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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

But experts say these groups are now directly targeting customers of international financial institutions, while dramatically expanding their cybercrime infrastructure and support staff. The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS.

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U.S. Sanctions Cloud Provider ‘Funnull’ as Top Source of ‘Pig Butchering’ Scams

Krebs on Security

a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams known as pig butchering.” ” The Treasury Department said Funnull’s operations are linked to the majority of virtual currency investment scam websites reported to the FBI.

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How and where to report an online scam

Malwarebytes

If you’ve been scammed it’s really important to report it, if you can, in order to help prevent others falling for the same scam, and give authorities a chance to catch the criminal who did it. Notify your bank or credit card company: Inform them about the fraud in order to freeze accounts or reverse charges where possible.

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Europol dismantles €460M crypto scam targeting 5,000 victims worldwide

Security Affairs

Europol busted a crypto scam ring that laundered €460M from 5,000+ victims. Europol has taken down a massive cryptocurrency fraud ring that scammed over 5,000 people worldwide, laundering around €460 million ($540 million). Operation Borrelli involved Spain, the U.S., France, and Estonia. The investigation is ongoing.”

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Cybercrime Soars: FBI's 2024 Report Reveals $16.6 Billion in Losses

SecureWorld News

The FBI's Internet Crime Complaint Center (IC3) has released its 2024 Internet Crime Report, marking a record-breaking year in cybercrime. This demographic was frequently targeted by tech support scams, romance scams, and crypto investment frauds. domestic bank to finalize the closing. billion in losses.

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Romantic Lawsuit for Two? Don't Let Cybercriminals Scam You this Valentine's Day

SecureWorld News

Last year saw a 110% rise in cybercrime in the lead up to Valentine's Day. Be wary of romance scams "People can be vulnerable on February 14th," said Dave Machin , Partner at The Berkeley Partnership. "If Verify charities before donating Scam emails and messages impersonating charities are common. "For

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Crazy Evil gang runs over 10 highly specialized social media scams

Security Affairs

The Russian-speaking Crazy Evil group runs over 10 social media scams, tricking victims into installing StealC, AMOS, and Angel Drainer malware. Security experts identified six Crazy Evil’s subteams, called AVLAND, TYPED, DELAND, ZOOMLAND, DEFI, and KEVLAND, which are running targeted scams for specific victim profiles.

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