The incoming phone call flashes on a victim’s phone. It may only last a few seconds, but can end with the victim handing over codes that give cybercriminals the ability to hijack their online accounts or drain their crypto and digital wallets.
“This is the PayPal security team here. We’ve detected some unusual activity on your account and are calling you as a precautionary measure,” the caller’s robotic voice says. “Please enter the six-digit security code that we’ve sent to your mobile device.”
Operation PANDORA started with a bank teller in Freiburg, Germany. When in December 2023 a customer asked to withdraw over EUR 100 000 in cash, the bank teller grew suspicious and quickly learned the customer had fallen victim to a ‘fake police officer scam’. He informed the real police, which prevented the victim from handing the money over to the...
Developing: Someone claiming to be an “affiliate plus” for AlphV claims they were responsible for the Change Healthcare attack but that AlphV stole the payment Change Healthcare had made and suspended the affiliate’s account.
The affiliate’s claims appeared on Ramp Forum and have been circulating since then. The post can be seen below, via @vx-underground:
A recent cryptocurrency scam has highlighted a need for fraud awareness. The new scam - called “pig butchering” - includes a sophisticated new twist that combines a romance scam with an investment spin. According to the Federal Bureau of Investigation (FBI), the term “pig butchering” refers to a time-tested, heavily scripted, and contact intensive process to fatten up the prey before slaughter.
Years-old domains, compromised JS libraries and worldwide-localized content among tactics of this sophisticated attacker.