Tag

Phishing Scams

All articles tagged with #phishing scams

New York State Sues Citibank Over Account Fraud Protection
business1 year ago

New York State Sues Citibank Over Account Fraud Protection

New York State's attorney general has filed a lawsuit against Citi, accusing the bank of failing to prevent scammers from stealing money from customer accounts through phishing scams. The lawsuit alleges that Citi should reimburse fraud victims for any losses and holds the bank responsible under the 1978 Electronic Fund Transfer Act. Citi's spokeswoman stated that banks are not required to reimburse customers who are victims of such fraud, but the attorney general emphasized that there is no excuse for Citi's failure to protect customers' accounts.

Elon Musk's $1 Charge for X Users Fails to Stop Crypto Bots
technology2 years ago

Elon Musk's $1 Charge for X Users Fails to Stop Crypto Bots

Social app X's plan to charge new users $1 in an effort to reduce spam and bot activity may not effectively deter crypto bots and phishing scams. Previous attempts to charge users have failed to prevent phishing scams by verified accounts on the platform. While the charge may dissuade some bots, market observers suggest that enhancing reporting measures and implementing stringent vetting to deny scam ads would be more effective. Some crypto funds propose using blockchain technology, such as Proof of Personhood and Decentralized Identity (DID) methods, to address the bot problem.

"Warning: 'Life-Ruining' Messages Target Billions of Email and Phone Users"
cybersecurity2 years ago

"Warning: 'Life-Ruining' Messages Target Billions of Email and Phone Users"

The Federal Trade Commission has issued a warning to Gmail, Outlook, Android, iPhone, and other digital platform users about phishing scams that can ruin lives. Cybercriminals send phishing emails and texts to steal important details. The FTC advises users to block unwanted calls and text messages, not give personal or financial information in response to unexpected requests, resist the pressure to act immediately, know how scammers tell you to pay, and talk to someone you trust before taking any action.

Beware: Google's Warning Sign Could Save Your Bank Account.
technology2 years ago

Beware: Google's Warning Sign Could Save Your Bank Account.

Google has rolled out a brand logo security feature to reduce the likelihood of users clicking on scam emails and downloading malware attachments or following malicious links. The feature relies on Google's "Brand Indicators for Message Identification" software, which displays an organization's logo next to the email before it is clicked on. Amazon also uses a similar black smile logo to indicate legitimate emails. Users should be vigilant when checking emails, double-check the sender's email address, avoid opening attachments or clicking on links, and contact the brand directly if unsure about an email.