The San Francisco based company said in a blog post Saturday that for up to eight of these accounts the attackers also downloaded the account;s information through the ;Your Twitter Data; tool.None of the eight were verified accounts, Twitter said, adding that it is contacting the owners of the affected accounts. "We 're embarrassed, we 're disappointed, and more than anything, we 're sorry. We know that we must work to regain your trust, and we will support all efforts to bring the perpetrators to justice, " Twitter said in the blog post.The July 17 attack broke into the Twitter accounts of world leaders, celebrities and tech moguls in one of the most high profile security breaches in recent years.The attackers sent out tweets from the accounts of the public figures, offering to send $2,000 for every $1,000 sent to an anonymous Bitcoin address.It highlighted a major flaw with the service millions of people have come to rely on as an essential communications tool.Allison Nixon, chief research officer at cybersecurity firm 221B said in an email Sunday that the people behind the attack appear to have come from the "OG " community, a group interested in original, short Twitter handles such as @a, @b or @c, for instance. "Based upon what we have seen,the motivation for the most recent Twitter attack is similar to previous incidents we have observed in the OG community - a combination of financial incentive, technical bragging rights, challenge, and disruption, " Nixon wrote. "The OG community is not known to be tied to any nation state. Rather they are a disorganized crime community with a basic skillset and are a loosely organized group of serial fraudsters. "While this attack did not appear go further than the Bitcoin ruse - at least for now - it raises questions about Twitter ''s ability to secure its service against election interference and misinformation ahead of the U.S. presidential election. "Entire markets and potentially elections may be manipulated or altered in this way, " Nixon said. "Victims of account takeovers generally do not know that the fraud has occurred, and generally cannot take security precautions to prevent it. "
As businesses migrate to online platforms to meet consumer demand during these times, having a secure network to protect organisation and customer data should be a part of the technology backbone. However, this new focus on going digital also attracts bad actors. With most of the workforce now working remotely and with the increased use of digital services by new customers and businesses, online fraud attacks have increased by 20 per cent during the ongoing pandemic. While this exposes vulnerability arising from the lack of a robust IT infrastructure, businesses must strive to strike the right balance between digitizing their businesses and managing fraud risk efficiently.As fraudsters attempt to exploit this window of opportunity, MSMEs need to reassess their risk strategy to combat cyber threats. Here are some of the important steps that can boost the risk health of a business and help MSMEs safeguard themselves against frauds while building a comprehensive fraud strategy:Invest in secure IT infrastructure: The global crisis has changed the way businesses function and has also led to a rising threat of cyber frauds and data breaches. With more customers moving to digital platforms and businesses increasingly using customer information and data, investing in robust IT infrastructure has become critical. Earlier, one of the biggest impediments for MSMEs to deploy complex IT infrastructure was the cost associated with it. However, in the digitally connected world and with SaaS (Software as a Service), MSMEs will find it easier to implement necessary and critical IT security policies to combat growing cyber frauds.Beware of phishing attacks: Fortinet s recent survey points out the increase in phishing attempts post the Covid 19 outbreak and websites claiming helpful information on the coronavirus have emerged as dominant threats. Phishing attacks can take many forms, with the most common being through emails. MSMEs can manage these threats by ensuring proper firewalls, allowing remote access only from known IP addresses, using the latest version of remote management applications and examining logs regularly for signs of unknown suspicious activity. Additional measures like maintaining compliance with all security controls and educating employees about potential threats and raising alerts can be effective in mitigating organizational risks.Enable contactless deliveries: Most businesses now offer contactless or low touch deliveries to protect their delivery partners and customers. While this is in line with the need to maintain social distancing and provide additional safety, it is also essential for quicker service when coupled with contactless forms of payment. However, this may lead to an increase in goods not received disputes for businesses. Hence, to reduce the possibility of disputes and chargebacks, MSMEs ensure that delivery partners take a photo as proof of delivery and thereby help defend against claims of goods not received. Order online, pickup in store: With strict directives on social distancing still necessary, MSMEs that have both online and offline operations should leverage this with an Order online, pick up in store delivery model. This model helps consumers avoid shipping fees and enables customers to pick up purchases in store as per their own schedules. However, the lack of information on the customer shipping address and a few parameters of payment data not being captured could be a collateral risk.Check shipping details: As contactless deliveries gain popularity, fraudsters have started manipulating the shipping address on the checkout pages to unoccupied houses or new buildings, allowing them to pick up packages that have been left outside. While it is not possible to check every shopper s address for validity, merchants should carefully check details in the shipping addresses that might be used to reroute packages.With Covid 19 likely to have a huge impact on MSMEs in the next few months, businesses need to realign to evolving customer needs and implement secured, risk free solutions that protect customers and partners. Secure IT and payments infrastructure will be the backbone for small businesses to operate better and eventually gain consumer trust in their platforms.Vipin Surelia is the Chief Risk Officer, India amp; South Asia at Visa. Views expressed are the author s own.
