Remove Authentication Remove Cryptocurrency Remove Identity Theft Remove Social Engineering
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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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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. Once authenticated, the mobile phone number of the target victim is moved to the criminal’s phone.

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Store manager admits SIM swapping his customers

Malwarebytes

For that reason, SIM swapping can be used to get around two-factor authentication (2FA) codes sent by SMS message. 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. He was paid in Bitcoin, which was traced back to Katz’s cryptocurrency account.

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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. The missives asked users to click a link and log in at a phishing page that mimicked their employer’s Okta authentication page. 9, 2024, U.S.

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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.

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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. Transactions on the dark web are often carried out with Bitcoin or other cryptocurrencies, which are unregulated and difficult to trace back to the user. Turn on multifactor authentication for all online accounts.

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Australia Recorded the Highest Rate of iOS & Android App Threats

Appknox

Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. Cryptocurrency and NFT attacks are rising as decentralized finance, and digital art assets become sophisticated socially engineered threats. Common Trends Among the Australian Mobile Threats.