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:
- JG Summit Holdings probing ‘possible’ cyber attack
August 9, 2024
Gokongwei-led conglomerate JG Summit Holdings Inc. is investigating an alleged cybersecurity attack which was claimed to have affected thousands of the company’s computers. RansomHub, which was supposedly responsible for the attack, expressed frustration over being ignored by JG Summit and was threatening to initiate additional attacks if its demands were not met, according to Deep Web ...
- Royal Ransomware Actors Rebrand as “BlackSuit”
August 8, 2024
The FBI and CISA recently published an update to the joint Cybersecurity Advisory “#StopRansomware: Royal Ransomware.” The updated advisory provides network defenders with recent and historically observed tactics, techniques, and procedures (TTPs) and indicators of compromise (IOCs) associated with BlackSuit variants (previously Royal). FBI investigations identified these TTPs and IOCs as recently as July 2024. See ...
- Russia: Massive DDoS attack on Kursk Region repelled
August 8, 2024
The Ministry of Digital Development, Communications and Mass Media of the Russian Federation has reported that a massive distributed denial-of-service (DDoS) attack on the Kursk Region’s local services has been successfully thwarted. “A massive DDoS attack on the regional services of the Kursk Region has been repelled and specialists have already restored all online activity,” the ...
- Greece leaves spy services unchecked on Predator hacks
August 7, 2024
Greece’s 2022 espionage scandal dubbed “Predatorgate” had everything: eavesdropping on politicians, journalists and judges, exports of shady software to dictatorial regimes and high-profile resignations. Fast-forward two years and everyone in government is off the hook. In a 300-page report seen by POLITICO, deputy prosecutor of the Supreme Court Achilles Zisis argued that a series of controversial ...
- Cloud Cover: How Malicious Actors Are Leveraging Cloud Services
August 7, 2024
The number of threat actors leveraging legitimate cloud services in their attacks has grown this year as attackers have begun to realize their potential to provide low-key and low-cost infrastructure. Traffic to and from well known, trusted services such as Microsoft OneDrive or Google Drive may be less likely to raise red flags than communications with ...
- UK: Port of Tyne website hit by cyber attack
August 7, 2024
A port has fallen victim to cyber attackers who targeted its website. The Port of Tyne confirmed its site was down for some time on Tuesday following a distributed denial of service (DDOS) attack, which attempts to overload a website to make it hard to use or inaccessible. A spokesman for the port said operational systems, ...

