Picture a quaint, small town enveloped in the tranquility of a peaceful night. The only signs of life are flickering street lamps and the glow from the neighborhood automated teller machine (ATM). You spot someone approach the ATM, withdraw cash and walk away. It all looks so normal. What you don’t realize is that you have just witnessed a fraud attack, specifically, transaction reversal fraud (TRF).
VANCOUVER, B.C. June 15, 2023 – BC Tech is proud to announce the finalists across 9 Technology Impact Award categories who achieved exceptional success in the past year. As BC Tech celebrates the 30th Anniversary of the Technology Impact Awards, this year’s awards celebrates 30 years of innovation in BC.
There are many ways to be socially engineered and phished, including email, websites, social media, SMS texts, chat services, phone calls and in-person. These days, it is hard to sell something online, date or rent a vacation home without being scammed. Scams are everywhere! If there is a way to communicate between two parties, some scammer will try to take advantage of it.
The U.S. Federal Trade Commission (FTC) has published a data spotlight outlining the most common text message scams in 2022. Below are the top five text scams reported by the FTC: Phony bank fraud prevention alerts were the most common type of text scam last year.
If you read the news, you’ve encountered the term “Magecart” multiple times in recent years. The term refers to several hacker organizations that use online skimming methods to steal personal information from websites, most frequently customer information and credit card details on websites that take online payments.
A survey by PasswordManager.com has found that one in three job seekers has fallen for, and responded to, fake job scams over the past two years. “Nearly 4 in 10 respondents, all of whom have searched for a job within the last two years, say they’ve encountered job postings that turned out to be a scam,” the researchers write.
You’re in your favorite coffee shop, which you’ve frequented for years. The barista knows your order by heart – a medium, iced, sugar-free vanilla latte with soy milk. As you pay for your coffee, you casually chat with the staff about the weather, completely oblivious that you’ve just been the victim of fraud.
The French government is taking a stand against the increasing threat of digital warfare. Publicly accusing Russia of conducting an extensive online manipulation campaign, France is fighting back against typosquatting of major media outlets and the French Foreign Ministry. The goal of these fake websites is to spread disinformation and confusion about the ongoing war in Ukraine.
