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:
- Digital arrests – the newest deepfake tool used by cybercriminals
October 11, 2024
An Indian textile baron has revealed that he was duped out of 70 million rupees ($833,000) by online scammers impersonating federal investigators and even the Supreme Court chief justice. The fraudsters posing as officers from India’s Central Bureau of Investigation (CBI) called SP Oswal, chairman and managing director of the textile manufacturer Vardhman, on August 28 ...
- Education under siege: How cybercriminals target our schools
October 10, 2024
Education is essentially an “industry of industries,” with K-12 and higher education enterprises handling data that could include health records, financial data, and other regulated information. At the same time, their facilities can host payment processing systems, networks that are used as internet service providers (ISPs), and other diverse infrastructure. The cyberthreats that Microsoft observes across ...
- Exploited Vulnerability in Multiple Fortinet Products
October 10, 2024
Fortinet has released a security advisory to address a critical vulnerability in the FortiOS fgfmd daemon. CVE-2024-23113 is a ‘use of externally-controlled format string’ vulnerability with a CVSSv3 score of 9.8. A remote unauthenticated attacker could send specially crafted requests to execute arbitrary code (ACE) or commands. Affected organisations are encouraged to review Fortinet PSIRT Advisory ...
- RDDoS Attack: What to Do if Hackers Demand a Ransom
October 10, 2024
DDoS attacks have evolved from simple disruptions into serious threats, with cybercriminals using them to demand ransoms and fill their cryptocurrency wallets. These attackers often operate like modern-day mafiosi, issuing threats and demanding payments. Pay up, or face two outcomes: either the attacks will start, or they simply won’t stop. In this article, StormWall researchers will ...
- FBI: Update on SVR Cyber Operations and Vulnerability Exploitation
October 10, 2024
The Federal Bureau of Investigation (FBI) and pertners are releasing this joint Cybersecurity Advisory (CSA) to highlight the tactics, techniques, and procedures (TTPs) employed by the Russian Federation’s Foreign Intelligence Service (SVR) in recent cyber operations and provide network defenders with information to help counter SVR cyber threats. Since at least 2021, Russian SVR cyber actors ...
- Lynx Ransomware: A Rebranding of INC Ransomware
October 10, 2024
In July 2024, researchers from Palo Alto Networks discovered a successor to INC ransomware named Lynx. Since its emergence, the group behind this ransomware has actively targeted organizations in various sectors such as retail, real estate, architecture, and financial and environmental services in the U.S. and UK. Lynx ransomware shares a significant portion of its source ...