News with the tag "Phishing scams"

The FTC reports a 362% surge in imposter scam losses among seniors since 2020, with fraudsters often posing as government agencies to steal life savings, while crypto scams also contribute significantly to financial losses.

Hackers are exploiting older YouTube accounts to promote crypto drain scams, using AI-generated videos and fake testimonials to steal significant amounts of cryptocurrency from victims.

A cryptocurrency investor lost $3.05 million in a phishing scam, highlighting the ongoing risks of crypto-related fraud, with phishing scams being the most damaging attack vector in the crypto ecosystem.