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
Whether you’re downloading a video from YouTube or converting a Word document into a PDF file, there’s a chance that you might be unwittingly handing your personal information straight into the hands of cybercriminals. That’s the warning that has been issued by the FBI, whose Denver Field Office raised the alarm about the danger of … Read more
North American drivers are continuing to be barraged by waves of scam text messages, telling them that they owe money on unpaid tolls. Last month we described on Hot for Security how US authorities had issued a warning about SMS phishing attacks from scammers posing as tolling agencies. For instance, Texas-based audience producer Gwen Howerton … Read more
A California man has been sentenced to seven years in prison for his involvement in a fraudulent scheme that saw over 50 individuals and organisations lose millions of dollars. 59-year-old Allen Giltman, of Irvine, California, pleaded guilty to charges that he and his co-conspirators built a network of fraudulent websites impersonating legitimate financial institutions. According … Read more
The government of Thailand has cut the power supply to areas near its border with Myanmar that are known to host brutal scam compounds. These heavily-guarded fraud factories house armies of people, coerced into defrauding innocent people through bogus investment and romance baiting scams. The operators of the compounds earn billions of dollars each year … Read more
