Security News
Two Chinese nationals are facing a maximum of 20 years in prison after being convicted of mailing thousands of fake iPhones to Apple for repair in the hope they'd be replaced with new handsets. The Department of Justice says the pair submitted upwards of 5,000 "Inauthentic" iPhones to the tech giant "Intending to cause a loss of more than $3 million to Apple" between May 2017 and September 2019.
First-person account of someone who fell for a scam, that started as a fake Amazon service rep and ended with a fake CIA agent, and lost $50,000 cash. If you think it couldn't happen to you, think again.
Analysis of 7 billion emails shows clean links are duping users, malicious EML attachments increased 10-fold in Q4, and social engineering attacks are at all-time highs, according to VIPRE Security. Often protected by nothing more than human nature and an antivirus, cybercriminals continue to use email to launch their most basic and persistent attacks.
70% of businesses report that fraud losses have increased in recent years and over half of consumers feel they're more of a fraud target than a year ago, according to Experian. Experian predicts fraudsters will use generative AI to accelerate "Do-it-yourself" fraud with a wide range of deepfake content, such as emails, voice and video as well as code creation to set up scam websites and perpetuate online attacks.
The extent of the scam was revealed on Monday in an audit of the ATO's management and oversight of fraud control arrangements for the Goods and Services Tax - Australia's equivalent of a value-added or sales tax. The scam promoted in online ads detailed a means of securing a loan from the ATO - an outright lie, as Australian tax authorities are not notably more generous than others around the world.
The threat actor known as Patchwork likely used romance scam lures to trap victims in Pakistan and India, and infect their Android devices with a remote access trojan called VajraSpy. Slovak...
Today, the FBI warned about courier services being used to collect money and valuables from victims of tech support and government impersonation scams. This public service announcement follows a surge of reports regarding criminals using couriers to collect cash or precious metals like gold or silver from victims whom the scammers instructed to sell their valuables.
Scammers are buying up cheap domain names to host sites that sell dodgy health products using fake articles, according to cybercrime disruption outfit Netcraft. Some of the stories suggest that judges on entrepreneurial reality shows Shark Tank and Dragons' Den have backed the products.
Hackers are increasingly targeting verified accounts on X belonging to government and business profiles and marked with 'gold' and 'grey' checkmarks to promote cryptocurrency scams. MalwareHunterTeam has been tracking this type of activity on X lately and reported several notable examples of compromised "Gold" and "Grey" accounts.
American cybersecurity firm and Google Cloud subsidiary Mandiant had its X (formerly Twitter) account compromised for more than six hours by an unknown attacker to propagate a cryptocurrency scam....