From Ransomware to Pig Butchering, Visa Report Shows Top Scams Impacting Consumers and Businesses Globally

Today, Visa released the Spring 2024 Edition of its Biannual Threats Report, which outlines the top payment threats impacting consumers and businesses around the world. The report points to increasingly organized, sophisticated threat actors targeting the most vulnerable point in Read More …

Latest evolution of ‘pig butchering’ scam lures victim into fake mining scheme

Crypto fraud has become the dominant form of Internet-based confidence schemes over the past three years, as demonstrated by the sha zhu pan (“pig butchering”) scams Sophos researchers recently investigated. But one variant has been growing at a particularly rapid Read More …

Sha zhu pan scam uses AI chat tool to target iPhone and Android users

Over the past two years, we have been tracking a variety of scams targeting mobile device users, generally referred to as “shā zhū pán” (杀猪盘, which translates as “butcher plate”) or “Pig Butchering.” This includes a category we labelled as Read More …