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
ESET continues to warn users of fraudulent e-mail messages that seek to extort money, especially from people watching online pornographic videos. The attacker in the email claims they have hacked the intended victim’s device and has recorded the person while watching pornographic content. The email also asserts that the video has not only captured the … More ESET records a wave of multi-lingual e-mail based (s)extortion scams scaring victims into payment
Cyberblackmail/sextortion again raises its not-so-pretty little head. For more than 30 years, I’ve had the privilege of assisting people get rid of viruses and other malicious software. In the course of doing so, I’ve often been asked questions about computer security-related topics that are not product-specific. Some are simple or easily answered; some are complex … More A closer look at “sextortion” scams
A new report shines some light on multiple aspects of the growing threat of cyber-extortion. Criminals are trying to tempt people with promises of six-figure annual rewards in return for help with cyber-extortion campaigns that target high-net-worth individuals, research by the threat intelligence firm Digital Shadows shows. The prospective victims, such as corporate executives, lawyers and doctors, … More Cyber-extortionists take aim at lucrative targets
And that’s on top of the heartache experienced by the tens of thousands of people who fall for romance scams each year. Last week, as couples all over the world celebrated Valentine’s Day, we highlighted the risks of romance fraud. Even with V-Day safely behind us, it’s important to remain on high alert for online dating … More How costly are sweetheart swindles?
Roses are red, violets are blue, watch out for these scams or it may happen to you. The embrace of online dating services, such as dating apps or virtual places to meet people, is a phenomenon that has occurred worldwide. According to GlobalWebindex, in Latin America and the Asia-Pacific region, apps and dating sites are accepted … More When love becomes a nightmare: Online dating scams
ESET Ireland warns Irish businesses to pay attention to a fraudulent email phishing for login details to Microsoft Office 365. The email pretends to come from the “Azure team” of Microsoft Office 365 and claims that the potential victim’s subscription will be disabled unless they “update their information”. Once clicking on the “Update account information” … More Irish businesses warned to avoid a Microsoft Office 365 phishing scam