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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

consumers have their online bank accounts hijacked and plundered by hackers, U.S. financial institutions are legally obligated to reverse any unauthorized transactions as long as the victim reports the fraud in a timely manner. The first question asks, Did the request actually come from an authorized owner or signer on the account?

Banking 264
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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. Create long and strong passwords.

Scams 243
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Expect More Spam Calls and SIM-Card Scams: 400 Million Phone Numbers Exposed

Adam Levin

Some of the information out there was granular enough to allow a variety of scams, but the most serious is SIM-card swapping scams, where a criminal, armed with enough information about you, and most crucially your phone number, arranges to have your number moved to a phone in the criminal’s possession. . Monitor your accounts.

Scams 197
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Let’s Not Get Smished

Approachable Cyber Threats

They can also use text messages to entice victims to click on links in scams known as “smishing.” “OK, The word “smishing” has become a legitimate term that combines the words “Short Message Service (SMS)” and “ Phishing ”. So what do smishing scams look like?” But email isn't the only way hackers try to get your information.

Scams 98
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Marriott Breach: More than 500 Million Guest Affected

Adam Levin

The information compromised includes (but assume is not limited to): name, mailing address, phone number, email address, passport number, Starwood Preferred Guest account information, date of birth, gender, arrival and departure information, reservation date, and communication preferences. Monitor your accounts. Follow the three Ms: 1.

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Avoslocker ransomware gang targets US critical infrastructure

Security Affairs

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

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Billions of FBS Records Exposed in Online Trading Broker Data Leak

Security Affairs

comprised millions of confidential records including names, passwords, email addresses, passport numbers, national IDs, credit cards, financial transactions and more. Despite containing very sensitive financial data, the server was left open without any password protection or encryption. A German User’s Account.

Passwords 123