Hacker attacks in the cryptocurrency sector not only continue but are also on the rise, further hurting the beleaguered industry that has seen its market capitalization drop by more than 50% this year. In particular, the hacker loot in the first seven months of 2022 amounted to $1.9 billion, up 60% compared to the corresponding […]
Tag: e-scams
Chainalysis: Cryptocurrency Hacker Rush Soars In Seven Months – $1.9B Lost
Hacker attacks in the cryptocurrency sector not only continue but are also on the rise, further hurting the beleaguered industry that has seen its market capitalization drop by more than 50% this year. In particular, the hacker loot in the first seven months of 2022 amounted to $1.9 billion, up 60% compared to the corresponding […]
E-fraud in Greece is three times higher than in the EU
By Leonidas Stergiou The European Banking Authority (EBA) analyzed e-commerce fraud in the second half of 2020 to assess the new security measures and the effectiveness of the PSD2 Directive, at a time of high growth in online and remote transactions due to the pandemic. The aim is to identify weaknesses, identify patterns of fraud […]
Christmas anti-Christmas bank campaign
By Leonidas Stergiou A wide-ranging meeting with the participation of the banks, the Bank of Greece and the competent ministries and law enforcement authorities was held yesterday in order to decide on a joint information campaign against e-fraud in view of the festive season. From the data analyzed, most of the purchases are going to […]
Bankers meeting Monday on cyber fraud
By Leonidas Stergiou The increase of card fraud cases by 50% and electronic payments by almost 300% since the beginning of the pandemic has activated the competent authorities and the banks, which are launching a new consumer information campaign. On Monday, a large meeting is scheduled with the participation of banks, the Bank of Greece […]
Investor persuaded to buy fake Airbnb shares for $ 1 million
By Thomas Brewster Some scams are extremely complicated, requiring months of research to bypass business security mechanisms and find the right bank account to bleed. Other times, all you need is a persuasive phone call, a tempting offer and a little perseverance. A court document unsealed over the weekend revealed that in October 2017, a […]