October 3, 2024 at 08:39AM British-Nigerian men Oludayo Kolawole John Adeagbo, 45, and Donald Ikenna Echeazu, 42, have been sentenced for email fraud schemes in the US, earning millions. Adeagbo was sentenced to seven years for affecting Texas and North Carolina organizations, while Echeazu received 18 months. Their scams involved construction projects and local government … Read more
October 2, 2024 at 01:27PM Group-IB reported on a large-scale fraud campaign involving fake trading apps on Apple App Store and Google Play Store, using phishing sites to deceive victims. Operating globally, the campaign leverages social engineering, targeting victims for investment fraud. The cybercriminals utilized a fake app to deceive victims into making investments, subsequently … Read more
March 5, 2024 at 06:45AM Savvy Seahorse, a new DNS threat actor, uses sophisticated techniques to lure victims into fake investment platforms, targeting individuals from various countries. They use DNS records to create a traffic distribution system, making it difficult to detect and take down their phishing sites. Victims are tricked into providing personal information … Read more
February 28, 2024 at 09:39AM Savvy Seahorse uses CNAME DNS records to create a traffic distribution system for financial scam campaigns. Infoblox researchers uncovered this operation in August 2021, noting the use of chatbots to automate scamming and the abuse of DNS CNAME records to manage redirects and evade detection. The actor targets victims through … Read more