Fraud

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The Evolution of Phishing: The Spear Is Aimed at You

You can’t go a week without seeing a story about a data breach or ransomware hitting organizations. These breaches can be very costly, but they still continue to show up. Are the good guys not winning the cybersecurity war? Organizations invest millions of dollars in security products and services, but they keep getting breached.

tripwire

Top Tax Scams to Watch out For

Diligent taxpayers are being increasingly targeted by con artists who are well-versed in manipulating the revenue system. The crooks usually impersonate IRS (U.S. Internal Revenue Service) officials, sending fake emails or messages on social media in an attempt to defraud the targeted individuals of their money. Unfortunately, lots of people fall for these scams, and the malefactors are raking in significant profits. Below is a list of the prevalent tax swindles doing the rounds nowadays.

upguard

What is Email Spoofing?

Email spoofing is the creation of emails with a forged sender address. Because core email protocols lack authentication, phishing attacks and spam emails can spoof the email header to mislead the recipient about the sender of the email. The goal of email spoofing is to get recipients to open, respond and engage with the email message. Email spoofing can greatly increase the effectiveness of phishing and other email-based cyber attacks by tricking the recipient into trusting the email and its sender.

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A Guide on 5 Common LinkedIn Scams

The fact that scammers haunt Facebook and Twitter is not surprising. Even so, digital criminals don’t stop with just those two platforms. They’re also known to stalk users on LinkedIn where connections carry greater professional gravity. Fortunately, users can stay alert of such activity by familiarizing themselves with the most common types of LinkedIn scams. Here are five ruses, in particular, that should be on their radar.

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Toyota Parts Supplier Loses $37 Million in Email Scam

Toyota Boshoku, a seating and interiors supplier for Toyota cars, has revealed that it was tricked into moving a large amount of money into a bank account controlled by scammers. In a statement published on its global website, Toyota Boshoku Corporation said that its European subsidiary was duped into transferring approximately four billion yen (over US $37 million) out of the business and into a bank account controlled by criminals on 14 August.

nnt

23 Million Stolen Debit and Credit Cards Found on the Dark Web

Researchers at Sixgill recently discovered more than 23 million stolen debit and credit cards for sale on the dark web. The majority of stolen cards found on the site were issued in the US, more than 15 million, making up almost two out of every three cards. The UK was the second biggest hit. The researchers noted that only 316 stolen cards were Russian issued, claiming this is due to the relatively low GDP of the country that makes Russian citizens less attractive targets.

alienvault

How to prevent elder abuse and financial fraud

The elderly population in the U.S has been on a steady incline for the past few decades. With more seniors living longer new challenges arise. Unfortunately, many seniors become vulnerable to different types of abuse, neglect, and exploitation as they age. The National Council on Aging estimates that financial fraud and abuse against seniors costs older Americans up to $36.5 billion each year.

websitepulse

10 Ways to Protect Your eCommerce Site From Hacking and Fraud

According to the Hacked Website Report by Sucuri, the number of websites getting compromised by hackers is increasing every year. The damage related to cybercrime is expected to hit $6 trillion by the end of 2020. If you are planning to launch an eCommerce website or already running a successful one, you must have to upgrade the security of your website regularly. Here, I am sharing some useful ways to keep your eCommerce site safe from hackers and fraudsters.

tripwire

YouTube Attacks to Watch Out For in 2019

YouTube, the world’s top provider of streaming multimedia content, keeps reaching new heights in terms of its popularity. Nearly two billion monthly users and five billion videos watched every single day – these impressive statistics speak for themselves, and the numbers are steadily growing year over year. Everybody loves YouTube and so do cybercriminals, only in their very own nefarious way.