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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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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. 13, with an attack on cryptocurrency trading platform liquid.com. “Our security team investigated and confirmed threat actor activity, including social engineering of a limited number of GoDaddy employees.

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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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Store manager admits SIM swapping his customers

Malwarebytes

Armed with an email and password—which are easily bought online— and the 2FA code, an attacker could take over the victim’s online accounts. SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. Katz pleaded guilty before Chief U.S.

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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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The BlueNoroff cryptocurrency hunt is still on

SecureList

Also, we have previously reported on cryptocurrency-focused BlueNoroff attacks. It appears that BlueNoroff shifted focus from hitting banks and SWIFT-connected servers to solely cryptocurrency businesses as the main source of the group’s illegal income. Note, this is no proof that the companies listed were compromised.

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North Korea dedicates a hacking group to fund cyber crime

CyberSecurity Insiders

According to a study conducted by se-curity firm Mandiant, the group has been in operation since 2018 and has now been tasked with carrying out both espionage and financially motivated attacks such as credential harvesting and social engineering.

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