Zero Day

JULY 17, 2025

AI has made scam artists much more powerful - but the technology also offers solutions to the very problems it's exacerbating. PT d3sign/Getty Imageds When most people think of AI, the first thing that probably comes to mind isn't superintelligence or the promise of agents to boost productivity , but scams. 

Artificial Intelligence

Krebs on Security

NOVEMBER 19, 2021

What follows is a deep dive into how this increasingly clever Zelle fraud scam typically works, and what victims can do about it. Last week’s story warned that scammers are blasting out text messages about suspicious bank transfers as a pretext for immediately calling and scamming anyone who responds via text.

Scams

Krebs on Security

APRIL 28, 2020

You may have heard that today’s phone fraudsters like to use use caller ID spoofing services to make their scam calls seem more believable. But such records are ideally suited for criminals engaged in the type of phone scams that are the subject of this article.

Scams

Krebs on Security

MARCH 23, 2020

after receiving what looked like a bill for search engine optimization (SEO) services rendered on behalf of their domain names. The story concluded that this dubious service had been scamming people and companies for more than a decade, and promised a Part II to explore who was behind Web Listings.

Scams

Digital Guardian

AUGUST 2, 2021

To tamp down on fraud and fight back against a new investment scam, the FBI and SEC is providing new guidance for investors to combat imposters.

Financial Services

Adam Levin

NOVEMBER 17, 2020

Here are 50 ways to avoid getting scammed on Black Friday — and beyond. Popular browsers, like Safari or Firefox, frequently issue updates to protect against scams. In one of the tried-and-true scams of Christmas , fraudsters phish by sending their targets texts or emails about “delivery issues” or false-shipping notifications.

Scams

Krebs on Security

JULY 23, 2020

According to a filing (PDF) by the New York State Department of Financial Services (DFS), the weakness that exposed the documents was first introduced during an application software update in May 2014 and went undetected for years. According to the FBI, BEC scams are the most costly form of cybercrime today.

Insurance

Adam Levin

SEPTEMBER 5, 2019

Some of the information out there was granular enough to allow a variety of scams, but the most serious is SIM-card swapping scams, where a criminal, armed with enough information about you, and most crucially your phone number, arranges to have your number moved to a phone in the criminal’s possession. . Introducing the legacy fail.

Scams

Krebs on Security

JULY 21, 2022

The term “pig butchering” refers to a time-tested, heavily scripted, and human-intensive process of using fake profiles on dating apps and social media to lure people into investing in elaborate scams. In a more visceral sense, pig butchering means fattening up a prey before the slaughter. “The scale of this is so massive.

Scams

Krebs on Security

OCTOBER 7, 2022

who in April 2022 opened an investigation into fraud tied to Zelle , the “peer-to-peer” digital payment service used by many financial institutions that allows customers to quickly send cash to friends and family. “In the vast majority of these cases, the banks did not repay the customers that reported being scammed.

Banking

Krebs on Security

JUNE 18, 2021

The records exposed by First American would have been a virtual gold mine for phishers and scammers involved in Business Email Compromise (BEC) scams, which often impersonate real estate agents, closing agencies, title and escrow firms in a bid to trick property buyers into wiring funds to fraudsters. That inquiry is ongoing.

Insurance

The Last Watchdog

APRIL 7, 2020

Here are key takeaways: Romance scams Like many modern companies, Zoosk, the popular San Francisco-based dating site, rests on infrastructure that’s predominantly cloud-based. Zoosk’s core service is delivered via a mobile app that has 20 different registration and/or login pages – all are API driven. “So We spoke at RSA 2020.

Mobile

SecureWorld News

JANUARY 28, 2021

This has resulted in many of those targeted falling for the scam. Reaction to phishing scams. This recent phishing scam has caused some concern within the cybersecurity community. Contact CIFAS (the UK’s Fraud Prevention Service) to apply for protective registration. COVID-19 related phishing emails.

Scams

The Last Watchdog

FEBRUARY 11, 2024

It seems every day we hear of another breach, another scam, another attack on anything from a small business to a critical aspect of our nation’s infrastructure. Regulatory overload Firms in the financial services industry are staring down the bottom of the regulatory barrel coming into 2024.

Cyber Risk

Identity IQ

NOVEMBER 12, 2021

Identity Theft: The Stark Reality found financial loss related to identity theft rose by approximately 42% in 2020. If you’re aware of the most common identity theft scams, you can take simple actions to eliminate some of your vulnerabilities. The post 8 Common Identity Theft Scams appeared first on IdentityIQ.

Identity Theft

CSO Magazine

JUNE 12, 2023

The attack , which Microsoft researchers call multi-stage adversary-in-the-middle (AiTM) phishing, started with a compromise at a trusted vendor and targeted organizations from the banking and financial services sectors. To read this article in full, please click here

Scams

Security Affairs

FEBRUARY 27, 2023

Once payments are collected from the victims, they make previously created resources vanish and set up the next new campaign – this is why investigators named the group “Digital Smoke” According to the latest report by FTC released last week called “The Top Scams of 2022” people reported losing $8.8

Scams

Adam Levin

NOVEMBER 30, 2018

This is a tremendous blow to consumers who trusted their information would be safe, and represents a potentially life-changing situation for anyone affected since there is enough information to make virtually any identity theft scam possible. Follow the three Ms: 1. Minimize your exposure. Manage the damage.

Identity Theft

Hot for Security

APRIL 20, 2021

Although pension scam reports have decreased considerably since 2014, the agency has received 107 notifications from swindled savers between January and March 2021 – a 45% increase compared to the same period in 2020. How to protect against pension scams.

