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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 262
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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. “After we figured out what was going on, we were left asking ourselves how the crooks had obtained her last three transactions without breaking into her account online. .

Scams 358
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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.

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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8 Common Identity Theft Scams

Identity IQ

Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. If you’re aware of the most common identity theft scams, you can take simple actions to eliminate some of your vulnerabilities. They take over accounts that you have already established. Child Identity Theft.

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Resecurity identified the investment scam network ‘Digital Smoke’

Security Affairs

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

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Who’s Behind the ‘Web Listings’ Mail Scam?

Krebs on Security

after receiving what looked like a bill for search engine optimization (SEO) services rendered on behalf of their domain names. The story concluded that this dubious service had been scamming people and companies for more than a decade, and promised a Part II to explore who was behind Web Listings.

Scams 257