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Amidst the 2024 Diwali celebrations, CloudSEK's Threat Research team has identified a surge in online scams and phishing attacks targeting Indian consumers. Scammers are leveraging the festive season’s online shopping boom to create fake e-commerce sites, job offers, and firecracker sales scams, impersonating well-known brands to deceive users. Victims are often lured with deep discounts and fake promotions, resulting in financial losses, identity theft, and privacy breaches. The report emphasizes vigilance and provides recommendations to avoid direct bank transfers, verify website authenticity, and share safety tips with loved ones to prevent further scams.
CloudSEK’s TRIAD team created this report based on an analysis of the increasing trend of cryptocurrency counterfeiting, in which tokens impersonate government organizations to provide some legitimacy to their “rug pull” scams. An example of this scam is covered in this report where threat actors have created a counterfeit token named “BRICS”. This token is aimed at exploiting the focus on the BRICS Summit held in Kazan, Russia, and the increased interest in investments and expansion of the BRICS government organization which comprises different countries (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates)
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The report "Beyond the Storefront: E-commerce and Retail Threat Insights" highlights the growing cyber threats to the e-commerce and retail sectors, including a surge in ransomware attacks, hacktivist activities, and data breaches. It emphasizes the need for enhanced security measures as these industries face increasing risks from financially motivated attacks and politically driven hacktivism.
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The report "MichaMichaBot: Unmasking the Threats Exploiting Missing 'X-Frame-Options' Headers" reveals how cybercriminals exploit this vulnerability to launch phishing attacks by embedding legitimate websites in iframes with fake login panels. It provides insights into these attack methods and practical strategies to secure digital assets against such threats.
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Our whitepaper, "Unveiling Maorrisbot: The Inner Workings of an Android Trojan Malware," explores the sophisticated methods and impacts of Maorrisbot malware, offering insights and strategies to protect your devices. Download it to learn how to safeguard against this significant Android threat.
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Fraudsters exploit social media to lure investors into fake investment groups, impersonating financial experts & promising high returns. This report exposes their tactics targeting India & global countries.
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