Authorities in at least two U.S. states last week independently announced arrests of Chinese nationals accused of perpetrating a novel form of tap-to-pay fraud using mobile devices. Details released by authorities so far indicate the mobile wallets being used by the scammers were created through online phishing scams, and that the accused were relying on … Read more
An ingenious phishing scam is targeting cryptocurrency investors, by posing as a mandatory wallet migration. The emails, which have the subject line “Migrate to Coinbase wallet”, have been sent out at a large scale claiming that court order has forced Coinbase to change the way it operates. Part of the email reads as follows: “As … Read more
AI agents such as OpenAI’s Operator have added more functionality than these tools had in the past and can now help attackers launch phishing campaigns. Symantec researchers explained that about a year ago, they would tell security pros that large language models (LLMs) were passive and could only help attackers create phishing materials or write … Read more
Security experts have warned that a cybercriminal group has been running a malicious and inventive phishing campaign since August 2024 to break into organizations across Europe, North America, Africa, and the Middle East. The Russian group, known as Storm-2372, has targeted government and non-governmental organisations (NGOs), as well as firms working in IT, defence, telecoms, … Read more
The FBI and authorities in The Netherlands this week seized dozens of servers and domains for a hugely popular spam and malware dissemination service operating out of Pakistan. The proprietors of the service, who use the collective nickname “The Manipulaters,” have been the subject of three stories published here since 2015. The FBI said the … Read more
