SecureList

MAY 6, 2024

A significant share of scam, phishing and malware attacks is about money. Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets.

Phishing 80

Phishing Banking Mobile Scams 80

SecureWorld News

DECEMBER 2, 2021

BEC attacks start because an actor steals information, then uses social engineering techniques to get the victim to transfer funds into a false account. Before the victim knows it, they have been conned into transferring their entire life's savings or some of their business's budget into a malicious hacker's bank account.

Cybercrime 82

Cybercrime Healthcare Social Engineering Banking 82

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. This includes fraudulent advertising on search engines, fake websites and posts on social media.

Scams 78

Scams Banking Cyber Insurance Phishing 78

Security Affairs

OCTOBER 30, 2021

INTERPOL published the African Cyberthreat Assessment Report 2021, a report that analyzes evolution of cybercrime in Africa. A new report published by INTERPOL, titled the African Cyberthreat Assessment Report 2021 , sheds the light on cybercrime in Africa.

Cybercrime 79

Cybercrime Scams DDOS Banking 79

SecureWorld News

MAY 22, 2023

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. This was a not an incredibly technical attack.

Scams 86

Scams Password Management Passwords Authentication 86

Malwarebytes

AUGUST 7, 2022

Sadly this makes the subject valuable material for fraudsters, playing into people’s fears with a dash of social engineering to make them worse off than they were previously. Warnings abound of several energy / cost of living-themed scams doing the rounds. Energy refund scam types. Shall we take a look?

Scams 83

Scams Social Engineering Banking Phishing 83

Malwarebytes

JUNE 23, 2022

Europol has coordinated a joint operation to arrest members of a cybercrime gang and effectively dismantle their campaigns that netted million in Euros. The group was involved in fraud, money laundering, phishing, and scams. Once recipients opened the link, they would be directed to a bogus bank website.

Phishing 100

Phishing Banking Cryptocurrency Scams 100

Krebs on Security

APRIL 30, 2020

These restrictions have created a burgeoning underground market for reshipping scams, which rely on willing or unwitting residents in the United States and Europe — derisively referred to as “ reshipping mules ” — to receive and relay high-dollar stolen goods to crooks living in the embargoed areas.

Cybercrime 308

Cybercrime Computers and Electronics Marketing Scams 308

CyberSecurity Insiders

OCTOBER 14, 2021

This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email. How do hackers use social engineering? How to spot their scam and protect yourself. OnePercent Group attacks. ” Conclusion.

Social Engineering 133

Social Engineering Ransomware Engineering Phishing 133

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

SecureList

NOVEMBER 23, 2022

The risk of being scammed runs even higher. While on ordinary days, the customer can easily see that if the product is too cheap, it is most likely a scam, during the Black Friday sales, it gets harder to tell. Kaspersky distinguishes several types of financial phishing: banking, payment system, and online store phishing.

Phishing 99

Phishing Banking Scams Retail 99

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). 70% of attacks were on banks. Social Tactics. billion in reported losses.

Social Engineering 118

Social Engineering Energy and Utilities Phishing Scams 118

Malwarebytes

JULY 23, 2021

During their investigation the police received help from the threat intelligence firm Group-IB that specializes in investigating and preventing cybercrimes. When victims submit their banking credentials, the phishing site sends them to the web panel where the fraudster is waiting. Always go to your banking site directly.

Phishing 116

Phishing Banking Password Management Scams 116

SecureList

NOVEMBER 23, 2021

The COVID-19 pandemic is likely to cause a massive wave of poverty, and that invariably translates into more people resorting to crime, including cybercrime. Cracking down hard on the cybercrime world. We might see certain economies crashing and local currencies plummeting, which would make Bitcoin theft a lot more attractive.

Cryptocurrency 104

Cryptocurrency Banking Cybercrime Ransomware 104

Identity IQ

FEBRUARY 7, 2023

One of the most common techniques used to exploit web users is the phishing scam. If successful, criminals can use this sensitive information to steal from the company or impersonate the executive to scam other company employees. Social Media Phishing. What is Phishing? Clone Phishing. Microsoft 365 Phishing.

