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Scams Lost US $10 BILLION in 2022 — Crypto Fraud Grows Fast

Security Boulevard

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

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How to spot the signs of a virtual kidnap scam

Malwarebytes

Threats and bluster play a key role in most online attacks: Ransomware has its ransom note; trolls threaten to ramp up the pressure; tech support scammers insist your PC needs urgent assistance. Kidnap scams involve making a phone call to a victim and telling them a loved one has been taken. The virtual kidnap: Step by step.

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Mastermind: Social Engineering, BEC Attacks, Millions in Cash and Crypto

SecureWorld News

Then there was the money laundering, the cryptocurrency, the digital wallets. Business email compromise scheme and social engineering. Social engineering—in person—was the next part of the scheme. Those are some of the highlights, now let's look at a few specifics. Too many do.

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Unmasking Crypto Scams: The Team Effort Behind the Con

Digital Shadows

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. It has links to multiple types of cyber crime, including ransomware, carding, phishing, and malware development.

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Text-based fraud: from 419 scams to vishing

SecureList

E-mail scammers typically combine social engineering with technical skills to bypass spam filters and persuade the recipient to reply. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams.

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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams. IRS and Bank-related scams.

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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. 12 blog post , the attackers used their access to Mailchimp employee accounts to steal data from 214 customers involved in cryptocurrency and finance. 9, 2024, U.S.