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The ‘Zelle Fraud’ Scam: How it Works, How to Fight Back

Krebs on Security

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.

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‘Tis the Season for the Wayward Package Phish

Krebs on Security

Here’s a look at a fairly elaborate SMS-based phishing scam that spoofs FedEx in a bid to extract personal and financial information from unwary recipients. com — from a desktop web browser redirects the visitor to a harmless page with ads for car insurance quotes. com, g001bfedeex[.]com, com, and so on.

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Karma Catches Up to Global Phishing Service 16Shop

Krebs on Security

The international police organization INTERPOL said last week it had shuttered the notorious 16Shop, a popular phishing-as-a-service platform launched in 2017 that made it simple for even complete novices to conduct complex and convincing phishing scams.

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Gift Card Gang Extracts Cash From 100k Inboxes Daily

Krebs on Security

Some of the most successful and lucrative online scams employ a “low-and-slow” approach — avoiding detection or interference from researchers and law enforcement agencies by stealing small bits of cash from many people over an extended period. Bill said these crooks have figured out a way to tap into those benefits as well.