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Fraud

Dark Side of Deals: Emerging Scams for Black Friday, Cyber Monday and Giving Tuesday

As the holiday shopping season kicks into high gear, cybercriminals are gearing up too. This year, alongside the usual suspects, we're seeing some crafty new scams, so let’s take a look at some of the ones you should be most careful of during Black Friday, Cyber Monday and Giving Tuesday. AI-Generated Fake Reviews AI has allowed scammers to flood product pages with well-written and convincing fake reviews of products.

The Dark Side of Loyalty: Combating $1 Billion Frequent Flyer Mile Scams in the Airline Industry

Frequent flyer programs have long been a symbol of loyalty and reward in the airline industry. These programs are intended to reward travelers with benefits and encourage ongoing customer relationships. However, a growing and pervasive threat is lurking beneath the allure of free miles and exclusive perks: Frequent Flyer Miles fraud. At the last credible count in 2018, there were over 30 trillion unspent miles in circulation, according to McKinsey.

Identity Fraud and the Cost of Living Crisis: New Challenges for 2024

Fraud is a rampant threat to individuals and organizations worldwide and across all sectors. In order to protect against the dangers of fraud in its many forms, it is vital to stay in the loop on the latest fraud trends and the threat landscape. The Fraudscape 2024 report from Cifas, the UK’s Fraud Prevention Community, is an effort to share this information to help prevent fraud.

The Age of AI-Powered Scams | The 443 Podcast

This week on the podcast, Marc Laliberte and Corey Nachreiner dive into a research white paper that explores how attackers could use AI to execute a full-scale money or credential theft scam from start to finish. Before that, they discuss Sophos's five-year battle with Chinese hackers targeting network devices, followed by a conversation about Microsoft’s ongoing fight against password spray attacks through compromised network devices.

Winter Fuel Payment Scam Targets UK Citizens Via SMS

Scammers have leapt at the opportunity to exploit vulnerable UK residents by sending bogus messages telling them they need to take action to receive help with their winter heating bills. In July, the UK's new Labour Government announced that it was limiting who was eligible for assistance with their winter fuel bills by making eligibility means-tested.

Google Voice Scams: What They Are and How to Stay Safe

Google Voice scams continue to pose a risk for users of this service. Scammers continuously attempt to lure users into divulging their verification PIN code. By stealing other people's Google Voice accounts, hackers and scammers impersonate their victims by luring others into fraudulent transactions. Scammers make millions per year using other people's Google Voice accounts. How should users protect their identification and PIN codes for bank accounts, travel sites, and Google Voice accounts?

Six Ways To Spot Amazon Scam Emails

You can spot Amazon scam emails if you realize the sender’s email address is not from the official Amazon domain, the message contains a generic greeting and your email service provider warns you that the message may be dangerous. According to data collected by the Federal Trade Commission (FTC), 34,000 reports were made in 2023 about scammers impersonating Amazon, resulting in approximately $19 million in losses.

Attackers Abuse DocuSign to Send Phony Invoices

Threat actors are abusing DocuSign’s API to send phony invoices that appear “strikingly authentic,” according to researchers at Wallarm. “Unlike traditional phishing scams that rely on deceptively crafted emails and malicious links, these incidents use genuine DocuSign accounts and templates to impersonate reputable companies, catching users and security tools off guard,” Wallarm says.