Items tagged with scam

The US Department of Education is currently preparing to forgive up to $20,000 per person in federal student loan debt. While there are multiple outstanding legal challenges to the executive order that authorizes this plan, those with student loans can already apply for debt relief on the official Federal Student Aid... Read more...
Researchers at the cybersecurity firm Trellix have been keeping tabs on a sophisticated phishing campaign, known as BazarCall, since it first drew attention in 2020. This campaign evolved over time, pioneering a social engineering technique called "callback phishing" that is now employed by many different threat... Read more...
Researchers at the cybersecurity firm ReasonLabs have discovered a credit card scam campaign estimated to have extracted tens of millions of dollars from tens of thousands of credit card holders. This scheme utilizes fake dating websites, a dedicated payment processor, and customer support services all created and... Read more...
The Shack is back on Twitter promoting its crypto and NFTs in an NFSW kind of way, and reactions are mixed. The 100-year old tech retailer decided to reimagine itself, following decades of decline, bankruptcy and being delisted by New York Stock Exchange in 2015. It isn't unusual to find companies on social media... Read more...
Popular portrayals of hackers tend to show them as computer geniuses who use their elite technical skills to breach computer systems. However, in real life, bad actors often don’t bother to directly hack computer systems when they can access those same systems by hacking people instead. People are often willing to... Read more...
Last week, the US Federal Trade Commission (FTC) published a report according to which cryptocurrency scammers have swindled Americans out of over $1 billion since 2021. Cryptocurrency scams are rampant on social media sites, as well as messaging apps like Telegram. The scams often trade on the names of... Read more...
Everywhere you look there is someone who is trying to convince you to invest in cryptocurrency. Unfortunately, many of these promos are simply a scam. The Federal Trade Commission (FTC) recently reported that Americans have lost over $1 billion USD to cryptocurrency scams. An FTC report noted that more than 46,000... Read more...
Cryptocurrency scams are quite common these days, likely due, at least in part, to the perception that cryptocurrency is an easily accessible investment vehicle. Just last week, the Security and Exchange Commission (SEC) announced that it is almost doubling the size of its Crypto Assests and Cyber Unit in the hopes of... Read more...
We’ve recently covered a number of sophisticated phishing scam techniques, including fake animated windows designed to steal passwords and automated call bots that trick victims into giving away multi-factor authentication codes. While ransomware attacks are currently on track to surpass phishing attacks as the number... Read more...
We’ve written before about how two-factor authentication (2FA) provides much stronger protection against attackers attempting to access user accounts than a single password. Even so, it’s still important to remain vigilant, as 2FA doesn’t make user accounts unbreachable. We recently reported on Android malware that... Read more...
"Hi, I am calling you about your car's extended warranty," has become a meme, but scam calls have been increasing over the past year according to new data from T-Mobile. The cell phone company released some interesting statistics concerning those scam calls on its website. Most everyone that owns a smartphone has... Read more...
Hardware marketed at audiophiles is nothing new. Digital-to-analog converters, high-fidelity sound cards, excellent headphones or speakers, and powerful amplifiers all contribute to an enjoyable listening experience. Unfortunately, some hardware manufacturers will try to sell you on the need for something that has no... Read more...
Craigslist does not have the best reputation. You can find almost anything on Craigslist, including apparently malware. A recent report claimed that hackers were attempting to use the Craigslist mailing system to distribute malware to users. One feature on Craigslist is the ability to send a message through its... Read more...
Microsoft's Windows 11 operating system is set to debut this October, and understandably, many people are excited about its launch. After all, it's been about six years since the official launch of Windows 10, and people are antsy to see what's next from Microsoft. Unfortunately, scammers are always looking for a way... Read more...
It is not often a snake-oil product comes up in the realm of technology, but it seems the “Freedom Phone” fits that bill. Featuring no reported specs, construction in China, and a 4x markup from Alibaba, all while touting itself as a “free speech and privacy first focused phone,” the Freedom Phone seems to be more of... Read more...
The state of affairs with current-generation graphics cards is quite grim at the moment. Due to high consumer demand and fabs stretched to max when it comes to production, everything from "lowly" NVIDIA GeForce RTX 3060 graphics cards to the flagship GeForce RTX 3090 is hard to find at retail stores (online and B&M)... Read more...
Last week, cybersecurity researchers discovered an open Elasticsearch database that exposed an extensive fake Amazon reviews scam ring. The database contained millions of direct messages between Amazon vendors and upwards of 200,000 customers willing to provide fake reviews in exchange for free products. It is... Read more...
Academic textbooks must be one of the biggest shams out there, as math and science do not change enough to warrant a new edition of a book multiple times under ten-year spans. With the advent of eBooks, creating new editions of books became even easier as they did not require printing. Now, with the COVID-19 pandemic... Read more...
A 5G "blocking" device called 5GBioShield is being sold in Europe for £339, which is about $418 here in the United States. The device claims to block 5G signals that some people fear contribute to the spread of COVID-19, among other things. The bizarre device claims to use a "holographic nano-layer catalyzer" to block... Read more...
Fraudsters are always looking for new ways to cheat someone out of money. A report claims that a company CEO was tricked by scammers who faked the voice of the parent company CEO to get the executive to transfer $243,000 to an external account. The story claims that in March, criminals used commercially available... Read more...
Voice assistants can be great for looking up the weather, playing music, and answering inquiries. However, consumers should use caution before asking their voice assistant to call a business or customer service line. The Better Business Bureau (BBB) recently reported that voice assistants are accidentally dialing... Read more...
Buyer beware, it has come to our attention that there are several websites advertised on Facebook that are scamming people into paying for merchandise that they will never receive. These scams appear to have started to show up about a month ago on Facebook, and there have been hundreds of comments from people... Read more...
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