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Phishing uses deceptive messages to steal credentials or deliver malware, while user verification, MFA, and email filtering reduce the risk.

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Phishing is deceptive communication—by email, text, phone, or a fake website—that impersonates a trusted person or service to make someone disclose credentials, approve a transaction, reveal sensitive information, or run harmful software. Attackers use it to bypass technical controls by persuading a legitimate user to perform an action, and may target employees, customers, administrators, or suppliers.

Its impact can include account takeover, unauthorized payments, exposure of personal or business data, and access to internal systems. The most effective control for stolen-password phishing is phishing-resistant multi-factor authentication, such as hardware-backed passkeys or security keys, which binds authentication to the legitimate site. Organizations should also filter and authenticate messaging where possible, use password managers, restrict risky actions, train users to verify unusual requests through a separate channel, and provide rapid reporting so suspected credentials or sessions can be revoked.

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Several users of the Trust Wallet Chrome extension report having their cryptocurrency wallets drained after installing a compromised extension update released on December 24, prompting an urgent response from the company and warnings to affected users. Simultaneously, BleepingComputer observed a phishing domain launched by hackers. [...]

Several users of the Trust Wallet Chrome extension report having their cryptocurrency wallets drained after installing a compromised extension update released on December 24, prompting an urgent response from the company and warnings to affected users. Simultaneously, BleepingComputer observed a phishing domain launched by hackers. [...]

Bank Info Security 6 months, 3 weeks ago

AI-Driven Attacks and the Future of Security

AI is changing cybercrime in a big way. Autonomous AI agents could soon carry out entire attacks on their own -scanning servers, testing vulnerabilities, refining exploits and even launching phishing campaigns from start to finish, said David Sancho, senior threat researcher at Trend Micro.

Bank Info Security 6 months, 3 weeks ago

Cryptohack Roundup: FCA Outlines UK Crypto Rules

Also: Trader Loses $50M in USDT in Address Poisoning ScamThis week, the U.K. FCA mapped a path to U.K. crypto regulation, iComTech promoter sentenced in Ponzi case, the U.S. SEC sought public company bans for former FTX and Alameda executives, a trader lost $50M in USDT in an address poisoning scam and a Brooklyn man indicted over $16M Coinbase phishing scam.

Bank Info Security 6 months, 3 weeks ago

Breach Roundup: Spotify Metadata Dumped Online

Also: SudamericaData Leak, RaccoonO365 Arrest and Nefilim Conspirator Pleads GuiltyThis week: Spotify metadata scraped, Nissan disclosed third-party breach, millions of Argentines exposed to data leak, African police arrested hundreds in a cybercrime sweep, Nigeria nabbed a phishing operator, the U.S. DOJ charged ATM jackpotting ring and Nefilim ransomware affiliate pleaded guilty.