Tag: scam
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Threat Actors Exploit Messaging Services as Lucrative Cybercrime Platforms
Threat actors are exploiting weaknesses in SMS verification systems to generate massive, fraudulent message traffic, costing businesses millions. This type of fraud involves artificially triggering SMS verification requests by creating numerous synthetic identities or using automated bots, thereby inflating the SMS traffic to exploit billing systems. Mechanics of SMS Pumping Fraudsters initiate this scam by…
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Who’s calling? The threat of AI-powered vishing attacks
AI is making voice phishing (vishing) more dangerous than ever, with scammers cloning voices in seconds to trick employees into handing over their credentials. Learn how to defend your organization with Specops Secure Service Desk. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/whos-calling-the-threat-of-ai-powered-vishing-attacks/
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Over £18m stolen from Santander UK customers in first three months of year
Bank’s latest quarterly report on scams said over £18m was stolen from its UK customers by scammers First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366622214/Over-18m-stolen-from-Santander-UK-customers-in-first-three-months-of-year
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Australian regulator pulls licenses of 95 companies in effort to crack down on investment scams
Tags: scamA federal judge approved the immediate deregistration of 93 of the companies in an order on March 21. Two others will be wound up over time because they have “meaningful” assets. First seen on therecord.media Jump to article: therecord.media/australia-pulls-95-company-licenses-scam-crackdown
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Six arrested for AI-powered investment scams that stole $20 million
Spain’s police arrested six individuals behind a large-scale cryptocurrency investment scam that used AI tools to generate deepfake ads featuring popular public figures to lure people. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/six-arrested-for-ai-powered-investment-scams-that-stole-20-million/
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Smishing Triad Fuels Surge in Toll Payment Scams in US, UK
A rise in smishing campaigns impersonating toll service providers has been linked to China’s Smishing Triad First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/smishing-triad-toll-payment-scams/
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PoisonSeed Campaign uses stolen email credentials to spread crypto seed scams and and empty wallets
A campaign named PoisonSeed uses stolen CRM and bulk email credentials to send crypto seed scams, aiming to empty victims’ digital wallets. Silent Push researchers warn of a malicious PoisonSeed campaign that uses stolen CRM and bulk email provider credentials to send crypto seed phrase spam. Victims are tricked into importing compromised seed phrases into…
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Toll payment text scam returns in massive phishing wave
An ongoing phishing campaign impersonating E-ZPass and other toll agencies has surged recently, with recipients receiving multiple iMessage and SMS texts to steal personal and credit card information. First seen on bleepingcomputer.com Jump to article: www.bleepingcomputer.com/news/security/toll-payment-text-scam-returns-in-massive-phishing-wave/
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Beware! Fake Unpaid Tolls Messages Used in Phishing Attack to Steal Login Credentials
A surge in phishing text messages claiming unpaid tolls has been linked to a massive phishing-as-a-service (PhaaS) operation. These scams, which have been hitting users’ phones in waves, are part of a sophisticated campaign leveraging a platform called Lucid. Cybercriminals behind this scheme are exploiting legitimate communication technologies like Apple iMessage and Android RCS to…
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Banks to share fraud data with tech firms in cross-sector collaboration
UK banks join tech firms in fraud data-sharing initiative to enable collaboration on action to stop online scams First seen on computerweekly.com Jump to article: www.computerweekly.com/news/366622133/Banks-to-share-fraud-data-with-tech-firms-in-cross-sector-collaboration
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DPRK ‘IT Workers’ Pivot to Europe for Employment Scams
By using fake references and building connections with recruiters, some North Korean nationals are landing six-figure jobs that replenish DPRK coffers. First seen on darkreading.com Jump to article: www.darkreading.com/threat-intelligence/dprk-it-workers-europe-employment
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Smashing Security podcast #411: The fall of Troy, and whisky barrel scammers
Renowned cybersecurity expert Troy Hunt falls victim to a phishing attack, resulting in the exposure of thousands of subscriber details, and don’t lose your life savings in a whisky scam… First seen on grahamcluley.com Jump to article: grahamcluley.com/smashing-security-podcast-411/
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North Korean IT Scammers Targeting European Companies
Inside North Korea’s IT Scam Network Now Shifting to Europe. North Koreans posing as remote IT workers have spread to Europe, where one Pyongyang fraudster assumed at least 12 personas to target companies in Germany, Portugal and the United Kingdom. Western companies have grappled for years with the prospect of unintentionally hiring a North Korean…
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Microsoft Teams, other tools exploited in new vishing scam
First seen on scworld.com Jump to article: www.scworld.com/brief/microsoft-teams-other-tools-exploited-in-new-vishing-scam
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North Korean IT worker scam spreading to Europe after US law enforcement crackdown