The tweet has also been retweeted by by the Central Board of Indirect Taxes amp; Customs (CBIC). The body is responsible for administering indirect taxes in India. The CBIC works under the aegis of Ministry of Finance.See Tweet Below:
A good portion of these users is not real, however. Fake profiles run rampant on sites such as Facebook, Twitter and YouTube, accounting for up to 25 percent of all new accounts, according to some estimates. The damage these fake profiles inflict is incalculable, resulting in billions of dollars lost or even altering the course of world politics. Social media networks will need to step up their digital authentication games if they want to bring these fraudsters to heel.How Fake Profiles Damage Social Media
The suspects have been identified as David, Williams Thomas, Leela and Thingareela. A senior police officer said that the suspects learnt that the victim wanted to do research in Canada and contacted him. They sent him a mail from firstname.lastname@example.org and email@example.com, claiming that they were from Exxon Mobil Research and offered him a job in their company in Canada.
Emily Morris had close to 600 stolen from her by fraudsters, only for the hearltess scammers to send her an apology card after.
Fraudsters targetting Android smartphones is a well known phenomenon and the recent one that got attention is a scam where hidden video ads drained the batteries of Android smartphone.
Aired on BBC One;s Inside Out on Monday (4), footage shows security allowing fraudsters to feed customers the right answers to the tests.An undercover reporter met with Masoud Abul Raza, the director of a learning academy in London which helps candidates to prepare for the test. However, instead of offering tuition, Raza told the reporter to pay 2,000 and then he could cheat the Life in The UK test.
Save the Children Foundation has revealed that the charity was targeted by fraudsters last year, leading to the loss of $1 million.
A whole new way to proactively deal with fraudsters
The accused managed to get remote access to computers used in the examination by setting up a parallel system at a private hospital adjacent to the exam center, said Jagbir Singh, SHO, Rohtak city police station. Here's more.
A warning has been issued to shoppers following the circulation of a scam on Whatsapp.Fraudsters have been luring people into parting with their personal details by promoting fake free gift cards and vouchers on the popular messaging app.
The WhatsApp supermarket scam is back and users are still being caught out, Action Fraud has warned. Last seen in November, the fraudsters send a message with a link and the promise of a free pound;250 gift card for either Sainsbury s , M amp;S, Tesco and Asda.
Fraudsters are luring Morrisons and Sainsbury's customers into parting with their personal details in a new WhatsApp scam. Consumer group Which? has issued a warning to shoppers over the bogus offers. The message tells unassuming customers that they could collect a free pound;150 voucher to spend in either Morrisons or Sainsbury s.
Some of these publishers, as the IE report details, have been running from a single room while they tempt researchers with lists of illustrious names as their committed editors. It is, thus, easy to see why many big names including the vice chancellors of BHU, JNU, professors from the Madras and Roorkee IITs, among others should also figure in the lists of researchers published in these dubious publications. The only jarring bit is that, even if one were to assume that all these researchers were unaware of the predatory nature of the publishers, why didn t they do a background check of the publications? Given almost all the editors contacted by IE have said that they were either unaware that the publisher listed them as editors or had never given their consent, the game would have been up right at the start.Getting published in a peer reviewed journal is a metric of the quality of a researcher 's work. Thus, many universities research organisations specify this as a condition for recruitment. However, in a poorly regulated space that is populated by so many recognised journals for instance, in the US, which produces a larger volume of credible research compared to India, the government run Education Information Resource Centre lists just 1,110 approved journals this incentivises fraudsters to game the system. This is not to say that the publication requirement for hiring and promotion in academics research be done away with. What is needed is the listing of predatory publishers without damaging the open access (but genuinely peer reviewed) publishing space. Else, India 's research output will never amount to much.
Air Peace and Omega Fire Ministry have dismissed a recorded voice message trending on Whatsapp and other social media channels warning members of the public of unpleasant consequences if they patronised some transport companies, including the carrier, on certain days. Apostle Suleiman A statement issued by Air Peace Corporate Communications Manager, Mr. Chris Iwarah said the voice message was the handiwork of fraudsters disguising as the renowned leader of Omega Fire Ministry to spread fear and demarket the airline.He confirmed that the airline contacted the church allegedly behind the recorded voice message and the latter dismissed the warning as a product of fraudsters and impostors seeking to deceive unsuspecting members of the public.
A scam which offers five free tickets to Alton Towers Resort has been circulating on WhatsApp.There are reports fraudsters are running the bogus promotion as the summer holidays approach.
Customers with package TV subscriptions are being hit by cold callers, police chiefs have warned.Fraudsters have offered discounts on TV packages to steal their bank account details.
As per a report by Bloomberg, a Twitter spokesman admitted that the company was aware of crypto related ”manipulation ”, and confirmed that steps were being taken to ”prevent these types of accounts from engaging with others in a deceptive manner. ”The cryptocurrency boom has led to multiple scams popping up on social media, and Twitter scams have been particularly rampant of late, with fraudsters taking advantage of multiple loopholes. At first, spammers would create accounts similar to original ones belonging to popular crypto personalities, such as Charlie Lee, Vitalik Buterin and John McAfee.