Crypto’s rising value likely to bring new wave of scams

With the value of cryptocurrencies going to the roof, you can expect several attempts to get defrauded if you even show the slightest interest in the topic or not. Since most cybercriminals lack creativity and are notoriously lazy, we expect to see only slight variations of old tricks. So, we...

FBI catches up with one of its Most Wanted, arrests head of advance-fee crime network

Some dont mind putting extra effort into making their crime appear as legitimate as possible by perpetuating more lies as long as they are guaranteed money in the end. Osondu Victor Igwilo is one such Nigerian scammer. The "catchers" 52-year-old Igwilo has been on the Federal Bureau of...

Crypto-scams you should be steering clear of in 2021

A fair few cryptocurrency scams have been doing the rounds across 2021. Most of them are similar if not identical to tactics used in previous years with an occasional twist. Here’s some of the most visible ones you should be steering clear of. Recovery code theft Many Bitcoin wallets make use of...

PPE, COVID-19 Medical Supplies Targeted by BEC Scams

Much has been publicized about the shortage of personal protective equipment PPE and other supplies for healthcare facilities in the United States during the COVID-19 pandemic. Now, the FBI is warning that threat actors are taking advantage of efforts to procure PPE and critical equipment such as...

Before He Spammed You, this Sly Prince Stalked Your Mailbox

A reader forwarded what he briefly imagined might be a bold, if potentially costly, innovation on the old Nigerian prince scam that asks for help squirreling away millions in unclaimed fortune: It was sent via the U.S. Postal Service, with a postmarked stamp and everything. In truth these old...

419 scammer offers USD $60 million—and a free child

Scammers often come crawling out of the woodwork in all sorts of places you wouldn't necessarily expect. This is to their advantage when trying to keep suspicion in check; after all, we're pretty much pre-programmed to think 419 scams will only wander into our inboxes. Twitter, though? That's a...

Nigerian scams without the Nigerians

Users in English speaking countries are quite familiar with the Nigerian scam: an important guy in Nigeria needs your help getting his money out of the country and if you assist with some transaction fees, a chunk of his fortune could be yours. But what about non-English speaking countries? What...

Hot on the Credential Theft Trail: Tracking a Hacker from a Dropbox Phishing Campaign

We the Imperva Defense Center research team frequently investigate cases of credential theft to gain a deeper understanding of methods and tools used by cyber criminals—in particular, to learn how accounts are taken over once credentials are compromised through phishing campaigns. We recently cho...

Cyber crime Complaints in US Fell by 10% in 2010 !

The U.S. agency that tracks complaints of criminal activity on the Internet reported Thursday that fewer people complained about Internet fraud in 2010 than in the previous year. The Internet Crime Complaint Center IC3 runs a Web site where victims can report details of any cyberfraud. It shares...

Beware Of Phishing Scams, Vishing, And Other Smishing !

Better Business Bureau has published a list of top 10 scam that seems not only to the biggest scam in 2010, but what to watch in 2011. In no particular order, here they are: Door to door scams Each of the new season of the show to attract new scammer port provides an incredible offer: Roofing in...

419 Scams Expanded in 2009

People around the world continue to be duped by advance-fee frauds, with one Dutch private investigation company estimating the highest ever annual losses occurred in 2009. Read the full article. Computerworld...