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Strategies for combating AI-enhanced BEC attacks

access management, Artificial Intelligence, BEC scams, credentials, cybercrime, cybersecurity, Don't miss, Features, Hot stuff, News, opinion, remote working, scams, strategy, TeamViewer /

Strategies for combating AI-enhanced BEC attacks 2024-05-21 at 07:31 By Mirko Zorz In this Help Net Security interview, Robert Haist, CISO at TeamViewer, discusses how AI is being leveraged by cybercriminals to enhance the effectiveness of BEC scams. How is AI being leveraged by cybercriminals to enhance the effectiveness of BEC scams? BEC attacks are […]

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YouTube has become a significant channel for cybercrime

Avast, cybercrime, cybersecurity, deepfakes, News, report, scams, social engineering, survey /

YouTube has become a significant channel for cybercrime 2024-05-21 at 06:31 By Help Net Security Social engineering threats – those which rely on human manipulation – account for most cyberthreats faced by individuals in 2024, according to Avast. According to the latest quarterly Avast Threat Report, which looks at the threat landscape from January-March 2024,

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Binance develops ‘antidote’ to address poisoning scams after $68M exploit

Address Poisoning Scam, Address Spoofing, Binance Security, Bitcoin Scams, crypto scam, Cryptocurrencies, cybersecurity, exploit, scams, security /

Binance develops ‘antidote’ to address poisoning scams after $68M exploit 2024-05-16 at 14:01 By Cointelegraph by Zoltan Vardai Binance’s new algorithm has already helped detect over 13.4 million spoofed blockchain addresses on BNB and over 1.68 million on Ethereum. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Solana-based Cypher developer confesses to gambling away $300K of user funds

Cryptocurrencies, Cypher Developer, Cypher protocol, Cypher Theft, Decentralized Exchange, gambling, scams, Solana-based developer /

Solana-based Cypher developer confesses to gambling away $300K of user funds 2024-05-15 at 12:01 By Cointelegraph by Zoltan Vardai The insider’s exploit went unnoticed for months, despite over 36 individual transactions. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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WBTC thief returns $71 million worth of stolen funds

Bitcoin Scams, hackers, Hacks, scams /

WBTC thief returns $71 million worth of stolen funds 2024-05-13 at 16:01 By Cointelegraph by Zoltan Vardai On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved. This article is an excerpt from Cointelegraph.com News View Original

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ZKasino scam suspect arrested, $12.2M seized by Dutch authorities

Cryptocurrencies, gambling, scams /

ZKasino scam suspect arrested, $12.2M seized by Dutch authorities 2024-05-03 at 12:01 By Cointelegraph by Zoltan Vardai Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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April sees $25M in exploits and scams, marking historical low ― Certik

april 2024, CertiK, condomsol, fixed float, Hacks, scams /

April sees $25M in exploits and scams, marking historical low ― Certik 2024-04-30 at 20:01 By Cointelegraph by Christopher Roark Losses from hacks and scams reached their lowest level since 2022 when Certik first started recording the data, as flash loan attacks and private key hacks decreased. This article is an excerpt from Cointelegraph.com News

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Triangulation fraud: The costly scam hitting online retailers

Artificial Intelligence, attacks, authentication, biometrics, cybersecurity, Don't miss, Features, fraud, Hot stuff, News, online payment, opinion, remote access, scams, Visa /

Triangulation fraud: The costly scam hitting online retailers 2024-04-30 at 08:01 By Mirko Zorz In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among merchants. He also highlights the

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DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP

DeFi, Fireblocks, Hacks, institutions, scams, Transactions /

DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP 2024-04-24 at 16:01 By Cointelegraph by Jesse Coghlan Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Scammers eye Toncoin as Telegram-TON partnership grabs headlines

cybercrime, pyramid scheme, scams, Telegram, TON /

Scammers eye Toncoin as Telegram-TON partnership grabs headlines 2024-04-23 at 12:02 By Cointelegraph by Gareth Jenkinson Telegram’s integration of the TON blockchain and its native Toncoin token has become a honeypot for scammers promoting a referral pyramid scheme. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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People doubt their own ability to spot AI-generated deepfakes

