Remove Cryptocurrency Remove Hacking Remove Scams Remove Social Engineering
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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

Media coverage understandably focused on GoDaddy’s admission that it suffered three different cyberattacks over as many years at the hands of the same hacking group. But it’s worth revisiting how this group typically got in to targeted companies: By calling employees and tricking them into navigating to a phishing website.

Hacking 268
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Email crypto phishing scams: stealing from hot and cold crypto wallets

SecureList

The higher the global popularity of cryptocurrencies and the more new ways of storing them, the wider the arsenal of tools used by malicious actors who are after digital money. This story covers two fundamentally different methods of email attacks on the two most popular ways of storing cryptocurrency: hot and cold wallets.

Scams 96
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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

authorities arrested a 19-year-old Florida man charged with wire fraud, aggravated identity theft, and conspiring with others to use SIM-swapping to steal cryptocurrency. Sources close to the investigation tell KrebsOnSecurity the accused was a key member of a criminal hacking group blamed for a string of cyber intrusions at major U.S.

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Attackers Cashing In On Cryptocurrency With Increased Scams

Threatpost

As the popularity around cryptocurrency has continued to rise in 2018, it has also paved an easy path for cash-hungry scammers to launch “cryptocurrency giveaway scams.”.

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Text-based fraud: from 419 scams to vishing

SecureList

E-mail scammers typically combine social engineering with technical skills to bypass spam filters and persuade the recipient to reply. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams.

Scams 99
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Microsoft warns of the rise of cryware targeting hot wallets

Security Affairs

Microsoft researchers warn of the rising threat of cryware targeting non-custodial cryptocurrency wallets, also known as hot wallets. Microsoft warns of the rise of cryware, malicious software used to steal info an dfunds from non-custodial cryptocurrency wallets, also known as hot wallets. Ransomware. Password and info stealers.

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Investment fraud overtakes business email compromise as most reported fraud

Malwarebytes

These scams usually offer the victims large returns with minimal risk. Crypto-investment fraud saw an incredible growth in 2022, both in number of scams and in the amount of damage done. Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 Hacked social media accounts.