Meta cracks down on millions of accounts it tied to pig-butchering scams

It’s one part of a strategy to combat the fast-growing scheme that has cost victims billions of dollars.

The post Meta cracks down on millions of accounts it tied to pig-butchering scams appeared first on CyberScoop.

Continue reading Meta cracks down on millions of accounts it tied to pig-butchering scams

Meta cracks down on millions of accounts it tied to pig-butchering scams

It’s one part of a strategy to combat the fast-growing scheme that has cost victims billions of dollars.

The post Meta cracks down on millions of accounts it tied to pig-butchering scams appeared first on CyberScoop.

Continue reading Meta cracks down on millions of accounts it tied to pig-butchering scams

Google sues crypto investment app makers over alleged massive “pig butchering” scam

Two China-based Android app developers are being sued by Google for an alleged scam targeting 100,000 users worldwide through fake cryptocurrency and other investment apps.

Read more in my article on the Hot for Security blog. Continue reading Google sues crypto investment app makers over alleged massive “pig butchering” scam

AI-Powered Scams, Human Trafficking Fuel Global Cybercrime Surge: INTERPOL

By Waqas
New INTERPOL Financial Fraud assessment reveals how cybercrime is being fueled by the abuse of AI and other technologies.
This is a post from HackRead.com Read the original post: AI-Powered Scams, Human Trafficking Fuel Global Cybercrime Surge… Continue reading AI-Powered Scams, Human Trafficking Fuel Global Cybercrime Surge: INTERPOL

Smashing Security podcast #358: Hong Kong hijinks, pig butchers, and poor ransomware gangs

Is this the real life? Is this just fantasy? A company in Hong Kong suffers a sophisticated deepfake duping, be one your guard from pig butchers as Valentine’s Day approaches, and spare a moment to feel sorry for poor ransomware gangs.

All this and … Continue reading Smashing Security podcast #358: Hong Kong hijinks, pig butchers, and poor ransomware gangs

Gang charged with running $80 million “pig butchering” cryptocurrency investment scam

US authorities have charged four people for their alleged roles in a fraudulent cryptocurrency investment scheme that saw targets approached via dating sites and social media, and cost victims more than $80 million.

Read more in my article on the Ho… Continue reading Gang charged with running $80 million “pig butchering” cryptocurrency investment scam