fraud
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Blog
Vishing, Wangiri, and Other VoIP Fraud Tactics On the Rise
VoIP fraud is a serious and growing threat to businesses, with attackers increasingly targeting cloud phone systems to exploit vulnerabilities for financial gain. This type of fraud involves unauthorized access to a VoIP network, often for making costly international calls or redirecting traffic to premium-rate numbers. But there are many types of VoIP fraud, and not all of them rely…
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Blog
Fraud network uses 4,700 fake shopping sites to steal credit cards
A financially motivated Chinese threat actor dubbed “SilkSpecter” is using thousands of fake online stores to steal the payment card details of online shoppers in the U.S. and Europe. The fraud campaign started in October 2024, offering steep discounts for the upcoming Black Friday shopping period that usually sees elevated shopping activity. EclecticIQ threat researcher Arda Buyukkaya, who discovered the…
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Upcoming U.S. general election fuel multiple fraud schemes
The Federal Bureau of Investigation (FBI) is warning of multiple schemes taking advantage of the upcoming U.S. general election to scam people out of their money or personal data. The fraudsters exploit the elevated legitimate activity surrounding the elections to scam people by impersonating real candidates and political movements. In most cases, the goal of these scams is to steal…
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Admins of MFA bypass service plead guilty to fraud
Three men have pleaded guilty to running OTP.Agency, an online platform that provided social engineering help to obtain one-time passcodes from customers of various banks and services in the U.K. The codes – temporary passwords also known as OTPs, were part of multi-factor authentication protections and criminals subscribing to the illegal service could use them to access a victim’s bank account and…
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