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What Are Social Engineering Scams?

Identity IQ

What Are Social Engineering Scams? Thanks, Your CEO This common scenario is just one example of the many ways scammers may attempt to trick you through social engineering scams. Read on to learn how to recognize social engineering attacks, their consequences, and tactics to avoid falling for them.

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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). Phishing attacks.

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A new phishing scam targets American Express cardholders

Security Affairs

Upon clicking on the link in the message, victims are redirected to a fake American Express login page, which includes the company’s logo and a link to download the American Express app. The page was crafted to request the victims to enter their user ID and password. Pierluigi Paganini. SecurityAffairs – hacking, American Express).

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Email crypto phishing scams: stealing from hot and cold crypto wallets

SecureList

A typical phishing scam aimed at a hot wallet user works as follows: hackers send email messages addressed as coming from a well-known crypto exchange and requesting the user to confirm a transaction or verify their wallet again. This is essentially the main password for the wallet.

Scams 101
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23andMe user data stolen, offered for sale

Malwarebytes

In other words, cybercriminals succeeded in getting access to a number of 23andMe accounts where users had used the same password on both 23andMe and a website that had suffered a data breach. It works because users often use the same password for multiple websites. It's good in theory but fails in practice.

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Fla. Man Charged in SIM-Swapping Spree is Key Suspect in Hacker Groups Oktapus, Scattered Spider

Krebs on Security

2022 that an intrusion had exposed a “limited number” of Twilio customer accounts through a sophisticated social engineering attack designed to steal employee credentials. Those who submitted credentials were then prompted to provide the one-time password needed for multi-factor authentication. According to an Aug.

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167 counterfeit apps used for financial scams against Android and iOS users

SC Magazine

In a blog, Sophos researchers explain how the attackers – which the researchers believe could all be operated by the same group – used social engineering, counterfeit websites, including a fake iOS App Store download page, and an iOS app-testing website to distribute the fake apps to their victims.

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