cryptocurrency
$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. …
Code alterations more prevalent in Android apps than iOS
57% of all monitored apps are under attack, with gaming (63%) and FinServ (62%) apps facing the highest risk, according to Digital.ai. The study found no correlation between …
Attackers hit software firm Retool to get to crypto companies and assets
Retool, the company behind the popular development platform for building internal business software, has suffered a breach that allowed attackers to access and take over …
Latest fraud schemes targeting the payments ecosystem
Threat actors continued to exploit technical misconfigurations through various fraud schemes, according to a new report from Visa. These include the use of malvertising and …
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 …
Kroll SIM-swap attack: FTX, BlockFi and Genesis clients’ info exposed
Financial and risk advisory firm Kroll has suffered a SIM-swapping attack that allowed a threat actor to access files containing personal information of clients of bankrupt …
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 …
Trends in ransomware-as-a-service and cryptocurrency to monitor
In January, law enforcement officials disrupted the operations of the Hive cybercriminal group, which profited off a ransomware-as-a-service (RaaS) business model. Hive is …
Same code, different ransomware? Leaks kick-start myriad of new variants
Threat landscape trends demonstrate the impressive flexibility of cybercriminals as they continually seek out fresh methods of attack, including exploiting vulnerabilities, …
Tactics that make crypto giveaway scams so successful
The illicit market for crypto giveaway scams has expanded, offering various services to facilitate fraudulent activity. The proliferation of fake crypto giveaways can be …
Visa fraud expert outlines the many faces of payment ecosystem fraud
In this Help Net Security interview, Michael Jabbara, the VP and Global Head of Fraud Services at Visa, delves into digital skimming attacks, highlighting their common causes, …
The impact of Russia’s Ukraine invasion on digital threats
Russia’s invasion of Ukraine continues to have a major impact on energy prices, inflation, and cyberthreats, with the ransomware scene experiencing some of the biggest …
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