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Water Labbu Abuses Malicious DApps to Steal Cryptocurrency

Trend Micro

The parasitic Water Labbu capitalizes on the social engineering schemes of other scammers, injecting malicious JavaScript code into their malicious decentralized application websites to steal cryptocurrency.

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North Korea steals $400m cryptocurrency through Cyber Attacks

CyberSecurity Insiders

North Korea, the nation that is being led by Kim Jong UN is back into news headlines for stealing cryptocurrency worth millions through cyber attacks. The post North Korea steals $400m cryptocurrency through Cyber Attacks appeared first on Cybersecurity Insiders.

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Cinobi Banking Trojan Targets Cryptocurrency Exchange Users via Malvertising

Trend Micro

We found a new social engineering-based malvertising campaign targeting Japan that delivered a malicious application. The malicious application abused sideloading vulnerabilities to load and start the Cinobi banking trojan.

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DOJ charges 12 more in $263 million crypto fraud takedown where money was hidden in squishmallow stuffed animals

Graham Cluley

US authorities have charged a group accused of stealing $263 million in cryptocurrency - and then laundering the cash by stuffing it into Squishmallows. Read more in my article on the Hot for Security blog. Crypto fraud meets cuddly toys!

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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. Social engineering scams leverage psychological manipulation to deceive individuals and exploit the victims’ trust.

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Threat Actors Merging Malicious Activity With Cryptocurrency Show How the Attack Landscape is Developing in Decentralized Finance

Security Boulevard

Current threat actor activity is incentivized by a broad attack surface represented through high volumes of users and systems, and high potential profits represented through the variety of cryptocurrency offerings. It is easy to detect and block things like malicious cryptocurrency apps or crypto-phishing websites.

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Been scammed online? Here’s what to do

Malwarebytes

Scammers are getting better at social engineering and are using Artificial Intelligence (AI) to sound more authentic and eliminate any spelling errors. Never fall for people that claim they can recover payments in cryptocurrencies. For more details, see our article on how to report online scams.

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