Criminals are using AI to clone professional websites at an industrial scale. A new report shows how one AI-powered network grew to 150+ domains by hiding behind Cloudflare and rotating IP ranges.
The post Researchers Expose Network of 150 Cloned Law Firm Websites in AI-Powered Scam Campaign appeared first on SecurityWeek.
The individuals ran a highly sophisticated cybercrime-as-a-service (CaaS) platform that caused roughly €5 million (~$5.8 million) in losses.
The post SIM Farm Dismantled in Europe, Seven Arrested appeared first on SecurityWeek.
In an indictment, federal prosecutors charged Prince Holding Group chairman Chen Zhi with wire fraud conspiracy and money laundering conspiracy.
The post US Charges Cambodian Executive in Massive Crypto Scam and Seizes More Than $14 Billion in Bitcoin appeared first on SecurityWeek.
Tech support scammers are using sponsored ads and search parameter injection to trick users into calling them.
The post Apple, Netflix, Microsoft Sites ‘Hacked’ for Tech Support Scams appeared first on SecurityWeek.
With crime-as-a-service lowering the barrier to entry and prosecution lagging behind, enterprise security teams must rethink their strategies to detect and disrupt scams at scale.
The post Why Scamming Can’t Be Stopped—But It Can Be Managed appeared first on SecurityWeek.
The US has sanctioned Myanmar warlord Saw Chit Thu and his militia for their roles in cyber scams causing billions in losses to American victims.
The post US Sanctions Myanmar Militia Involved in Cyber Scams appeared first on SecurityWeek.
AI-powered threat protection startup Scamnetic has raised $13 million in a Series A funding round led by Roo Capital.
The post Scamnetic Raises $13 Million to Prevent Scams in Real Time appeared first on SecurityWeek.
Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe, according to a UN report.
The post UN Researchers Warn That Asian Scam Operations Are Spreading Across the Rest of the World appeared first on SecurityWeek.
An extortion group has been sending physical mail to corporate executives, threatening to leak their data unless a ransom is paid.
The post FBI: Fake Ransomware Attack Claims Sent to US Executives via Snail Mail appeared first on SecurityWeek.
The major IT outage caused by CrowdStrike is being leveraged by threat actors for phishing, scams, and malware delivery.
The post CrowdStrike Incident Leveraged for Malware Delivery, Phishing, Scams appeared first on SecurityWeek.
