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The Rise of AI Social Engineering Scams

Identity IQ

The Rise of AI Social Engineering Scams IdentityIQ In today’s digital age, social engineering scams have become an increasingly prevalent threat. In fact, last year, scams accounted for 80% of reported identity compromises to the Identity Theft Resource Center (ITRC).

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Lessons from a Scam Artist

Security Through Education

What does a government scam, an IT support scam and a romance scam have in common? They all use psychology and social engineering skills to convince their victims to take an action that is detrimental to them. Let’s see what lessons we can learn from scam artists to better protect ourselves.

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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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Navigating the Web of Romance Scams: A Guide for Businesses and Consumers

Webroot

In the digital age, the quest for love has moved online, but so have the fraudsters, with romance scams reaching record highs. These scams don’t just harm individuals financially and emotionally; they can also pose significant risks to businesses.

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Fake Cash Scams Thrive on Facebook and Insta—FTC

Security Boulevard

Cryptocurrency scammers love social media—especially Meta’s platforms. Hundreds of millions of dollars were scammed from U.S. The post Fake Cash Scams Thrive on Facebook and Insta—FTC appeared first on Security Boulevard. consumers in 2021.

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Crypto-scams you should be steering clear of in 2021

Malwarebytes

A fair few cryptocurrency scams have been doing the rounds across 2021. One of the sneakiest ways to grab a code is to jump into customer support discussions on social media. Fake Elon Musk cryptocurrency scams. Another social media shenanigan involving cryptocurrency? 419 crypto scam.

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Digital artists meet scam artists, as criminals pounce on NFT craze

SC Magazine

For the uninitiated, NFTs are unique tokens that accompany original and collectible digital artwork or videos that can be sold or traded as a form of cryptocurrency, with transactions registered on the blockchain. No wonder scam artists are taking notice and jumping on the bandwagon. billion in 2020. “We

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