scams

Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing

Galxe protocol experiences DNS attack, losses top $150,000 so far and still growing 06/10/2023 at 21:03 By Cointelegraph By Derek Andersen The Web3 platform’s website has been restored, but the company still warns against using it. The hack may be linked to September’s attack on Balancer. This article is an excerpt from Cointelegraph.com News View […]

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Crypto Ponzi scheme AirBit: All but one exec now sentenced

Crypto Ponzi scheme AirBit: All but one exec now sentenced 04/10/2023 at 12:02 By Cointelegraph By Helen Partz AirBit Club co-founder Dos Santos is now the last AirBit defendant not yet sentenced but is scheduled to learn his fate on Oct. 4, 2023. This article is an excerpt from Cointelegraph.com News View Original Source React

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Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report

Q3 2023 crowned most ‘damaging’ quarter for crypto amid $700M losses: Report 02/10/2023 at 13:02 By Cointelegraph By Ezra Reguerra Private keys getting compromised took over $204 million across 14 security incidents in the third quarter of 2023. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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September becomes the biggest month for crypto exploits in 2023: CertiK

September becomes the biggest month for crypto exploits in 2023: CertiK 02/10/2023 at 10:07 By Cointelegraph By Martin Young The Mixin Network cross-chain protocol accounted for almost two-thirds of the crypto exploit losses in September. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Protecting against FraudGPT, ChatGPT’s evil twin

Protecting against FraudGPT, ChatGPT’s evil twin 02/10/2023 at 07:01 By Help Net Security FraudGPT is the evil counterpart to ChatGPT. Criminals use it to target businesses with phishing emails and scams with speed and accuracy like never before. The AI can be prompted to create the most realistic phishing emails, perfected down to a business’

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Lawyer who laundered $400M from OneCoin scam denied new trial: Report

Lawyer who laundered $400M from OneCoin scam denied new trial: Report 19/09/2023 at 08:03 By Cointelegraph By Tom Mitchelhill A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019. This article is an excerpt

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How should SMBs navigate the phishing minefield?

How should SMBs navigate the phishing minefield? 13/09/2023 at 07:47 By Zeljka Zorz In this Help Net Security interview, Pete Hoff, CISO at Wursta, offers advice to SMB security leaders and professionals on how to minimize the threat phishing presents to their organization’s operations and long-term success. What makes phishing attacks particularly challenging for small

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MetaMask scammers take over government websites to target crypto investors

MetaMask scammers take over government websites to target crypto investors 05/09/2023 at 13:02 By Cointelegraph By Arijit Sarkar Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Cybercriminals use research contests to create new attack methods

Cybercriminals use research contests to create new attack methods 01/09/2023 at 07:17 By Help Net Security Adversary-sponsored research contests on cybercriminal forums focus on new methods of attack and evasion, according to Sophos. The contests mirror legitimate security conference ‘Call For Papers’ and provide the winners considerable financial rewards and recognition from peers and also

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Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth 25/08/2023 at 16:18 By Cointelegraph By Prashant Jha Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL. This article is an excerpt from Cointelegraph.com News View Original Source

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UK considers blanket ban on crypto investment cold calls

UK considers blanket ban on crypto investment cold calls 24/08/2023 at 11:30 By Cointelegraph By Arijit Sarkar The UK Treasury released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Surge in identity crime victims reporting suicidal thoughts

Surge in identity crime victims reporting suicidal thoughts 23/08/2023 at 15:02 By Helga Labus Identity theft can have great financial impact on the victims, but the experienced emotional, physical and psychological impact can be even more devastating, according to the 2023 Consumer Impact Report from the Identity Theft Resource Center (ITRC) and Experian. The report

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Cybercriminals turn to AI to bypass modern email security measures

Cybercriminals turn to AI to bypass modern email security measures 23/08/2023 at 06:31 By Help Net Security Cybercriminals employ artificial intelligence (AI) to create complex email threats like phishing and business email compromise (BEC) attacks, while modern email security systems use AI to counter these attacks, according to Perception Point and Osterman Research. AI’s role

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7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store

7 fake cryptocurrency investment apps discovered in Google Play, Apple App Store 03/08/2023 at 09:47 By Help Net Security Sophos released new findings on CryptoRom scams—a subset of pig butchering schemes designed to trick users of dating apps into making fake cryptocurrency investments. Since May, Sophos X-Ops has observed CryptoRom fraudsters refining their techniques, including

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CISOs gear up to combat the rising threat of B2B fraud

CISOs gear up to combat the rising threat of B2B fraud 27/07/2023 at 06:02 By Help Net Security The ongoing banking and economic turmoil has opened the floodgates to fraudsters. In this Help Net Security video, ex-British Intelligence officer Alex Beavan, Head of Ethics and Anti-Corruption at Convera, discusses how fraudsters target businesses and his

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Growing scam activity linked to social media and automation

Growing scam activity linked to social media and automation 17/07/2023 at 06:02 By Help Net Security The average number of scam resources created per brand across all regions and industries more than doubled year-on-year in 2022, up 162%, according to Group-IB. Additionally, the total number of scam pages detected by Group-IB in 2022 was more

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Scammers using AI voice technology to commit crimes

Scammers using AI voice technology to commit crimes 07/07/2023 at 06:03 By Help Net Security The usage of platforms like Cash App, Zelle, and Venmo for peer-to-peer payments has experienced a significant surge, with scams increasing by over 58%. Additionally, there has been a corresponding rise of 44% in scams stemming from the theft of

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Cybercriminals use legitimate websites to obfuscate malicious payloads

Cybercriminals use legitimate websites to obfuscate malicious payloads 02/06/2023 at 06:33 By Help Net Security According to Egress, the evolving attack methodologies currently used by cybercriminals are designed to get through traditional perimeter security. “The evolution of phishing emails continues to pose a major threat to organizations, emphasizing the need to enhance defenses to prevent

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Phishing campaigns thrive as evasive tactics outsmart conventional detection

Phishing campaigns thrive as evasive tactics outsmart conventional detection 01/06/2023 at 06:21 By Help Net Security A 25% increase in the use of phishing kits has been recorded in 2022, according to Group-IB. The key phishing trends observed are the increasing use of access control and advanced detection evasion techniques. The rise in evasive tactics,

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Threat actors exploit new channels for advanced phishing attacks

Threat actors exploit new channels for advanced phishing attacks 26/05/2023 at 07:36 By Help Net Security Perception Point’s team has identified a 356% increase in the number of advanced phishing attacks attempted by threat actors in 2022. Overall, the total number of attacks increased by 87%, highlighting the growing threat that cyber attacks now pose

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