Artificial Intelligence, cybercrime, cybersecurity, deepfakes, election security, McAfee, News, report, scams, survey /

People doubt their own ability to spot AI-generated deepfakes 2024-04-23 at 07:01 By Help Net Security 23% of Americans said they recently came across a political deepfake they later discovered to be fake, according to McAfee. The actual number of people exposed to political and other deepfakes is expected to be much higher given many

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Thailand will block unlicensed crypto exchanges ‘to solve online crimes’

Cryptocurrency Exchange, India, money laundering, Philippines, scams, SEC, Thailand /

Thailand will block unlicensed crypto exchanges ‘to solve online crimes’ 2024-04-22 at 13:03 By Cointelegraph by Arijit Sarkar Thailand’s decision to block unlicensed firms was inspired by India and the Philippines, which recently banned all off-shore exchanges that failed to comply with local regulatory mandates. This article is an excerpt from Cointelegraph.com News View Original

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White hat hacker group SEAL launches crypto threat-sharing center

cyber-attacks, Hacks, Samczsun, scams, SEAL, security /

White hat hacker group SEAL launches crypto threat-sharing center 2024-04-17 at 18:01 By Cointelegraph by Martin Young The Security Alliance said it’s helped to recover $50 million since it formed, and now it has launched a tool to assist in fighting crypto hacks in real time. This article is an excerpt from Cointelegraph.com News View

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Scam crypto projects using stolen funds for liquidity disappear

hackers, Hacks, investigation, scams, Twitter /

Scam crypto projects using stolen funds for liquidity disappear 2024-04-15 at 12:04 By Cointelegraph by Arijit Sarkar Blockchain investigator ZachXBT identified scammers providing liquidity funds to several fake projects across multiple blockchains, including Base, Solana, Scroll, Optimism, Arbitrum, Ethereum and Avalanche. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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IRS investigation chief expects uptick in crypto tax evasion this year

CNBC, crypto irs, crypto tax, crypto tax crimes, crypto tax evasion, crypto tax fraud, crypto taxes, Cryptocurrencies, IRS, scams, Taxes /

IRS investigation chief expects uptick in crypto tax evasion this year 2024-04-15 at 04:06 By Cointelegraph by Tom Mitchelhill IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with crypto-related tax crimes amid tax reporting season. This article is an excerpt from Cointelegraph.com News View Original Source

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Mango Markets heist like a fake diamond ring scam: Prosecutor

court, Cryptocurrencies, law, scams /

Mango Markets heist like a fake diamond ring scam: Prosecutor 2024-04-10 at 05:02 By Cointelegraph by Tom Mitchelhill Avi Eisenberg’s alleged Mango Markets exploit was a “modern twist” on a classic con, prosecutors argued, but Eisenberg is adamant his actions were legal. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Etherscan ads behind massive phishing campaign

Advertisement, phishing, scams, Transactions, Wallet /

Etherscan ads behind massive phishing campaign 2024-04-08 at 11:01 By Cointelegraph by Arijit Sarkar The wallet drainer scam involves luring users into fake websites and prompting them to link their crypto wallets and eventually draining all funds. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Securing your crypto funds: Exchanges add support for hardware 2FA

Binance, Bitcoin Wallet, Coinbase, Cryptocurrencies, cybersecurity, Gemini, hackers, Hacks, Hardware Wallet, phishing, scams, security, Technology, Wallet /

Securing your crypto funds: Exchanges add support for hardware 2FA 2024-04-05 at 17:02 By Cointelegraph by Rachel Wolfson As phishing attacks rise, crypto exchanges tell users to keep their funds safe by using YubiKey devices and Passkeys, along with hardware wallets. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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Google sues alleged China crypto app racketeers: Report

China, Cryptocurrencies, fraud, Google, scams /

Google sues alleged China crypto app racketeers: Report 2024-04-04 at 15:01 By Cointelegraph by Zoltan Vardai Approximately 100,000 users have downloaded fraudulent apps from Google Play, but the amount of user funds lost remains unknown. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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