Identity Theft, Fraud, Scams

Facebook and Google Were Victims of a $100 Million Dollar Phishing Scam

Facebook and Google Were Victims of a $100 Million Dollar Phishing Scam

Facebook and Google were the victims of an elaborate $100M phishing attack, according to a Fortune report. In March, the Justice Department arrested Evaldas Rimasauskas, the man they believe is at the center of the cyber crime, the publication reported. According to information obtained by Fortune, from 2013-2015 Rimasauskas allegedly impersonated Quanta Computer, a Taiwanese electronics...

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Purchasing Fraud Right Off the Virtual Rack

Purchasing Fraud Right Off the Virtual Rack

The Fraud Attack Index report examined over 136 million transactions, discovering an almost 80 percent increase in domestic attacks over the last 12 months. This report examines the trends in online fraud attacks across industries, comparing the different situations experienced by different industries. Overall, 2016 saw a steady rise in online fraud attack rate, which increased 8.9 percent over...

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A Trick That Conceals Censored Websites Inside Cat Videos

A Trick That Conceals Censored Websites Inside Cat Videos

The researchers at the University of Waterloo’s cryptography lab, named Slitheen after a race of aliens from Doctor Who who wear the skins of their human victims to blend in. The system uses a technique called decoy routing, which allows users to view blocked sites while generating a browsing trail that looks exactly as if they were just browsing for shoes or watching silly videos on YouTube....

How Much Are You Revealing to Fraudsters on Facebook?

How Much Are You Revealing to Fraudsters on Facebook?

Information Age reported recently that an online survey conducted by YouGov in the UK had found that almost 30% of adults with social media accounts “include their full name and date of birth on their profiles” – that’s two of the three key pieces of information a fraudster needs to steal your identity. The third? Your address, as a recent post by Action Fraud in the UK reveals. All it...

New iCloud Support Scams

New iCloud Support Scams

iCloud is a common target for scams involving phishing e-mails. However, recently a Malwarebytes employee has spotted a new iCloud scam attempt. Twice in one day, she received unsolicited phone calls, supposedly from Apple Support, claiming that her iCloud account had been hacked “by Russian hackers,” and asking for her account information. It is also observed that searching the web for...

Not Being Clear on Selling User Data - Unroll.me Apologizes

Not Being Clear on Selling User Data - Unroll.me Apologizes

The boss of 'inbox tidying' service Unroll.me has apologized to its users for not being clear enough that it sells anonymized data to clients. The firm began to feel the heat from customers after a major New York Times profile of Uber CEO Travis Kalanick at the weekend revealed that the controversial hailing app had bought data from Unroll.me showing Lyft email receipts. The data is said to have...

Top Ten Phishing Scams that Caused the Most Damage

Top Ten Phishing Scams that Caused the Most Damage

Here are top 10 phishing scams: 1) Dyre Phishing Scam (2014): The malware was designed in such a way that it was capable of capturing user login information, including banking services, and send the captured data to the attackers; 2) Operating Phish Phry (2009): The attackers targeted U.S. banks and were able to steal $1.5 million; 3) Fake President Incident (2016): The email was said to have...

Here’s How Much Phone Fraud Cost Americans Last Year...

Here’s How Much Phone Fraud Cost Americans Last Year...

An estimated one in every 10 American adults lost money in a phone scam in the past 12 months. On average, each scam victim lost $430, totaling about $9.5 billion overall. That was an increase of 56% from the 2015 survey, when victims on average lost $274 each. “No one is immune, and now more than ever there is a need to be vigilant,” said Tom Hsieh, the vice president of growth and...

Phishing Attacks Utilizing Internationalized Domains are Tough to Block

Phishing Attacks Utilizing Internationalized Domains are Tough to Block

The ability to register domain names made up of characters like those found in the Arabic, Chinese, Cyrillic, Hebrew and other non-Latin alphabets dates back over a decade. Since 2009, the Internet Corporation for Assigned Names and Numbers (ICANN) has also approved a large number of internationalized top-level domains (TLDs) -- domain extensions -- written with such characters. When used in the...

