pig butchering – Computer Security Articles

MalwareBytes Security

A week in security (February 26 – March 3)

March 4, 2024 admin Airbnb, alphv, change healthcare, news, pig butchering, pikabot, rhadamanthys

A list of topics we covered in the week of February 26 to March 3 of 2024

MalwareBytes Security

Pig butchering scams, how they work and how to avoid them

March 1, 2024 admin investment fraud, john oliver, news, pig butchering, romance scam, scams

Pig butchering scams are usually tied to cryptocurrency investments that make for big business with victims on both sides of the line.

Security Sophos

Cryptocurrency scams metastasize into new forms

February 4, 2024 admin cryptocurrency scams, Featured, pig butchering, scams, shazhupan, sophos x-ops, threat research

Credit to Author: gallagherseanm| Date: Fri, 02 Feb 2024 11:00:13 +0000

“DeFi mining” scams adopted by pig-butchering rings create more problems for those trying to defend against them.

MalwareBytes Security

Investment fraud overtakes business email compromise as most reported fraud

March 15, 2023 admin 2022, crypto-investment fraud, FBI, hacked socail media, ic3, investment fraud, news, pig butchering, report, scams

Categories: News

Categories: Scams

Tags: FBI

Tags: IC3

Tags: 2022

Tags: report

Tags: investment fraud

Tags: crypto-investment fraud

Tags: pig butchering

Tags: hacked socail media

According to the FBI’s annual report, investment fraud overtook business email compromise as the most reported and most damaging type of fraud in 2022.

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The post Investment fraud overtakes business email compromise as most reported fraud appeared first on Malwarebytes Labs.

Independent Krebs

Massive Losses Define Epidemic of ‘Pig Butchering’

July 21, 2022 admin A Little Sunshine, chainalysis, courtney nolan, employment fraud, Erin West, FBI, ic3.gov, justin maile, Latest Warnings, pig butchering, REACT Task Force, The Coming Storm, vice news, Web Fraud 2.0, WhatsApp, xtb-market

Credit to Author: BrianKrebs| Date: Thu, 21 Jul 2022 16:35:28 +0000

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.