Tag Archive for: friend

At least S$12 million lost in fake friend call scams since January; new variant involving Android malware


SINGAPORE: At least S$12 million (US$8.9 million) has been lost in fake friend call scams since January 2023, the police said on Wednesday (Jul 5), warning of a new variant involving malicious Android links.

At least 3,700 victims have fallen prey to such scams since the beginning of the year.

They would receive text messages or phone calls from unknown numbers – with or without the +65 prefix. Scammers would claim to be a friend or an acquaintance and ask the victims to guess their real identity. 

Once a name is provided, the scammer would assume the identity of the victim’s friend and ask them to update their contact details.

“The scammers would contact the victims subsequently to ask for a loan and would claim that he or she is unable to perform a banking transaction or is experiencing financial difficulties,” said the police. 

Victims would then be provided with a local bank account to transfer the money.

While there has been a “persistent trend” of such scams, the police said they have seen a new variant where scammers would send victims malicious links, asking them to help with simple tasks such as making purchases, reserving seats at a restaurant or tracking a missing phone. 

“These malicious links will lead victims to either phishing sites and/or the download of an Android Package Kit (APK) file, an application created for Android’s operating system,” said the police, adding that victims would discover unauthorised transactions after keying in their banking credentials or card details. 

Source…

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Adult Friend Finder and Penthouse hacked in massive personal data breach – The Guardian


The Guardian

Adult Friend Finder and Penthouse hacked in massive personal data breach
The Guardian
Adult dating and pornography site company Friend Finder Networks has been hacked, exposing the private details of more than 412m accounts and making it one of the largest data breaches ever recorded, according to monitoring firm Leaked Source.
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“data breach” – Google News

Cyber insurance can be your worst nightmare, best friend

LAS VEGAS — Cyber insurance can pay out millions of dollars to cover the cost of data breach liability, but buying the policies can be a nightmare for info security pros, and premiums for similar coverage can vary wildly, an Interop audience was told.

dave bradford

On the flip side, the insurance companies lack underwriters with IT knowledge, a good model for assessing risk, a common vocabulary to discuss policies clearly, and face a looming threat that a single successful attack of just the wrong kind could mean a major financial hit, says Dave Bradford, co-founder and chief strategy officer at Advisens.

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Network World Tim Greene