DoJ cracks down on cryptocurrency fraud, seizes $112 million in linked funds
The Department of Justice (DoJ) declared the confiscation of digital currency valued at approximately $112 million connected to fraudulent cryptocurrency investments. …
Threat actors are experimenting with QR codes
Hackers are diversifying attack methods, including a surge in QR code phishing campaigns, according to HP. From February 2022, Microsoft began blocking macros in Office files …
Internet crime in 2022: Over $3 billion lost to investment scammers
“In 2022, investment scam losses were the most (common or dollar amount) scheme reported to the Internet Crime Complaint Center (IC3),” the FBI shared in its 2022 …
Fake ChatGPT Chrome extension targeted Facebook Ad accounts
ChatGPT has garnered a lot of questions about its security and capacity for manipulation, partly because it is a new software that has seen unprecedented growth (hosting 100 …
Don’t be fooled by a pretty icon, malicious apps hide in plain sight
Apps, whether for communication, productivity or gaming, are one of the biggest threats to mobile security, according to McAfee. The end of 2022 saw the release of some …
Expert strategies for defending against multilingual email-based attacks
BEC (Business Email Compromise) attacks have become increasingly prevalent in recent years, with cybercriminals using a variety of tactics to gain access to sensitive …
Resecurity identified the investment scam network Digital Smoke
Resecurity identified one of the largest investment fraud networks by size and volume of operations created to defraud Internet users from Australia, Canada, China, Colombia, …
FTC reveals alarming increase in scam activity, costing consumers billions
Newly released Federal Trade Commission (FTC) data shows that consumers reported losing nearly $8.8 billion to fraud in 2022, an increase of more than 30 percent over the …
Users looking for ChatGPT apps get malware instead
The massive popularity of OpenAI’s chatbot ChatGPT has not gone unnoticed by cyber criminals: they are exploiting the public’s eagerness to experiment with it to …
Authorities break up gang responsible for €38 million CEO fraud
A joint investigation supported by Europol has led to the dismantling of a Franco-Israeli criminal gang involved in large-scale CEO fraud (also known as BEC scams). The …
Generative AI: A benefit and a hazard
If there’s one thing people will remember about AI advances in 2022, it’ll be the advent of sophisticated generative models: DALL.E 2, Stable Diffusion, …
Reported phishing attacks have quintupled
The third quarter of 2022, APWG observed 1,270,883 total phishing attacks — is the worst quarter for phishing that APWG has ever observed. The total for August 2022 was …
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