Remove Encryption Remove Scams Remove Social Engineering
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How to Lose a Fortune with Just One Bad Click

Krebs on Security

Then came another call, this one allegedly from security personnel at Trezor , a company that makes encrypted hardware devices made to store cryptocurrency seed phrases securely offline. “No one gets arrested,” Daniel enthused to Junseth in the May 7 podcast, which quickly went viral on social media.

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A Day in the Life of a Prolific Voice Phishing Crew

Krebs on Security

Before we get to the Apple scam in detail, we need to revisit Tony’s case. Each participant in the call has a specific role, including: -The Caller: The person speaking and trying to social engineer the target. The Owner: The phishing panel owner, who will frequently listen in on and participate in scam calls.

Phishing 338
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Wanted: Disgruntled Employees to Deploy Ransomware

Krebs on Security

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. . For example, the Lockbit 2.0 “Would you like to earn millions of dollars?

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Cyber Criminals and Groceries?

SecureWorld News

In early May 2025, two of the United Kingdom's best-known grocers, Marks & Spencer (M&S) and the Co-op, as well as luxury retailer Harrods, were struck by sophisticated social-engineering attacks that tricked IT teams into resetting critical passwords and deploying ransomware across their networks.

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BEST PRACTICES: Mock attacks help local agencies, schools prepare for targeted cyber scams

The Last Watchdog

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. The total stolen: $2.3 The FBI is investigating. No arrests have been made.

Scams 147
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Columbus Ransomware Attack Exposes 500,000+ Residents’ Data: How to Stay Safe

eSecurity Planet

Implement Data Encryption & Backup Protocols Encrypting sensitive data adds a layer of protection by ensuring that even if data is accessed, it remains unreadable without proper decryption keys. Cybersecurity awareness training helps staff recognize phishing scams , social engineering attempts, and other threats.

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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).