Scams

Zero Day

SEPTEMBER 18, 2024

The move comes amid growing phishing attacks targeting the financial services sector; most impacted by brand impersonation scams.

Authentication

Security Affairs

DECEMBER 7, 2023

“The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan recommends customers be vigilant and look out for any suspicious or scam activities. ” reads the statement published by the company on its website. .”

Cyber Attacks

CyberSecurity Insiders

APRIL 4, 2023

Widespread accessibility to generative AI tools, like ChatGPT, as well as the increasing sophistication of nation-state actors, means that email scams are more convincing than ever. 73% of employees working in financial services organizations have noticed an increase in the frequency of scam emails and texts in the last 6 months.

Cyber Attacks

Security Affairs

DECEMBER 22, 2023

The Australian and New Zealand Nissan Corporation and Financial Services (“Nissan”) advises that its systems have been subject to a cyber incident. Nissan recommends customers be vigilant and look out for any suspicious or scam activities. reads the statement published by the company on its website. and nissan.co.nz.

Ransomware

Identity IQ

NOVEMBER 18, 2021

And trusting financial service providers, such as banks, to keep your loved ones safe, simply isn’t enough security all of the time. According to USA Today, she was scammed $700,000 in what is called a “grandparent scam.” Recently, a Florida woman was told her granddaughter was in legal trouble by scammers.

Identity Theft

Security Affairs

FEBRUARY 28, 2024

Targeted Sector Vulnerabilities: Financial Services, IT, Healthcare, Education, and Government sectors have emerged as primary targets, with attackers fine-tuning their strategies to exploit specific vulnerabilities within these industries.

Phishing

Security Affairs

OCTOBER 6, 2022

The Australian Federal Police (AFP) arrested a 19-year-old teen from Sydney for attempting to use data from the Optus data breach in SMS scams. “ A Sydney man, 19, has been charged for allegedly attempting to misuse stolen Optus customer data in a text message blackmail scam.” million individuals. million individuals.

Data breaches

Approachable Cyber Threats

JANUARY 4, 2023

They can also use text messages to entice victims to click on links in scams known as “smishing.” “OK, The word “smishing” has become a legitimate term that combines the words “Short Message Service (SMS)” and “ Phishing ”. So what do smishing scams look like?” You can also forward the scam text to 7726 (SPAM).

Scams

Security Affairs

APRIL 30, 2020

ybercriminals behind the PerSwaysion campaign gained access to many confidential corporate MS Office365 emails of mainly financial service companies, law firms, and real estate groups. The account access could be sold in bulk to other cybercriminals to conduct traditional monetary scams.

Phishing

Security Affairs

MARCH 19, 2022

. “AvosLocker is a Ransomware as a Service (RaaS) affiliate-based group that has targeted victims across multiple critical infrastructure sectors in the United States including, but not limited to, the Financial Services, Critical Manufacturing, and Government Facilities sectors. ransomware and phishing scams).

Ransomware

Thales Cloud Protection & Licensing

JANUARY 26, 2021

The increasing trend of using mobile payments for in-store purchases (especially during the pandemic) is leading criminals to increasingly focus their efforts on defrauding people through online fraud and scams. Fraud and scams move to the web. Online skimming.

Banking

SecureList

NOVEMBER 23, 2022

The risk of being scammed runs even higher. While on ordinary days, the customer can easily see that if the product is too cheap, it is most likely a scam, during the Black Friday sales, it gets harder to tell. Instead of being the first among buyers, they will join the ranks of scam victims. Phishing and scam: red flags.

Phishing

CyberSecurity Insiders

MAY 24, 2023

billion in 2022 due to imposter scams, according to U.S. Everyone knows someone who has fallen victim to a phishing-based brandjacking scam,” said Alex Pinchev, Founder and Managing Partner at Capri Ventures. Memcyco is trusted by leaders in financial services, eCommerce and other industries.

eCommerce

SecureWorld News

MAY 30, 2023

In the recent SecureWorld Financial Services virtual conference , Mike Britton and Dan Sheiber of Abnormal Security joined Adam Pendleton, CISO of LendingPoint, to discuss ChatGPT's impressive capabilities. But it is powerful, and the danger lies with what can be done using the chatbot tool.

Artificial Intelligence

The Last Watchdog

NOVEMBER 9, 2020

IoT-enabled scams and hacks quickly ramped up to a high level – and can be expected to accelerate through 2021 and beyond. In one very recent caper, the attackers targeted the CFO of a financial services firm, as he worked from home, Sherman says. In response, threat actors are hustling to take full advantage.

IoT

Security Affairs

MARCH 24, 2021

Forex trading may be dominated by banks and global financial services but, thanks to the Internet, the average person can today dabble directly in forex, securities and commodities trading. Scams, Phishing and Malware. Leaked contact information may be used to launch scam, phishing and malware attacks against FBS users.

Passwords

Malwarebytes

MARCH 13, 2023

These scams usually offer the victims large returns with minimal risk. Crypto-investment fraud saw an incredible growth in 2022, both in number of scams and in the amount of damage done. Common scam opening lines may involve: sports, golfing, travel, fitness. Retirement, 401K, Ponzi, Pyramid, etc.).”

Cryptocurrency

Malwarebytes

APRIL 12, 2022

According to WSJ , one dev claimed they were told it was “collecting data on behalf of internet service providers”. These supposed ISPs were complemented by financial service/energy companies. Simply hoping that it isn’t a scam from top to bottom won’t save you from a rogue install.

Mobile