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Fraud

Tech Support Scam Pivots from DigitalOcean to StackPath CDN

Attackers who were previously abusing DigitalOcean to host a tech support scam have expanded the operation, now abusing StackPath CDN to distribute the scam, and are likely to start abusing additional cloud services to deliver the scam in the near future. From February 1 to March 16, Netskope Threat Labs has seen a 10x increase of traffic to tech support scam pages delivered by StackPath CDN.

That's Not Actually Mr. Musk, That's a Scam

A school principal in Volusia County, Florida has resigned after sending $100,000 to a scammer posing as Elon Musk, WESH 2 News reports. Dr. Jan McGee from the Burns Science and Technology Charter School had been in communication with the individual for four months, even though her colleagues warned her that it was a scam. “McGee told a packed audience she was taken in by a fake Elon Musk, someone posing online as the space pioneer,” WESH 2 says.

Chinese fraudsters: evading detection and monetizing stolen credit card information

Cyber attacks are common occurrences that often make headlines, but the leakage of personal information, particularly credit card data, can have severe consequences for individuals. It is essential to understand the techniques employed by cyber criminals to steal this sensitive information.

Fake ChatGPT Scam Turns into a Fraudulent Money-Making Scheme

Using the lure of ChatGPT’s AI as a means to find new ways to make money, scammers trick victims using a phishing-turned-vishing attack that eventually takes victim’s money. It’s probably safe to guess that anyone reading this article has either played with ChatGPT directly or has seen examples of its use on social media. The idea of being able to ask simple questions and get world-class expert answers in just about any area of knowledge is staggering.

5 Secure Ways to Avoid Crypto Theft in 2023

The rise in popularity of cryptocurrencies has brought about significant concerns regarding wallet vulnerabilities and digital theft among individuals and businesses transacting in the market. While the meteoric rise in the value of cryptocurrency has attracted legitimate investors, it has also caught the attention of malicious actors who are constantly searching for vulnerabilities to exploit.

The New Face of Fraud: FTC Sheds Light on AI-Enhanced Family Emergency Scams

The Federal Trade Commission is alerting consumers about a next-level, more sophisticated family emergency scam that uses AI that imitates the voice of a "family member in distress". They started out with: "You get a call. There's a panicked voice on the line. It's your grandson. He says he's in deep trouble — he wrecked the car and landed in jail. But you can help by sending money. You take a deep breath and think. You've heard about grandparent scams. But darn, it sounds just like him.

2023 Tax Scam Emails Exposed: Unmasking Deceptive Trends

John Kevin Adriano, Trustwave SpiderLabs Security Researcher Tax season is a busy time of year for taxpayers and threat actors. Consumers and businesses focus on filing their taxes and getting excited over possible refunds, while cybercriminals roll out both their tried-and-true tax scams along with implementing new efforts.

Risks of credit and debit card Fraud: Why PCI DSS is Essential?

The Advancement in technology and online payment transaction has offered an immense amount of convenience to both consumers and businesses. The ease and widespread acceptance of online payment including the credit/debit card transaction has streamlined business processes and payment transactions greatly.

Unknown Number? What Is Vishing and How Scammers Pull It Off

According to the 2020 FTC Data Report, vishing constituted 31% of fraud reports, with an aggregated loss of $436 million. That's a lot of vishing. Scammers' methods have become out-of-this-world, too. Years ago, a social media video of a police officer taking a scam call in real time became viral. The scammer, posing as a banking representative, requested personal information on the pretext of verifying their account. The officer was uncooperative.

What is Online Impersonation, and How to Prevent it

Impersonation has thousands of years of history. When we think of impersonating something or someone, at first glance, the intent is typically the act of deceiving someone. Identity and online impersonation are malicious intent crimes that have been around for decades. With new technologies and platforms, criminals find plenty of new victims and hunting grounds. Online impersonation and identity theft are somewhat similar in the type of crimes.