Scams
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Cyber scams cost businesses $1.7 million per year, claims report
Ninety-eight percent of businesses experienced a cyber attack in 2024, with 94% reporting associated financial losses of at least $500,000, according to the 2025 CyberScam Report from security firm BrandShield. Based on a survey of 200 CISOs from the UK, US, and Europe, the research discovered that suffering a cyber attack in 2024 had a significant impact on a CISO’s…
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U.S. seized $8.2 million in crypto linked to ‘Romance Baiting’ scams
The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via ‘romance baiting’ scams. Previously referred to as ‘pig butchering,’ in this type of financial fraud victims are manipulated into making investments on fraudulent websites/apps that showcase massive returns. Convinced they’re making a profit, the victims invest increasing amounts, but when they…
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Common Instagram scams and how to avoid them
Instagram is said to have over two billion active monthly users and is the third most popular social network in the world, behind only YouTube and Facebook. With those numbers, it should surprise no one that Instagram scams are rife. This post will examine the most common ways scammers abuse Instagram for the usual payouts: identity theft, financial gain, etc.…
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7 common Telegram scams (and how to avoid them)
“Send $50, get $500 back guaranteed!” If you’ve seen messages like this on Telegram, you’ve encountered a scammer. These criminals are targeting Telegram’s 800+ million users with increasingly sophisticated schemes. From fake crypto investments to romance scams, they’re stealing millions from unsuspecting victims. Here’s your guide to spotting and avoiding every major Telegram scam. The most worrying Telegram scams We’ve…
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Common Snapchat scams and how to avoid them
Snapchat’s massive popularity has made it a hotbed for malicious actors looking to scam unsuspecting users into handing over cash or personal information. Plus, with the ephemeral nature of Snapchat messages (or snaps), users may be lulled into a false sense of privacy (screenshots remain possible). This can lead to oversharing and accidentally falling victim to a Snapchat scam. This…
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FTC will send $25.5 million to victims of tech support scams
Later this week, the Federal Trade Commission (FTC) will start distributing over $25.5 million in refunds to those misled by tech support companies Restoro and Reimage’s scare tactics. The FTC will send 736,375 PayPal payments starting March 13 to consumers tricked into paying for unnecessary computer repair services. Between now and March 13, those eligible for a refund will receive…
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8 Crypto Scams You Should Watch Out For
While blockchain and cryptocurrency have created many opportunities for the average person, they have also attracted scammers, making the space rife with fraud. Whether you’re already involved or considering entering this space, here are some common crypto scams you should watch out for. 8 Wallet Draining Scams Octus_Photography/Shutterstock.com Wallet drain scams are a serious threat that can wipe out your…
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The New Scams to Watch Out For
Name: James OrrLives in: Fresno, Calif.Amount lost: $7,000 When James Orr, an engineer living with his wife in Fresno, Calif, saw a brochure for Primo Network Adventures in his mailbox, it caught his attention. The colorful pamphlet included images of people lounging on cruise ships and reclining in first-class airline seats. It seemed to promise a cruise and a weeklong…
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Microsoft Edge will soon protect you from these scary scams that even Chrome can’t
If you’re already a fan of Microsoft’s Edge, or if you have a newer computer user in the house, you’ll want to know about the browser’s latest feature: a scareware blocker. This new built-in security feature aims to keep users from falling for malware that attempts to trick them into giving out personal or financial information by filling their screens…
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New Chatbot for Malware Creation, Scams
Security researchers have discovered a new malicious chatbot advertised on cybercrime forums. GhostGPT generates malware, business email compromise scams, and more material for illegal activities. The chatbot likely uses a wrapper to connect to a jailbroken version of OpenAI’s ChatGPT or another large language model, the Abnormal Security experts suspect. Jailbroken chatbots have been instructed to ignore their safeguards to…
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