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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).

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A new phishing scam targets American Express cardholders

Security Affairs

Once opened, the email appears as a legitimate email communication from American Express, while the content instructs the cardholder on how to view the secure, encrypted message attached. The post A new phishing scam targets American Express cardholders appeared first on Security Affairs. Pierluigi Paganini.

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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.

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Black Basta Ransomware Attack: Microsoft Quick Assist Flaw

Security Boulevard

Recent reports claim that the Microsoft Threat Intelligence team stated that a cybercriminal group, identified as Storm-1811, has been exploiting Microsoft’s Quick Assist tool in a series of social engineering attacks. This group is known for deploying the Black Basta ransomware attack.

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Logistics giant warns of scams following ransomware attack

Malwarebytes

Criminals could use the leaked data to make social engineering attacks more believable, so Hellmann is asking people that do business with it to look out for fraudulent mails and calls. While companies can use backups to recover from data encryption without paying the ransom, they can’t use them to contain leaks.

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Text-based fraud: from 419 scams to vishing

SecureList

E-mail scammers typically combine social engineering with technical skills to bypass spam filters and persuade the recipient to reply. In terms of topics and techniques, text-based fraud can be divided into several types: Dating scams. Let’s take a look at these types of scams and see why they work. Dating scams.

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Scams 101: All you need to know to protect against online fraud and identity theft

Hot for Security

Internet scams are everywhere, inflicting billions of dollars in reported losses from victims each year. Anyone can fall for online scams, as tactics are tailored to the interests of all age groups. Let’s take a closer look at some of the most common scams: Coronavirus-related scams. IRS and Bank-related scams.

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