Copybara Fraud Campaign Leverages On-Device Fraud and Social Engineering Tactics
Penetration Testing
MARCH 6, 2024
Cleafy‘s recent analysis of the Copybara campaign highlights a troubling escalation in online banking fraud.
How social engineering is related to Cybersecurity
CyberSecurity Insiders
MAY 1, 2023
Social engineering is a term used to describe the manipulation of people into revealing sensitive information or performing actions that they otherwise wouldn’t. Social engineering is an age-old tactic that is often used in phishing attacks.
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Massive social engineering waves have impacted banks in several countries
Security Affairs
FEBRUARY 1, 2022
A massive social engineering campaign targeting banks has been delivered in the last two years in several countries. A massive social engineering campaign has been delivered in the last two years in several countries, including Portugal, Spain, Brazil, Mexico, Chile, the UK, and France. Pierluigi Paganini.
How to protect your small business from social engineering
Malwarebytes
MAY 1, 2023
In the email, Gary Bragg, then-president of Pennsylvania law firm O'Neill, Bragg & Staffin, asked Staffin to wire $580,000 to a Bank of China account. Staffin, who was VP and in charge of banking, sent the money through as asked. BEC is one of the most damaging forms of social engineering attacks faced by small businesses.
Payment App Users Targeted in Phishing and Social Engineering Campaigns, FBI Warns
Heimadal Security
APRIL 15, 2022
Malicious actors are trying to deceive individuals living in the US using digital payment apps into making instant transfers of money in social engineering operations involving text messages that contain bogus bank fraud notifications, the FBI says. How Does the Scam Work?
What Are Social Engineering Scams?
Identity IQ
JUNE 20, 2023
What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. Read on to learn how to recognize social engineering attacks, their consequences, and tactics to avoid falling for them.
Mobile Malware Uses Deepfakes, Social Engineering to Bypass Biometric Authentication
SecureWorld News
FEBRUARY 15, 2024
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.
Social engineering, deception becomes increasingly sophisticated
Security Affairs
FEBRUARY 20, 2023
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.
A phishing campaign targets clients of German banks using QR codes
Security Affairs
DECEMBER 12, 2021
Cofense researchers discovered a new phishing campaign using QR codes targeting German e-banking users in the last weeks. Threat actors continue to use multiple techniques to avoid detection and trick recipients into opening phishing messages, including the use of QR codes. “The phish sites are fairly similar.
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The Rise of AI Social Engineering Scams
Identity IQ
JUNE 1, 2023
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. Phishing attacks.
Report: Big U.S. Banks Are Stiffing Account Takeover Victims
Krebs on Security
OCTOBER 7, 2022
consumers have their online bank accounts hijacked and plundered by hackers, U.S. But new data released this week suggests that for some of the nation’s largest banks, reimbursing account takeover victims has become more the exception than the rule. Bank , and Wells Fargo. ” Sen.
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New Android Banking Malware Deployed Using Vishing
Heimadal Security
OCTOBER 13, 2022
New research conducted by a Dutch mobile security company recently discovered a network of phishing websites targeting Italian online-banking users to get a hold of their credentials. The post New Android Banking Malware Deployed Using Vishing appeared first on Heimdal Security Blog. How […].
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Researchers Warn Iranian Users of Widespread SMS Phishing Campaigns
The Hacker News
DECEMBER 1, 2021
Socially engineered SMS messages are being used to install malware on Android devices as part of a widespread phishing campaign that impersonates the Iranian government and social security services to make away with credit card details and steal funds from victims' bank accounts.
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3 Top Things to Know About Social Engineering
SecureWorld News
APRIL 15, 2021
On a recent SecureWorld Sessions podcast episode, Social Engineering: Hacking Humans , host Bruce Sussman spoke with Christopher Hadnagy, an entrepreneur and author of five books about social engineering and hacking the human. 1 How do you define social engineering? I can't let you in, sir.'.
What is phishing? Examples, types, and techniques
CSO Magazine
APRIL 12, 2022
Phishing definition. Phishing is a type of cyberattack that uses disguised email as a weapon. Phish" is pronounced just like it's spelled, which is to say like the word "fish"—the analogy is of an angler throwing a baited hook out there (the phishing email) and hoping you bite.
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Social Engineering: Definition, Types, Detection & Prevention
Spinone
NOVEMBER 12, 2020
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. George vs.
Understanding the Essential Pillars of Phishing Mitigation
SecureWorld News
JUNE 6, 2023
In our most recent Remote Sessions webcast, Roger Grimes, computer security expert and Data-Driven Defense Evangelist for KnowBe4, gave a deep dive on phishing and how to properly mitigate and prevent phishing attacks. What is phishing? Also known as spamming, phishing is typically done through email, SMS, and phone attacks.
