Remove Cryptocurrency Remove Passwords Remove Scams Remove Social Engineering
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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). Phishing attacks.

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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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When Low-Tech Hacks Cause High-Impact Breaches

Krebs on Security

million customers, including website administrator passwords, sFTP credentials, and private SSL keys; -December 2022: Hackers gained access to and installed malware on GoDaddy’s cPanel hosting servers that “intermittently redirected random customer websites to malicious sites.”

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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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How to spot the signs of a virtual kidnap scam

Malwarebytes

Kidnap scams involve making a phone call to a victim and telling them a loved one has been taken. Things become even worse when social engineering combines with publicly available data to make it even more convincing. Have a “password” that family members can use to confirm a loved one is really in trouble.

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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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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. Carson said companies need better cyber hygiene via educating employees on ways to detect these scams. Photo by Justin Sullivan/Getty Images).

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