SecureList

JULY 5, 2023

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 101

Scams Phishing Cryptocurrency Social Engineering 101

Krebs on Security

APRIL 6, 2022

The smash-and-grab attacks by LAPSUS$ obscure some of the group’s less public activities, which according to Microsoft include targeting individual user accounts at cryptocurrency exchanges to drain crypto holdings. ” Like LAPSUS$, these vishers just kept up their social engineering attacks until they succeeded.

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Social Engineering Phishing Engineering Accountability 252

SecureWorld News

JUNE 15, 2023

Seventy-four percent of breaches included the human element, which should be expected given the frequency of social engineering, stolen credentials, and privilege misuse. No surprise, social engineering is mentioned right off the bat. These criminals' methods can be predictable.

Data breaches 84

Data breaches Social Engineering Engineering Cryptocurrency 84

Malwarebytes

JANUARY 3, 2024

The social engineering techniques used by fraudsters are growing in complexity. This conclusion matches that of the 2022 Internet Crime Report produced by the FBI’s Internet Crime Complaint Center (IC3), which attributed almost $84 million dollars to BEC and over $75 million to investment fraud.

Scams 96

Scams Cryptocurrency Social Engineering Internet 96

SecureWorld News

FEBRUARY 7, 2022

Cyberattacks targeting cryptocurrency exchanges were on a roll in 2021 and have continued into 2022. The panel also said one cybersecurity firm anonymously reported that North Korean "cyber-actors stole a total of $400 million worth of cryptocurrency through seven intrusions into cryptocurrency exchanges and investment firms.".

Cryptocurrency 75

Cryptocurrency Cybercrime Social Engineering Engineering 75

eSecurity Planet

SEPTEMBER 14, 2022

According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. This made a lot of sense, especially in the earlier days of the Internet where cybersecurity measures were nowhere near as robust as they are today. Social Tactics.

Social Engineering 117

Social Engineering Energy and Utilities Phishing Scams 117

CyberSecurity Insiders

FEBRUARY 8, 2021

And an official confirmation says that the attack was launched by notorious North Korean Lazarus hacking group that is known for its social engineering attacks such as the Wannacry 2017. And all the expenses are borne by the Kim Jung UN led nation who steals cryptocurrency to fund its nuclear programs.

Ransomware 134

Ransomware Social Engineering Cryptocurrency Cybercrime 134

SecureList

AUGUST 10, 2022

VileRAT is a Python implant, part of an evasive and highly intricate attack campaign against foreign exchange and cryptocurrency trading companies. Malicious DOCX social engineering message. We could not profile all the identified organizations, but half of them were foreign currency (FOREX) and cryptocurrency exchange brokers.

Cryptocurrency 94

Cryptocurrency Encryption Social Engineering Passwords 94

Malwarebytes

MARCH 13, 2023

The Federal Bureau of Investigation (FBI) has published its 2022 Internet Crime Report. The numbers are based on the complaints reported to the Internet Crime Complaint Center (IC3). Within those complaints, cryptocurrency investment fraud rose from $907 million in 2021 to $2.57 billion in 2022, an increase of 183%.

Cryptocurrency 64

Cryptocurrency Scams Media Social Engineering 64

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

Insurance 61

Insurance Cryptocurrency Cyber threats Marketing 61

Security Boulevard

MARCH 16, 2023

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

Scams 140

Scams Cryptocurrency Social Engineering Internet 140

Krebs on Security

JULY 16, 2020

The first public signs of the intrusion came around 3 PM EST, when the Twitter account for the cryptocurrency exchange Binance tweeted a message saying it had partnered with “CryptoForHealth” to give back 5000 bitcoin to the community, with a link where people could donate or send money.

Hacking 364

Hacking Accountability Mobile Social Engineering 364

Appknox

JUNE 23, 2022

Navigating the internet in 2022 is more dangerous than ever for Australian netizens. Thus, these Australian attacks significantly contribute to the rising trend in socially engineered attacks. How Can Social Engineering Affect the Current State of Security in Australia?

