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fraudsters

Beware of fake ChatGPT apps! Fraudsters raking in massive sums of money

ChatGPT has seen a meteoric rise since its launch in November 2022. It soon became the fastest-growing app of all time by reaching 100 million users in just 2 months, a feat that took even TikTok 9 months to achieve. But this accomplishment has also led to fake apps emerging with the promise of offering ChatGPT services to users but instead installing malware onto devices and infecting them with data or money-stealing malware. Since OpenAI does not have any standalone ChatGPT app for mobile devices, users can easily…

Wood’s unique “chemical fingerprint” could thwart timber fraudsters

Even though logging is prohibited in many of the world's threatened forests, that doesn't stop some companies from logging in those areas anyways, then lying about the origins of the timber. Soon, however, such groups may be foiled by the wood's chemical fingerprint.One of things that makes timber fraud particularly difficult to verify is the fact that the wood will often pass through several countries before being sold. In other words, even though the seller may be located in a country where logging is permitted, the…

Cloning Nigerian banks’ social media accounts, internet fraudsters fleece unsuspecting customers

Social media represents different things to different people. For some, it is a civic space to exercise freedom of expression, while for others, it is the best place for networking, connecting with colleagues on the other side and socialising with friends. However, for some individuals, social media is a platform to engage in illicit transactions, including posing as reps of different Nigerian banks to defraud customers desperately in need of assistants. Mbeka Tony, a Rivers State resident, fell into the hands…

FBI warns Apple iPhone and Android phone users, fraudsters may empty your bank account

Apple iPhones and Android smartphones battery life usually lasts for a day on single charge after mixed usage. Smartphone users now rarely carry charging cables but as most of us are dependent on these devices for our day to day tasks, sometimes we do have to rush to find a place to recharge our phones. Although a person only charges their smartphone at a random charging station when there is an emergency, fraudsters can use this to install malware on your device. To avoid such a situation, the Federal Bureau of…

Gurugram: Company duped of ₹35 lakh after fraudsters tamper with payment gateway

Some unidentified fraudsters allegedly duped a company of ₹35 lakh by apparently tampering with its online payment gateway system, police said on Saturday.Ankit Rawat, the national head of operations at Parviom Technologies Pvt. Ltd., in his complaint said that his company uses the payment gateway services of Cashfree, which was breached resulting in 35 UPI transactions after getting unauthorised access to the systems through its dashboard. “Through the fraudulent transactions a total of around ₹35 lakh were…

Fraudsters hit LinkedIn with recruitment scam wave amid tech layoffs

Professional networking major LinkedIn has been hit by several state-of-the-art recruitment scams after massive tech layoffs, and fraudsters are cheating those sacked by offering them jobs that do not exist.According to the Financial Times, phony recruitments are being run by scammers pretending to be employers on Microsoft-owned LinkedIn."There's certainly an increase in the sophistication of the attacks and the cleverness," Oscar Rodriguez, LinkedIn's vice president of product management, was quoted as saying in the…

Fraudsters are using machine learning to help write scam emails in different languages

Image: Getty/BongkarnThanyakijBusiness Email Compromise (BEC) gangs are making their payment fraud scams even more effective by using translation tools and machine learning to convincingly distribute emails in multiple languages. BEC attacks are some of the most effective and financially damaging cyber attacks, with the FBI estimating that they have cost businesses a combined total of over $43 billion in recent years. For cyber criminals, they're a relatively simple but effective means of making money; the only

Sharper review – classy cast lead delectable caper about fraudsters and the super-rich | Film

Movies about confidence-trickery put a new spin on the old rule about playing poker: look around the table and if you can’t see the chump … then it’s you. Watch a film about swindlers and you may well think you can see the person who’s being conned. But the film’s entire narrative procedure, and its pleasure, relies on you, the audience, repeatedly submitting to being played, while in theory you are the one with the wised-up crook’s-eye-view of what is going on.Screenwriters Brian Gatewood and Alessandro Tanaka have had…