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$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. …

Android
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 …

Retool
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 …

fake
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 …

extortion
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
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 …

crypto currency
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 …

ransomware
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 …

laptop
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, …

cryptocurrency
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 …

Michael Jabbara
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, …

Ukraine
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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