North Korea’s IT worker scam has expanded widely into Europe after years of focusing on U.S. companies, according to new research. First seen on therecord.media Jump to article: therecord.media/north-korean-it-worker-scam-spreads-to-europe
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North Korea’s fake tech workers now targeting European employers
With help from UK operatives, because it’s getting tougher to run the scam in the USA First seen on theregister.com Jump to article: www.theregister.com/2025/04/02/north_korean_fake_techies_target_europe/
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New Surge of IRS-Themed Attacks Targets Taxpayers’ Mobile Devices
As the U.S. tax filing deadline approaches, cybercriminals are intensifying their efforts to exploit taxpayers through a new wave of IRS-themed scams. Research from McAfee Labs has revealed a sharp increase in fraudulent activities targeting mobile devices, with scammers using deceptive text messages and fake IRS websites to steal personal and financial information. Mobile Attacks…
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Microsoft Teams Vishing Used to Deploy Malware via TeamViewer
A vishing scam via Microsoft Teams led to attackers misusing TeamViewer to drop malware and stay hidden using simple but effective techniques. First seen on hackread.com Jump to article: hackread.com/microsoft-teams-vishing-deploy-malware-via-teamviewer/
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LLMs are now available in snack size but digest with care
Passed down wisdom can distort reality: Rather than developing their own contextual understanding, student models rely heavily on their teacher models’ pre-learned conclusions. Whether this limitation can lead to model hallucination is highly debated by experts.Brauchler is of the opinion that the efficiency of the student models is tied to that of their teachers, irrespective…
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Privacy Roundup: Week 13 of Year 2025
Tags: access, ai, android, apple, application-security, breach, browser, cctv, chrome, cloud, cve, cybersecurity, data, detection, exploit, firmware, google, group, leak, linux, malware, microsoft, mobile, phishing, privacy, regulation, router, scam, service, software, technology, threat, tool, update, virus, vpn, vulnerability, zero-dayThis is a news item roundup of privacy or privacy-related news items for 23 MAR 2025 – 29 MAR 2025. Information and summaries provided here are as-is for warranty purposes. Note: You may see some traditional “security” content mixed-in here due to the close relationship between online privacy and cybersecurity – many things may overlap;…
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Scammers Target Netflix Users: Expert Issues Urgent Warning
Streaming giant Netflix is at the center of a rising wave of online scams, cybersecurity experts warn. Fraudsters use increasingly sophisticated tactics, from fake texts to deceptive emails and websites, to steal Netflix users’ personal and financial information. With over 230 million subscribers worldwide, Netflix has become one of the most impersonated brands […] First…
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Over $8.2M seized in federal crackdown on romance baiting scams
Tags: scamFirst seen on scworld.com Jump to article: www.scworld.com/brief/over-8-2m-seized-in-federal-crackdown-on-romance-baiting-scams
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Speed vs. Security: The Digital Bank Dilemma
Jason Costain on Ways Traditional and Digital Banks Could Learn from Each Other. Digital-only banks promise speed and sleek digital experiences but are not the best places to handle scam victims. Without branches to visit, victims find themselves stuck in a loop of chatbots, said Jason Costain, former head of fraud analytics and threat management…
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Online Scams in the Age of AI
The question is no longer whether AI-driven scams will target your business, but how prepared you are to counter them. First seen on securityboulevard.com Jump to article: securityboulevard.com/2025/03/online-scams-in-the-age-of-ai/
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US Seizes $8.2m from Romance Baiting Scammers
The DoJ has managed to recoup over $8m from scammers, stolen in romance baiting schemes First seen on infosecurity-magazine.com Jump to article: www.infosecurity-magazine.com/news/us-seizes-82m-from-romance-baiting/
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‘Sim farms’, high heels, zombie knives: what scammers buy with the money they steal
A haul of items seized by police reveals the scale and threat of payment fraud a crime that can have significant emotional impact on victimsOn a shelf between Alexander McQueen shoes, Louis Vuitton handbags and Versace heels in the police evidence room are an 18-inch machete and a serrated <a href=”https://www.theguardian.com/uk-news/2023/dec/09/google-profiting-from-sale-of-zombie-knives-in-uk-despite-claims-of-ban”>zombie knife. Alongside the expensive…
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How to recognize and prevent deepfake scams
Deepfakes are a type of synthetic media created using AI and machine learning. In simple terms, they produce videos, images, audio, or text that look and sound real, even … First seen on helpnetsecurity.com Jump to article: www.helpnetsecurity.com/2025/03/31/how-to-prevent-deepfake-scams/
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FBI and DOJ seize $8.2 Million in romance baiting crypto fraud scheme
The U.S. DOJ seized over $8.2 million in USDT stolen through ‘romance baiting’ scams, where victims are tricked into fake investments promising high returns. On February 27, 2025, the U.S. Attorney’s Office in Ohio filed a civil forfeiture complaint for $8.2M in USDT (Tether) linked to a ‘romance baiting’ scam. Fraudsters used anonymous messaging apps…