Remove Computers and Electronics Remove Cryptocurrency Remove Scams
article thumbnail

Blockchain & Fraud Prevention: Strategies to overcome the cryptocurrency scam

Quick Heal Antivirus

What is Cryptocurrency? Cryptocurrency is a type of digital currency that generally only exists electronically. The post Blockchain & Fraud Prevention: Strategies to overcome the cryptocurrency scam appeared first on Quick Heal Blog | Latest computer security news, tips, and advice. There is no.

article thumbnail

Florida Man Arrested in SIM Swap Conspiracy

Krebs on Security

Police in Florida have arrested a 25-year-old man accused of being part of a multi-state cyber fraud ring that hijacked mobile phone numbers in online attacks that siphoned hundreds of thousands of dollars worth of bitcoin and other cryptocurrencies from victims.

Mobile 251
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Man sentenced to six years in prison for stealing millions in cryptocurrency via SIM swapping

Security Affairs

Daniel James Junk (22) of Portland was sentenced to 72 months in federal prison for his role in a scheme that resulted in the theft of millions of dollars of cryptocurrency using a SIM swapping. Once hijacked a SIM, the attacker can steal money, cryptocurrencies and personal information, including contacts synced with online accounts.

article thumbnail

Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,

article thumbnail

Here Are the Top 3 Online Scams and How to Avoid Them

Identity IQ

Victims lost the most money to business email compromise scams, romance and confidence schemes and investment fraud. Notably, last year saw the emergence of scams exploiting the COVID-19 pandemic. Phishing Scams. Phishing scams accounted for 241,342 complaints in the report, generating $54 million in total damages.

Scams 117
article thumbnail

Financial cyberthreats in 2023

SecureList

A significant share of scam, phishing and malware attacks is about money. With trillions of dollars of digital payments made every year, it is no wonder that attackers target electronic wallets, online shopping accounts and other financial assets, inventing new techniques and reusing good old ones. million detections compared to 5.04

Phishing 134
article thumbnail

5 pro-freedom technologies that could change the Internet

Malwarebytes

The request is sent in plain text, which is the computer networking equivalent of yelling the names of all the websites you’re visiting out loud. Cryptocurrencies. People may be surprised to see cryptocurrencies appearing in our list. “Satoshi Nakamoto”, from Bitcoin: A Peer-to-Peer Electronic Cash System.

Internet 123