Remove Cryptocurrency Remove Internet Remove Scams Remove Social Engineering
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GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week. The attacks were facilitated by scams targeting employees at GoDaddy , the world’s largest domain name registrar, KrebsOnSecurity has learned. 13, with an attack on cryptocurrency trading platform liquid.com.

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Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast

Security Boulevard

Ben is disappointed: FBI reports huge rise in cryptocurrency investment scams. The post Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast appeared first on Security Boulevard. Why am I not surprised?

Scams 140
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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.

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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

GoDaddy described the incident at the time in general terms as a social engineering attack, but one of its customers affected by that March 2020 breach actually spoke to one of the hackers involved. One multifactor option — physical security keys — appears to be immune to these advanced scams.

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Investment fraud a serious money maker for criminals

Malwarebytes

But first I want to share some more remarkable conclusions from the report: Charity scams that prey on concern about international conflicts and natural disasters are becoming more prevalent. The social engineering techniques used by fraudsters are growing in complexity.

Scams 96
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Elon Musk and Tesla-related BTC giveaway scams are back in season in a fraud combo

Hot for Security

Threat actors are relentless when it comes to recycling old ruses to fool internet users and steal their money. While the ongoing pandemic and vaccination campaigns ushered in a new wave of creative scams, some malicious actors prefer to stick to old-fashioned scams that have proven efficient in the past.

Scams 98
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Fraudulent cryptocurrency investment apps are duping investors

Malwarebytes

Together with the Department of Homeland Security (DHS) and the Cybersecurity and Infrastructure Security Agency (CISA), the FBI has released a warning about cybercriminals creating fraudulent cryptocurrency investment apps in order to defraud cryptocurrency investors. Stay safe, everyone!