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Digital Banking - Case Study
Approachable Cyber Threats
FEBRUARY 8, 2023
Banks are taking revolutionary approaches to digitize and streamline the customer experience - but these measures could come with a cost without strategic cybersecurity measures. The world is changing, and the banking industry is evolving too. The Industry Digital banking is transforming the way people access and manage their finances.
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The Risk of Weak Online Banking Passwords
Krebs on Security
AUGUST 5, 2019
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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US Federal agencies fall prey to Phishing Scam via Remote Management Software
CyberSecurity Insiders
JANUARY 25, 2023
United States Cybersecurity and Infrastructure Security Agency (CISA) along with two other agencies; National Security Agency (NSA) and Multi-State Information Sharing and Analysis Center (MS-ISAC) have issued a warning to federal agencies against a phishing scam taking place through Remote Monitoring and Management (RMM) Software.
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Banking Trojan Bizarro Targets Customers with Spear-Phishing Campaigns
Heimadal Security
MAY 20, 2021
A new banking Trojan called “Bizarro” is now targeting European banking customers through a spear-phishing campaign in an attempt to steal credentials. The post Banking Trojan Bizarro Targets Customers with Spear-Phishing Campaigns appeared first on Heimdal Security Blog.
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What is Phishing?
Identity IQ
FEBRUARY 7, 2023
What is Phishing? One of the most common techniques used to exploit web users is the phishing scam. This article will cover what phishing is, cybercriminals’ different approaches, and how to prevent yourself from becoming a victim. What is Phishing? How Does Phishing Work? Spear Phishing.
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Phishing scam takes $950k from DoorDash drivers
Malwarebytes
JUNE 19, 2023
A particularly nasty slice of phishing, scamming, and social engineering is responsible for DoorDash drivers losing a group total of around $950k. From here, the driver would be convinced to hand over banking details or log in to a fake portal. How to avoid phishing Block known bad websites. Use a password manager.
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The Telegram phishing market
SecureList
APRIL 5, 2023
They have become adept at using Telegram both for automating their activities and for providing various services — from selling phishing kits to helping with setting up custom phishing campaigns — to all willing to pay. ” Links to the channels are spread via YouTube, GitHub and phishing kits they make.
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Complete Guide to Phishing Attacks: What Are the Different Types and Defenses?
eSecurity Planet
MARCH 31, 2022
Approximately 83 percent of organizations said they faced a successful phishing attempt in 2021, up from 57 percent in 2020. This guide breaks down the different types of phishing attacks and provides examples to help organizations better prepare their staff to deal with them. What is Phishing? Spear Phishing.
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Voice Phishing Scams Are Getting More Clever
Krebs on Security
OCTOBER 1, 2018
Most of us have been trained to be wary of clicking on links and attachments that arrive in emails unexpected, but it’s easy to forget scam artists are constantly dreaming up innovations that put a new shine on old-fashioned telephone-based phishing scams. When he disputed the charge, his bank sent a replacement card.
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Police seize and dismantle massive phishing operation
Malwarebytes
JUNE 23, 2022
The group was involved in fraud, money laundering, phishing, and scams. According to a Europol press release , the group’s modus operandi started with an email, text message, or private message containing a link to a phishing page. Once recipients opened the link, they would be directed to a bogus bank website.
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107 MY TAKE: Account hijackers follow small banks, credit unions over to mobile banking apps
The Last Watchdog
APRIL 10, 2019
Outside of giants JP Morgan, Bank of America, Citigroup, Wells Fargo and U.S. firms are comprised of community banks and regional credit unions. These smaller institutions, much like the giants, are hustling to expand mobile banking services. This is the new space that allows for combining these channels in banking.
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Ransomware realities in 2023: one employee mistake can cost a company millions
Security Affairs
OCTOBER 17, 2023
With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. This method was identified as vishing – a voice-based phishing attack. Why should employers educate employees about cyber security?
Busted! Fraud-as-a-Service gang that sold 2FA-proof phishing arrested
Malwarebytes
JULY 23, 2021
The Dutch police announced that they arrested two Dutch citizens, aged 24 and 15, for developing and selling phishing panels. For cybercriminals that lacked the technical knowledge or means, the Fraud Family also offered to host the phishing sites and backend panels. 2FA bypass.
