BH Consulting

APRIL 30, 2025

Another lens on cybercrime comes courtesy of the FBIs Annual Internet Crime Report. Its top three cybercrimes, based on reports from victims, were: phishing/spoofing, extortion and personal data breaches. Diving into e-commerce scams MORE How threat actors used Zooms remote control feature for a crypto scam.

Data breaches

The Last Watchdog

DECEMBER 15, 2024

Revelations linked Chinese intelligence to contractors, Russian GRU officers to data destruction, and Iranian APTs to cybercrime collaboration. Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. If the U.S.

Cybersecurity

Security Affairs

OCTOBER 27, 2024

CISA adds ScienceLogic SL1 flaw to its Known Exploited Vulnerabilities catalog VMware failed to fully address vCenter Server RCE flaw CVE-2024-38812 Cisco states that data published on cybercrime forum was taken from public-facing DevHub environment Internet Archive was breached twice in a month Unknown threat actors exploit Roundcube Webmail flaw (..)

Data breaches

Security Affairs

MAY 27, 2025

Nova Scotia Power warned customers about phishing scams impersonating the utility to steal data. For some of our customers, bank account numbers (for pre-authorized payment) may also have been impacted, if this information was provided by these customers. ” reads the update.

Energy and Utilities

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. This is likely because threat actors perceive US-based organizations to be more financially capable of paying ransoms due to well-developed cyber insurance.

Cyber Attacks

Trend Micro

JUNE 10, 2025

6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime. Under Attack? close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC. close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC.

Cyber Risk

SecureWorld News

DECEMBER 27, 2024

Expect to see AI-enabled phishing campaigns, deepfake scams, and automated attacks grow in complexity. AI-powered scams will soar: As attackers leverage commoditized AI tools, scamsespecially romance, investment, and fraudwill grow more convincing and costly.

Cybersecurity

Trend Micro

JULY 2, 2025

6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime. Under Attack? close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC. close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC.

Cyber Risk

Krebs on Security

MAY 24, 2019

The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. based First American is a leading provider of title insurance and settlement services to the real estate and mortgage industries. According to the FBI, BEC scams are the most costly form of cybercrime today. Image: Linkedin.

Insurance

Joseph Steinberg

OCTOBER 24, 2022

The number of users who fell prey to the scam is as of yet unknown – but, other messages posted to the chat with complaints that a second shared link (also illegitimate) did not work properly seem to indicate that some people likely did, in fact, fall prey.

Cybersecurity

Krebs on Security

JULY 23, 2020

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2 billion in 2019.

Insurance

Krebs on Security

JUNE 30, 2021

A counterfeit check image [redacted] that was intended for a person helping this fraud gang print and mail phony checks tied to a raft of email-based scams. the “car wrap” scam ). ” A typical confirmation letter that accompanies a counterfeit check for a car wrap scam.

Scams

Krebs on Security

MAY 23, 2020

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. Meanwhile, a number of U.S.

Insurance

Krebs on Security

JUNE 18, 2021

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance

The Last Watchdog

JUNE 9, 2022

That said, here are what I consider to be the Top 5 online threats seniors face today: •Computer tech support scams. These scams take advantage of seniors’ lack of computer and cybersecurity knowledge. Once they get remote access, fraudsters hack confidential details of older adults and scam them. Romance Scam.

Identity Theft

Security Affairs

JUNE 10, 2021

Group-IB, a global threat hunting and adversarial cyber intelligence company specializing in the investigation and prevention of high-tech cybercrime, has published a comprehensive analysis of fraud cases on a global scale. . Insurance companies around the world are now suffering from phishing. Pierluigi Paganini.

Scams

Security Affairs

SEPTEMBER 4, 2021

The US Securities and Exchange Commission warns investors of potential investment scams that leverages Hurricane Ida as a bait. The US Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy is warning investors of potential investment scams related to Hurricane Ida. Pierluigi Paganini.

Scams

Krebs on Security

MARCH 5, 2024

Assuming Change Healthcare did pay to keep their data from being published, that strategy seems to have gone awry: Notchy said the list of affected Change Healthcare partners they’d stolen sensitive data from included Medicare and a host of other major insurance and pharmacy networks. “They are exit scamming their affiliates.

Healthcare

Krebs on Security

FEBRUARY 25, 2021

Labor Department’s inspector general said this week that roughly $100 million in fraudulent unemployment insurance claims were paid in 2020 to criminals who are already in jail. “Another elderly victim started weeping when they realized they weren’t getting a job and were the victim of a job scam. .”

