U.S. Authorities Seize Domains Used in 'Pig butchering' Cryptocurrency Scams

The U.S. Justice Department DoJ on Monday announced the takedown of seven domain names in connection to a "pig butchering" cryptocurrency scam. The fraudulent scheme, which operated from May to August 2022, netted the actors over $10 million from five victims, the DoJ said. Pig butchering, also...

Bank fraud scammers trick victims with claims of bogus Zelle transfers

It pays to be careful where cold calls from someone claiming to work for your bank are concerned. Scam callers are impersonating bank staff, with suggestions of dubious payments made to your account. One unfortunate individual has already lost around $1,000 to this slice of telephone-banking base...

Beware of this bogus (and phishy) “Instagram Support” email

Recently, a fake Instagram email successfully bypassed Googles email filters and made it into hundreds of employee inboxes used by a prominent US life insurance company based in New York. This was revealed in a report by Armorblox, a cybersecurity company specializing in stopping business email...

Fraud Ring Launders Money Via Fake Charity Donations

A money-laundering fraud ring is targeting donation sites, taking advantage of the outpouring of charity sparked by the global pandemic. Dubbed Cart Crasher by the Sift security firm, the fraud ring leverages guest checkout options on donation sites to steal money and launder stolen payment cards...

Here are the most popular robocall scams and how to avoid them

We recently examined how robocall scams are a serious threat to privacy, alongside the astonishing rate at which their volume continues to increase. Forty-three billion calls in 2019 with an average of 131 calls per person in the US alone is not something to be sniffed at. No matter how careful y...

Scammers Prey on Instagram Vanity and 'Verified Account' Status

UPDATE A new Instagram phishing scam circulating the internet lures victims in with promises of exclusive “verified account” status – and then makes away with their personal information. The scam centers around Instagram’s labeling of verified accounts, which indicates that the account user is a...