losses, and identity theft.