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A new report from INTERPOL has revealed a "dramatic increase" in cybercrime in Asia and the South Pacific, fueled by rapid digitalization, internet penetration, new technologies, organized criminal networks, and a disparity in cybersecurity maturity
Cybersecurity researchers have disclosed details of a telecommunications fraud campaign that uses fake CAPTCHA verification tricks to dupe unsuspecting users into sending international text messages that incur charges on their mobile bills, generating illicit revenue for the threat actors who lease the phone numbers
Fake high-yield investment platforms are surging worldwide, promising "guaranteed" returns that mask classic Ponzi schemes.CTM360 explains how HYIP scams scale through social media, recycled templates, and referral abuse. [...]
Microsoft plans to introduce a call reporting feature in Teams by mid-March, allowing users to flag suspicious or unwanted calls as potential scams or phishing attempts. [...]
ITRC report charts shocking rise of identity fraud victims driven to thoughts of self-harm
A newly released report by cybersecurity firm CTM360 reveals a large-scale scam operation utilizing fake news websites—known as Baiting News Sites (BNS)—to deceive users into online investment fraud across 50 countries
A mobile ad fraud operation dubbed IconAds that consisted of 352 Android apps has been disrupted, according to a new report from HUMAN
Mandiant Says Malware Spread Through Fake AI Video Ads Seen by MillionsOnline scammers are converting excitement over generative artificial intelligence into fraudulent sites that infect victims with malware, says threat intel firm Google Mandiant in a report exposing a year-long campaign to distribute infostealers and backdoors.
A Chinese-language, Telegram-based marketplace called Xinbi Guarantee has facilitated no less than $8.4 billion in transactions since 2022, making it the second major black market to be exposed after HuiOne Guarantee
The threat actors behind the Darcula phishing-as-a-service (PhaaS) platform have released new updates to their cybercrime suite with generative artificial intelligence (GenAI) capabilities
Cybercrime Cartels Moving to Places With Limited Law Enforcement CapacitiesCyber scam operations in Southeast Asia have assumed industrial-scale proportions, warns a United Nations report highlighting the rise of criminal groups with global ambitions. The region is a "key testing ground for transnational criminal networks looking to expand their influence," warned UNDOC.
Google blocked 5.1 billion ads and suspended more than 39.2 million advertiser accounts in 2024, according to its 2024 Ads Safety Report released this week. [...]
At-Bay Cyber Insurance Claims Report Finds 83% of Financial Fraud Starts With EmailFinancial fraud remains the leading driver of cyberinsurance claims, with 83% of cases traced back to email-based attacks. Common tactics used to deceive employees include wiring funds to fraudulent accounts, generative AI-crafted emails, executive and vendor impersonation and BEC scams.
New Hiya data finds 26% of UK consumers encountered a deepfake scam call in Q4 2024
A CloudSEK report revealed Zendesk's platform can be exploited for phishing and investment scams
Cybersecurity researchers have identified infrastructure links between the North Korean threat actors behind the fraudulent IT worker schemes and a 2016 crowdfunding scam
Experts Weigh the Pros and Cons of Work Culture and Merging AML and Fraud TeamsA recent report found that more than 57,000 Americans fall victim to scams every day. Financial fraud is rising globally. In response, the National Automated Clearinghouse Association is pushing for real-time fraud monitoring by 2026, requiring closer collaboration between fraud and AML teams.
Cybersecurity researchers have shed light on a sophisticated mobile phishing (aka mishing) campaign that's designed to distribute an updated version of the Antidot banking trojan
Report Reveals North Korean Workers Expanding into Intellectual Property TheftNorth Korean threat actors posing as remote information technology workers are increasingly extorting ransom from Western companies after securing jobs under false pretenses, according to a new report from Secureworks' counter threat unit.