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Fraud

How To Spot a Credit Card Skimmer

According to the FBI, credit card skimming costs individuals and banks approximately $1 billion annually. You can spot a credit card skimmer by searching for a tampered security seal, checking for misalignments, wiggling the card reader or looking inside the card reader. Continue reading to learn more about credit card skimmers, how to spot them and what you can do if your card gets skimmed.

Threat Actors Increasingly Exploit Deepfakes for Social Engineering

The availability of deepfake technology has given threat actors a valuable tool for social engineering attacks, according to researchers at BlackBerry. “Typically, online scams prey on the presumed weaknesses and susceptibility of the targeted individual,” the researchers write.

Major Scam Operation Uses Deepfake Videos

Researchers at Palo Alto Networks’ Unit 42 are tracking dozens of scam campaigns that are using deepfake videos to impersonate CEOs, news anchors, and high-profile government officials. Unit 42 believes a single threat actor is behind the scheme. The researchers discovered hundreds of domains used to spread these campaigns, each of which has been visited an average of 114,000 times. The goal of the operation is to spread investment scams and fake government-sponsored giveaways.

Account Takeover Protection: What It Is and How It Combats ATO Fraud

Think about how many employees work at your organization. Now think about how many sensitive files each one can access. A single compromised user account could lead to an extortion scam, a ransomware attack, or even a data breach. If you haven’t reviewed your account takeover protection protocols in a while, now is the time. Account takeover (ATO) protection is not a single countermeasure, but rather a whole set of cybersecurity measures.

The Role of Behavioral Analytics in Preventing Fraud

Cybersecurity threats are becoming more common and affect everyone, from big companies to small businesses. For example, about 43% of cyber attacks target small businesses, emphasizing the need for solid cybersecurity practices. Additionally, it often takes companies around 6 months to discover a data breach, showing how tricky and hidden these cyber threats can be.

How To Avoid Falling for Medicare Scam Calls

You can avoid falling for Medicare scam calls by blocking unknown numbers, refusing to give out your personal information to unsolicited callers and staying informed about common phone scams. Although all types of scams can be dangerous, scams involving Medicare endanger their targets by potentially compromising their health insurance and identity. Read more to learn what Medicare scam calls are, how they work, some common examples and how you can avoid falling for these scams.

How To Tell if Someone Is Scamming You Online

You can tell if someone is scamming you online if they make grammatical or spelling errors, create a sense of urgency, ask you for personal information, offer you something that’s too good to be true or reach out to you unexpectedly. Read the following signs that someone is scamming you online, learn about the most common online scams to watch out for and note our tips on how to protect yourself from becoming a victim.

5 Cyber Frauds and Scams You MUST Watch Out For

Many of us spend a significant amount of time online working, socialising, consuming entertainment and purchasing in online stores, among other activities. This extensive online presence has made the internet a prime target for scammers who prey on unsuspecting individuals. Over time, these scams have become increasingly sophisticated, with fraudsters developing more convincing schemes that people are likely to fall for.

QR Code Scams You Should Be Aware Of

A Quick Response (QR) code is made up of black and white pixels, designed for someone to scan with their camera to access links, contact information and more. Some common QR code scams you should be aware of include QR codes on parking meters, unexpected package deliveries, phishing emails, restaurant menus or unsolicited text messages. One study in October 2023 found that 22% of worldwide phishing attacks used QR codes to spread malware.