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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 1 year, 8 months ago

Hacker Poses as Israeli Security Vendor to Deliver Wiper

Phishing Emails Impersonating Eset Target Cybersecurity Professionals With MalwareCybercriminals posing as a top security firm in Israel have launched wiper attacks on local cybersecurity professionals after bypassing significant security measures, according to recent reports. Cybersecurity firm Eset said threat actors did not compromise its systems.

Bank Info Security 1 year, 8 months ago

North Korean IT Scam Workers Shift to Extortion Tactics

Report Reveals North Korean Workers Expanding into Intellectual Property TheftNorth Korean threat actors posing as remote information technology workers are increasingly extorting ransom from Western companies after securing jobs under false pretenses, according to a new report from Secureworks' counter threat unit.

Bank Info Security 1 year, 9 months ago

Sri Lankan Police Arrest Over 200 Chinese Scammers

Chinese Cybercrime Groups Ran Operations in Rented Hotels and Guest HousesSri Lankan authorities have arrested more than 200 Chinese nationals who they say overstayed their visitor visas and engaged in large-scale financial scam operations targeting victims across Asia. The Chinese Embassy in Colombo says it supports the law enforcement crackdown.