The Photon Research Team of Digital Shadows has published new research highlighting a popular dark web marketplace called BitBazaar that got called out for attempted manipulation of subscriber numbers on the popular dark web platform, Dread. 

The Black Lives Matter movement is spurring record-breaking fundraising online. In fact, the Minnesota Freedom Fund pulled in more than $30 million in donations alone following the death of George Floyd. The outpouring of financial support is great for these grassroots movements; however, large numbers like these often catch the eye of opportunistic scammers, unfortunately. While Black Lives Matter supporters are advocating on the street for a cause, scammers are capitalizing on their movement for their own gain.

The Cybersecurity and Infrastructure Security Agency (CISA) warns users to remain on alert for malicious cyber activity targeting potential disaster victims and charitable donors following a hurricane.

According to the Federal Trade Commission’s Report, from January 1st through April 15th, Americans have reported losing $13.44 million dollars to fraud and they’ve received 18,235 reports related to COVID-19. To avoid coronavirus scams, it’s crucial to understand and identify the red flags and behaviors of “fear scammers.”

TransUnion released its quarterly analysis of global online fraud trends, which found that the telecommunications, e-commerce and financial services industries have been increasingly impacted.

The Federal Bureau of Investigation (FBI) has posted a Public Service Announcement (PSA) noting that the Internet Crime Complaint Center (IC3) has seen an increase in reports of online extortion scams during the current "stay-at-home" orders due to the COVID-19 crisis.

Illinois Attorney General Kwame Raoul is alerting residents to a wave of COVID-19 scams occurring as a result of the coronavirus pandemic.

Amid the hysteria over coronavirus (COVID-19), many people know to seek out trusted third-parties for guidance in situations like these, such as the World Health Organization (WHO) or the Centers for Disease Control and Prevention (CDC). But lesser known is the fact that phishing scammers have started capitalizing on the wide-spread fear and uncertainty for their benefit by posing as these authoritative agencies.

As digital security through online portals continually improves and people become more wary of phishing emails, hackers have turned to old fashioned telephone calls to elicit key pieces of personal information they can use for profit. It takes little technical skill—just the ability to sound convincing to vulnerable people over the phone.