Tag: scam
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$12B Scam Market Tudou Guarantee Shuts Down
Telegram-Based Marketplace Closes After Prince Group Founder’s Arrest. Telegram marketplace Tudou Guarantee, which processed over $12 billion in fraud transactions, has ceased operations following the arrest of Prince Group chairman Chen Zhi, who was extradited to China in January. Elliptic said it was the third-largest illicit marketplace of all time. First seen on govinfosecurity.com Jump…
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Scam Marketplace Tudou Guarantee Shutters Telegram Ops
A notorious marketplace for fraud, Tudou Guarantee, appears to have closed its public Telegram groups First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/scam-market-tudou-guarantee-shut/
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Google Chrome now lets you turn off on-device AI model powering scam detection
Google Chrome now lets you delete the local AI models that power the “Enhanced Protection” feature, which was upgraded with AI capabilities last year. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/artificial-intelligence/google-chrome-now-lets-you-turn-off-on-device-ai-model-powering-scam-detection/
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New PayPal Scam Sends Verified Invoices With Fake Support Numbers
Hackread.com exclusive: Scammers are using verified PayPal invoices to launch callback phishing attacks. Learn how the “Alexzander” invoice bypasses Google filters. First seen on hackread.com Jump to article: hackread.com/paypal-scam-verified-invoices-fake-support-numbers/
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Microsoft disrupts RedVDS cybercrime platform behind $40 million in scam losses
Microsoft and law enforcement partners took down a popular cybercriminal subscription service called RedVDS that was used to enable more than $40 million in fraud losses in the United States alone. First seen on therecord.media Jump to article: therecord.media/microsoft-redvds-cybercrime-scam
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Impersonation Fraud Drives Record $17bn in Crypto Losses
Chainalysis estimates $17bn will be lost to crypto scams in 2025 as AI takes hold First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/impersonation-fraud-record-17bn/
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Cyber Fraud Takes the Lead: What the Shift Away From Ransomware Signals for Enterprises
A new global assessment shows that cyber fraud has overtaken ransomware as the top cybersecurity concern for business leaders, driven by a sharp rise in phishing, business email compromise, and identity-based scams, according to the World Economic Forum. While ransomware continues to pose a serious risk, this shift highlights a critical change in attacker behavior.…
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Service Providers Help Pig Butcher Scammers Scale Operations: Infoblox
Service providers are delivering infrastructure, tools, and expertise and giving rise to pig-butchering-as-a-service models that are enabling the Asian crime syndicates running massive investment and romance scams to through industrial-scale compounds around the world at a larger scale and for a lower cost. First seen on securityboulevard.com Jump to article: securityboulevard.com/2026/01/service-providers-help-pig-butcher-scammers-scale-operations-infoblox/
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More than 40 countries impacted by North Korea IT worker scams, crypto thefts
Eleven countries led a session at the UN headquarters in New York centered around a 140-page report released last fall that covered North Korea’s extensive cyber-focused efforts to fund its nuclear and ballistic weapons program. First seen on therecord.media Jump to article: therecord.media/40-countries-impacted-nk-it-thefts-united-nations
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Betterment confirms data breach after wave of crypto scam emails
U.S. digital investment advisor Betterment confirmed that hackers breached its systems and sent fake crypto-related messages to some customers. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/betterment-confirms-data-breach-after-wave-of-crypto-scam-emails/
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Betterment confirms data breach after wave of crypto scam emails
U.S. digital investment advisor Betterment confirmed that hackers breached its systems and sent fake crypto-related messages to some customers. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/betterment-confirms-data-breach-after-wave-of-crypto-scam-emails/
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Convincing LinkedIn comment-reply tactic used in new phishing
Scammers are flooding LinkedIn posts with fake “reply” comments that appear to come from the platform, warning of bogus policy violations and urging users to click external links. Some even abuse LinkedIn’s official lnkd.in shortener, making the phishing attempts harder to spot. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/convincing-linkedin-comment-reply-tactic-used-in-new-phishing/
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AI-Powered Crypto Scams Drive Record $17B Losses in 2025
Research by Chainalysis reveals that AI-powered impersonation tactics have exploded by an unprecedented 1,400% year-over-year. The post AI-Powered Crypto Scams Drive Record $17B Losses in 2025 appeared first on TechRepublic. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/news-2025-crypto-scam-losses/
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Phishing Scams Exploit Browserthe-Browser Attacks to Steal Facebook Passwords
Cybersecurity researchers issue warning over a surge in attacks designed to trick Facebook users into handing over login credentials First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/phishing-scams-exploit-browser/
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Betterment Customer Data Exposed in Crypto Scam Hack
