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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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Store manager admits SIM swapping his customers

Malwarebytes

Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts. SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. Katz pleaded guilty before Chief U.S.

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Feds Break Up Major SIM-Hijacking Ring

Adam Levin

million worth of wire fraud and identity theft. The hacking group, called “The Community” primarily used social engineering (trickery) and SIM card hijacking to steal funds and cryptocurrency from their victims. Members of The Community face charges of wire fraud and aggravated identity theft.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance.

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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

By applying high-pressure tactics and the promise of expedited payments, scammers have managed to dupe recipients into providing their personal information and bank account numbers or paying a small “processing fees.” ” The latest Bitdefender telemetry shows that coronavirus-fueled scams are still going strong.

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The Origins and History of the Dark Web

Identity IQ

Transactions on the dark web are typically conducted using cryptocurrencies such as Bitcoin to maintain anonymity. The deep web is also made up of content that is not indexed by search engines and requires a login to access. The dark web is similar in that it can’t be found by search engines, but that is where the similarities end.

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How to Spot a Fake Robinhood Email

SecureWorld News

Robinhood is an increasingly popular trading app where you can buy and sell stocks, as well as cryptocurrency. Phishing attempts come via email where scammers use different social engineering tactics to pose as a reputable sender like the IRS, your bank or brokerage firm. How to spot phishing emails.