article thumbnail

Details of a Computer Banking Scam

Schneier on Security

This is a longish video that describes a profitable computer banking scam that’s run out of call centers in places like India. The scammers convince the victims to give them remote access to their computers, and then that they’ve mistyped a dollar amount and have received a large refund that they didn’t deserve.

Banking 362
article thumbnail

Blockchain & Fraud Prevention: Strategies to overcome the cryptocurrency scam

Quick Heal Antivirus

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. What is Cryptocurrency? There is no.

Insiders

Sign Up for our Newsletter

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

article thumbnail

New IRS Site Could Make it Easy for Thieves to Intercept Some Stimulus Payments

Krebs on Security

Each year, scam artists file phony tax refund requests on millions of Americans, regardless of whether or not the impersonated taxpayer is actually due a refund. In the “electronic signature,” section at the end of the filing, applicants are asked to provide a cell phone number, to choose a PIN, and provide their date of birth.

article thumbnail

The Silent Breach: How E-Waste Fuels Cybercrime

SecureWorld News

These forgotten electronics pose a risk to our security. And with Americans owning an average of 24 electronic items in their homes , neglecting to dispose of these items correctly is putting individuals at significant risk of cybercrime. Cybercrime is an online criminal activity that targets computer networks and devices.

article thumbnail

Teach a Man to Phish and He’s Set for Life

Krebs on Security

The file included in this phishing scam uses what’s known as a “right-to-left override” or RLO character. In essence, this is a.eml file — an electronic mail format or email saved in plain text — masquerading as a.PDF file.

Phishing 245
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

Malware creator who compromised 10,000 computers arrested

Malwarebytes

The creator of a Remote Access Trojan (RAT), responsible for compromising more than 10,000 computers, has been arrested by law enforcement in Ukraine. Those sites may direct you to fake adverts, survey scams, or even rogue installers filled with malware. At the time of the arrest, the developer still had real-time access to 600 PCs.

Malware 98