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

Krebs on Security

government today imposed economic sanctions on Funnull Technology Inc. , a Philippines-based company that provides computer infrastructure for hundreds of thousands of websites involved in virtual currency investment scams known as pig butchering.” Image: Shutterstock, ArtHead. based cloud providers. victim-reported losses.”

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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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Report: Big U.S. Banks Are Stiffing Account Takeover Victims

Krebs on Security

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. In the case of Zelle scams, the answer is yes.

Banking 293
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Arrests in Tap-to-Pay Scheme Powered by Phishing

Krebs on Security

Details released by authorities so far indicate the mobile wallets being used by the scammers were created through online phishing scams, and that the accused were relying on a custom Android app to relay tap-to-pay transactions from mobile devices located in China. Authorities in at least two U.S. Image: WLVT-8.

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Voice Deepfake Scams CEO out of $243,000

Adam Levin

The CEO of a UK-based energy firm lost the equivalent of $243,000 after falling for a phone scam that implemented artificial intelligence, specifically a deepfake voice. While the technology to generate convincing voice recordings has been available for a few years, its remains relatively uncommon in the commission of fraud.

Scams 233
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Crooks bank on Microsoft’s search engine to phish customers

Malwarebytes

We identified a new wave of phishing for banking credentials that targets consumers via Microsoft’s search engine. Multi-factor authentication is still highly recommended, but users should be aware that criminals can directly ask for verification codes while pretending to be the real bank.

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Voice Phishing Scams Are Getting More Clever

Krebs on Security

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. Think you’re too smart to fall for one? He provided it.

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