Since January 13th, 2024, our Threat Intelligence team has seen a steep rise in the number of fraudulent payment attacks using Venmo. By hacking existing or setting up new Venmo accounts, cybercriminals are using legitimate Venmo communications to trick users into approving fraudulent payments.

Cybercriminals are notoriously adept at evolving their strategies and tactics to defraud individuals and businesses out of their hard-earned money. One perfect example of the evolution of effective and illusive financial fraud is card skimming. But is card skimming still a thing in 2024? Very much so. According to the FBI, card skimming fraud still costs financial institutions and American consumers more than $1 billion yearly—and it’s growing.

A new scam relies on a victim's sense of curiosity, brand impersonation, and the hopes of a new login to compromise Facebook credentials. We’ve all seen one of those posts on social media about some actor, musician or famous person that has passed away. Feeling a sense of sadness and wanting to know more details, these posts garner a lot of attention.

From overacting to poorly crafted characters, it’s crucial to recognize red flags in cyber-scripts, weak dialogue, and fake chemistry in online interactions.

While online dating scams may be a relatively new concept, tales of heartbreak are as old as time. Now, there’s a multi-billion dollar industry dedicated to romantic films, music, and, dating apps. By the end of 2023, dating apps will have reached over 400 million users, generating over $8 billion in revenue through dating, casual dating, and matchmaking services.

The US Federal Bureau of Investigation (FBI) has issued an alert warning that scammers are tricking victims into converting their savings into cash or precious metals, then sending couriers to pick up the items for safekeeping. The scammers then steal the goods and cut contact with the victims. The FBI says victims lost more than $55 million to these scams between May and December 2023.

The Identity Theft Resource Center (ITRC) is a non-profit organization that minimizes and mitigates the risks of identity threats. Their role as a reputable security solution enables them to collect and analyze data from survey respondents; this report asked questions of small business (SMB) owners and employees to assess the state of identity threats better.

You can avoid scams on Facebook Marketplace by only using secure methods of payment, looking at buyer and seller reviews, inspecting an item closely before purchasing it and only communicating through Messenger. While Facebook Marketplace is a great way to find clothes, furniture and other items at discounted prices, there comes the risk of being scammed on the platform, making it crucial to be extra cautious as both a buyer and a seller.

Spoiler: Those ads you're seeing for a new X cryptocurrency endorsed by Elon Musk aren't what they appear to be.

Organizations face a constant challenge to balance transparency and security in today's rapidly evolving digital landscape. One emerging concept that has gained traction in recent years is the practice of "self-doxxing." This seemingly counterintuitive term refers to the deliberate and controlled sharing of an organization's information, often sensitive, to enhance transparency, accountability, and trust.