May 17, 2024 at 07:48AM Cybercriminals using the Black Basta ransomware have abused the Quick Assist remote management tool in vishing attacks. Active since 2022, Black Basta has targeted over 500 organizations worldwide, inflicting over $100 million in ransom payments. Microsoft warns of these attacks on critical infrastructure and is incorporating alerts to combat tech … Read more
May 16, 2024 at 07:34PM Cybercrime gang leverages Microsoft Quick Assist in social engineering attacks to deploy Black Basta ransomware. Microsoft investigates and advises users to be cautious of tech support scams. Organizations are recommended to block or uninstall unused remote management tools to reduce risk. Threat indicators and hunting queries provided by Microsoft for … Read more
April 27, 2024 at 01:18PM Japanese police in Fukui prefecture are combatting online scams targeting elderly by placing dummy payment cards in convenience stores. Labeled “Virus Trojan Horse Removal Payment Card” and “Unpaid Bill Late Fee Payment Card,” these alert mechanisms warn elders seeking payment cards at instructions of fraudsters. This initiative aims to identify … Read more
March 25, 2024 at 12:11PM Google Search Generative Experience (SGE) is an AI feature providing quick summaries for search queries but is recommending spam and malicious websites, making it easier for users to fall for scams. These sites promote unwanted browser extensions, fake iPhone giveaways, tech support scams, and push notifications for spam and affiliate … Read more
March 13, 2024 at 08:33AM US law enforcement seized $1.4 million worth of Tether tokens in a tech support scam targeting elderly victims. Perpetrators posed as tech support employees and bank representatives to fraudulently obtain victims’ funds, totaling over $12.5 billion in reported losses for 2023. The FBI identified and froze the fraudsters’ accounts, with … Read more
March 7, 2024 at 09:34AM The FBI’s IC3 reported a 10% increase in cybercrime complaints in 2023, totaling over 880,000 in the US with $12.5 billion in losses, a 22% rise from 2022. Phishing dominates complaints, with investment fraud and BEC causing the highest losses. Ransomware affected critical sectors, with LockBit and BlackCat being active … Read more
January 29, 2024 at 11:36AM The FBI issued a warning about scammers using courier services to collect cash and precious metals from victims, often senior citizens, in tech support or government impersonation scams. The scammers pressure victims to sell assets and arrange for couriers to pick up funds. The FBI advises caution and to report … Read more
October 19, 2023 at 01:28PM India’s Central Bureau of Investigation (CBI) conducted raids on 76 locations as part of Operation Chakra-II to crack down on cybercrime operations involved in tech support scams and cryptocurrency fraud. The raids resulted in the seizure of mobile phones, laptops, SIM cards, and the freezing of bank accounts. The CBI … Read more