Phishing 98

Phishing Identity Theft Scams Banking 98

Security Through Education

APRIL 7, 2021

” “Cybercrime apparently cost the world over $1 trillion in 2020.” The pandemic is providing the perfect cover for cybercrime, as can be seen in the alarming statistic from First Orion that criminals were able to get 270% more personal information in 2020 than in 2019 via vishing or phone scams. COVID-19 Scams.

Scams 92

Scams Computers and Electronics Insurance Social Engineering 92

Krebs on Security

AUGUST 19, 2020

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.

Phishing 357

Phishing VPN Social Engineering Media 357

BH Consulting

OCTOBER 6, 2022

Banks and insurance companies are telling customers to be wary of scam messages. Social engineering techniques, such as phishing, target not the systems but the people using them. Phishing and scam emails are – by some distance – the leading cause of ransomware infections, according to Statista. A message to you.

Security Awareness 52

Security Awareness Phishing Scams Social Engineering 52

Security Affairs

MAY 18, 2022

The increasing popularity of cryptocurrency is attracting cybercrime that is using different means to target the cryptocurrency industry. Another type of info stealer, this malware checks the user’s clipboard and steals banking information or other sensitive data a user copies. ClipBanker trojans.

Cryptocurrency 92

Cryptocurrency Social Engineering Malware Cybercrime 92

Security Affairs

APRIL 6, 2023

Newbies get a taste of what phishing tools can do, pull off their first scam and wish for more, which is when they will be offered paid content. “To attract larger audiences, scam operators advertise their services, promising to teach others how to phish for serious cash.” ” reads the post published by Kaspersky. .

Phishing 89

Phishing Scams Social Engineering Banking 89

Identity IQ

DECEMBER 20, 2023

Businesses faced constant threats with phishing scams , malware , and other tactics. This signals a new era of cybercrime where private data becomes prized currency, putting every email address and credit card number at risk. But the numbers alone tell only part of the story.

Data breaches 72

Data breaches Identity Theft Cybercrime Social Engineering 72

SC Magazine

JULY 9, 2021

Today’s columnist, Rob Shavell of Abine, points out that better employee training about deepfake technology can possibly stop the famous 2019 case where a UK executive was duped by phone into transferring $200,000+ to a Hungarian bank, but companies also need to do a better job of managing the personal information of employees.

Social Engineering 77

Social Engineering Scams Technology Phishing 77

SecureList

NOVEMBER 22, 2022

As the financial threat landscape has been dramatically evolving over the past few years, with the expansion of such activities as ransomware or cryptofraud, we believe it is no longer sufficient to look at the threats to traditional financial institutions (like banks), but rather assess financial threats as a whole.

Cryptocurrency 87

Cryptocurrency Mobile Ransomware Banking 87

Security Affairs

NOVEMBER 4, 2019

Business email compromise scam (BEC) continues to target organizations worldwide, crooks stole $742,000 from Ocala City in Florida. The City of Ocala in Florida is the last victim in order of time of a profitable business email compromise scam (BEC) attack, fraudsters redirected over $742,000 to a bank account under their control.

Scams 46

Scams Banking Social Engineering Accountability 46

Identity IQ

MAY 7, 2021

Once they have access to an account with sufficient authority, cybercriminals can use that trusted email address to scam other companies into making fraudulent payments or just distribute malware en mass. Research by Verizon has shown that a third of all breaches in the past year involved phishing scams.

Accountability 105

Accountability Data breaches Passwords Social Engineering 105

Webroot

FEBRUARY 11, 2021

As we mentioned in a previous blog , hackers come in many forms, but their methods can generally be classified into three distinct types of cybercriminals: The Impersonator – Hackers that pretend to be others, often using social engineering and human psychology to trick users. Let’s look at a few primary examples.

Scams 108

Scams Phishing Firewall Social Engineering 108

SecureList

APRIL 5, 2023

Once a URL is entered, the bot will generate several scam links targeting users of the service. Archive with phishing kits posted in a Telegram scam channel Contents of a free phishing kit archive Phishers also share stolen personal data with their subscribers, tagging it with information on whether it was verified or not.

Phishing 114

Phishing Marketing Scams Accountability 114

SecureList

DECEMBER 6, 2022

There are two main types of online fraud aimed at stealing user data and money: phishing and scams. Phishers primarily seek to extract confidential information from victims, such as credentials or bank card details, while scammers deploy social engineering to persuade targets to transfer money on their own accord.

Scams 93

Scams Phishing Social Engineering Banking 93

Security Boulevard

FEBRUARY 24, 2021

When the pandemic struck, online bad actors took it as an opportunity to double-down on their attacks through ransomware, malware, and social engineering. Meanwhile, greater reliance on mobile devices for everything from managing our bank accounts to checking credit scores leaves fintech users more at-risk than ever.

Cybersecurity 105

Cybersecurity Artificial Intelligence Risk Cybercrime 105

Security Affairs

OCTOBER 10, 2018

As stated in Group-IB’s annual report “ Hi-Tech Crime Trends 2018 ” presented at the CyberCrimeCon18 conference, every month, 1-2 banks lose money as a result of cyber attacks, and the damage caused by one successful theft is, on average, $2 million. Considering this, banks need to rethink their approach to protection against cyber threats.

Cyber Attacks 83

Cyber Attacks Banking Cyber threats Phishing 83

Security Affairs

FEBRUARY 15, 2019

They profited from a scam, popular some time before, which sold “magic pills” — counterfeit drugs and dietary supplements purported to cure even serious chronic diseases. This scam’s elderly victims spent hundreds and thousands of dollars on the products, borrowing from friends and taking loans.

Banking 82

Banking Scams Social Engineering Advertising 82

Security Affairs

OCTOBER 20, 2020

Group-IB assisted Paxful, an international peer-to-peer cryptocurrency marketplace, in countering web-bot and social engineering attacks. The combination of advanced anti-fraud technologies and intelligence protects both banking and retail customers. million customers against possible attacks. About Group-IB.

Cryptocurrency 59

Cryptocurrency Social Engineering eCommerce Engineering 59

Malwarebytes

MARCH 24, 2021

We’ve received a number of similar reports from people that have been scammed or simply wanted to alert us. In the heat of the moment, most people would not think to check their bank or credit card statement instead. Fake renewal notifications. The scammers are hoping victims will call them to dispute the automatic renewal.

Software 145

Software Scams Passwords Banking 145

SecureWorld News

OCTOBER 18, 2022

A real insider threat is employees, disgruntled or not, who accept offers of payment to purposely be complicit in a scam of their company. The number one cybercrime is Business Email Compromise (BEC), Payton said. RELATED: 5 Emotions Used in Social Engineering Attacks ]. It has hit all 50 U.S.

Ransomware 90

Ransomware Insurance CISO Social Engineering 90

The Last Watchdog

MAY 11, 2020

These developments would have, over the next decade or so, steadily and materially reduced society’s general exposure to cybercrime and online privacy abuses. What’s more the FBI reports that Business Email Compromise (BEC) accounted for an estimated $26 billion in cybercrime-related losses over a three year period.

Computers and Electronics 113

Computers and Electronics Data privacy Encryption Media 113

The Last Watchdog

JUNE 21, 2020

This quirk made the attack look more trustworthy and added a layer of flexibility to these scams. Balaban This ransomware was doing the rounds over spam generated by the Gameover ZeuS botnet, which had been originally launched in 2011 as a toolkit for stealing victim’s banking credentials and was repurposed for malware propagation.

Ransomware 243

Ransomware Hacking Encryption Penetration Testing 243

Security Affairs

NOVEMBER 26, 2018

The man is suspected to have scammed more than six executives in the Bay Area. A SIM swap fraud is a type of fraud that overwhelms the additional security measures introduced by banks to protect customer transactions. The hack and consequent cyber heist occurred on October 26 and Truglia was arrested on November 14.

Cryptocurrency 81

Cryptocurrency Identity Theft Social Engineering Advertising 81