Romance scam | Breaking Cybersecurity News | The Hacker News

INTERPOL has announced the arrest of eight individuals in Côte d'Ivoire and Nigeria as part of a crackdown on phishing scams and romance cyber fraud. Dubbed Operation Contender 2.0, the initiative is designed to tackle cyber-enabled crimes in West Africa, the agency said. One such threat involved a large-scale phishing scam targeting Swiss citizens that resulted in financial losses to the tune of more than $1.4 million. The cybercriminals posed as buyers on small advertising websites and used QR codes to direct victims to fraudulent websites that mimicked a legitimate payment platform. This allowed victims to inadvertently enter personal information such as their credentials or card numbers. The perpetrators also impersonated the unnamed platform's customer service agents over the phone to further deceive them. As many as 260 scam reports are said to have been received by Swiss authorities between August 2023 and April 2024, prompting a collaborative investigation that ...

The U.S. Department of Justice (DoJ) has sentenced a 31-year-old man to 10 years in prison for laundering more than $4.5 million through business email compromise ( BEC ) schemes and romance scams. Malachi Mullings, 31, of Sandy Springs, Georgia pleaded guilty to the money laundering offenses in January 2023. According to court documents, Mullings is said to have opened 20 bank accounts in the name of a non-existent company named The Mullings Group LLC., which served as a conduit to launder the fraudulent proceeds from at least 2019 to July 2021. The scheme netted millions of dollars via BEC attacks targeting a healthcare benefit program, private companies, and other entities, as well as romance fraud schemes targeting the elderly. A BEC scam is a form of targeted cyber attack in which financially motivated bad actors trick unsuspecting executives and employees into sending money or sensitive data to accounts under their control using various social engineering ploys. Such atta...

In cybersecurity, confidence is a double-edged sword. Organizations often operate under a false sense of security , believing that patched vulnerabilities, up-to-date tools, polished dashboards, and glowing risk scores guarantee safety. The reality is a bit of a different story. In the real world, checking the right boxes doesn't equal being secure. As Sun Tzu warned, "Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." Two and a half millennia later, the concept still holds: your organization's cybersecurity defenses must be strategically validated under real-world conditions to ensure your business's very survival. Today, more than ever, you need Adversarial Exposure Validation (AEV) , the essential strategy that's still missing from most security frameworks. The Danger of False Confidence Conventional wisdom suggests that if you've patched known bugs, deployed a stack of well-regarded security tools, and passed the nec...

The Indian government said it has rescued and repatriated about 250 citizens in Cambodia who were held captive and coerced into running cyber scams. The Indian nationals "were lured with employment opportunities to that country but were forced to undertake illegal cyber work," the Ministry of External Affairs (MEA)  said  in a statement, adding it had rescued 75 people in the past three months. It also said it's working with "with Cambodian authorities and with agencies in India to crack down on those responsible for these fraudulent schemes." The development comes in the wake of a  report  from the Indian Express that said more than 5,000 Indians stuck in Cambodia were forced into "cyber slavery" by organized crime rackets to scam people in India and extort money by masquerading as law enforcement authorities in some cases. The report also tracks with an earlier disclosure from INTERPOL, which characterized the situation as  human trafficking-fu...

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 ...

Breaking News — The Nigerian prince and his allies who might have also asked you over an email for your assistance to help save "the first African astronaut lost in space" have finally been arrested by the FBI. Don't take it too seriously, as there's no Nigerian prince or an astronaut seeking your help. Instead, it was an infamous 'Nigerian 419' scam email template where fraudsters try to dupe you into making a quick online payment by offering a share in a large sum of money on the condition you help them transfer money out of their country. The FBI today announced the arrests of 281 suspects from around the world as part of an internationally coordinated law enforcement operation aimed at disrupting multi-billion-dollar BEC email and wire transfer scams. With no surprise, the largest number of arrests were made in Nigeria where authorities detained a total of 167 suspects, though a significant number of arrests were also made in nine other countrie...

You may have heard of hilarious Nigerian scams. My all time favourite is this one: A Nigerian astronaut has been trapped in space for the past 25 years and needs $3 million to get back to Earth, Can you help? Moreover, Nigerians are also good at promising true love and happiness. But You know, Love hurts. Those looking for true love and happiness lost tens of millions of dollars over the Nigerian dating and romance scams. These criminals spend their whole day trolling the online dating sites for contact emails and then send off hundreds of thousands of fraudulent emails awaiting the victim's response. A US federal district court in Mississippi has sentenced such three Nigerian scammers to a collective 235 years in prison for their roles in a large-scale international fraud network that duped people out of tens of millions of dollars. The three Nigerian nationals were part of a 21-member gang of cyber criminals, of which six, including Ayelotan, Raheem, and Mewase,...