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Hong Kong Video Deepfake Scam Nets HK$200 Million, Fraud Involved Simulation of Multiple Video Conference Participants

February 12, 2024

A Hong Kong deepfake scam that netted HK$200 million made use of a fake video conference with multiple company executives. The employee that was targeted reportedly did suspect fraud at first, but nevertheless ended up making a total of 15 bank transfers.

Computer screen with ransomware attack alert and man holding his head

Cyber Security Insights

How Not To Become a Feeder for a Ransomware Scammer

December 21, 2021

Organisations which have chosen the long run tackling digital transformation over the prompt adoption strategy and try to mate it with their established internal tactics have experienced fewer ransomware attacks.

Tech

Facebook Sues Ad Cloaking Technology Developer Who Enabled Scams to Run on Its Platform

April 17, 2020

Facebook has filed a lawsuit in a federal court in California against a software engineer who developed ad cloaking software...

Google AdSense app icon on mobile showing the emerging email extortion scams that threaten to cut off ad revenue for publishers

Cyber Security News

Emerging Email Extortion Scams Threaten to Cut off Ad Revenue for Publishers

March 3, 2020

Attackers are combining DDoS attacks and "click fraud" in new email extortion scams that target publishers with websites monetized through Google AdSense program.

Cyber Security News

2015 Ashley Madison Data Breach Leads to New Cyber Extortion Scams

February 21, 2020

Hackers used data from 2015 Ashley Madison data breach to conduct cyber extortion scams, asking users to pay more than $1,000 worth of Bitcoin.

Lovers hugging under the umbrella on a rainy day showing scammers breaking hearts on Valentine's Day

Cyber Security

Scammers Are Doing More Than Just Breaking Hearts This Valentine’s Day

February 11, 2020

Love is in the Cloud as millions of people are looking to meet their match online. However, Cupid isn't the only one taking aim at people seeking love on dating apps during this time of year. Catfishers and scammers are on the prowl, taking advantage of those looking for love.

Woman holding laptop with media icons showing the psychic mail scam that defrauded over $200 million from almost 1.4 million North Americans over 10 years

Cyber Security Insights

Psychics, Cages and Scammers – “If it’s a Psychic Network, why do they need my [Bank Account] number?”

December 18, 2019

Scams are often designed to take advantage of vulnerable victims. A case study was done on a psychic mail scam that defrauded over $200 million from almost 1.4 million North Americans over 10 years.

Department store for fashion showing online threats during holiday shopping season

Cyber Security News

Online Threats Targeting Unprepared Retailers Ramp up Dramatically During the Holiday Shopping Season

November 25, 2019

Retail industry is one of the worst-prepared for cyber attacks, yet is also one of the most heavily targeted by online threats during the holiday shopping season.

Cyber Security News

Toyota Subsidiary Loses $37 Million Due to BEC Scam

September 20, 2019

Toyota subsidiary has recently lost $37 million in a BEC scam. Unlike many companies, the large fund transfer did not seem to raise any initial alarms and warnings.

Scam

Hong Kong Video Deepfake Scam Nets HK$200 Million, Fraud Involved Simulation of Multiple Video Conference Participants

How Not To Become a Feeder for a Ransomware Scammer

Facebook Sues Ad Cloaking Technology Developer Who Enabled Scams to Run on Its Platform

Emerging Email Extortion Scams Threaten to Cut off Ad Revenue for Publishers

2015 Ashley Madison Data Breach Leads to New Cyber Extortion Scams

Scammers Are Doing More Than Just Breaking Hearts This Valentine’s Day

Psychics, Cages and Scammers – “If it’s a Psychic Network, why do they need my [Bank Account] number?”

Online Threats Targeting Unprepared Retailers Ramp up Dramatically During the Holiday Shopping Season

Toyota Subsidiary Loses $37 Million Due to BEC Scam

16-year-old Broadcom Wi-Fi Flaw Enables Hackers to Compromise Nearby Devices

Threat Actor Targeted PHP Vulnerabilities Days Before PHP2Shell Disclosure

Chinese Hacker Deploys Fully Automated AI Agents to Breach 100 Companies at Trivial Cost

Claude Code Security Vulnerability Could Enable Attackers to Exfiltrate Keys and Secrets