These financially-motivated attackers, closely aligned with Scattered Spider, use voice-phishing and social engineering to breach victims' identity platforms and traverse SaaS environments, according to a report by CrowdStrike.
Report sheds light on Chinese phishing campaigns against journalists, activists Chinese state-backed freelance hackers have launched a pair of phishing campaigns aimed at journalists and opposition activists in Taiwan, Hong Kong, Tibet, and China's Uyghur region in a span of nine months, according to The Record, a news site by cybersecurity firm Recorded Future.
TechCrunch reports that financial losses linked to social media scams were reported by the U.S. Federal Trade Commission to have increased eightfold over time, exceeding losses attributed to other methods of fraud used by criminals to trick consumers.
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