Online Scam | Breaking Cybersecurity News | The Hacker News

Google on Thursday announced it's rolling out new artificial intelligence (AI)-powered countermeasures to combat scams across Chrome, Search, and Android. The tech giant said it will begin using Gemini Nano , its on-device large language model (LLM), to improve Safe Browsing in Chrome 137 on desktops. "The on-device approach provides instant insight on risky websites and allows us to offer protection, even against scams that haven't been seen before. Gemini Nano's LLM is perfect for this use because of its ability to distill the varied, complex nature of websites, helping us adapt to new scam tactics more quickly," the company said . Google noted that it's already using this AI-driven approach to tackle remote tech support scams, which often seek to trick users into parting with their personal or financial information under the pretext of a non-existent computer problem. This works by evaluating the web pages using the LLM for potential signals that are...

INTERPOL is calling for a linguistic shift that aims to put to an end to the term " pig butchering ," instead advocating for the use of "romance baiting" to refer to online scams where victims are duped into investing in bogus cryptocurrency schemes under the pretext of a romantic relationship. "The term 'pig butchering' dehumanizes and shames victims of such frauds, deterring people from coming forward to seek help and provide information to the authorities," the agency said in a statement. The cryptocurrency theft scheme first appeared in China around 2016, but has since proliferated across the world over the years. It has its origins in the Chinese phrase "杀猪盘" ("shā zhū pán"), which literally translates to "pig butchering," a reference to the practice of fattening a pig before slaughter. In a similar vein, the investment fraud often involves fraudsters contacting prospective targets on social media and da...

In 2023, no fewer than 94 percent of businesses were impacted by phishing attacks, a 40 percent increase compared to the previous year, according to research from Egress . What's behind the surge in phishing? One popular answer is AI – particularly generative AI, which has made it trivially easier for threat actors to craft content that they can use in phishing campaigns, like malicious emails and, in more sophisticated cases, deepfake videos . In addition, AI can help write the malware that threat actors often plant on their victims' computers and servers as part of phishing campaigns. Phishing as a Service , or PhaaS, is another development sometimes cited to explain why phishing threats are at an all-time high. By allowing malicious parties to hire skilled attackers to carry out phishing campaigns for them, PhaaS makes it easy for anyone with a grudge – or a desire to exfiltrate some money from unsuspecting victims – to launch phishing attacks. Phishing has become agil...

Cryptocurrency analysts have shed light on an online marketplace called HuiOne Guarantee that's widely used by cybercriminals in Southeast Asia, particularly those linked to pig butchering scams. "Merchants on the platform offer technology, data, and money laundering services, and have engaged in transactions totaling at least $11 billion," Elliptic said in a report shared with The Hacker News. The British blockchain analytics firm said that the marketplace is part of HuiOne Group, a Cambodian conglomerate with links to Cambodia's ruling Hun family and that another HuiOne business, HuiOne International Payments, is actively involved in laundering scam proceeds globally. According to its website , HuiOne's financial services arm is said to have 500,000 registered users. It also touts Alipay, Huawei, PayGo Wallet, UnionPay, and Yes Seatel as its customers. Southeast Asian countries like Burma, Cambodia, Laos, Malaysia, Myanmar, and the Philippines have become...

The threat actor known as Patchwork likely used romance scam lures to trap victims in Pakistan and India, and infect their Android devices with a remote access trojan called  VajraSpy . Slovak cybersecurity firm ESET said it uncovered 12 espionage apps, six of which were available for download from the official Google Play Store and were collectively downloaded more than 1,400 times between April 2021 and March 2023. "VajraSpy has a range of espionage functionalities that can be expanded based on the permissions granted to the app bundled with its code," security researcher Lukáš Štefanko  said . "It steals contacts, files, call logs, and SMS messages, but some of its implementations can even extract WhatsApp and Signal messages, record phone calls, and take pictures with the camera." As many as 148 devices in Pakistan and India are estimated to have been compromised in the wild. The malicious apps distributed via Google Play and elsewhere primarily masqueraded ...

