Tag: scam
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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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$15 Billion Pig Butchering Scam Boss Chen Zhi Extradited to China
Billionaire Chen Zhi and associates Xu Ji Liang and Shao Ji Hui have been extradited to China. This exclusive report details the collapse of the Prince Group’s global scam network, the seizure of $15 billion in Bitcoin, and the forced labour camps behind the billion-dollar pig butchering fraud. First seen on hackread.com Jump to article:…
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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/
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New DocuSign-Themed Phishing Scam Delivers Stealth Malware to Windows Devices
New research has uncovered asophisticated phishingcampaign that abusesDocuSign’sbrand to deliver Vidar malware and infect Windows systems. The operation uses a realistic phishing site, a fake signed installer, access-code checks, andtimebasedexecution barriers to evade both users and automated analysis. DocuSign-themed phishing setup The attack starts with a targeted phishing email that pretends to come fromDocuSignand urges…
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Alleged scam kingpin Chen Zhi arrives in China after extradition from Cambodia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre”…
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Alleged scam kingpin Chen Zhi arrives in China after extradition from Colombia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre”…
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Alleged scam kingpin Chen Zhi arrives in China after extradition from Colombia
Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre”…
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ThreatsDay Bulletin: RustFS Flaw, Iranian Ops, WebUI RCE, Cloud Leaks, and 12 More Stories
The internet never stays quiet. Every week, new hacks, scams, and security problems show up somewhere.This week’s stories show how fast attackers change their tricks, how small mistakes turn into big risks, and how the same old tools keep finding new ways to break in.Read on to catch up before the next wave hits. Honeypot…
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PayPal email scam: How it worked before the fix
A recent PayPal email scam used real PayPal messages to show fake purchase details and a callback number. See how it worked. First seen on securityboulevard.com Jump to article: securityboulevard.com/2026/01/paypal-email-scam-how-it-worked-before-the-fix/
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Smashing Security podcast #449: How to scam someone in seven days
Tags: scamRomance scammers have apparently discovered astrology… and Taurus is their secret weapon. First seen on grahamcluley.com Jump to article: grahamcluley.com/smashing-security-podcast-449/
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Alleged scam kingpin Chen Zhi extradited to China after Cambodia arrest
Chen founded the Prince Group, a multinational conglomerate authorities allege served as a front for ‘one of Asia’s largest transnational criminal organisations'<a href=”https://www.theguardian.com/world/2025/oct/17/chen-zhi-prince-group-cambodia-cyber-crime-sanctioned”>Chinese-born tycoon Chen Zhi, who was indicted by the US on fraud and money-laundering charges for running a multibillion-dollar online scam network from Cambodia, has been arrested there and extradited to China, Phnom…
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Alleged cyber scam kingpin arrested, extradited to China
Chen Zhi’s arrest is the latest chapter in the remarkable downfall of one of the country’s most prominent businesses, with holdings in the real estate, banking, entertainment and airline industries. First seen on therecord.media Jump to article: therecord.media/alleged-cyber-scam-kingpin-cambodia-arrested-extradited
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Australia’s Scams Framework Criticized Over Major Exclusions
Treasury Submissions Want Broader Coverage; Gaps Could Weaken Protections. Australia’s proposed Scams Prevention Framework leaves key scam-enabling entities outside its initial scope, raising questions about whether the model can deliver the consumer protection it promises. First seen on govinfosecurity.com Jump to article: www.govinfosecurity.com/australias-scams-framework-criticized-over-major-exclusions-a-30458
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Fake Booking.com lures and BSoD scams spread DCRat in European hospitality sector
PHALT#BLYX targets European hotels with fake Booking emails and BSoD lures, tricking staff into installing the DCRat remote access trojan. Researchers uncovered a late-December 2025 campaign, dubbed PHALT#BLYX, targeting European hotels with fake Booking-themed emails. Victims are redirected to bogus BSoD pages using ClickFix-style lures that prompt them to apply “fixes.” The multi-stage attack ultimately…
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8 things CISOs can’t afford to get wrong in 2026
Tags: access, advisory, ai, attack, automation, awareness, breach, business, ciso, cloud, communications, compliance, control, cyber, cyberattack, cybersecurity, data, data-breach, defense, dora, encryption, finance, firmware, GDPR, healthcare, identity, incident response, india, infrastructure, injection, insurance, intelligence, iot, jobs, law, malicious, monitoring, network, privacy, ransom, regulation, resilience, risk, saas, scam, service, software, strategy, supply-chain, tactics, technology, theft, threat, tool, training, update, vulnerability, zero-trust“Identity and access controls for AI agents and AI platforms are one of the most important areas of concern for CISOs,” says Jason Stading, director at global technology research and advisory firm ISG. “Right now, permissions and access rights for AI are a black box in many areas. We will see a major push over…

