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Scammers can easily phish your multi-factor authentication codes. Here’s how to avoid it

Malwarebytes

More and more websites and services are making multi-factor-authentication (MFA) mandatory, which makes it much harder for cybercriminals to access your accounts. But as security evolves, so do cybercriminals who are always looking for new ways to scam us. That’s a great thing. The user is then prompted for their MFA step.

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GUEST ESSAY: Lessons to be learned from the waves of BofA phone number spoofing scams

The Last Watchdog

Phone number spoofing involves manipulating caller ID displays to mimic legitimate phone numbers, giving scammers a deceptive veil of authenticity. Related: The rise of ‘SMS toll fraud’ The Bank of America scam serves as a prime example of how criminals exploit this technique.

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Would You Have Fallen for This Phone Scam?

Krebs on Security

You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. In that episode, the people impersonating his bank not only spoofed the bank’s real phone number, but they were also pretending to be him in a separate call at the same time with his bank.

Scams 359
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When Bank Communication is Indistinguishable from Phishing Attacks

Troy Hunt

You know how banks really, really want to avoid their customers falling victim to phishing scams? And how they put a heap of effort into education to warn folks about the hallmarks of phishing scams? And how banks are the shining beacons of light when it comes to demonstrating security best practices? Yeah, right.

Banking 240
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50 Ways to Avoid Getting Scammed on Black Friday

Adam Levin

Here are 50 ways to avoid getting scammed on Black Friday — and beyond. Credit cards offer markedly better fraud protections than debit cards , which connect directly to your bank account. Virtual credit cards similarly allow online shoppers to mask their financial accounts. Vary login credentials across accounts.

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The Growing Threat of Google Voice Scams

Identity IQ

The Growing Threat of Google Voice Scams IdentityIQ Imagine this: You’re eagerly selling an antique dresser on Facebook Marketplace and a prospective buyer communicates interest in it. However, they express concern that you may be trying to scam them. What is a Google Voice Scam? What is Google Voice? phone number.

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MY TAKE: Account hijackers follow small banks, credit unions over to mobile banking apps

The Last Watchdog

Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. Related: OneSpan’s rebranding launch. Key takeaways: Shifting risks.

Banking 147