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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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Also: Hackers Stole From Verus Bridge, ThorChain and Echo ProtocolThis week, Forsage's co-founder was extradited to the U.S. over a $340M scam, hackers stole from Verus Bridge, ThorChain and Echo Protocol, ZachXBT alleged insider control behind LAB token surge, an Ohio man was sentenced in a Ponzi scheme case and crypto ATM scams cost Americans $388M in 2025.

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.