Security News
It's only a week since Elon Musk's take-private of Twitter on 28 October 2022. There's been plenty to set the fur flying, starting with Musk's curious choice of metaphor in arriving at Twitter HQ on takeover day with a kitchen sink, as though the company's products and services were already so close to complete that they needed nothing more than the aforementioned dishwashing receptacle to finish things off.
Crypto giveaway scams have evolved into an illicit market segment with multiple services that aim to facilitate fraudulent operations. The growth of fake crypto giveaways can be explained by a significantly enhanced arsenal and availability of tools for crypto scammers, even with low technical skills.
In what can only be described as inevitable, the FBI is warning those eligible for student loan debt relief to keep an eye out for scammers trying to take advantage of President's Biden program. The White House announced limited student loan debt forgiveness in August, with qualifying individuals and joint filers each able to get up to $10,000 of student loan debt forgiven, or double that amount if the person was awarded Pell grants for low-income students.
The Australian Federal Police has arrested a 19-year-old teen from Sydney for allegedly attempting to leverage the data leaked following the Optus data breach late last month to extort victims. Details of the scam were previously shared by 9News Australia reporter Chris O'Keefe on September 27, 2022.
In a perfect example of there being no honor among thieves, a threat actor named 'Water Labbu' is hacking into cryptocurrency scam sites to inject malicious JavaScript that steals funds from the scammer's victims. In July, the FBI warned of scam 'dApps' that impersonated cryptocurrency liquidity mining services but, in reality, stole a victim's crypto investments.
Ever since Russian president Vladimir Putin ordered partial mobilization after facing setbacks on the Ukrainian front, men in Russia and the state's conscript officers are playing a 'cat and mouse' game involving technology and cybercrime services. More specifically, many Russian men eligible for enlistment have resorted to illegal channels that provide them with fabricated exemptions, while those fleeing the country to neighboring regions turn to use identity masking tools.
Cyber criminals are taking advantage of this easy access to resources, and using deepfakes to build on today's crime techniques, such as business email compromise, to make off with even more money, according to Trend Micro researchers. Specifically, corporations need to worry about deepfakes, we're told, as criminals begin using them to create fake individuals, such as job seekers to scam their way into roles, or impersonate executives on video calls to hoodwink employees into transferring company funds or data.
Group-IB has noted a fivefold increase in the number of domains used for crypto giveaway scams that involve fake YouTube streams in the first half of 2022. This Help Net Security video reveals how crypto giveaway scams have evolved into a profitable illicit market segment.
Group-IB has noted a fivefold increase in the number of domains used for crypto giveaway scams that involve fake YouTube streams in the first half of 2022. Crypto giveaway scams have evolved into an illicit market segment with multiple services that aim to facilitate fraudulent operations.
An ongoing malvertising campaign is injecting ads in the Microsoft Edge News Feed to redirect potential victims to websites pushing tech support scams. App subdomains to host their scam pages within a single day.