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Aus: Shoppers Warned to be Careful About Online Retail Scams

Aus: Shoppers Warned to be Careful About Online Retail Scams

The Australian Competition and Consumer Commission (ACCC) urged consumers to be wary of dodgy operators masquerading as legitimate online retailers, after receiving 1025 reports already in 2017. While this is down slightly on the same time last year, it is still a major issue, according to ACCC deputy chair Delia Rickard. “Australians love shopping online and scammers take advantage of this by...

This Phishing Method is More Interesting Than Dangerous

This Phishing Method is More Interesting Than Dangerous

Not all websites have names that can be written in the alphabet we that primarily English-speaking countries are familiar with. Why shouldn’t Russian websites use Cyrillic characters, or Japanese ones use kanji? After all, Unicode, the standard for displaying text worldwide, supports all these languages. Unfortunately, it’s not standard to allow all those characters in URIs, and some systems...

YouTube Users are Hawking Powerful Phone Malware to Illegally Spy on Lovers

YouTube Users are Hawking Powerful Phone Malware to Illegally Spy on Lovers

The myriad of videos available online highlight the ease at which anyone can buy spyware, and the audacity of the industry's' advertising. But they also point to one of the target audiences for the software—paranoid lovers wanting to illegally spy on their spouse. In a video, a woman suggests she was suspicious of her boyfriend, worried that he might be sleeping with someone else. Thanks to...

Phishing Attacks That Use Internationalized Domains are Difficult to Block

Phishing Attacks That Use Internationalized Domains are Difficult to Block

The use of internationalized domain names does raise security problems because some alphabets contain characters that look very similar to Latin letters and this can be abused to spoof URLs. For example, the letters "a" in the Cyrillic and Latin scripts are visually identical, even though they're different characters with different Unicode values: U+0430 and U+0061. To prevent homograph attacks,...

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Fake Delta Airlines Receipt Spreads Financial Malware: Security Alert

Fake Delta Airlines Receipt Spreads Financial Malware: Security Alert

Cyber crooks have come up with a new way to infect your computer with financial and banking malware. The process starts by randomly sending users spam emails disguised as a payment confirmation email from Delta Air. However, no transaction actually took place! The email is designed to scare you into thinking someone bought an airplane ticket using your identity. You then panic and click on one of...

Social Engineering Scam Aims at Indian Call Center

Social Engineering Scam Aims at Indian Call Center

U.S-based digital marketer's bank account was compromised when a hacker called a call center in India stating he forgot his password and was unable to access an account. The call center operator eventually handed over the password after being pressured. His personal account was then used to access another account to transfer funds over. “This hack appears to be a multi-pronged, multi-person...

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Mastercard Launches a Credit Card with a Fingerprint Sensor to Fight Fraud

Mastercard Launches a Credit Card with a Fingerprint Sensor to Fight Fraud

Mastercard's latest invention is a new credit card with an integrated fingerprint sensor, which aims to fight in-store fraud. The card, currently under trial in South Africa, includes sensor embedded in plastic of the credit card, allowing customers to authorize a payment with a fingerprint, rather than a PIN code. Mastercard said Thursday that the new biometric credit card will work on existing...

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Read on how to protect yourself and report identity theft, fraud & scams

This category provides expertly curated cyber security news on Identity Theft, Scams and Frauds that are booming cybercrime these days. Our digital identities have emerged as our alter egos. So, identity theft protection has become extremely important somewhat akin to the protection of our physical self. This category covers everything that falls within the broad contours of identity theft. Simply subscribe to this category if you want to know how to prevent identity theft and protect yourself from identity theft. The users nowadays are often found confused when it comes to how to report identity theft. This category also provides news on the various scams and frauds that are unearthed daily. It is impossible for the fraudster to scam you if you are already aware of it. Additionally, there are several tips, practices and steps suggested for preventing yourself from falling victim to such crimes. Cyware also provides the expert blogs, opinions, research and analysis related to the identity theft, scams and frauds that help the users in multiple ways.