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China-based SMS Phishing Triad Pivots to Banks

Krebs on Security

The site will then complain that the visitor’s bank needs to “verify” the transaction by sending a one-time code via SMS. In reality, the bank is sending that code to the mobile number on file for their customer because the fraudsters have just attempted to enroll that victim’s card details into a mobile wallet.

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Fake bank ads on Instagram scam victims out of money

Malwarebytes

Ads on Instagram—including deepfake videos—are impersonating trusted financial institutions like Bank of Montreal (BMO) and EQ Bank (Equitable Bank) in order to scam people, according to BleepingComputer. From there, it’s likely the scammers will empty the bank account and move on to their next victim.

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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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Phishers Target Aviation Execs to Scam Customers

Krebs on Security

They said the attackers had spun up a look-alike domain just a few hours after the executive’s inbox credentials were phished, and that the scam resulted in a customer suffering a six-figure financial loss. However, BEC scams were the second most costly form of cybercrime reported to the feds last year, with nearly $2.8

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As Seen on Channel 5’s Vanessa (Feltz) Show: What to Do if You’re Targeted by a Scam

Jane Frankland

After joining Vanessa Feltz on Channel 5 to talk all things scams, I wanted to follow up with a clear guide for anyone whos ever been targeted or worries they might be next. Scams today arent just dodgy emails or shady phone calls. billion is lost to scams every year in the UK, with an average loss of 1,443 per person.

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“Urgent reminder” tax scam wants to phish your Microsoft credentials

Malwarebytes

But that’s just one example of a tax scam. The IRS’s annual Dirty Dozen list of tax scams shows common schemes that threaten your tax and financial information. And, although these scams do appear year-round, tax season is when they reach their peak level.

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Nigerian man Sentenced to 26+ years in real estate phishing scams

Security Affairs

for phishing scams that stole millions by hacking email accounts. for phishing scams that resulted in the compromise of millions of email accounts. for phishing scams that resulted in the compromise of millions of email accounts. Nigerian Kolade Ojelade gets 26 years in U.S. ” reads the press release published by DoJ. .