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Chinese fraudsters: evading detection and monetizing stolen credit card information

CyberSecurity Insiders

One method is to directly purchase cryptocurrency or gift cards through websites using stolen credit card information, which is popular for U.S. Additionally, NFTs and eBooks are also suitable for money laundering. There are various methods of cashing out. As a preliminary step to cashing out, fraudsters confirm the credit card limit.

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Hacker Personas Explained: Know Your Enemy and Protect Your Business

Webroot

As we mentioned in a previous blog , hackers come in many forms, but their methods can generally be classified into three distinct types of cybercriminals: The Impersonator – Hackers that pretend to be others, often using social engineering and human psychology to trick users.

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2022: The threat landscape is paved with faster and more complex attacks with no signs of stopping

Webroot

Malicious actors will continue to improve their social engineering tactics, making it more difficult to recognize deception and make it increasingly easier to become a victim, predicts Milbourne. Earlier in 2021, we detailed the hidden costs of ransomware in our eBook. Cryptocurrency. Ransomware.

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Spam and phishing in 2023

SecureList

Cryptocurrency scams Phishing aimed at stealing crypto wallet credentials remained a common money-making tool. Fake pages mimicking popular cryptocurrency sites invited users to sign in with their wallet credentials. Scam sites also used cryptocurrency as bait. The required amount is most likely unattainable.

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