Four U.S. nationals have been charged for participating in an illicit scheme that earned them more than $80 million via cryptocurrency investment scams. The defendants – Lu Zhang, 36, of Alhambra, California; Justin Walker, 31, of Cypress, California; Joseph Wong, 32, Rosemead, California; and Hailong Zhu, 40, Naperville, Illinois – have been charged with conspiracy to commit money laundering, concealment money laundering, and international money laundering. The U.S. Department of Justice (DoJ), which announced the arrests of both Zhang and Walker in connection with the fraudulent operation, said the quartet opened shell companies and bank accounts to carry out  pig butchering scams , transferring the ill-gotten funds to domestic and international financial entities. If convicted, Zhang and Walker face a maximum penalty of 20 years in prison. Their alleged co-conspirators remain at large. "The overall fraud scheme in the related pig-butchering syndicate involved at least 284...

Ukraine's biggest telecom operator Kyivstar has  become  the victim of a " powerful hacker attack ," disrupting customer access to mobile and internet services. "The cyberattack on Ukraine's #Kyivstar telecoms operator has impacted all regions of the country with high impact to the capital, metrics show, with knock-on impacts reported to air raid alert network and banking sector as work continues to restore connectivity," NetBlocks  said  in a series of posts on X (formerly Twitter). Kyivstar, which is owned by Dutch-domiciled multinational telecommunication services company VEON,  serves  nearly 25 million mobile subscribers and more than 1 million home internet customers. The company said the attack was "a result of" the war with Russia and that it has notified law enforcement and special state services. While Kyivstar is working to restore the services, the internet watchdog noted that the telco is largely offline. That said, Kyivstar has yet ...

More details have emerged about a malicious Telegram bot called  Telekopye  that's used by threat actors to pull off large-scale phishing scams. "Telekopye can craft phishing websites, emails, SMS messages, and more," ESET security researcher Radek Jizba  said  in a new analysis. The  threat actors behind the operation  – codenamed Neanderthals – are known to run the criminal enterprise as a legitimate company, spawning a hierarchical structure that encompasses different members who take on various roles. Once aspiring Neanderthals are recruited via advertisements on underground forums, they are invited to join designated Telegram channels that are used for communicating with other Neanderthals and keeping track of transaction logs. The ultimate goal of the operation is to pull off one of the three types of scams: seller, buyer, or refund. In the case of the former, Neanderthals pose as sellers and try to lure unwary Mammoths into purchasing a non-ex...

Spanish law enforcement officials have  announced  the arrest of 34 members of a criminal group that carried out various online scams, netting the gang about €3 million ($3.2 million) in illegal profits. Authorities conducted searches across 16 locations Madrid, Malaga, Huelva, Alicante, and Murcia, seizing two simulated firearms, a katana sword, a baseball bat, €80,000 in cash, four high-end vehicles, and computer and electronic material worth thousands of euros. The operation also uncovered a database with cross-referenced information on four million people that was collated after infiltrating databases belonging to financial and credit institutions. The scams, which were conducted via email, SMS, and phone calls, entailed the threat actors masquerading as banks and electricity supply companies to defraud victims, in some cases even perpetrating  "son in distress" calls  and manipulating delivery notes from technology firms. In one instance, the miscreants re...

A Vietnamese threat actor has been attributed as behind a "malverposting" campaign on social media platforms to infect over 500,000 devices worldwide over the past three months to deliver variants of information stealers such as  S1deload Stealer  and  SYS01stealer . Malverposting refers to the use of promoted social media posts on services like Facebook and Twitter to mass propagate malicious software and other security threats. The idea is to reach a broader audience by paying for ads to "amplify" their posts. According to  Guardio Labs , such attacks commence with the adversary creating new business profiles and hijacking already popular accounts to serve ads that claim to offer free adult-rated photo album downloads. Within these ZIP archive files are purported images that are actually executable files, which, when clicked, activate the infection chain and ultimately deploy the stealer malware to siphon session cookies, account data, and other information. ...