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Unmasking Crypto Scams: The Team Effort Behind the Con

Digital Shadows

Whether you’re a crypto-skeptic or a crypto-maximalist, it cannot be denied that the mostly unregulated cryptocurrency ecosystem is no stranger to fraud. To conduct attacks specifically linked to cryptocurrency, threat actors must usually cooperate within a web of associates—just like any other area of cyber crime.

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Elon Musk and Tesla-related BTC giveaway scams are back in season in a fraud combo

Hot for Security

While the ongoing pandemic and vaccination campaigns ushered in a new wave of creative scams, some malicious actors prefer to stick to old-fashioned scams that have proven efficient in the past. 79.72% of scam emails appear to be sent from IP addresses in Germany, targeting users in Europe and North America.

Scams 98
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Investment fraud a serious money maker for criminals

Malwarebytes

But first I want to share some more remarkable conclusions from the report: Charity scams that prey on concern about international conflicts and natural disasters are becoming more prevalent. The social engineering techniques used by fraudsters are growing in complexity.

Scams 89
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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams.

Scams 116
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Voice Phishers Targeting Corporate VPNs

Krebs on Security

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

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Pay it safe: Group-IB aids Paxful in repelling a series of web-bot attacks

Security Affairs

Group-IB assisted Paxful, an international peer-to-peer cryptocurrency marketplace, in countering web-bot and social engineering attacks. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->. Copyright (C) 2014 Media.net Advertising FZ-LLC All Rights Reserved -->. Pierluigi Paganini.

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Hacker stole $1m from Silicon Valley executive via SIM swap

Security Affairs

The man is suspected to have scammed more than six executives in the Bay Area. “Nicholas Truglia, 21, lifted the $1 million from Ross’ two cryptocurrency accounts, according to a felony complaint filed this month in California state court. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.