SecureWorld News

MARCH 29, 2024

A stepping stone to impactful cybercrime This tactic has tangible real-world implications. A mix of social engineering, hacking, and abuse of legitimate services makes this style of online crime incredibly effective. The silver lining is that such scams are fairly easy to avoid.

Cybercrime 79

Cybercrime Advertising Engineering Antivirus 79

Krebs on Security

AUGUST 19, 2021

According to the latest figures (PDF) released by the FBI Internet Crime Complaint Center (IC3), the reported losses from BEC scams continue to dwarf other cybercrime loss categories, increasing to $1.86 billion in 2020. Image: FBI. Companies pay us the foreclosure for the decryption of files and prevention of data leak.”

Ransomware 355

Ransomware Social Engineering Cybercrime Scams 355

Security Boulevard

JANUARY 24, 2022

The post See No Evil, Hear No Evil: The Use of Deepfakes in Social Engineering Attacks appeared first on The State of Security. The post See No Evil, Hear No Evil: The Use of Deepfakes in Social Engineering Attacks appeared first on Security Boulevard.

Social Engineering 52

Social Engineering Engineering Artificial Intelligence Retail 52

Heimadal Security

FEBRUARY 14, 2023

Spain’s National Police and the United States Secret Service have busted a Madrid-based international cybercrime ring of nine members who stole over €5 million from individuals and North American businesses.

Phishing 82

Phishing Social Engineering Cybercrime Scams 82

SecureWorld News

FEBRUARY 1, 2023

The Better Business Bureau (BBB) recently released a report on the top Valentine's Day scams , which includes things such as impostor websites, romance scams, wrong number scams, and fake florist scams. million in a romance scam. Identities that have very little details tend to be fake profiles.

Scams 73

Scams Social Engineering CISO Engineering 73

SecureWorld News

JULY 13, 2023

In its latest research , SlashNext—a provider of multi-channel phishing and human hacking solutions—delves into the emerging use of generative AI, including OpenAI's ChatGPT, and the cybercrime tool WormGPT, in Business Email Compromise (BEC) attacks. Urgency is a key emotion that social engineers prey upon to induce actions."

Cybercrime 75

Cybercrime Social Engineering Phishing Engineering 75

Krebs on Security

DECEMBER 29, 2020

In almost every category — from epic breaches and ransomware to cybercrime justice and increasingly aggressive phishing and social engineering scams — 2020 was a year that truly went to eleven. Who’s Behind the ‘Web Listings’ Mail Scam? Would You Have Fallen for this Phone Scam?

Scams 260

Scams Social Engineering Cybercrime Advertising 260

The Last Watchdog

APRIL 6, 2020

This can make them particularly susceptible to social engineering trickery, the trigger for online extortion and fraud campaigns, Bastable told me. These scams rely on the failure of a subordinate employee to recognize a cleverly spoofed email directive. No arrests have been made. It’s simple fraud.”

Scams 147

Scams Social Engineering Ransomware Engineering 147

Krebs on Security

JANUARY 30, 2024

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. “Brickings” are among the “violence-as-a-service” offerings broadly available on many cybercrime channels.

Social Engineering 305

Social Engineering Mobile Cybercrime Passwords 305

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 130

Scams Identity Theft Phishing Accountability 130

Security Through Education

JANUARY 18, 2023

The truth is technology has grown at an exponential rate and so has cybercrime. Cybercrime doesn’t just affect big businesses and national governments. Impersonation Scams. Although BEC attacks may be targeted at business, they can also be used to scam individual people. What You Can Do.

Cybersecurity 98

Cybersecurity Social Engineering Scams IoT 98

Security Affairs

OCTOBER 17, 2023

According to Statista.com, the impact of cybercrime is expected to reach almost $13 trillion this year. With 85% of campaigns targeting victims with phishing emails containing malicious links, another form of a social engineering attack, education and cyber vigiliance remain a high priority. You should always stop and verify.

