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Cybercriminals Accelerate Online Scams During Ramadan and Eid Fitr

Security Affairs

Middle Eastern enterprises, facing this heightened risk, are urged to bolster consumer protection and reinforce their brand security. Notably, in the Kingdom of Saudi Arabia (KSA), consumer spending topped regional charts, exceeding $16 billion.

Scams 107
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AI-generated voices in robocalls are illegal, rules FCC

Malwarebytes

The Federal Communications Commission (FCC) has announced that calls made with voices generated with the help of Artificial Intelligence (AI) will be considered “artificial” under the Telephone Consumer Protection Act (TCPA). It is important to not engage in any conversation or respond to any prompts to minimize the risk of fraud.

Scams 141
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Disturbing robocaller fined $9.9 million

Malwarebytes

The court also imposed an injunction prohibiting any future violations of the Truth in Caller ID Act and Telephone Consumer Protection Act. It is important to not engage in any conversation or respond to any prompts to minimize the risk of fraud. If they picked up, they were presented with recorded messages.

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New York issues cyber insurance framework as ransomware, SolarWinds costs mount

CSO Magazine

On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. Get the latest from CSO by signing up for our newsletters. ]. Get the latest from CSO by signing up for our newsletters. ]. To read this article in full, please click here

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40% of online shops tricking users with “dark patterns”

Malwarebytes

The European Commission has been looking at retail websites to see if they're misleading consumers with "dark patterns". The Commission, along with the national consumer protection authorities of 23 EU member states, plus Norway and Iceland, have released the results of their screening of online shops. Spoiler: Yes, they are.

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Decline in robocalls is encouraging, efforts seem to be working

Malwarebytes

So the FCC has made combatting unlawful robocalls and malicious caller ID spoofing a top consumer protection priority. The Malwarebytes iOS app also protects you from phishing attacks and malware. It is important to not engage in any conversation or respond to any prompts to minimize the risk of fraud.

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Over $80 Million Lost Due to Cryptocurrency Scams

Heimadal Security

United States’ FTC just released their Data Spotlight Consumer protection report where it raises significant concerns and tries to raise awareness of cryptocurrency investments related risks.