AUSTRALIA - A South Australian woman narrowly avoided a complete financial disaster after falling victim to a sophisticated business email compromise (BEC) scam that led to the loss of over $800,000. Authorities have since managed to recover a significant portion of the stolen funds, shedding light on the growing threat of cyber fraud in real estate transactions. The victim, who had been in the process of purchasing a property, received what appeared to be a legitimate … [Read more...]
Bots, Ad Networks & Fake Lead Form Fills; Phones Don’t Work, Emails Bounce
WEST PALM BEACH, FL – Have you recently noticed your lead forms being filled out with fake information, phone numbers that don't work and/or email addresses that bounce back? Google's Display Network (GDN) and Microsoft's Audience Network (MSAN) both serve ads across a vast number of websites, apps, and video content. While both companies have robust fraud detection systems in place, bot traffic and fraudulent interactions can occur within these networks. Here’s … [Read more...]
Large-Scale Fraud Campaign Utilizes Over 700 Domains to Sell Fraudulent Tickets
CHANDLER, AR - Authorities have discovered that a group behind a widespread internet scam – dubbed “Ticket Heist” – has been utilizing over 700 domain names, registered over the course of over two years, in order to sell fraudulent tickets and hotel accommodations to the Summer Olympic Games in Paris. The operation, which researchers at threat intelligence company QuoIntelligence say seems to primarily target Russian-speaking individuals, has not only offered … [Read more...]
Multiple Domains Used by Vietnamese Cybercrime Group Seized by Microsoft
REDMOND, WA - Multiple domains utilized by a Vietnamese cybercrime group known as “Storm-1152” to sell fraudulent Outlook email accounts have been seized by Microsoft’s Digital Crimes Unit. The domains have been used to cause millions of dollars in damage. Storm-1152 had reportedly used these domains to register over 750 million fake Outlook accounts that they then would sell online to cybercriminals. In addition, the outlaw group also provided numerous other illegal … [Read more...]
FEDs Seize 17 Domains Suspected of Being Used for Fraud in U.S. by North Korea
WASHINGTON, D.C. - On Wednesday, the United States Justice Department announced it has seized 17 website domains utilized by North Korean information technology (IT) workers to purportedly evade government sanctions, conduct cyberattacks and defraud U.S. businesses, with the millions of dollars in illicit proceeds generated from such activities being used to fund North Korea's weapon development program. The Justice Department confirmed in a statement that the … [Read more...]
Lawyer Says, “Shadow Group” Setup Website Proposing Assassinations
WASHINGTON, D.C. – A website that was online only a few days published the identities, including email and home addresses of various Republican and Democratic leaders as well as related employees of people the site claimed are responsible for “aiding and abetting the fraudulent election” against President Trump. The site, which has now disappeared, listed the personal details, including maps to the homes as well as headshots of the individuals inside crosshairs with an … [Read more...]
Feds Take Down First Coronavirus Scam Site
WASHINGTON, D.C. – The world’s first web site taken down of a fraudulent Coronavirus scam has taken place – and in record time. On Sunday, the US Department of Justice announced it had shut down a website in connection with COVID-19, the disease caused by 2019 Novel Coronavirus. The site, CoronavirusMedicalKit.com, promised visitors a free vaccine from the World Health Organization (WHO) and shoppers needed only to pay shipping costs of $4.95 to receive their cure, … [Read more...]
This AMEX Email Phishing Scam Wants You Homeless & Poor, With A Zero FICO Score
PALM BEACH, FL - Nothing could better destroy your holiday spirit than a compromise of your most secure personal information in the form of a phishing expedition. Here is one of the latest email scams circulating what is probably hundreds of thousands of inboxes, just in time for Christmas. Here is how it all plays out: You receive an email which appears to be from American Express, but it isn't, it's from some scrupulous hacker hiding somewhere behind a computer who is … [Read more...]
Just Some Fake Bids; Nothing to See Here; Move Along Now, Please Disperse…
PALM BEACH, FL – This is a pretty interesting story all though it has come and gone just like yesterday’s old news – no one cares, no one is all that surprised, figuring it was non-sense to begin with, next story please. I suggest domain market participants not let it be forgotten and swept under the rug so soon, because it isn't at all good for the domain name industry as a whole - and clearly more should be done about it. Platforms that are used for … [Read more...]
Google “Adds” Additional Layer of Domain Validation Before Monetizing Websites
WEST PALM BEACH – Google AdSense, once the greatest and easiest way to immediately monetize your domain or website, has added an additional layer of validation to the game, by requiring your domain name be approved before allowing you to run ads on them. One of the greatest things about Google AdSense, was, that in the past you could slap your ad code scripts on any web page, and relevant - targeted ads would immediately appear, assigning each click on an ad, to a … [Read more...]