$2.7 billion lost to social media scams since 2021
Scams originating on social media have accounted for $2.7 billion in reported losses since 2021, more than any other contact method, according to the Federal Trade Commission. …
Protecting against FraudGPT, ChatGPT’s evil twin
FraudGPT is the evil counterpart to ChatGPT. Criminals use it to target businesses with phishing emails and scams with speed and accuracy like never before. The AI can be …
How should SMBs navigate the phishing minefield?
In this Help Net Security interview, Pete Hoff, CISO at Wursta, offers advice to SMB security leaders and professionals on how to minimize the threat phishing presents to …
Cybercriminals use research contests to create new attack methods
Adversary-sponsored research contests on cybercriminal forums focus on new methods of attack and evasion, according to Sophos. The contests mirror legitimate security …
Surge in identity crime victims reporting suicidal thoughts
Identity theft can have great financial impact on the victims, but the experienced emotional, physical and psychological impact can be even more devastating, according to the …
Cybercriminals turn to AI to bypass modern email security measures
Cybercriminals employ artificial intelligence (AI) to create complex email threats like phishing and business email compromise (BEC) attacks, while modern email security …
7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store
Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users of dating apps into making fake cryptocurrency investments. Since …
CISOs gear up to combat the rising threat of B2B fraud
The ongoing banking and economic turmoil has opened the floodgates to fraudsters. In this Help Net Security video, ex-British Intelligence officer Alex Beavan, Head of Ethics …
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, …
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 …
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 …
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 …
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