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Social engineering, deception becomes increasingly sophisticated

Security Affairs

Social engineering techniques are becoming increasingly sophisticated and are exploiting multiple emerging means, such as deep fakes. The increasing use of videoconferencing platforms and the various forms of remote work also adopted in the post-emergency covid make interpersonal collaborations increasingly virtual.

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Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication

SecureWorld News

A sophisticated form of mobile malware dubbed "GoldPickaxe" has been uncovered, which collects facial recognition data to produce deepfake videos, enabling hackers to bypass biometric authentication protections on banking apps. The hackers rely heavily on social engineering tactics to distribute the malware.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

That's because Ghaleb Alaumary motivated teams of criminals to commit cybercrime, financial crime, and to collectively steal tens of millions of dollars. Cybercrime ringleader confesses to conspiracies. Business email compromise scheme and social engineering. Social engineering—in person—was the next part of the scheme.

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Social Engineering: Definition, Types, Detection & Prevention

Spinone

What is social engineering? Social engineering is a manipulative technique used by criminals to elicit specific actions in their victims. Social engineering is seldom a stand-alone operation. money from a bank account) or use it for other social engineering types.

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The Risk of Weak Online Banking Passwords

Krebs on Security

If you bank online and choose weak or re-used passwords, there’s a decent chance your account could be pilfered by cyberthieves — even if your bank offers multi-factor authentication as part of its login process. Crooks are constantly probing bank Web sites for customer accounts protected by weak or recycled passwords.

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A phishing campaign targets clients of German banks using QR codes

Security Affairs

Cofense researchers discovered a new phishing campaign using QR codes targeting German e-banking users in the last weeks. The phishing messages are carefully crafted, the content was well-structured and features bank logos. The use of QR codes making it hard for email filters to flag the messages as malicious. Pierluigi Paganini.

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SharkBot, a new Android Trojan targets banks in Europe

Security Affairs

Security researchers from Cleafy discovered a new Android banking trojan, named SharkBot, that is targeting banks in Europe. At the end of October, researchers from cyber security firms Cleafy and ThreatFabric have discovered a new Android banking trojan named SharkBot. ” reads the analysis published by the researchers.

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