The legal action, brought over alleged click injection fraud, is said to be among the first of its kind. Facebook announced this week that it is suing two Asia-based Android app developers over alleged ad fraud. The social network alleges that LionMobi, based in Hong Kong, and JediMobi, based in Singapore, made apps available on the Google … More Facebook hits two app developers with lawsuit
Up to 30 percent of romance fraud victims in 2018 are estimated to have been used as money mules. Scammers are using dating sites and apps not only to scout for lovesick men and women before bilking them out of money, but also to recruit ‘money mules’ for laundering funds obtained in illicit activities. According … More FBI warns of romance scams using online daters as money mules
The fraudulent campaign is hosted by a domain that is home to yet more bogus offers pretending to come from other well-known brands. The fraudulent campaign is hosted by a domain that is home to yet more bogus offers pretending to come from other well-known brands. Recently, ESET researchers in Latin America received a message … More Scam impersonates WhatsApp, offers ‘free internet’
One of the most prevalent forms of cyber-attacks, phishing takes the form of an email or a text message designed to trick us into giving up our personal information. A phishing email may be disguised to look as though it comes from a financial institution such as a bank. The aim of the email … More What is Phishing and why is it a problem?
ESET researchers discover fraudulent schemes piggybacking on the popularity of the face-modifying tool FaceApp, using a fake “Pro” version of the application as a lure. The latest hype around the FaceApp application has attracted scammers who want to make a quick profit. The FaceApp application, which offers various face-modifying filters, is available for both Android and iOS. While the app … More With FaceApp in the spotlight, new scams emerge
What mounting public concern about falling victim to cybercrime says about government and corporate efforts at cybercrime deterrence. Is the risk of becoming a victim of cybercrime increasing? Most people in North America and Europe think it is, based on the surveys that I’ve been looking at. Earlier this year the European Union published the … More Cybercrime seen to be getting worse: The time to act is now
Losses emanating from Business Email Compromise (BEC) and Email Account Compromise (EAC) scams reached nearly US$1.3 billion in 2018, which was nearly double the amount (US$675 million) lost in the year before, according to the annual Internet Crime Report (ICR) by the United States’ Federal Bureau of Investigation (FBI). The figure is based on over 20,300 BEC/EAC … More Business Email Compromise fraud losses almost doubled last year