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Vishing: The Best Protection Is Knowing How Scammers Operate
Thales Cloud Protection & Licensing
OCTOBER 25, 2023
Many organizations train employees to spot phishing emails, but few raise awareness of vishing phone scams. Most people are familiar with the term phishing, but not everyone knows about vishing. It is a type of fraudulent activity that falls under the general phishing category and aims to achieve the same objectives.
Bank fraud scammers trick victims with claims of bogus Zelle transfers
Malwarebytes
AUGUST 3, 2022
It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. One unfortunate individual has already lost around $1,000 to this slice of telephone-banking based fraud. Am I protected?
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VASCO rebrands as OneSpan, makes acquisition, to support emerging mobile banking services
The Last Watchdog
JUNE 18, 2018
Bank patrons in their 20s and 30s, who grew up blanketed with digital screens, have little interest in visiting a brick-and-mortar branch, nor interacting with a flesh-and-blood teller. This truism is pushing banks into unchartered territory. So banks are all in. LaSalla: Back in the day it was hardware tokens for banks.
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Voice Phishers Targeting Corporate VPNs
Krebs on Security
AUGUST 19, 2020
The COVID-19 epidemic has brought a wave of email phishing attacks that try to trick work-at-home employees into giving away credentials needed to remotely access their employers’ networks. For now at least, they appear to be focusing primarily on companies in the financial, telecommunications and social media industries.
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Threat Actors Hijack Email Reply Chains on Vulnerable Exchange Servers to Deliver IcedID Malware
Heimadal Security
MARCH 29, 2022
A new email phishing operation has been noticed employing the conversation hijacking strategy to distribute the IcedID banking trojan-type malware onto compromised computers via unpatched and publicly-exposed Microsoft Exchange servers.
Hackers use a new technique in phishing attacks to disable Macro security warnings in weaponized docs
Security Affairs
JULY 9, 2021
Threat actors have devised a new trick to disable macro security warning that leverage non-malicious docs in phishing attacks. Most of the phishing attacks leverage weaponized Microsoft Office documents and social engineering techniques to trick recipients into enabling the macros. SecurityAffairs – hacking, phishing).
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Beware: Fake IRS tax email wants your Microsoft account
Malwarebytes
APRIL 16, 2023
Opening the attached HTML file reveals a Microsoft email phishing page. Avoiding tax scams Here are some ways you can outsmart tax fraudsters and keep one step ahead of the phishing, malware, and social engineering attacks that come around every year during tax season. Beware of fake bank portals. File early.
Spam and phishing in 2022
SecureList
FEBRUARY 16, 2023
Short-lived phishing sites often offered to see the premieres before the eagerly awaited movie or television show was scheduled to hit the screen. Soccer fans chasing merchandise risked compromising their bank cards or just losing some money. Those who just could not wait were in for a disappointment and a waste of cash.
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Unusual sign-in activity mail goes phishing for Microsoft account holders
Malwarebytes
MARCH 1, 2022
People sending a reply will almost certainly receive a request for login details, and possibly payment information, most likely via a bogus phishing page. Trying to panic people into hitting a button or click a link is an ancient social engineering tactic, but it sticks around because it works. Miss it, miss out.
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Phishing trap: security awareness through a different lens
BH Consulting
OCTOBER 6, 2022
Is it just us, or is phishing everywhere right now? 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. A copywriter by trade, Nick looked at phishing messages with his professional eye.
Trickbot Malware hits 140,000 victims
CyberSecurity Insiders
FEBRUARY 22, 2022
Trickbot Malware that started just as a banking malware has now emerged into a sophisticated data stealing tool capable of injecting malware like ransomware or serve as an Emotet downloader. Note- In September 2020, many of the hospitals and healthcare firms operating in United States were infected by RYUK ransomware.
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Generative AI Changes Everything You Know About Email Cyber Attacks
CyberSecurity Insiders
APRIL 4, 2023
Social engineering – specifically malicious cyber campaigns delivered via email – remain the primary source of an organization’s vulnerability to attack. Social engineering is a profitable business for hackers – according to estimates, around 3.4 billion phishing e-mails get delivered every day.
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Let’s Go Phishing
Approachable Cyber Threats
MARCH 22, 2021
Through phishing. What’s phishing again?” Phishing is a specific type of cyber attack through which hackers and scammers use email to trick you. It’s part of a broader cyber attack called “social engineering” that includes other avenues like phone calls, text messages, and even impersonating people in real life.
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Bank fraud scammers trick victims with claims of bogus Zelle transfers
Malwarebytes
AUGUST 3, 2022
It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. One unfortunate individual has already lost around $1,000 to this slice of telephone-banking based fraud. Am I protected?
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