Fraudsters Use Robocall Bots to Steal Crypto Investors’ 2FA Codes

Posted by & filed under Fraud.

Source: CNBC Date: February 28th, 2022 Link: https://www.cnbc.com/2022/02/15/crypto-fraudsters-use-robocalls-to-drain-accounts.html Discussion Is this issue here really the robocall, or the fact that someone gave out their secret 2FA code over the phone? Why did the robocalls make a difference here?

Beat the Cheats

Posted by & filed under Cyber Security, Fraud, NFC/Near-Field Communication.

U.S. CREDIT CARD fraud topped $8 billion in 2015 and should surpass $12 billion next year. You can reduce your exposure to such incidents with a few simple steps. Why bother? Won’t the bank pick up the tab when unauthorized purchases show up on your account? Generally, yes, thanks to the Fair Credit Billing Act and the Electronic… Read more »

Hackers hit San Francisco transport systems

Posted by & filed under Bitcoin, Cyber Security, Fraud, IT Security.

San Francisco’s transport agency has been hit by a hack attack that led to customers being able to travel for nothing. The hackers have made a ransom demand of 100 Bitcoin, which amounts to about $70,000 (£56,000 ; €66,000).  As a precaution, staff shut off all ticketing machines on the network. Source: BBC Technology News Date: November 29th,… Read more »

“No, the presidential election can’t be hacked”

Posted by & filed under Cyber Security, Ethical issues, Fraud, IT and Politics, IT Security.

The Obama administration is accusing Russia of hacking US political organizations. States are reporting attempts — in one case successful — to breach voter registration databases. And the final days of the campaign are dominated by talk of whether the race is “rigged.” Source: CNN Date: October 27th, 2016 Link: http://www.cnn.com/2016/10/19/politics/election-day-russia-hacking-explained/index.html Discussion 1) “Nobody is going to be able to change the outcome of… Read more »

Thailand’s students reveal their vice — cheating by device

Posted by & filed under Competitive Advantage, Cyber Security, Ethical issues, Fraud.

  This is a confiscated smartwatch showing a student’s math data.  In Thailand, being brought up to be polite, tolerant, and respectful hasn’t prevented rampant cheating on university entrance exams, now aided by embedded cameras, smartwatches and all other manner of high tech gear. Source: Toronto Star Date: September 1st, 2016 Link: https://www.thestar.com/business/tech_news/2016/05/11/thailands-students-reveal-their-vice-cheating-by-device.html 1) How might you prevent… Read more »

Counter-counter-hacking

Posted by & filed under Business Intelligence, Civil Liberties, Competitive Advantage, Cyber Security, Ethical issues, Fraud, IT Security.

  The whistleblower Edward Snowden believes Russia is behind a leak of malware allegedly belonging to the US National Security Agency (NSA).  Hackers calling themselves Shadow Brokers started an auction for the malware last week.  The malware is used by the NSA to attack or counter-attack in cyberspace. Source: BBC Technology Date: August 17th, 2016 Link: http://www.bbc.com/news/technology-37104745 Discussion… Read more »

Help! My building has been hacked

Posted by & filed under Cyber Security, DoS/Denial of Service, Electronic Surveillance, Ethical issues, Fraud.

Two cybersecurity experts hacked into its Wharf 7 office in Sydney, Australia, through Google’s building management system (BMS).  “Once you understand how the systems work, it is very simple.”  The vulnerable systems were found on Shodan, a search engine that lists devices connected to the internet. Source: BBC Technology Date: April 28th, 2016 Link: http://www.bbc.com/news/technology-35746649 Discussion 1) If… Read more »