Scammers are using dating sites to lure victims into phony cryptocurrency investment schemes, according to Sean Gallagher at Sophos. These types of investment scams are known as “pig butchering,” loosely translated from the Chinese phrase “sha zhu pan.” In this case, the scammers convince the victim to participate in a liquidity pool arrangement, a legitimate but risky cryptocurrency investment technique.

Establishing urgency through a false need to “upgrade” or lose services, this new attack takes advantage of the widespread use of the popular accounting app to attract victims. Impersonation in phishing attacks only works if the target has an established rapport or relationship with the sender.

Read also: US and UK sanction 11 Russians in connection with Trickbot malware, Football Leaks hacker escapes jail term, and more.

Welcome to the fourth and final part in our series on credit card fraud originating in Russia. After covering the basics of what carding is, why so much of it is perpetrated by Russian speakers, then digging deeper into how carders operate, in this part we’ll explore ways to protect yourself and your business from this pervasive financial threat. Click here to download the full report: "Inside Russian Carding" (PDF)

In the critically acclaimed, Oscar-winning 2019 film Parasite, a family’s cunning scheme to infiltrate a wealthy family’s home is a vivid metaphor for the stealthy and calculated maneuvers of advanced persistent threats (APTs) in the digital realm.

The use of lookalike domains has reached critical mass with not just one counterfeit website, but many. The second act of a phishing attack intent on tricking the victim into providing valuable information is the website they are taken to. It has to look and feel like the real thing. But it also needs to have a domain that doesn’t raise suspicion. Thus, the advent of lookalike domains.

CrowdStrike Counter Adversary Operations monitors for and attempts to disrupt eCrime threat actors across a broad spectrum of malicious activity, ranging from sophisticated ransomware campaigns to simpler but often highly effective forms of fraud.

This is part three in our four-part series on credit card fraud, specifically focusing on the Russian carding landscape. In part one, we gave an overview of carding as an attack type and drilled into some key terms from the Carder’s Dictionary. In part two, we looked more closely at the motivations behind Russia being a hotbed of carding activity.

The US Cybersecurity and Infrastructure Security Agency (CISA) has warned that scammers are exploiting the recent hurricanes that have hit the US. Criminals frequently impersonate charities and related organizations following natural disasters.

In bustling metropolises and rural communities alike, changes in the world of payments are forcing businesses to move at the speed of light. Whether you operate your business from a towering skyscraper or a busy village market, you must deal with dynamic evolutions in digital payments. From instant payments to super apps to embedded finance, businesses are embracing new ways to separate consumers from their money safely.