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There are thousands of people worldwide trying to scam you, hoping they can make you a victim, steal your money, and harm you in some way. While some of it is done by individuals or small gangs of people, a lot of it happens on an industrialized scale. In countries around the world, there are large teams of people living and working together, controlled by managers, with profits going up the corporate ladder to people who think they are the next Elon Musk.

Read also: Garantex crypto exchange used by cybercriminals shut down, software dev sabotages former employer’s systems, and more.

Clone phishing is another scam that threatens our online security and data. Throughout this article, we will analyze what clone phishing is with real-world examples. In doing so, you can help identify this kind of scam and keep your personal and business information safe.

The KnowBe4 Threat Research team has observed a sustained increase in the use of Scalable Vector Graphics (SVG) files to obfuscate malicious payloads. SVGs are vector based, rather than pixel-based like PNGs and JPGs. This means the graphic elements can be scaled up without loss of quality - making them perfect for sharing graphics, such as logos and icons, via email.

Banking and financial services companies sit on a goldmine of sensitive customer data, making them a prime target for phishing and ransomware attackers hoping to strike a payout. Even with defenses like MFA and security training, human error continues to be a critical point of failure for financial institutions — a 2024 report found that 3 out of every 1000 individuals working in banking click on a phishing link each month.

During an Advanced Continual Threat Hunt (ACTH) investigation in early February 2025, Trustwave SpiderLabs discovered a resurgence of fake CAPTCHA verifications designed to deceive victims into executing malicious PowerShell scripts. This campaign employs a multi-stage PowerShell execution process, ultimately delivering infostealers such as Lumma and Vidar.

2º Congresso de Prevenção e Repressão a Fraudes, Segurança Cibernética e Bancária, SÃO PAULO, BRAZIL, March 11, 2025 – Agility, one of Brazil’s leading IT and Cybersecurity service providers, and INETCO, a global leader in payments monitoring and fraud prevention, are proud to announce a new partnership with Brazilian payment processing trailblazer Elo.

Customer confidence is the fragile foundation of developing economies, and nowhere is this more true than Asia Pacific where phishing and customer account takeovers (ATO) threaten to bring that foundation crashing down. For financial institutions and airlines in APAC, scam-related fraud is no longer an isolated cost center—it is an existential risk to digital trust and economic growth.