Forget deep fakes. Someone wearing a latex mask fooled people on video calls for a period of two years, successfully scamming 80 million euros from rich French citizens. Powered by WPeMatico
Category: fraud
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Interesting story of an old-school remote-deposit capture fraud scam, wrapped up in a fake employment scam. Slashdot thread. Powered by WPeMatico
Really interesting paper calculating the worldwide cost of cybercrime: Abstract: In 2012 we presented the first systematic study of the costs of cybercrime. In this paper,we report what has changed in the seven years since. The period has seen major platform evolution, with the mobile phone replacing the PC and laptop as the consumer terminal … Read More “The Cost of Cybercrime” »
The term “fake news” has lost much of its meaning, but it describes a real and dangerous Internet trend. Because it’s hard for many people to differentiate a real news site from a fraudulent one, they can be hoodwinked by fictitious news stories pretending to be real. The result is that otherwise reasonable people believe … Read More “Fraudulent Academic Papers” »
Excellent article on fraudulent seller tactics on Amazon. The most prominent black hat companies for US Amazon sellers offer ways to manipulate Amazon’s ranking system to promote products, protect accounts from disciplinary actions, and crush competitors. Sometimes, these black hat companies bribe corporate Amazon employees to leak information from the company’s wiki pages and business … Read More “Amazon Is Losing the War on Fraudulent Sellers” »
It seems that someone from a company called Swift Recovery Ltd. is impersonating me — at least on Telegram. The person is using a photo of me, and is using details of my life available on Wikipedia to convince people that they are me. They are not. If anyone has any more information — stories, … Read More “I Am Not Associated with Swift Recovery Ltd.” »
In Gmail addresses, the dots don’t matter. The account “bruceschneier@gmail.com” maps to the exact same address as “bruce.schneier@gmail.com” and “b.r.u.c.e.schneier@gmail.com” — and so on. (Note: I own none of those addresses, if they are actually valid.) This fact can be used to commit fraud: Recently, we observed a group of BEC actors make extensive use … Read More “Using Gmail “Dot Addresses” to Commit Fraud” »
This is clever: How the attack works: Attacker added tens of malicious servers to the Electrum wallet network. Users of legitimate Electrum wallets initiate a Bitcoin transaction. If the transaction reaches one of the malicious servers, these servers reply with an error message that urges users to download a wallet app update from a malicious … Read More “New Attack Against Electrum Bitcoin Wallets” »
This is a really interesting story of an ad fraud scheme that relied on hijacking the Border Gateway Protocol: Members of 3ve (pronounced “eve”) used their large reservoir of trusted IP addresses to conceal a fraud that otherwise would have been easy for advertisers to detect. The scheme employed a thousand servers hosted inside data … Read More “Massive Ad Fraud Scheme Relied on BGP Hijacking” »
Fascinating article about the many ways Amazon Marketplace sellers sabotage each other and defraud customers. The opening example: framing a seller for false advertising by buying fake five-star reviews for their products. Defacement: Sellers armed with the accounts of Amazon distributors (sometimes legitimately, sometimes through the black market) can make all manner of changes to … Read More “Fraudulent Tactics on Amazon Marketplace” »