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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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Background for this topic.

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 years, 2 months ago

Cryptohack Roundup: BTC-e's Alex Vinnik Pleads Guilty

Also: Arrests in a $43M Ponzi Scheme and Arrest in ZKasino CaseThis week, BTC-e head pleaded guilty; arrests were made in Ponzi scheme, ZKasino case; charges filed in Cred scam; individual and Pike Finance were hacked; Hundred Finance's hacker moved stolen funds; the EU took down an exit scam; the feds probed Block' and crypto scammers were arrested.

Bank Info Security 2 years, 2 months ago

Breach Roundup: LockBit Claims Wichita Attack

Also: New Attack Threatens VPN User Privacy; Android Malware Targets FinlandThis week, LockBit claimed responsibility for an attack, British Columbia probed an attack, the "TunnelVision" flaw threatened VPN users' privacy, a CEO was sentenced for a scam, attackers exploited a WordPress plug-in flaw, Zscaler probed a breach and Finland warned about Android malware scams.