Social Engineering 115

Social Engineering Ransomware Engineering Phishing 115

Dark Reading

JUNE 10, 2019

A one-man 419 scam evolved into a lucrative social-engineering syndicate over the past decade that conducts a combination of business email compromise, romance, and financial fraud.

Social Engineering 86

Social Engineering Cybercrime Scams Engineering 86

Security Affairs

SEPTEMBER 5, 2022

Below are the recommendations provided by Armorblox to identify phishing messages: Augment native email security with additional controls; Watch out for social engineering cues; Follow multi-factor authentication and password management best practices; Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

Phishing 99

Phishing Scams Social Engineering Password Management 99

SC Magazine

APRIL 8, 2021

No wonder scam artists are taking notice and jumping on the bandwagon. Shashi Prakash, chief technology officer and chief scientist at Bolster, told SC Media that NFTs are especially ripe for scamming right now because of the very fact that some people are chasing this fad without really understanding how the process works.

Scams 137

Scams Cryptocurrency Phishing Marketing 137

SecureWorld News

MARCH 22, 2021

The FBI notes that the Internet Crime Complaint Center (IC3) has been key to its mission to track cybercrimes. The IC3 "provides the public with a trustworthy source for information on cyber criminal activity," and also is a useful tool for victims to report a cybercrime. The IC3 received 19,369 reports of BEC/EAC scams in 2020. "In

Cybercrime 54

Cybercrime Scams Banking Accountability 54

Malwarebytes

JUNE 8, 2021

A Latvian woman has been charged for their alleged role in a transnational cybercrime organisation. Money mules and spear phishing are thrown into the mix alongside social engineering and international theft of money, personal, and confidential information. Big scams, big numbers. What happened this week, you ask?

Cybercrime 107

Cybercrime Malware Banking Phishing 107

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. This was a not an incredibly technical attack.

Scams 80

Scams Password Management Passwords Authentication 80

SecureWorld News

DECEMBER 2, 2021

BEC attacks start because an actor steals information, then uses social engineering techniques to get the victim to transfer funds into a false account. Form a relationship with law enforcement and report cybercrimes. Cybercrimes are severely underreported, but here is a great reason why it is critical to report attacks.

Cybercrime 75

Cybercrime Healthcare Social Engineering Banking 75

Security Affairs

OCTOBER 30, 2021

INTERPOL published the African Cyberthreat Assessment Report 2021, a report that analyzes evolution of cybercrime in Africa. A new report published by INTERPOL, titled the African Cyberthreat Assessment Report 2021 , sheds the light on cybercrime in Africa.

Cybercrime 76

Cybercrime Scams DDOS Banking 76

Hot for Security

MARCH 19, 2021

BEC/EAC is a sophisticated scam targeting both businesses and individuals performing transfers of funds,” the bureau’s cyber squad explains. The scam is frequently carried out when a subject compromises legitimate business email accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.”.

Ransomware 87

Ransomware Identity Theft Scams Social Engineering 87

SecureWorld News

DECEMBER 14, 2022

Frank Abagnale, one of the world's most respected authorities on forgery, embezzlement, secure documents, cybercrime, and scams—and subject of the 2002 movie Catch Me If You Can — kicked off Vision 2023: Looking Ahead at Cyber Threats , a half-day educational event held live and recorded on December 13th.

Social Engineering 68

Social Engineering CISO Education Cybercrime 68

SecureWorld News

MAY 31, 2023

Eastern, and will provide viewers with information they need to understand the future of cybercrime and give them tools to stop it. Rachel was also a winner of DEF CON's wild spectator sport, the Social Engineering Capture the Flag contest, three years in a row.

Social Engineering 68

Social Engineering Artificial Intelligence Engineering Cybercrime 68

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. This includes fraudulent advertising on search engines, fake websites and posts on social media.

Scams 77

Scams Banking Cyber Insurance Phishing 77

Security Affairs

JANUARY 3, 2024

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. These methods are commonly employed in wire fraud and well-known bogus invoice scams. billion on organizations.

