Remove Retail Remove Scams Remove Social Engineering
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Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday

Thales Cloud Protection & Licensing

Protecting Retailers Against Cyber Risks on Black Friday and Cyber Monday josh.pearson@t… Tue, 11/26/2024 - 08:01 As Black Friday and Cyber Monday loom, the stakes for retailers extend far beyond enticing deals and record sales. With retail sales during 2024 set to grow to between $5.23 trillion and $5.28 trillion and $5.28

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Romantic Lawsuit for Two? Don't Let Cybercriminals Scam You this Valentine's Day

SecureWorld News

Be wary of romance scams "People can be vulnerable on February 14th," said Dave Machin , Partner at The Berkeley Partnership. "If If you're using a dating app or social media, watch out for people who claim to fall for you really fast but avoid video calls, meetups, or providing personal details."

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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. retail industry.

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‘Treacherous Territory’: Cyber Experts Warn of Unprecedented Threats

eSecurity Planet

Scattered Spider is known for using clever social engineering to trick IT help desks into bypassing security protocols, especially multi-factor authentication (MFA). Insurance and payroll firms also breached Beyond airlines and retailers, insurance and benefits providers are also under siege.

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AI-Driven Fraud and Impersonation: The New Face of Financial Crime

SecureWorld News

Introduction: A high-tech twist on age-old scams Impersonation fraud is not new, but the scale and believability of recent AI-driven schemes pose an unprecedented threat to financial organizations. In 2025, U.S. Figure 1: Projected U.S. What used to require Hollywood-level resources can now be done with off-the-shelf AI tools.

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Coinbase Rejects $20M Ransom After Insider Data Leak, Faces Up to $400M in Fallout

eSecurity Planet

The stolen information was then used in social engineering scams that tricked users into giving away their crypto. Coinbase is pledging to reimburse retail customers who were tricked into sending funds to the scammers, so long as the transfers were directly linked to this incident and occurred before May 15.

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New AI “agents” could hold people for ransom in 2025

Malwarebytes

The same is true for all text-based social engineering tricks, as AI chat tools can write alluring direct messages for romance scams and craft urgent-sounding texts that can fool people into clicking on links that carry malware. Importantly, the attack methods here are not new. The truth is that AI is here to stay.