Social Engineering 92

Social Engineering Mobile Scams Engineering 92

SecureList

NOVEMBER 23, 2021

We should expect more fraud, targeting mostly BTC , because this cryptocurrency is the most popular. In fact, from January through the end of October, Kaspersky detected more than 2,300 fraudulent global resources aimed at 85,000 potential crypto investors or users who are interested in cryptocurrency mining. Extortion on the rise.

Cryptocurrency 112

Cryptocurrency Banking Cybercrime Ransomware 112

Security Affairs

JANUARY 23, 2022

Never download an app from a QR code, avoid making any payment requested through unsolicited email that uses social engineering techniques to trick recipients into scanning the embedded QR code. If scanning a physical QR code, ensure the code has not been tampered with, such as with a sticker placed on top of the original code.

Cryptocurrency 97

Cryptocurrency Social Engineering Malware Scams 97

SecureList

MAY 6, 2024

Methodology In this report, we present an analysis of financial cyberthreats in 2023, focusing on banking Trojans and phishing pages that target online banking, shopping accounts, cryptocurrency wallets and other financial assets. Cryptocurrency phishing saw a 16% year-on-year increase in 2023, with 5.84 million in 2022.

Phishing 101

Phishing Banking Mobile Scams 101

Krebs on Security

AUGUST 19, 2020

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

Phishing 360

Phishing VPN Social Engineering Media 360

Hot for Security

MAY 24, 2021

Threat actors are relentless when it comes to recycling old ruses to fool internet users and steal their money. Bitdefender Antispam Lab has taken notice of spammers’ interest in the topic this month, as threat actors send tens of thousands of malicious and fraudulent Tesla-related emails to internet users.

Scams 98

Scams Cryptocurrency Marketing Social Engineering 98

SecureWorld News

OCTOBER 15, 2020

It was the summer cyberattack that had social media buzzing. A group of teenagers used social engineering to breach Twitter's network and take over the accounts of a whole bunch of A-listers. As a teenager, he discovered that social engineering was a trick that worked. "I You could lose your data.'.

Social Engineering 97

Social Engineering Media Scams Financial Services 97

IT Security Guru

SEPTEMBER 28, 2023

Perpetrators utilise ransomware as a means to extort funds from their targets, typically requesting payment in cryptocurrencies, in exchange for a decryption key or as a condition to prevent the exposure of sensitive information on the dark web or public internet.

Ransomware 118

Ransomware Encryption Backups Social Engineering 118

Malwarebytes

NOVEMBER 6, 2023

In 2022, Octo Tempest began selling SIM swaps to other criminals and performing account takeovers of high-net-worth individuals in order to steal their cryptocurrency. Create a plan for patching vulnerabilities in internet-facing systems quickly; and disable or harden remote access like RDP and VPNs. Prevent intrusions.

Ransomware 106

Ransomware Backups Accountability Social Engineering 106

SC Magazine

MAY 12, 2021

Researchers found 167 counterfeit Android and iOS apps that attackers used to steal money from victims who believed they installed a financial trading, banking or cryptocurrency app. Photo by Justin Sullivan/Getty Images). If targets later tried to withdraw funds or close the account, the attackers would block access.

Scams 62

Scams Cryptocurrency Social Engineering Banking 62

Krebs on Security

AUGUST 30, 2022

On July 20, the attackers turned their sights on internet infrastructure giant Cloudflare.com , and the intercepted credentials show at least five employees fell for the scam (although only two employees also provided the crucial one-time MFA code). On that last date, Twilio disclosed that on Aug. ” On July 28 and again on Aug.

Mobile 300

Mobile Phishing Authentication Accountability 300

Krebs on Security

NOVEMBER 6, 2018

that has been tracking down individuals engaged in unauthorized “SIM swaps” — a complex form of mobile phone fraud that is often used to steal large amounts of cryptocurrencies and other items of value from victims. SIM swapping attacks primarily target individuals who are visibly active in the cryptocurrency space.

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Mobile Cryptocurrency Accountability Passwords 243

SecureList

DECEMBER 6, 2022

Phishers primarily seek to extract confidential information from victims, such as credentials or bank card details, while scammers deploy social engineering to persuade targets to transfer money on their own accord. At around the same time, phishers started targeting online payment systems and internet banks.

