Robert Siciliano Security Analyst at Safr.me
A long-running and large-scale internet-based fraud scheme netted around $50 million from dozens of investors over an eight-year period. The perpetrators created 150 fake sites that targeted investors. These sites would tell the investors that they had multiple investment opportunities that they should take. According to the court documents, these...
28 June 2024
Why? Because human beings trust by default. Without trust, we wouldn’t survive as a species. From the day we come out of our mama, we simply want and need to trust others in order to survive. And when you mix media in any form, media that we have grown to trust over a lifetime, and then weave in financial fraud, the likelihood of someone, somewher...
14 February 2024
Zelle is one of the most famous platforms to quickly send money to loved ones, friends, and family. However, now cybercriminals are taking advantage of it to get people’s account information. Using clever tactics to fool clients, fraudsters are now taking advantage of the existence of Zelle to get customers to give them their account information. O...
23 December 2023 /security
Cyber criminals hate a hard target. In the language of security, a "hard target" is someone difficult to hack, while a "soft target" is someone who is especially vulnerable. Put yourself in a criminal's shoes: Which home would you attempt to rob: the one with the back door open or the one with the spotlights and a burglar alarm?...
09 November 2023
October 2023 marks the 20th annual observation of Cybersecurity Awareness Month, an annual declaration from the U.S. Congress and the White House intended to remind individuals and business owners of the importance of cyber security. The month exists to acknowledge that all of us can, and should, do more to stay safe online and to protect our busi...
05 October 2023
Social engineering may be behind two high-profile attacks on casino operators Ceasar's and MGM. In an 8-K filing with the Securities and Exchange Commission, Ceasar's Entertainment reported "a social engineering attack on an outsourced IT support vendor used by the Company." Hackers were able to steal data from the Ceasar's loyalty datab...
20 September 2023
The verification stage required for opening new online accounts is usually the one thing internet users dread the most. It can be a pain in the neck, and most people would rather forget the process altogether. However, the reason why many sites force their users to verify their identity is to safeguard their details and for the safety of all legit...
07 September 2023
The New Haven, Connecticut, school district lost more than $6 million to cyber thieves in a Business Email Compromise (BEC) attack that was discovered only after the real vendor asked why they had not been paid. ABC News provided details on the attack, which began in May and demonstrated a high level of patience on the part of the hackers. Crimina...
31 August 2023
The new Securities and Exchange Commission (SEC )disclosure rule for cyber incidents represents the most sweeping attempt to date to mandate cyber security by the United States government. If you own or work at a publicly traded company, if you handle data provided by a publicly traded company or if you simply supply a publicly traded company, thi...
18 August 2023
People are often anxious about the security of their personal information and online accounts. Cybercriminals are finding new ways to invade your privacy which is why you need comprehensive protection to keep you safe online. We spend a lot of time on this blog discussing SMB security. However "all security is personal", even at the enter...
05 August 2023
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