The cybersecurity threat posed by phishing attacks is growing more dangerous as cybercriminals increasingly rely on phishing kits, which are pre-made malicious packages that allow anyone with minimal technical knowledge to launch sophisticated data-stealing scams. Phishing kits are now widely available on the dark web… Read More
Read more in: Fintech | Tagged Adrianus Warmenhoven, NordVPN, phishing, Phishing as a service
Blockchain security firm SlowMist released a detailed report exposing a critical vulnerability in SwitchyOmega, a widely used Chrome proxy-switching extension, highlighting its potential to steal users’ private keys. The report from SlowMist unveils a tampering incident that compromised user security, traces its origins, and offers… Read More
Read more in: Blockchain & Digital Assets | Tagged Crypto Transactions, phishing, private keys, research, security breach
In 2024, cybersecurity firm Kaspersky reportedly blocked 26% more phishing attempts worldwide compared to the previous year. Cybercriminals continued to capitalize “on well-known brands like Booking, Airbnb, TikTok and Telegram to steal credentials or install malware.” Additionally, users encountered more than “125 million attacks involving… Read More
Read more in: Global | Tagged cybercriminals, fraud, phishing, research, scams
Nearly $2.4 billion was stolen across 760 on-chain incidents in 2024. That was just one revelation in CertiK’s Hack3d: The Web3 Security Report 2024. Even though the total number of incidents decreased by roughly 4%, the amount stolen surged by 31%, meaning that even though… Read More
Read more in: Global | Tagged certik, chris larsen, cybersecurity, hacks, phishing
Recently, several users on X reported a phishing attack disguised as Zoom meeting links, according to an update from SlowMist. In one case, SlowMist pointed out that a victim installed malicious software after clicking on a fake Zoom meeting link, reportedly resulting in the “theft… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged hacking, malicious software, malware, phishing, security, slowmist, zoom meeting
NordVPN has shared insights on “unmasking” dark web deals. The team at NordVPN have looked at what tools and scams are trending among hackers this holiday / shopping season. According to the update, dark-minded hackers are able to find scam and phishing kits as well… Read More
Read more in: General News, Global | Tagged cybersecurity, e-commerce, fraud, malware, phishing, scams
SlowMist has shared its latest 2024 Q3 MistTrack Stolen Funds Analysis. Every day, SlowMist / MistTrack claims that it receives numerous requests for assistance from victims seeking help in tracking and recovering stolen/lost funds. According to the update, these cases often involve significant funds, with… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto, fraud, insights, phishing, research, scams, slowmist, Web3
Digital security firm security.org recently released its top 17 scams for 2024, and P2P payment apps top the list. The full text can be viewed here. Security.org surveyed nearly 1,100 American adults about their recent experiences with cybercriminals and the latest online schemes. They found… Read More
Read more in: General News | Tagged Brett Cruz, cryptocurrency, p2p payments, phishing, security.org
The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) have announced that major retail banks in Singapore will progressively phase out the use of One-Time Passwords (OTPs) for bank account login by customers who are digital token users within the… Read More
Read more in: Asia, General News | Tagged mas, monetary authority of singapore, phishing, scams, singapore
Even though credit card fraud is increasing in the United States, a report from security.org said it is still poorly understood. As more people use cards and spend digitally, it opens the door for fraudulent activity; in 2023, an estimated 52 million Americans suffered credit… Read More
Read more in: Fintech | Tagged credit cards, digital finance, digital wallets, fraud, phishing, security.org
On April 17, 2024, London’s Metropolitan Police had announced the disruption of LabHost, which is described in an update by Chainalysis as a “notorious” phishing-as-a-service (PhaaS) provider that enabled cybercriminals to “breach the bank accounts of victims around the world, following an operation conducted in… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged analysis, chainalysis, cybercrime, financial crime, phishing
Financial crime prevention professionals at SEON have released their latest ‘Global Cybercrime Report’, which highlights the varying dangers associated “with cyber threats around the world.” The insightful report “combines data from three major cybersecurity authorities; National Cyber Security Index, the Global Cybersecurity Index, and the… Read More
Read more in: General News, Global | Tagged cyber threats, cybersecurity, financial crime, fraud, fraud prevention, fraudulent activity, insights, Jimmy Fong, phishing, research, Research Report, Research Study, SEON
The past 12 months have seen phishing attacks rise 29% globally to reach a new record of 873.9M attacks, with the highest uptake of over 400% in the retail and wholesale industries, according to the 2022 ThreatLabz Phishing Report by ZscalerTM. The United States, Singapore,… Read More
Read more in: Fintech, Featured Headlines, Global | Tagged cyberattacks, cybercrime, cybercriminals, europe, financial crime, fraud, fraudulent activities, interview, n26, phishing, phishing attacks, scams
Bored Ape Yacht Club (BAYC) has reportedly been compromised for the third time this year, with a hacker able “to steal and sell NFTs, making away with 142 ETH, equivalent to over $250,000.” The hacker conducted a phishing attack, “whereby they shared a fake phishing… Read More
Read more in: Global, Blockchain & Digital Assets, General News | Tagged bayc, bored ape yacht club, certik, crypto-assets, digital assets, digital collectibles, discord, eth, ethereum, hack, incident report, nfts, non-fungible tokens, online theft, phishing, report, theft, tornado.cash
The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement of around SGD 330 million on OCBC Bank. The city-state’s regulatory authority noted that this latest move was in response to the deficiencies in the banking institution’s response to a set of “spoofed”… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged digital financial services, financial services, fraud, fraudulent activities, marcus lim, mas, monetary authority of singapore, phishing, scam, scams, singapore, southeast asia
OpenSea is in the midst of figuring out an attack on its platform that appears to be a phishing scheme according to tweets by the company and its CEO. At some point yesterday, OpenSea stated that a phishing scam had caused 32 users to sign… Read More
Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion | Tagged devin finzer, hack, nft, non-fungible tokens, opensea, phishing
Mark Zuckerberg‘s Meta is teaming up Fintech Chime in order to go after (alleged) Nigerian scammers that the firms claim have been using social media channels to trick or deceive unsuspecting users out of their hard-earned cash. As reported by Newsweek, the lawsuit marks the… Read More
Read more in: Blockchain & Digital Assets, Fintech, Politics, Legal & Regulation | Tagged africa, chime, facebook, financial crime, fraud, fraudulent activities, instagram, mark zuckerberg, meta, nigeria, phishing, phishing scams, scammers, scams, social media, united states, us
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have responded to a recent spike in SMS phishing scams by introducing stricter security measures, they announced this week. The MAS said it expects all financial institutions to have “robust measures”… Read More
Read more in: Asia, Politics, Legal & Regulation | Tagged association of banks in singapore, cyber fraud, mas, phishing, ravi menon, wee ee cheong
British individuals and businesses have been scammed for £5.7m in losses from just under 15,000 reported cybercrime incidents so far in 2021, research from click fraud prevention firm PPC Shield reveals. Malicious hacking, fraudulent use of social media accounts and email scams are the top methods, accounting for… Read More
Read more in: Fintech, Global | Tagged cybercrime, malware, phishing, uk, united kingdom
The team at digital assets firm Kraken recently alerted users that modified hardware wallets were “spotted in the wild.” Recently, someone on the Ledger subreddit had reported getting an unsolicited package with a Ledger Nano X accompanied by a letter from “the CEO” at Ledger…. Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto security, crypto wallets, crypto-assets, digital assets, hardware wallets, incident report, kraken, kraken security labs, nano s, phishing, phishing attacks, scam, scammers
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