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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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Also: Taiwan Charges 14 in $41M Fraud; 1,200 Arrested in Cybercrime BustThis week, a scammer posed as police to steal bitcon, Taiwan charged 14 in a $41M fraud case, U.S. regulators lifted a consent order on Anchorage Digital, U.S. federal prosecutors said "writing code" alone is not a crime and the U.S. Commodity Futures Trading Commission expanded crypto engagement.

Bank Info Security 10 months, 2 weeks ago

Cryptohack Roundup: Scammer Posing as UK Police Steals Bitcon

Also: Taiwan Charges 14 in $41M Fraud; 1,200 Arrested in Cybercrime BustThis week, a scammer posed as police to steal bitcon, Taiwan charged 14 in a $41M fraud case, U.S. regulators lifted a consent order on Anchorage Digital, U.S. federal prosecutors said "writing code" alone is not a crime and the U.S. Commodity Futures Trading Commission expanded crypto engagement.

Krebs on Security 10 months, 2 weeks ago

Affiliates Flock to ‘Soulless’ Scam Gambling Machine

Last month, KrebsOnSecurity tracked the sudden emergence of hundreds of polished online gaming and wagering websites that lure people with free credits and eventually abscond with any cryptocurrency funds deposited by players. We've since learned that these scam gambling sites have proliferated thanks to a new Russian affiliate program called "Gambler Panel" that bills itself as a "soulless project that is made for profit."

Bank Info Security 10 months, 2 weeks ago

How ACI Worldwide Plans to Take APP Scams Head-On - Part 2

XML-Based Messaging Tech Extends Fraud Detection Into Wider Bank Use CasesACI's signals network intelligence harnesses neural networks and federated machine learning to spot fraud in real time without banks sharing data. Beyond fraud detection, its insights can drive business growth from other business units, and ACI aims to accelerate adoption by making it open source.

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.