Growing scam activity linked to social media and automation

The average number of scam resources created per brand across all regions and industries more than doubled year-on-year in 2022, up 162%, according to Group-IB. Additionally, the total number of scam pages detected by Group-IB in 2022 was more than thr… Continue reading Growing scam activity linked to social media and automation

California prosecutor Erin West on the massive wealth transfer to Southeast Asia from a crypto scam called ‘pig butchering’

The Santa Clara County deputy district attorney has made it her mission to fight back against these scams and the people executing them.

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Scammers using AI voice technology to commit crimes

The usage of platforms like Cash App, Zelle, and Venmo for peer-to-peer payments has experienced a significant surge, with scams increasing by over 58%. Additionally, there has been a corresponding rise of 44% in scams stemming from the theft of person… Continue reading Scammers using AI voice technology to commit crimes

Beware of the Growing Scourge of Job Recruitment Scams

Job recruitment scams have grown into a huge problem. The BBB reports that in the U.S. and Canada alone, an estimated 14 million people are exposed to job scams every year, with $2 billion in direct losses annually. These attacks hurt individuals and the companies they work for, as well as the organizations that the […]

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Cybercriminals use legitimate websites to obfuscate malicious payloads

According to Egress, the evolving attack methodologies currently used by cybercriminals are designed to get through traditional perimeter security. “The evolution of phishing emails continues to pose a major threat to organizations, emphasizing the nee… Continue reading Cybercriminals use legitimate websites to obfuscate malicious payloads

Phishing campaigns thrive as evasive tactics outsmart conventional detection

A 25% increase in the use of phishing kits has been recorded in 2022, according to Group-IB. The key phishing trends observed are the increasing use of access control and advanced detection evasion techniques. The rise in evasive tactics, such as antib… Continue reading Phishing campaigns thrive as evasive tactics outsmart conventional detection

Threat actors exploit new channels for advanced phishing attacks

Perception Point’s team has identified a 356% increase in the number of advanced phishing attacks attempted by threat actors in 2022. Overall, the total number of attacks increased by 87%, highlighting the growing threat that cyber attacks now po… Continue reading Threat actors exploit new channels for advanced phishing attacks

Scammers exploit AI trend with fake ChatGPT apps on Google Play, Apple App Store

Sophos researchers uncovered multiple apps masquerading as legitimate, ChatGPT-based chatbots to overcharge users. These apps have popped up in the Google Play and Apple App Store. Because the free versions have near-zero functionality and constant ads… Continue reading Scammers exploit AI trend with fake ChatGPT apps on Google Play, Apple App Store