Scams 100

Scams Phishing Social Engineering Banking 100

Digital Shadows

FEBRUARY 2, 2023

Whether you’re a crypto-skeptic or a crypto-maximalist, it cannot be denied that the mostly unregulated cryptocurrency ecosystem is no stranger to fraud. To conduct attacks specifically linked to cryptocurrency, threat actors must usually cooperate within a web of associates—just like any other area of cyber crime.

Scams 40

Scams Cryptocurrency Marketing Advertising 40

Identity IQ

FEBRUARY 8, 2024

The Origins and History of the Dark Web IdentityIQ The dark web is a hidden part of the internet that cannot be accessed as easily. The dark web consists of websites and services that operate anonymously and aren’t accessible in the “public” part of the internet. The deep web is far and away the largest part of the internet.

Identity Theft 98

Identity Theft Cryptocurrency Government Engineering 98

Webroot

JANUARY 7, 2022

In particular, we witnessed an increase in distributed denial of service (DDoS) attacks and a surge in the usage of the internet of things (IoT). 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.

Cybercrime 105

Cybercrime Phishing Ransomware Cryptocurrency 105

SecureWorld News

MARCH 22, 2021

The FBI just released its annual Internet Crime Report, and it is truly a sign of the times. The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. For more detailed information and additional statistics on internet cybercrime in 2020, you can read the complete IC3 report.

Cybercrime 55

Cybercrime Scams Banking Accountability 55

Security Affairs

AUGUST 16, 2023

Never download an app from a QR code, avoid making any payment requested through unsolicited email that uses social engineering techniques to trick recipients into scanning the embedded QR code. If scanning a physical QR code, ensure the code has not been tampered with, such as with a sticker placed on top of the original code.

Phishing 86

Phishing Energy and Utilities Insurance Manufacturing 86

SecureList

NOVEMBER 9, 2022

In 2023, we might see a slight decline in ransomware attacks, reflecting the slowdown of the cryptocurrency markets. Internet ‘balkanization’, ongoing military conflicts, changes, and tensions in existing political groups of countries are influencing cyberspace and cybercrime. ris botnet which has climbed to the record.

Cybersecurity 128

Cybersecurity Cyber Insurance Cybercrime IoT 128

Security Affairs

OCTOBER 31, 2022

In the early afternoon of Friday 12 May 2017, the media broke the news of a global computer security attack carried out through a malicious code capable of encrypting data residing in information systems and demanding a ransom in cryptocurrency to restore them, the Wannacry ransomware.

Malware 97

Malware Computers and Electronics Encryption Ransomware 97

Security Affairs

JANUARY 3, 2024

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. Utilizing AI-driven bots for advanced social engineering techniques. Decision-making and automation of cybercriminal operations.

Artificial Intelligence 115

Artificial Intelligence Banking Scams Cybercrime 115

SecureList

MARCH 7, 2024

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.

Phishing 103

Phishing Scams Cryptocurrency Accountability 103

SecureList

JUNE 7, 2023

Mobile statistics Targeted attacks BlueNoroff introduces new methods bypassing MotW At the close of 2022, we reported the recent activities of BlueNoroff , a financially motivated threat actor known for stealing cryptocurrency. The threat actor uses social engineering to infect a PoS terminal.

DNS 101

DNS Malware Cryptocurrency Retail 101

SecureWorld News

NOVEMBER 1, 2021

Americans’ personal information, stolen en masse by state-backed actors and online gangs alike, is being weaponized via increasingly sophisticated social engineering or disinformation campaigns. RESOURCE] Listen to the recent SecureWorld podcast episode featuring U.S. Secret Service Assistant Director Jeremy Sheridan.

Cybersecurity 74

Cybersecurity Government Cyber Insurance Technology 74

SC Magazine

MAY 17, 2021

That could restructure education, with the focus shifting from memorization of facts to training children to use data retrieved from the internet. AI could impact more than just social engineering. But it also could change the way we think, reducing the critical distance between a user and the data source.

Manufacturing 95

Manufacturing IoT Artificial Intelligence Technology 95