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Latest coverage for Scam

Scams use deception to steal money, credentials, or sensitive data, making them a cybersecurity risk for individuals and organizations.

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Scams are deceptive schemes intended to make people surrender money, credentials, sensitive information, or access. In information security, they commonly use phishing messages, impersonation, fraudulent websites, business-email compromise, fake technical support, or malicious attachments. Their defining feature is manipulation: the attacker creates a credible pretext and pressures the target to act before verifying the request.

Security teams should treat scams as an attack surface spanning email, messaging, telephone calls, social media, and payment workflows. Material risks include account takeover through stolen credentials, unauthorized payments, disclosure of personal or company data, and malware execution from deceptive content. Useful controls include phishing-resistant authentication, secure payment-change procedures with independent verification, filtering and domain protections, user training focused on reporting, and rapid review of suspicious messages or transactions. Incident handling may require revoking sessions, resetting credentials, contacting financial institutions, preserving evidence, and notifying affected parties where applicable.

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Bank Info Security 2 months, 2 weeks ago

Cryptohack Roundup: North Korea Steals Bulk of Crypto So Far

Also: Cartier Heir Imprisoned, Believe Founder Benjamin Pasternak ArrestedThis week, North Korea hacks, Cartier heir jailed, Believe founder arrested, Cambodia scam network sanctioned. A U.S. Army soldier's insider bet, Litecoin, sentences in laundering and romance fraud cases, France probed crypto kidnapping. Tennessee banned crypto ATMs, Kelp DAO and Alex Mashinsky.

Bank Info Security 2 months, 2 weeks ago

FBI-Backed Takedown Hits Crypto Scam Centers

Federal Charges Target Recruiters, Managers in Scam Centers After Global TakedownU.S. and international law enforcement agencies dismantled a network of overseas scam centers linked to cryptocurrency investment fraud schemes, officials said Wednesday, arresting at least 276 individuals in a crackdown across the Middle East and Southeast Asia.