Elon Musk is still causing chaos at Twitter (and it's beginning to impact users), are scammers selling your house without your permission, and Google gets stung with a record-breaking fine. All this and much more is discussed in the latest edition of the award-winning "Smashing Security" podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by The Cyberwire's Dave Bittner.

FBI has issued a warning to all students studying in different universities against the ongoing loan forgiving scam. The scam that is being circulated as email phishing and smishing is actually a fraudulent operation taken up by cyber crooks to mint critical financial details from innocent victims.

According to the US Governments Student Loan Debt Relief Plan, those students within income $125k can avail a loan relief, provided they are meeting all the stipulations related to the US Department of Education. A $20k debt cancellation is being offered for Pell Grant receivers and a bit less to other borrowers.

Hacking opportunists are seen banking on the ongoing session of loan cancellation as they are creating fake websites with identical domain names and sending the URL form links to innocent victims only to gain critical info from them.

Sometimes, the cyber crooks are seen claiming to fulfill the eligibility criterion for such loan cancellations or loan reimbursements.

Slowly, the scam that started as phishing now eased into a smishing scam, where victims are flooded with fraudulent SMSes where phishing is done via SMS instead of the regular email.

As victims are being lured or threatened to reveal personal info such as social security numbers, and other PII, the situation seems to turn into a big menace in the coming weeks, especially with the holiday season in the corner.

The only way to avoid falling prey into such scams is to never click on email links and SMS links coming from suspicious resources. Keeping the device updated with the required OS security patches and anti-malware software and ensure that the financial info you are entering is a HTTPS domain, that are hard to mimic.

 

The post FBI alerts students against loan forgiving scams appeared first on Cybersecurity Insiders.

A couple unexpectedly find $10.5 million in their cryptocurrency account, and in Cambodia people are being forced to commit scams. All this and more is discussed in the latest edition of the award-winning "Smashing Security" podcast by computer security veterans Graham Cluley and Carole Theriault.
Students learn a valuable lesson when it comes to AI detecting guns on campus, SIM swappers are surprisingly stupid, and romance scammers get scammed by someone (or some thing?) calling themselves Chiquita Banana. All this and much more is discussed in the latest edition of the award-winning "Smashing Security" podcast by computer security veterans Graham Cluley and Carole Theriault, joined this week by Mark Stockley.

WhatsApp is ranked as the most popular mobile messenger app in the world.  In fact, there are two billion active users on the app. This is an incredibly large audience. Unfortunately, it is also a huge number of potential victims for criminals to target. Cybercriminals are increasingly using WhatsApp as the medium for their attacks, […]… Read More

The post WhatsApp Scams in 2022: What to Look out for appeared first on The State of Security.

A new type of scam, called “pig butchering” is gaining momentum. Pig butchering is a unique scam which uses a romance scam script, but with an investment spin on it, where victims are groomed to invest large sums of money, often on fake crypto apps. Behind the scenes of these scams are scam centers run […]… Read More

The post 5 tips for spotting and avoiding Pig butchering scams appeared first on The State of Security.