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
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?