Scams

Adam Levin

MARCH 16, 2020

billion in BEC scam-related losses the year before. “BEC/EAC is a sophisticated scam targeting both businesses and individuals performing a transfer of funds,” explained the report. ” The report warned that the methods used by hackers to perpetrate BEC scams were becoming more complicated and difficult to detect.

Scams

Krebs on Security

DECEMBER 29, 2022

Here’s a look at some of the more notable cybercrime stories from the past year, as covered by KrebsOnSecurity and elsewhere. 24, Russia invades Ukraine, and fault lines quickly begin to appear in the cybercrime underground. com, which was fed by pig butchering scams.

Cryptocurrency

SecureList

JUNE 26, 2023

Examples of scam threats and phishing Phishing and scam can pose a significant threat to SMBs, as scammers try to mimic payment, loan and other services, as well as cloud service providers like Microsoft, in order to obtain confidential information or company funds. Finally, the Trojan can install other malware, such as ransomware.

Cybercrime

Security Affairs

JANUARY 7, 2024

Experts spotted a new macOS Backdoor named SpectralBlur linked to North Korea Merck settles with insurers regarding a $1.4 Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Artificial Intelligence

Krebs on Security

AUGUST 17, 2023

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams.

Phishing

Webroot

SEPTEMBER 24, 2024

From ransomware attacks to phishing scams, hackers are becoming more sophisticated. Nation-states are teaming up with cybercrime gangs Cybercrime is no longer just about lone hackers. China is focusing on its political goals in the South China Sea, often collaborating with cybercrime rings like Storm-0558.

Cyber threats

SecureWorld News

MAY 22, 2023

More than 450 workers at the United States Postal Service (USPS) lost more than $1 million in a direct deposit scam that left postal workers without pay, angry at the USPS for not heeding warnings of the scheme, and the agency scrambling to figure out exactly what happened. And this is, sadly, an example of why both of those are so critical."

Scams

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches

SecureWorld News

AUGUST 26, 2021

million being transferred to foreign internet scam artists. Adding a wrench into the unfolding events, officials are still waiting to see if the town's insurance will cover the losses. Related to the topic of BEC, listen to our podcast episode, "The Enterprise Business Model of Cybercrime.". Since the town's budget is about $15.8

Scams

SecureWorld News

NOVEMBER 12, 2020

This is partly driven by cyber insurance and a growing number of organizations seeing this insurance as a business necessity: "Although cyber insurance policies existed since early 2000, ransomware attacks are one of the main reasons for the increased interest in this type of insurance during the last 5 years.

Cyber threats

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies. Slow Gains on Storage and Backup Security.

Backups

Identity IQ

OCTOBER 31, 2023

Scheumack is an expert in cybersecurity and has given numerous interviews on trending identity theft scams, including the rise of AI voice cloning scams. “We are honored to have IDIQ join our elite roster of CCOE Board Members with a focus on identity theft education.

Identity Theft

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. million (roughly $750 million) through authorized and unauthorized fraud and scams in the UK alone. Blocking scam text messages. Unauthorized payment card fraud. How can we help?

Scams

Security Affairs

SEPTEMBER 8, 2024

Head Mare hacktivist group targets Russia and Belarus Zyxel fixed critical OS command injection flaw in multiple routers VMware fixed a code execution flaw in Fusion hypervisor U.S.

Data breaches

Krebs on Security

SEPTEMBER 2, 2021

Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Bill said these crooks have figured out a way to tap into those benefits as well.

Accountability

SecureWorld News

NOVEMBER 22, 2021

Treasury's Office of the Comptroller of Currency (OCC), the Board of Governors of the Federal Reserve (Board), and the Federal Deposit Insurance Corporation (FDIC), has been approved in an effort to enforce reporting standards related to banks. Liebes said: "So, what is the impact of cybercrime? A new rule, backed by the U.S.

Banking

Malwarebytes

MARCH 10, 2021

This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks. This seems a reasonable assumption; lots of consumer and business victims of cybercrime do not want to publicize it.

Ransomware

eSecurity Planet

SEPTEMBER 14, 2022

Cybercrime is a growth industry like no other. There are dozens if not hundreds of types of scams out there, but we’re going to focus on the scams most likely to affect a business, such as phishing or business email compromise (BEC). Finance and insurance finished a close second at 22.4%. billion in reported losses.

Social Engineering