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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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Only Regulations Can Convince Meta to Cut Its Revenue Stream From Fraud VictimsHow motivated would you be to stop a source of revenue if you discovered that some of your advertisers are scamming your customers? Most businesses would want to protect their customers. In the strange universe of social media giant Meta, incentives for doing the right thing are totally different.

US Attorney Jeanine Pirro Cites Trump Goal in Making Crypto 'Safe' for InvestorsThe U.S. Attorney for the District of Columbia announced the launch of the Scam Center Strike Force, to dismantle criminal networks behind pig butchering scams. The initiative targets sophisticated transnational criminal organizations based in Southeast Asia including Cambodia, Laos and Burma.

A new theory from the agency that brought us ‘America hacked itself to blame Beijing’ China’s National Computer Virus Emergency Response Center (CVERC) has alleged a nation-state entity, probably the USA, was behind a 2020 attack on a bitcoin mining operation and by doing so has gone into bat for entities that Beijing usually blasts.…