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Ransomware threat to elders and youngsters falling for Instagram Cyber Scams

CyberSecurity Insiders

In the latest report released by Avast, it was revealed that ransomware spreading hackers were constantly targeting elderly people and youngsters were being lured into Instagram or TikTok scams. And this is where cyber criminals are smartly targeting these groups with scams by adopting the current trending topics or usage trends.

Scams 117
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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. 9, 2024, U.S. technology companies during the summer of 2022. Prosecutors say Noah Michael Urban of Palm Coast, Fla., Twilio disclosed in Aug.

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Job scams impersonate companies still hiring following tech layoffs

Security Boulevard

Summary In the midst of significant layoffs hitting the previously immune tech industry, scammers have mobilized and doubled down on targeting job seekers with various employment scams. Fig 8 - Source code showing commented-out credit card validation element The malicious domain used in this scam - zscaler-finance-analyst-strategy[.]live,

Scams 131
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Australia Recorded the Highest Rate of iOS & Android App Threats

Appknox

The risks to the privacy of Australian customers are at an all-time high, as the nation has reported the highest percentage of mobile threats globally, standing at 26.9%. The average Australian netizen uses web-based mobile apps to browse, entertain, communicate, and shop online. Australian Mobile Cybersecurity in 2022.

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How to Detect and Respond to Account Misuse

Identity IQ

According to the Identity Theft Resource Center (ITRC), last year there was a 13% increase in reports of misuse for both new and existing accounts compared to the year prior. Account misuse can result in alarming repercussions, including privacy breaches, financial losses, and identity theft.

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How Does Credit Card Fraud Work?

Identity IQ

Although most people think of money and theft when it comes to credit card fraud, it’s also a form of identity theft. Someone claims to be you and uses your resources and identity to make purchases. Social Engineering Social engineering is one of the more devious types of credit card fraud.

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Cybercriminals Implemented Artificial Intelligence (AI) for Invoice Fraud

Security Affairs

Resecurity has uncovered a cybercriminal faction known as “ GXC Team “, who specializes in crafting tools for online banking theft, ecommerce deception, and internet scams. These methods are commonly employed in wire fraud and well-known bogus invoice scams. billion on organizations.