Remove Cybersecurity Remove Identity Theft Remove Risk Remove Social Engineering
article thumbnail

Solving Identity Theft Problems: 5 Actionable Tips

CyberSecurity Insiders

Identity theft (or ID theft) is not a new problem, but in today’s well-connected society it is a problem that grows at an incredible rate. . Put in a few words, ID theft is when someone pretends to be someone else, using their credentials and taking various actions in their name. 3: Two-Factor Authentication (2FA).

article thumbnail

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).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity Risks in IoT and Fleet Management Systems

IT Security Guru

Nevertheless, the development of IoT and fleet management systems brings up issues with cybersecurity risks. With this in mind, it is crucial for organizations to understand the possible implications of cybersecurity breaches in fleet management systems and take proactive actions to circumvent these risks.

IoT 57
article thumbnail

Why Security Fatigue Is a Huge Cybersecurity Risk

Security Boulevard

million by testing their cybersecurity incident response plan, but many choose not to. Failing to keep up with cybersecurity can have compounding effects. Security fatigue is a major risk for businesses. If employees aren't careful, they can fall for this social engineering tactic.

Risk 75
article thumbnail

Store manager admits SIM swapping his customers

Malwarebytes

SIM swapping can be done in a number of ways, but perhaps the most common involves a social engineering attack on the victim’s carrier. However, if you have a telecoms manager on your payroll then there’s no need for social engineering—they can just do the SIM swap for you.

article thumbnail

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. The publication said the judge overseeing Urban’s case denied bail because the defendant was a strong flight risk. 9, 2024, U.S. Twilio disclosed in Aug.

article thumbnail

AI used to fake voices of loved ones in “I’ve been in an accident” scam

Malwarebytes

In earlier days of scams like these, success depended a great deal on the criminal’s skills at social engineering, but rapid advancements in Artificial Intelligence (AI) mean scammers can now easily and convincingly fake the “voice” of the relative that is the supposed victim of the accident.

Scams 143