Man's Lookalike Brother Fools SoFi's Online ID Verification For $52K Loan He Lost To Crypto Scam
A man's lookalike brother exploited SoFi's ID verification system to fraudulently secure a $52K loan in his name, only to lose the entire amount in a cryptocurrency scam.
Niloy Chakrabarti Oct 28, 2024
Mark Cuban Literally Spells Out The Name Of Receptionist Who Stole $82,000 From His First Company
Mark Cuban revealed how a receptionist embezzled $82,000 from his first company, MicroSolutions, a setback that nearly bankrupted the business and taught him critical lessons about handling employee theft.
Niloy Chakrabarti Oct 28, 2024
US Company Accidentally Hires North Korean For Remote Work, Gets Blackmailed When They Try To Fire Him
A US company accidentally hired a North Korean remote IT worker who stole sensitive data and attempted to extort the company after being fired.
Vinay Patel Oct 21, 2024
80-Year-Old Californian Contemplates Suicide After Losing $720K Life Savings To Scammer
Alice Lin, a Southern California widow, is now leveraging new laws to win her case against JPMorgan for allowing fraudulent transactions despite multiple red flags.
Niloy Chakrabarti Oct 02, 2024
2.9 Billion Records, Including Millions of Social Security Numbers Leaked as Background Checker Suffers Massive Data Breach
National Public Data recently confirmed that it suffered a data breach involving Social Security numbers, names, email addresses, and phone numbers of millions of Americans.
Niloy Chakrabarti Sep 30, 2024
Ex-Husband Forges Documents To Drain Woman's Life Savings After Her Near-Fatal Accident
The woman is exploring ways to recover her money after her ex-husband exploited their joint account to transfer her business savings to his personal accounts throughout the marriage. He didn't even spare her Visa business card.
Niloy Chakrabarti Sep 20, 2024
UK Bank Reveals 28% Of Adults Have Fallen Victim To AI Voice Scam: 'It Can Clone Your Voice In 3 Seconds And Empty Out Your Bank Account'
With AI voice cloning scams on the rise, Banks like Starling Bank are warning people to be aware of the scam and take steps to protect themselves.
Vinay Patel Sep 19, 2024
Former Real-estate Agent Forced To Use Retirement Funds To Buy Her House After Losing $63K To A Scam
A former real estate agent and her husband lost $63,000 in a home-buying scam, depleting their retirement savings
Vinay Patel Aug 20, 2024
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm
The cybersecurity sector is poised for growth despite rising cybercrimes, geopolitical tensions and conflicts as governments and the private sector increasingly rely on the cloud for data storage and transfer.
Niloy Chakrabarti Jun 26, 2024
US Dismantles 'World's Largest Botnet' Operated By Chinese National Who Hacked 19 Million PCs
Massive botnet infecting millions of computers taken down in international operation. US arrests mastermind behind $5.9B COVID fraud scheme.
Vinay Patel May 31, 2024
UK Engineering Firm Behind 'Sydney Opera House' Loses $25 Million To Deepfake Scam
Deepfake scam tricks an Arup employee, leading to millions lost. Tech giant warns of rising cyberattack threat and urges vigilance.
Vinay Patel May 21, 2024
In 2023, Americans Lost a Shocking $10 Billion to Online Scams - Here's What To Look Out For
In 2023, the US Federal Trade Commission reported that there were around 2.6 million fraud reports made, totalling to a shocking $10 billion lost.
Raisa Tan Mar 28, 2024
NCSC Reiterates Increased Cyber Vigilance for Companies While Lauding NCA's LockBit Crackdown
NCA with other international organisations seized control of LockBit ransomware's technical infrastructure, aiming to diminish its threat to the UK and the world.
Pragati Singh Feb 23, 2024
New AI Regulation White Paper Talks of Preparing the UK Economy for Future AI Risks
A new AI regulation white paper has called for strict changes AI regulatory framework including supporting UK regulators with £100 million in funding to develop technical systems to monitor AI systems.
