Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

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We're all familiar with tech support scams - where the unwary are tricked into granting remote access to their computers by fraudsters, in the belief that the "tech support person" will fix a non-existent "problem" (such as a "virus infection") or make a refund after claiming that there has been fraudulent activity detected on an account.

Did you know that even organizations with productive and loyal employees frequently suffer from malicious insiders committing fraud? Such insiders are rather difficult to detect because they mishandle data bit by bit alongside their regular work routine. Moreover, their motives can be unobvious, which makes detecting them even more challenging. In this article, we explore insider fraud and its risks, as well as how to mitigate those risks through a comprehensive insider risk management strategy.

Researchers at Veriti have observed hundreds of spoofed domains following Meta’s launch of its Threads social media platform. “In recent weeks, we have observed a surge in the creation of suspicious domains, with over 700 domains related to Threads being registered daily,” the researchers write.

Job scams are a rising form of socially engineered cybercrime. And while it’s easy to imagine the trouble they cause individuals who innocently fall for them (lost opportunities, identity theft, financial loss, and so on) this form of fraud also affects businesses.

A new threat alert from ConsumerAffairs and TrendMicro proves more than just shoppers will take advantage of Amazon’s upcoming Prime Day. As Prime Day approaches on July 11-12, ConsumerAffairs reports on a variety of scams bad actors are expected to use to take advantage of online shoppers looking for a good deal: Trend Micro's research team identified.

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A bait-and-switch scam is a practice in which a vendor lures in a buyer with a tempting offer for a great product that the vendor does not intend to sell. This usually means advertising a too-good-to-be-true deal which, when the buyer is “baited,” is then “switched” out for a different offer.

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).

Read also: Twitter hacker sentenced to prison, police rescued over 2,700 people forced to carry out scams, and more.