The concept is simple, the FBI explains: “Scammers impersonate bank reps to convince victims that hackers have infiltrated their financial account. Victims are urged to move their money fast to protect their assets. In reality, there was never a hacker, and the money that was wired is now fully controlled by the scammer.”
A number of cybercriminal innovations are making it easier for scammers to cash in on your upcoming travel plans. This story examines a recent spear-phishing campaign that ensued when a California hotel had its booking.com credentials stolen. We'll also explore…
Google launches Global Signal Exchange (GSE), an initiative aimed at fostering the sharing of online fraud and scam intelligence.
Meta has removed 63,000 Instagram accounts from Nigeria that were involved in sextortion scams, including a coordinated network of 2,500 accounts linked to 20 individuals targeting primarily adult men in the United States.
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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: