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Showing 15 most recent headlines Filtered view

Researchers Estimate Losses Ranging From Hundreds of Millions to BillionsA Chinese-language phishing-as-a-service platform scammed between $470 million to $1 billion from soccer fans ahead of the 2026 FIFA World Cup starting next month. Domain-by-domain takedowns will not stop this, Group-IB warned.

Bank Info Security 1 month, 4 weeks ago

Android Ad Fraud Operation Generates 659M Bid Requests

Researchers Identify 455 Malicious Apps Tied to Global Malvertising CampaignCybercriminals used malicious Android apps to funnel unwitting users to an ad fraud scam that generated up to 659 million daily bid requests, reports Human Security. The scam has spanned 455 malicious Android apps and is linked to 183 threat actor-owned command-and-control domains.

Bank Info Security 5 months, 1 week ago

Fake Out: 0APT Data-Leak Ransomware Group Branded a Scam

Bitcoin Joining Fee for Affiliates and No Proven Victims Cited by ResearchersNewcomer ransomware group 0APT is being branded a "likely scam operation," not least after a list of over 200 supposed victims turned out to be bogus, if not entirely AI-generated - never mind a 1 bitcoin joining fee for would-be affiliates and outdated crypto-locking malware.

Bank Info Security 9 months, 3 weeks ago

North Korea Fake Job Recruiters Up Their Backdoor Game

Eset: Lazarus Group Shares Backdoor With Newer Pyongyang Threat ActorA gang of North Korean hackers behind fake IT job recruitment scams now have access to a remote access Trojan favored by their more technically advanced counterparts tracked collectively as the Lazarus Group, say security researchers.

Bank Info Security 10 months, 3 weeks ago

Agentic AI Browser an Easy Mark for Online Scammers

One Prompt Was Enough for AI Agent to Buy, Click and Expose Sensitive DataAI agents that shop and surf the web on behalf of users are suckers for scams, find security researchers who sicced a fake online story, a phishing email and a fake captcha on Perplexity's AI-powered web browser Comet. The AI's logic was not designed to weigh credibility or risk.

Bank Info Security 1 year, 4 months ago

Popular Voice Cloning Tools Lack Safeguards

Abuse Can Lead to Fraud, Impersonation ScamsNeed a new voice? Artificial intelligence has you covered. Need to protect your own? That's another story. Some of the most widely used AI voice synthesis tools offer only superficial safeguards against misuse - if any at all, researchers found in a recent analysis.

Also: US Prosecutors Charge Suspected North Korean IT Worker CollaboratorsThis week, researchers spied Palo Alto firewall flaws, a North Korean IT worker conspiracy, ChatGPT as DDoS vector. Chinese hackers targeted a VPN maker, a fake PyPi package and a Russian threat actor shifted tactics. BreachForums admin faces prison and scammers used the release of Ross Ulbricht.

Criminals Listed 269 Million Stolen Payment Card For Sale in 2024, Researchers FindIt's an old story: Criminals rake in profits by using digital "e-skimming" software, running scam e-commerce sites and selling stolen payment card data. Unfortunately, it's made continually new thanks to adaptability of cybercriminals, who keep their tool set relevant and ever more lucrative.

Tehran Baits Aerospace Sector into Downloading Malware With Fake Job OffersIranian state hackers are taking a page out of North Korean tactics to entice job seekers into downloading malware, with security researchers spotting a Tehran campaign directed against the aerospace industry. It's possible that Pyongyang shared its attack methods and tools.

Bank Info Security 1 year, 8 months ago

Deepfake Phone Scams for Less Than a Dollar a Pop

Academics Build AI Agent With OpenAI to Execute Phone Scams at ScaleHackers can use OpenAI's real-time voice API to carry out for less than a dollar deepfake scams involving voice impersonations of government officials or bank employees to swindle victims, said researchers at the University of Illinois Urbana-Champaign.

Bank Info Security 1 year, 10 months ago

How Cybercrime Fuels Human Trafficking and Gambling Scams

Infoblox Researchers on Links Between Human Trafficking, Cybercrime and GamblingIllegal gambling operations depend on trafficked individuals to perform cybercriminal activities. Threat researchers at Infoblox explain how cybercriminals use trafficked people for operations such as pig-butchering scams and leverage European sports sponsorships to boost illegal gambling websites.

Bank Info Security 2 years, 3 months ago

AI Is Making Payment Fraud Better, Faster and Easier

AI Is Also Making Traditional Scams More Convincing, Warns VisaArtificial intelligence technologies such as generative AI are not helping fraudsters create new types of scams. They are doing just fine relying on the traditional scams, but the advent of AI is helping them scale up attacks and snare more victims, according to researchers at Visa.

Bank Info Security 2 years, 4 months ago

Mobile-Driven Phishing Spoofs FCC, Cryptocurrency Giants

Researchers Say Hackers Used Fake Login Pages to Trick 100 Victims, Crypto WorkersA new phishing campaign is targeting victims through mobile devices by mirroring legitimate login pages for the Federal Communications Commission and large cryptocurrency platforms including Binance and Coinbase. At least 100 victims, including crypto company employees, have fallen for the scam.

Bank Info Security 2 years, 5 months ago

Banking Trojan Harvests Facial Biometrics for AI Deepfakes

GoldPickaxe Malware Can Record User’s Face - Use Video to Commit Deepfake ScamsA Chinese-speaking cybercrime group with the codename GoldFactory has built a new Android and iOS banking Trojan, GoldPickaxe, that can harvest and steal personal details, including biometric face profiles, that attackers use to create AI-driven deepfakes to fool bank defenses, researchers warn.

Bank Info Security 2 years, 6 months ago

Crypto-Seeking Drainer Scam-as-a-Service Operations Thrive

$295 Million in Digital Assets Lost Last Year to Wallet Drainers, Researchers WarnCryptocurrency phishing scams designed to send crypto owners to fake versions of legitimate sites, recently disseminated via hijacked high-profile social media accounts, highlight the ongoing use of drainer scam-as-a-service offerings, which researchers say last year led to $295 million in losses.