fraud

Trends in Phishing Attacks and the Industries Commonly Targeted

Research shows that there has been a considerable uptick in phishing attacks since the onset of the pandemic. Reports indicate that over 91% of information security breaches begin with attackers launching phishing attacks on victims.   According to a report by the Federal Bureau of Investigation (FBI), there were more than 11 times as many phishing attacks and complaints in 2020 than in 2016. Out of all the malware attacks, phishing was the most common …

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COVID-19 Linked OTP Frauds Targeting India

In these challenging times caused by the COVID-19 pandemic, have you heard about any get rich quick schemes? No, we are not talking about Crypto Currencies today.  Cyble Researchers have come across a fraudulent technique being used by cybercriminals. This is a case of OTP Fraud, which is one of the simplest and quickest cases of cyber fraud.  With COVID-19 as the threat vector, cybercriminals are devising newer ways to defraud people. In case of the OTP fraud, they are tricking …

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Rising Cryptocurrency Scams and How to Avoid Them

With a single Bitcoin (BTC) now trading above $50,000, cryptocurrencies such as Bitcoin and Ethereum (ETH) are becoming increasingly attractive targets for cybercriminals. From sophisticated spear-phishing scams to targeted ransomware attacks, such cybercrime can take many forms. Here’s how to protect yourself. According to Beenu Arora, Founder and CEO of Cyble, a global threat intelligence Software-as-a-Service (SaaS) provider …

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