Remove Cryptocurrency Remove Scams Remove Technology
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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain

Schneier on Security

Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are an complete and total disaster, and urging them to regulate the space. But that’s nothing inherent in blockchain technology—that’s just a bunch of bad design choices bitcoin made. ” I have yet to see one.

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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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Feds Charge Five Men in ‘Scattered Spider’ Roundup

Krebs on Security

technology companies between 2021 and 2023, including LastPass , MailChimp , Okta , T-Mobile and Twilio. The targeted SMS scams asked employees to click a link and log in at a website that mimicked their employer’s Okta authentication page. Tylerb was reputed to have fled the United Kingdom after that assault.

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The Fake Browser Update Scam Gets a Makeover

Krebs on Security

New research shows the attackers behind one such scheme have developed an ingenious way of keeping their malware from being taken down by security experts or law enforcement: By hosting the malicious files on a decentralized, anonymous cryptocurrency blockchain. Previously, the group had stored its malicious update files on Cloudflare, Guard.io

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Google Cracks Down on Fake ‘Unpaid Toll’ Text Scams with New Android Update

eSecurity Planet

The feature uses on-device AI to flag potentially fraudulent messages before users interact with them, helping stop scams in real time. According to the Federal Trade Commission (FTC), Americans lost $470 million to text scams in 2024. Poor grammar (a common giveaway in phishing scams). And its not the only recent safety step.

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Open-source repository SourceHut to remove all cryptocurrency-related projects

Tech Republic Security

Also including blockchain-related projects in the ban, SourceHut's creator said the technology is associated with fraudulent activities and high-risk investments. The post Open-source repository SourceHut to remove all cryptocurrency-related projects appeared first on TechRepublic.

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LLMs and Phishing

Schneier on Security

But while it’s an easy experiment to run, it misses the real risk of large language models (LLMs) writing scam emails. Today’s human-run scams aren’t limited by the number of people who respond to the initial email contact. So why were scammers still sending such obviously dubious emails?

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