Fraud Losses Reached $12.5 Billion in 2024: FTC
FTC says reported losses to fraud exceeded $12.5 billion in 2024, with $5.7 billion lost to investment scams.
The post Fraud Losses Reached $12.5 Billion in 2024: FTC appeared first on SecurityWeek.
Fraud
Fake Binance Wallet Email Promises TRUMP Coin, Installs Malware
Scammers use fake Binance wallet emails to lure users with TRUMP Coin, but instead, they install malware that grants hackers full control over victims’ devices.
SMS Scam Uses Elon Musk’s Name to Sell Fake Energy Devices to US Users
Fake Elon Musk endorsements are used in SMS campaigns to sell bogus energy-saving devices. Learn how to spot…
Garantex Crypto Exchange Seized, Two Charged in Laundering Scheme
International law enforcement disrupts Garantex, a multi-billion-dollar cryptocurrency exchange used for money laundering. Two individuals, Aleksej Besciokov and…
Microsoft Dismantles Malvertising Scam Using GitHub, Discord, Dropbox
Microsoft Threat Intelligence exposes a malvertising campaign exploiting GitHub, Discord, and Dropbox. Discover the multi-stage attack chain, the…
Hackers Deploy AI Deepfake of YouTube CEO in Credential Theft Scam
YouTube CEO Neal Mohan was impersonated in a deepfake phishing scam. Learn about the attack, how to spot…
Scammers Mailing Ransom Letters While Posing as BianLian Ransomware
Scammers are impersonating BianLian ransomware, and mailing fake ransom letters to businesses. Learn the red flags and how…
Online crime-as-a-service skyrockets with 24,000 users selling attack tools
The growth of AI-based technology has introduced new challenges, making remote identity verification systems more vulnerable to attacks, according to iProov. Innovative and easily accessible tools have allowed threat actors to become more sophisticated…
New Malware Campaign Exploits Microsoft Graph API to Infect Windows
FortiGuard Labs discovers an advanced attack using modified Havoc Demon and SharePoint. Explore the attack’s evasion techniques and security measures.