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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. Social engineering scams leverage psychological manipulation to deceive individuals and exploit the victims’ trust. Phishing attacks.

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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. Those who submitted credentials were then prompted to provide the one-time password needed for multi-factor authentication. 9, 2024, U.S. Twilio disclosed in Aug.

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How to spot the signs of a virtual kidnap scam

Malwarebytes

Things become even worse when social engineering combines with publicly available data to make it even more convincing. We see criminals gravitating to digital payment systems, cryptocurrencies, and even gift cards across most realms of attack. 2 factor authentication and password managers are good places to start.

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Ransomware news headlines trending on Google

CyberSecurity Insiders

And security researchers from ESET have discovered that the malware was uploaded to the VirusTotal operated system in Brazil and was targeted by a social engineering attack. North Korea’s Lazarus Group has reportedly designed new ransomware that is being targeted at M1 processors popularly running on Macs and Intel systems.

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167 counterfeit apps used for financial scams against Android and iOS users

SC Magazine

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. Make sure passwords are not the company’s only security control,” Carson said. Photo by Justin Sullivan/Getty Images). Do not make it easy for them.

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Popular apps left biometric data, IDs of millions of users in danger

Security Affairs

Other affected businesses include Chip, a UK-based savings app boasting 400,000 users; Hoolah, a shopping app with over 100,000 installs ; Mode, a cryptocurrency app with over 50,000 installs ; and Greenwheels, a car-sharing service with over 50,000 installs. Threat actors can abuse PII to conduct phishing and social engineering attacks.

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Happy 13th Birthday, KrebsOnSecurity!

Krebs on Security

You just knew 2022 was going to be The Year of Crypto Grift when two of the world’s most popular antivirus makers — Norton and Avira — kicked things off by installing cryptocurrency mining programs on customer computers. The now-defunct and always phony cryptocurrency trading platform xtb-market[.]com,