The breach occurred through a compromised third-party marketing platform, allowing attackers to impersonate the trusted financial service. The post Betterment Customer Data Exposed in Crypto Scam Hack appeared first on TechRepublic. First seen on techrepublic.com Jump to article: www.techrepublic.com/article/news-betterment-crypto-scam-hack/
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Spanish police disrupt Black Axe, arrest alleged leaders in action spanning four cities
The criminal organization specialized in business email compromise scams and generated billions of dollars in criminal proceeds annually from many small-scale operations, officials said. First seen on cyberscoop.com Jump to article: cyberscoop.com/black-axe-disruption-arrests-spain/
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Fake Employee Reports Spread Guloader and Remcos RAT Malware
Scammers are using fake October 2025 performance reviews to trick staff into installing Guloader and Remcos RAT malware. Learn how to identify this threat and protect your personal data from remote hackers. First seen on hackread.com Jump to article: hackread.com/fake-employee-reports-guloader-remcos-rat-malware/
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Web3 Dev Environments Hit by Fake Interview Software Scam
Web3 and cryptocurrency developers are facing a new wave of targeted attacks driven not by cold outreach, but by carefully engineered “inbound” traps. Instead of chasing victims through phishing emails or unsolicited Telegram messages, threat actors are now building fake companies, posting appealing job openings, and waiting for high-value targets to walk into their infrastructure.…
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Criminal Networks Get a Boost from New Pig-Butchering-asService Toolkits
The scam industry has undergone massive transformations over the past decade. The cliché image of the once-iconic Nigerian prince duping Westerners from a local cybercafé is now obsolete. One of the key drivers fueling the ongoing sha zhu pan (pig butchering) epidemic is the emergence of service providers supplying criminal networks with the tools, infrastructure,…
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World Economic Forum: Cyber-fraud overtakes ransomware as business leaders’ top cyber-security concern
“Pervasive” threat of phishing, invoice scams and other cyber-enabled fraud is at “record highs”, warns WEF Cybersecurity Outlook 2026 First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/fraud-overtakes-ransomware-as-top/
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New OPCOPRO Scam Uses AI and Fake WhatsApp Groups to Defraud Victim
Meet OPCOPRO, an online scam that builds a fake AI-run world like The Truman Show using WhatsApp and apps to steal IDs via fake KYC and investments. First seen on hackread.com Jump to article: hackread.com/opcopro-scam-ai-fake-whatsapp-groups-fraud/
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Researchers Uncover Service Providers Fueling Industrial-Scale Pig Butchering Fraud
Cybersecurity researchers have shed light on two service providers that supply online criminal networks with the necessary tools and infrastructure to fuel the pig butchering-as-a-service (PBaaS) economy.At least since 2016, Chinese-speaking criminal groups have erected industrial-scale scam centers across Southeast Asia, creating special economic zones that are devoted to fraudulent investment First seen on thehackernews.com…
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New “Penguin” Platform Sells Pig-Butchering Kits, PII, and Stolen Accounts
The industrialization of pig butchering scams has reached a critical tipping point. A sprawling Pig Butchering-as-a-Service (PBaaS) economy has emerged across Southeast Asia, offering turnkey scam platforms, stolen identities, pre-registered SIM cards, mobile applications, payment infrastructure, and shell company formation services. PBaaS enable fraudsters to scale romance and investment fraud operations with unprecedented ease and minimal…
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Europol Raids Disrupt Black Axe Cybercrime Ring in Spain
Authorities caught 34 members of the notorious Black Axe gang in Spain known for stealing millions of Euros through online romance scams and email fraud. First seen on hackread.com Jump to article: hackread.com/europol-black-axe-cybercrime-ring-spain/
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ICE Can Now Spy on Every Phone in Your Neighborhood
Plus: Iran shuts down its internet amid sweeping protests, an alleged scam boss gets extradited to China, and more. First seen on wired.com Jump to article: www.wired.com/story/security-news-this-week-ice-can-now-spy-on-every-phone-in-your-neighborhood/
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Security News This Week: ICE Can Now Spy on Every Phone in Your Neighborhood
Plus: Iran shuts down its internet amid sweeping protests, an alleged scam boss gets extradited to China, and more. First seen on wired.com Jump to article: www.wired.com/story/security-news-this-week-ice-can-now-spy-on-every-phone-in-your-neighborhood/
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Investment Scam mit falscher Investoren-Community mittels KI
Sicherheitsforscher warnen vor neuartiger Betrugsmasche, bei der Opfer in eine vollständig gefälschte Anleger-Welt gelockt werden. Die verseuchte App ist noch immer im Apple App Store verfügbar. First seen on it-daily.net Jump to article: www.it-daily.net/it-sicherheit/cybercrime/investment-scam-ki
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Europol Leads Global Crackdown on Black Axe Cybercrime Gang, 34 Arrested
Europol-backed operation targets group behind numerous BEC attacks and romance scams First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/europol-crackdown-on-black-axe/
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AI-Powered Truman Show Operation Industrializes Investment Fraud
Check Point has uncovered a vast, AI-powered scam operation dubbed the “Truman Show” First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/ai-truman-show-industrializes/