Fraud
US charges five linked to Scattered Spider cybercrime gang
The U.S. Justice Department has charged five suspects believed to be part of the financially motivated Scattered Spider cybercrime gang with conspiracy to commit wire fraud. Between September 2021 and April 2023, they were able to steal millions from cryptocurrency wallets using victims’ credentials stolen in SMS phishing attacks targeting dozens of targets, including both individuals […]
Over a thousand online shops hacked to show fake product listings
A phishing campaign dubbed ‘Phish n’ Ships’ has been underway since at least 2019, infecting over a thousand legitimate online stores to promote fake product listings for hard-to-find items. Unsuspecting users clicking on those products are redirected to a network of hundreds of fake web stores that steal their personal details and money without shipping […]
‘Pig butchering’ trading apps found on Google Play, App Store
Fake trading apps on Google Play and Apple’s App Store lure victims into “pig butchering” scams that have a global reach. The apps have been removed from the official Android and iOS stores after accumulating several thousand downloads, say researcher at cybersecurity company Group-IB, who discovered the fraud. Pig butchering is the name of a scam […]
Fake X content warnings on Ukraine war, earthquakes used as clickbait
X has always had a bot problem, but now scammers are utilizing the Ukraine war and earthquake warnings in Japan to entice users into clicking on fake content warnings and videos that lead to scam adult sites, malicious browser extensions, and shady affiliate sites. For months, X has been flooded with posts that contain what […]
Fraud ring pushes 600+ fake web shops via Facebook ads
A malicious fraud campaign dubbed “ERIAKOS” promotes more than 600 fake web shops through Facebook advertisements to steal visitors’ personal and financial information. The sites promote products from well-known brands and include significant discounts to draw in visitors but are only accessible via mobile devices to evade detection by security scanners. Recorded Future discovered the […]