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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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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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How are Crypto Phishing Scams Done, and How Do You Avoid Them?

Security Boulevard

Crypto phishing scams are fraudulent activities designed to steal your cryptocurrency assets, typically by tricking you into revealing your private keys or sending your cryptocurrencies to the scammer’s wallet. These scams often involve deception, social engineering, and manipulation.

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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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Support Bot Scam on Twitter Steals Cryptocurrency | Avast

Security Boulevard

A crypto support bot scam discovered in May has now increased and widened its breadth of targeted cryptocurrency users. If the user falls for it, the scammer then works on the user, using social engineering to obtain the recovery phrase for the user’s cryptocurrency account.

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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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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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