Pratiti Nath Feb 07, 2024
Computacenter Secures £150 Million Contract to Revolutionise Defence Ministry's Fight Against Cyberattacks
The comprehensive deal covers over 220,000 devices used by MOD personnel globally, with the primary goal of improving performance standards and access speed across laptops, desktops, peripherals and software applications.
Pragati Singh Jan 18, 2024
Cybersecurity Agencies Warn of Growing DPRK State-Linked Cyber Attacks via Software Supply Chains
The advisory details the sophisticated techniques and tactics employed by DPRK state-linked hackers in carrying out software supply chain attacks, urging organizations worldwide to enhance their cybersecurity measures.
Pragati Singh Nov 28, 2023
New Variant of Agent Tesla Malware Utilises ZPAQ Compression Format in Targeted Cyber Attacks
G Data malware analyst Anna Lvova highlighted the distinctive nature of ZPAQ, citing its superior compression ratio and journaling functionality compared to more commonly used formats like ZIP and RAR.
Pragati Singh Nov 22, 2023
Welsh Company Owens Group Falls Victim to Devastating Breach After Cyberattack From 'Dark Web'
Welsh company Owens Group was the victim of a devastating breach, culminating in the exposure of its confidential data on Lockbit's shadowy domain on the "dark web".
Pragati Singh Nov 21, 2023
Reports Show People Worry More About Online Fraud Than Other Crimes
Poll also found that young people were most likely to be affected by online fraud, even though half of those questioned believed the elderly were most at risk.
Callum Conway-Shaw Sep 28, 2023
UK sanctions members of the Russian cybercrime gang Conti
Following a joint investigation that was led by the National Crime Agency, the UK and US have revealed the identities of several Conti and Trickbot members.
Danielle Summer Sep 08, 2023
Abolishing gender-based violence will boost the roles of women in politics
The UN Human Rights Council say that abolishing gender-based violence will help improve the representation of women in leading positions.
Danielle Summer Jul 06, 2023
British Cybersecurity Agency urges vigilance as major companies fall victim to software hack
BBC, British Airways and other firms face potential data breaches as the Clop ransomware group exploits a vulnerability in popular file transfer software.
Pragati Singh Jun 07, 2023
Cost of living crisis fuelling rise in cybercrimes, new research shows
Over a third of the organisations across the UK's critical national infrastructure (CNI) anticipate a rise in cybercrime as a direct result of the current economic crisis.
Callum Conway-Shaw Apr 20, 2023
Cybercriminals using AI chatbots like ChatGPT to craft credible-looking phishing emails
Identifying fraudulent attacks was easier before chatbots arrived since phishing emails usually contained grammar and spelling mistakes.
Vinay Patel Mar 31, 2023
Businesses might be in danger of cybercriminals using ChatGPT
ChatGPT's ability to generate code can be utilised for data breaches, leaving businesses vulnerable to cyberattacks.
Stanley Sills Feb 21, 2023
US firm accuses China of using bot accounts to drown out news about protests
A US cybersecurity firm has claimed that the Chinese government tried to flood social media with spam content.
Sadhna Yadav Dec 05, 2022
Cybersecurity experts warn user credentials are more vulnerable now than in 2018
To date, reports show that over 15 billion user credentials sourced from more than 100,000 security breaches are now being distributed online.
John Diente Sep 11, 2020
Cryptocurrency analysts estimate over $24m in bitcoin was stolen by scammers this year
This was reported by Scam Alert alongside Whale Alert via its new 'crime reporting, tracking and analysis' platform.
John Diente Jul 14, 2020
Google cracking down on coronavirus online scams with help of nonprofit collaboration
With a lot of people staying indoors, internet usage is at an all-time high since the 2019 novel coronavirus outbreak.
John Diente Jun 01, 2020
Bitcoin scam uses Prince Harry, Meghan Markle's names to lure prospective investors
Some of the previous personalities that were used by scammers included Lord Sugar, Richard Branson, and Bill Gates.
John Diente Apr 10, 2020
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