scams
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McAfee’s predictions for 2025 highlight emerging threats that consumers may encounter as cybercriminals exploit advanced AI technology. From hyper-realistic deepfakes and live video scams to AI-driven phishing, smishing, and malware attacks, these predictions reveal how cybercriminals are using AI-powered tools to craft increasingly sophisticated and personalized cyber scams. “As AI continues to mature and become…
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Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto…
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A six-count indictment was unsealed on Friday in Los Angeles charging two California men with defrauding investors of more than $22 million in cryptocurrency through a series of digital asset project “rug pulls,” a type of fraud scheme in which the creator of a nonfungible token (NFT) or other digital asset project solicits funds from…