The incoming phone call flashes on a victim’s phone. It may only last a few seconds, but can end with the victim handing over codes that give cybercriminals the ability to hijack their online accounts or drain their crypto and digital wallets.
“This is the PayPal security team here. We’ve detected some unusual activity on your account and are calling you as a precautionary measure,” the caller’s robotic voice says. “Please enter the six-digit security code that we’ve sent to your mobile device.”
Read more…
Source: TechCrunch
Related:
- UK: Man jailed for abusive emails to politicians
February 18, 2025
A 39-year-old man has been jailed for sending malicious communications to a government minister, the mayor of London and a senior Met Police officer. Jack Bennett, of Newlands Park, Seaton, Devon, pleaded guilty to four counts of sending malicious emails; one to Safeguarding Minister Jess Phillips, one to Metropolitan police officer Matt Twist, and two counts ...
- Argentine judge investigates fraud case against President Milei over crypto promotion
February 18, 2025
A judge in Argentina was selected Monday to investigate allegations of fraud against President Javier Milei for his brief promotion of a cryptocurrency whose value collapsed within hours of its launch last week. Milei distanced himself from the scandal and said he acted in good faith. Milei and his office denied involvement with creators of the ...
- 50,000 electronic attacks countered daily by UAE Cybersecurity Council
February 17, 2025
Dr. Mohammed Hamad Al Kuwaiti, Chairman of the UAE Cybersecurity Council, stated that the UAE possesses an advanced cybersecurity system capable of predicting and countering most electronic attacks before they occur. He noted that the average daily cyberattacks on key sectors exceeds 50,000, all of which are proactively deterred and mitigated. In statements to the Emirates ...
- Zacks Investment hit in data breach – 12 million users potentially at risk
February 14, 2025
A report by BleepingComputer cites a thread posted on an underground hacking forum claiming to have breached Zacks in June 2024, gaining sensitive information on 12 million people, including names, usernames, email addresses, postal addresses, and phone numbers. The forum thread contained a small sample, and an offer for the entire batch in exchange for a ...
- Israel: Extortionists posed as women online, trapped victims with intimate photos
February 14, 2025
Two men were arrested on Thursday for operating a sophisticated sexual extortion network. According to the investigation, they posed as women on social media lured victims into sending intimate photos, and then threatened to expose the images unless they paid money. The prosecution stated: “They acted systematically, cynically exploiting their victims.” David Bracha, 26, from Rishon ...
- China’s Salt Typhoon hackers continue to breach telecom firms despite US sanctions
February 13, 2025
Security researchers say the Chinese government-linked hacking group, Salt Typhoon, is continuing to compromise telecommunications providers, despite the recent sanctions imposed by the U.S. government on the group. In a report shared with TechCrunch, threat intelligence firm Recorded Future said it had observed Salt Typhoon — which the company tracks as “RedMike” — breaching five telecommunications ...

