A Nigerian man has been sentenced to five years of prison time and pay $2.54 million in restitution for running business email compromise scams that attempted to steal $25 million.
While phishing continues to be the prevalent threat in malware-less email-based attacks, cybercriminals refine their methods by adding an impersonation component to increase the success rate against company employees.
Over the past week, scammers are now utilizing a new extortion email campaign that claims the recipient's phone was hacked, includes a partial phone number of the recipient, and further states that they created videos using the recipient's webcam. It then demands $1K USD in bitcoins or the hacker will release the video & other info.
New research shows that browser based Tech Support Scams are starting to utilize services normally found in legitimate call center operations. These services, called call optimization services, are typically used by call centers to perform call load balancing, call routing, dynamic generation of phone numbers, and more.
Malwarebytes has released a Chrome and Firefox extension called "Malwarebytes Browser Extension (BETA)" that aims to protect your computer while browsing the web. When installed, this extension will block malicious sites, popups, tech support scams, and also acts as an advertising and tracking blocker.
After examining 42 bitcoin addresses associated with a current extortion scam, it was discovered that over $50,000 USD in payments have been made.
Reports are coming in about a new extortion scam where scammers email you stating that they know the recipient's password, have installed malware on the computer, created videos of the recipient using adult web sites through their webcam, and have stolen the recipient's contacts.
Online crooks promoting fake "giveaways" have tricked people out of 8,148 Ether, currently worth around $4.3 million, according to statistical data compiled in EtherScamDB.
US law enforcement announced today the arrests of 74 individuals accused of orchestrating BEC (business email compromise) scams through which they stole millions from users across the world.
There really is no honor among thieves. I recently found a phishing scheme that contains a list of names that are associated with other scams that the recipient should avoid.
Phishing threats are currently targeting your credentials for Apple, Facebook, Gmail, and more. In this roundup we detail some of the current Phishing threats active on the Internet.
Whenever something newsworthy comes out there will always be people who try to take advantage of it. A perfect example of this is the Fortnite iOS mobile invite that launched today, where people are impatiently waiting for the invite codes to be released, while others try to trick them into purchasing fake ones.
A cryptocurrency startup named LoopX has pulled an exit scam after collecting around $4.5 million from users during an ICO (Initial Coin Offering) held for the past weeks.
Online scammers have made over $5,000 worth of Ethereum in one night alone, showing how gullible some cryptocurrency users can be.
Hundreds of users fell victims to email scams over the past week, sending over $1 million worth of Ethereum to a scammer who sent fake emails posing as the Bee Token ICO (Initial Coin Offering).
The operators of at least one Tor proxy service was recently caught replacing Bitcoin addresses on ransomware ransom payment sites, diverting funds meant to pay for ransomware decrypters to the site's operators.