Investment scams are on the rise

Preying on one of the most basic human flaws, investment scams and other get-rich-quick schemes are making up an ever larger portion of the online scammers cake. The number of victims, for now, is lower than the number of victims of fraudulent sales, identity fraud, and dating fraud, but the cost...

What You Need to Do Today to Protect Against Account Takeover Attacks

Historically, account takeover ATO has been recognized as an attack in which cybercriminals take ownership of online accounts using stolen passwords and usernames. Cybercriminals purchase a list of account credentials from the dark web that are usually compiled by hackers through social...

Android malware BRATA can wipe devices

Cleafy, a cybersecurity firm specializing in online fraud, has published new details about banking Trojan BRATA Brazilian Remote Access Tool, Android, a known malware strain that first became widespread in 2019. BRATA is now being used to perform factory resets on victims machines. Its rare for...

Scary Fraud Ensues When ID Theft & Usury Collide

Whats worse than finding out that identity thieves took out a 546 percent interest payday loan in your name? How about a 900 percent interest loan? Or how about not learning of the fraudulent loan until it gets handed off to collection agents? One readers nightmare experience spotlights what can...

TrickBot Malware Using New Techniques to Evade Web Injection Attacks

The cybercrime operators behind the notorious TrickBot malware have once again upped the ante by fine-tuning its techniques by adding multiple layers of defense to slip past antimalware products. "As part of that escalation, malware injections have been fitted with added protection to keep...

A week in security (January 17 – 23)

Last week on Malwarebytes Labs: CISA calls for urgent action against critical threats Red Cross begs attackers to “Do the right thing” after family reunion service compromised Update now! Chrome patches critical RCE vulnerability in Safe Browsing Combatting SMS and phone fraud: UK government issu...

A week in security (January 17 — 23)

Last week on Malwarebytes Labs: CISA calls for urgent action against critical threats Red Cross begs attackers to “Do the right thing” after family reunion service compromised Update now! Chrome patches critical RCE vulnerability in Safe Browsing Combatting SMS and phone fraud: UK government issu...

Combatting SMS and phone fraud: UK government issues guidance

The UK’s National Cyber Secuity Centre NCSC has published a guide to help make your organizations SMS and telephone messages effective and trustworthy. SMS and telephone calls represent an extremely effective means of mass communication. As such they are essential tools for most organizations,...

New BHUNT Password Stealer Malware Targeting Cryptocurrency Wallets

A new evasive crypto wallet stealer named BHUNT has been spotted in the wild with the goal of financial gain, adding to a list of digital currency stealing malware such as CryptBot, Redline Stealer, and WeSteal. "BHUNT is a modular stealer written in .NET, capable of exfiltrating wallet Exodus,...

Stolen TikTok Videos, Bent on Fraud, Invade YouTube Shorts

Scammers are taking full advantage of the launch of Google’s new TikTok competitor, YouTube Shorts, which has turned out to be an awesome tool for feeding billions of engaged viewers stolen content. That content is being used to run rackets like promoting adult dating websites, hustling diet pill...

Cyberattackers Hit Data of 80K Patients at Fertility Centers of Illinois

The protected health information of nearly 80,000 patients of Fertility Centers of Illinois FCI may have been pawed over by cyber intruders following a cyberattack. FCI runs four clinics across Illinois. According to the U.S. Department of Health and Human Services HHS Office for Civil Rights’ da...

Sophisticated phishing scheme spent years robbing authors of their unpublished work

Three years ago on Quora, someone asked what writers do to keep their manuscripts from being stolen. One of the top answers reads as follows: You’re joking, right? It’s hard enough to get people to read your novel once it’s out on Amazon, much less reading it before it’s finished…unless you’re...

Abuse and Fraud Prevention's Co-Created Future — Predictions for 2022 and Beyond

Explore some of the Akamai Abuse and Fraud Prevention team’s predictions for the future of abuse and fraud protection in 2022 and beyond...

Google Voice Authentication Scam Leaves Victims on the Hook

Fluffy is missing. You post your lost pet’s photo online, hoping that some good Samaritan will find Fluffy, listing your phone number and crossing your fingers. You get a text or email from somebody who thinks they’ve found Fluffy – or, say, somebody who wants to buy that scruffy old couch you...

2022 Cybersecurity Predictions: The Experts Clear Off the Crystal Ball

As we walk through the doorway of 2022, it's hard not to wish at least some among us had the gift of cosmic foresight. Many most? of the questions we thought in 2021 that we'd have answered by this point — chief among them, when will COVID finally leave us alone??? — still seem to elude us. In...

Threat Advisory: E-commerce Bots Use Domain Registration Services for Mass Account Fraud

While researching a recent large-scale bot campaign with CQ Prime Threat Research team lead, Dean Lendrum, we found attackers using domain parking and monetization services to register multiple domains, creating a large number of fake eCommerce accounts per domain. TL; DR ------ Analysis of...

New Android Malware Targeting Brazil's Itaú Unibanco Bank Customers

Researchers have discovered a new Android banking malware that targets Brazil's Itaú Unibanco with the help of lookalike Google Play Store pages to carry out fraudulent financial transactions on victim devices without their knowledge. "This application has a similar icon and name that could trick...

Malicious Joker App Scores Half-Million Downloads on Google Play

The Joker malware is back again on Google Play, this time spotted in a mobile application called Color Message. The app was downloaded more than 500,000 times before its removal from the store. Users should immediately delete Color Message from their devices to avoid being defrauded, researchers ...

Security Bulletin: Vulnerability in Apache Log4j affects the components (Elastic Search and Hadoop) of IBM Financial Crimes Insight for Claims Fraud

Summary There is a vulnerability in the Apache Log4j open source library used by IBM Financial Crimes Insight for Claims Fraud for generating logs in some of its components. This bulletin provides mitigations for the Log4Shell vulnerability CVE-2021-44228 by applying the applicable workaround ste...

NY Man Pleads Guilty in $20 Million SIM Swap Theft

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud. Nicholas Truglia was part of a group alleged to have stolen more than $100 million from cryptocurrency...