Fraudulent robocalls to cost consumers $40 billion in 2022

Consumers will lose $40 billion to fraudulent robocalls globally in 2022; rising from $31 billion in 2021, a Juniper Research study reveals. Fraudulent robocalls pose threats to consumers by encouraging the disclosure of personal information that fraud… Continue reading Fraudulent robocalls to cost consumers $40 billion in 2022

The FCC wants to force phone carriers to guard against SIM-swapping scams

The Federal Communications Commission proposed rules Thursday aimed at curbing the threat of attacks in which cybercriminals use a victim’s personal information to steal their phone number and swap it into a scammer-controlled device, a technique known as “SIM-swapping” or “port-out fraud.” Specifically, the proposed rule would amend the rules regarding porting numbers from one account or phone to another to include a requirement that carriers “adopt secure methods of authenticating a customer.” The draft rule also proposes that careers be required to immediately notify customers of any request to swap or port-out their number. Scammers can use such access to reset or takeover other accounts, including social media profiles or financial accounts. The FCC did not publicly rlease the rules by press time Thursday. The agency declined to comment on how the rule will define “secure methods.” SIM-swapping can give cybercriminals more than access to vctims’ messages or calls. […]

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Using Vendor Management to Defend Against Supply Chain Attacks

Supply chain attacks are growing more common. According to the Identity Theft Resource Center (ITRC), there were just 19 supply chain attacks in the final quarter of 2020. In the following quarter, that volume grew to 27 attacks — an increase of 42%. Those incidents in Q1 2021 affected 137 U.S. groups and a total […]

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Can a remote user (logged into my computer via LogMeIn) capture my password as I log into a website?

I work for a large company with IT support that uses LogMeIn to take control of our PCs when troubleshooting. Today while being assisted I was asked to log into an internal website during a LogMeIn sessions in which the support analyst ha… Continue reading Can a remote user (logged into my computer via LogMeIn) capture my password as I log into a website?

Cybercrime is hitting communities of color at higher rates, study finds

Black people, Indigenous people, and people of color (BIPOC) are more likely to suffer from identity theft and financial impact from the fallout, according to survey data collected by internet security company Malwarebytes with the nonprofits Digitunity and the Cybercrime Support Network. The survey found, for instance, that just 47% of BIPOC respondents were able to avoid a financial impact due to identity theft, compared to 59% of overall respondents. Compared to overall respondents, BIPOC on average reported roughly $200 more in financial losses. “Forty-seven percent sounds like okay, well, that’s not so bad — it’s like 50-50 whether you’re losing money, right? But 47% is compared to 59% of all respondents,” said David Ruiz, an online privacy advocate at Malwarebytes. “That means that everyone else has a better chance at not being financially hit, everyone else has a better chance of skirting by kind of unscathed.” Ruiz says the […]

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Consumers taking action to protect themselves online, though confidence is low

68% of consumers claim to be doing more to protect themselves from online fraud and identity theft than a year ago, according to a Trulioo research. The research found 76% of people feel that they’re at greater risk from online fraud than they were 12 … Continue reading Consumers taking action to protect themselves online, though confidence is low

Consumers satisfied with mobile security, yet account privacy and protection concerns remain

More than half of wireless subscribers polled were extremely or somewhat satisfied with the security offered by their mobile operators, according to a mobile security survey released by Global Wireless Solutions (GWS). Even in this heightened cyber thr… Continue reading Consumers satisfied with mobile security, yet account privacy and protection concerns remain

How should I make a "watermark" on my scanned government id/passport/bank card? [closed]

A lot of companies are proper mental these days and force me to send them a scanned digital image of my government-issued photo id. It feels scary to do so, especially unmodified. I want to put some sort of "watermark" over the i… Continue reading How should I make a "watermark" on my scanned government id/passport/bank card? [closed]