Artificial Intelligence 119

Artificial Intelligence Banking Scams Cybercrime 119

CyberSecurity Insiders

OCTOBER 14, 2021

This gang of cybercriminals targets individuals within an organization with social engineering tactics designed to fool them into opening a document from a ZIP file attached to an email. How do hackers use social engineering? How to spot their scam and protect yourself. OnePercent Group attacks. ” Conclusion.

Social Engineering 133

Social Engineering Ransomware Engineering Phishing 133

Krebs on Security

APRIL 30, 2020

These restrictions have created a burgeoning underground market for reshipping scams, which rely on willing or unwitting residents in the United States and Europe — derisively referred to as “ reshipping mules ” — to receive and relay high-dollar stolen goods to crooks living in the embargoed areas.

Cybercrime 299

Cybercrime Computers and Electronics Marketing Scams 299

The Last Watchdog

APRIL 28, 2020

Related: Coronavirus scams leverage email As we get deeper into dealing with the coronavirus outbreak, the need for authorities and experts to communicate reliably and effectively with each other, as well as to the general public, is vital. That, of course, presents the perfect environment for cybercrime that pivots off social engineering.

Social Engineering 131

Social Engineering Cyber Attacks Scams Engineering 131

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). Social Tactics. In 2021 alone, IC3 received 847,376 complaints which amounted to $6.9

Social Engineering 115

Social Engineering Energy and Utilities Phishing Scams 115

Digital Shadows

NOVEMBER 9, 2023

QR code phishing is a growing threat that attackers use to deceive targets into clicking on malicious links that elicit their personal information.

Phishing 103

Phishing Scams Social Engineering Engineering 103

Krebs on Security

AUGUST 19, 2020

Allen said a typical voice phishing or “vishing” attack by this group involves at least two perpetrators: One who is social engineering the target over the phone, and another co-conspirator who takes any credentials entered at the phishing page and quickly uses them to log in to the target company’s VPN platform in real-time.

Phishing 353

Phishing VPN Social Engineering Media 353

Identity IQ

FEBRUARY 14, 2024

What Is Spear Phishing and How to Avoid It IdentityIQ Have you ever clicked a suspicious link or opened an unexpected attachment, only to realize it was a scam? Spear phishing is a targeted form of cybercrime that focuses on specific individuals or organizations. What Is Spear Phishing?

Phishing 85

Phishing Identity Theft Social Engineering Scams 85

Malwarebytes

AUGUST 7, 2022

Sadly this makes the subject valuable material for fraudsters, playing into people’s fears with a dash of social engineering to make them worse off than they were previously. Warnings abound of several energy / cost of living-themed scams doing the rounds. Energy refund scam types. Shall we take a look?

Scams 83

Scams Social Engineering Banking Phishing 83

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

Malwarebytes

FEBRUARY 12, 2021

Threat actors involved in tech support scams have been running a browser locker campaign from November 2020 until February 2021 on the world’s largest adult platforms including PornHub. In all, we detected close to 100 decoy domain names set up as “advertising landing pages” used to redirect victims to browser locker scams.

Scams 88

Scams Advertising Spyware Mobile 88

SecureWorld News

MAY 30, 2023

The problem isn't that people may use this tool to make their lives easier, it's that people may use it to commit cybercrime, and do it way more efficiently and effectively. Users with bad intent are capable of developing and spreading malware, creating phishing emails, conducting social engineering attacks, and generating scams in seconds.

Artificial Intelligence 73

Artificial Intelligence CISO Social Engineering Financial Services 73

SecureList

NOVEMBER 28, 2022

Although the main types of threats (phishing, scams, malware, etc.) These schemes can be very similar to the streaming scams that we have been observing for the past several years. Besides possible leaks, we expect to see the increase in scams that target these games, as well as in Trojans disguised as those games.

Education 118

Education Phishing Scams Social Engineering 118