Identity theft scammers offer low-interest rate credit cards
Scammers have committed identity theft by stealing large amounts of personal and financial information from thousands of people. They place fraudulent phone calls and offer lower interest rates on credit cards, an investigation by CBC’s Marketplace has found.
The scammers request a service charge between $500 and $5000 dollars to reduce the victim’s interest rate. The victim is required to supply their name, date of birth and address, as well as their credit card number, expiration date and CVV number.
Originated in Pakistan
Marketplace obtained a leaked list of records from an illegal call center in Pakistan, which “contained a wealth of sensitive personal information, including credit card numbers, social insurance numbers, addresses, maiden names, employer names, and annual incomes.” The ... Read More
Internet thieves pose as IRS agents
The Internal Revenue Service is warning us about a surge in phishing emails, links, and phone calls during tax season, according to Toni Birdsong at McAfee. These Internet thieves pose as IRS agents and threaten to seize the victim’s tax refund or have them sent to jail unless the victim makes a payment. The same is likely going on in other countries.
Many of the phishing emails also contain malicious links through which the attackers steal sensitive data, either by sending victims to a spoofed website where their information is harvested or by triggering the download of information-stealing malware. Scammers are also using threatening phone calls to demand immediate payment of taxes and to procure personal information from victims over the phone.
The ... Read More
Extortion scams capitalize on compromised credentials, sensitive data, and technical vulnerabilities
Cyber thieves seeking sensitive data on high net-worth individuals will pay an average of $360,000 per year to target executives, lawyers, doctors, and other prominent figures, researchers discovered. The money comes through extortion
The Digital Shadows Photon Research Team today published "A Tale of Epic Extortions," a deep dive into the ways cybercriminals prey on individuals' online exposure. Extortionists take advantage of compromised credentials, sensitive data (documents, intellectual property), and technical vulnerabilities on Internet-facing applications to convince their victims to pay up.
Extortion has a human element
"The extortion landscape is broader and more diverse than any of us thought before we started," says Rafael Amado, senior strategy and research analyst with Digital Shadows.
Oftentimes, he continues, the technical ... Read More