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Cybersecurity researchers have disclosed details of fraudulent activity targeting users across the Middle East and North Africa by employing various fraudulent Facebook accounts impersonating politicians, public figures, and trusted organizations

Don’t trust mystery digits popping up in your search bar Scammers are hijacking the search results of people needing 24/7 support from Apple, Bank of America, Facebook, HP, Microsoft, Netflix, and PayPal in an attempt to trick victims into handing over personal or financial info, according to Malwarebytes senior director of research Jérôme Segura.…

Bank Info Security 1 year, 2 months ago

Hackers Hijack NFC for Instant Payment Fraud

Attack Combines Social Engineering and Card Emulation to Execute Real-Time TheftHackers are using Chinese-speaking Android malware-as-a-service SuperCard X to carry out near-field communication relay attacks, siphoning payment card data and executing live point of sale and ATM transactions. Victims receive spoofed SMS or WhatsApp alerts purporting to originate from their bank.

Cheap Android smartphones manufactured by Chinese companies have been observed pre-installed with trojanized apps masquerading as WhatsApp and Telegram that contain cryptocurrency clipper functionality as part of a campaign since June 2024

Bank Info Security 1 year, 3 months ago

Breach Roundup: A WhatsApp Flaw Ushered in Spyware

Also: France Temporarily Lifts Pavel Durov's Travel Ban Amid Telegram ProbeThis week, Paragon Solutions spread through WhatsApp, France suspended Pavel Durov's travel ban, Vapor malware hit 60M Android users, state-backed hackers exploit a Windows flaw, Western Alliance Bank exposed customers data, Apple fixed a passwords bug, and a sperm bank exposed customer information.

Bank Info Security 1 year, 6 months ago

Meta's Fact-Checking Pullback Could Help Scammers Thrive

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.

Bank Info Security 1 year, 6 months ago

Meta's Fact-Checking Pull Back Could Help Scammers Thrive

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.

Facebook Unveils Community Notes Program But Has Done Little to Curb FraudMeta has decided to end its fact-checking program. Meta CEO Mark Zuckerberg announced significant changes to the company's moderation policies and practices on Tuesday, attributing the shift to a renewed commitment to free speech. Some fear the move will embolden financial scammers.

Meta Platforms, the parent company of Facebook, Instagram, WhatsApp, and Threads, has been fined €251 million (around $263 million) for a 2018 data breach that impacted millions of users in the bloc, in what's the latest financial hit the company has taken for flouting stringent privacy laws

Thought shadow IT and BYOD at your office was bad? Try enforcing workplace device policies on hedge fund traders Ever given a colleague a quick Signal call so you can sidestep a monitored workplace app? Well, we'd hope you're not in a highly regulated industry like staff at eleven of the world's most powerful financial firms, who yesterday were fined nearly $2 billion for off-channel comms.…

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