Cryptocurrencies have surged in popularity in recent years, with many people eager to get in on the action. While this can be a great opportunity for investors, it also leaves room for scammers to take advantage of unsuspecting victims. One such scam is known as a “non-fungible token” scam, and it has been on the …
NFT Scams on the Rise in Europe: How to Protect Yourself Read More »
A so-called Cryptocurrency Trading Academy called IM Academy has been revealed as a scam by Spanish authorities. The fake Academy that operates like a pyramid scheme was found to be conning young people into believing that they would learn how to make money trading cryptocurrencies. Investigators described the academy as being like a cult, with …
Alarm as IM Academy turns out to be a Pyramid Scheme Read More »
After a phishing attack on crypto wallets, MetaMask issued a warning to all those who are using iCloud to back up their data on the internet. Your data is at risk if you are using an Apple device unless you disable the automatic backup option from the settings section manually. According to the data, only …
MetaMask Issues Phishing Attack Warning to iCloud Users Read More »
The cryptocurrency travel rule, a proposed expansion of the Travel Rule, is a set of requirements that Virtual Asset Service Providers (VASPs) must adhere to in order to maintain compliance with Financial Action Task Force (FATF) recommendations. The FATF is the global intergovernmental money laundering and terrorist financing watchdog. This rule demands that VASPs take …
The Cryptocurrency Travel Rule: Everything You Need to Know Read More »
Councils in Britain have issued a warning for Britons to be wary of council tax rebate scammers. In an attempt to take advantage of the government’s recent announcement on £150 council tax rebates, scammers have started cold calling households across the UK asking for their bank details. But the Local Government Association warns that these …
Council Tax Rebate Scams – Britons Warned Against Council Tax Rebate Scammers Read More »
A rise in Instagram impersonation scams is hitting young people in the UK. It’s important to learn how to avoid being a victim and how to change your passwords. You should also be aware of cloned Instagram accounts and paid subscription scams. You should never provide your credit card details to anyone, even if they …
Rise in Instagram Impersonation Scams Targeting UK Youth Read More »
The Australian Competition and Consumer Commission (ACCC) is warning citizens about the rise of money recovery scams, where scammers promise to help their victims recover their losses after they pay a fee in advance. ACCC figures show that Australians lost over $270,000 through money recovery scams in the first quarter of 2022 – an increase …
Deepfake or synthetic media is now threatening businesses, individuals, and governments. Simply put, deepfake is the use of deep learning artificial intelligence to replace the likeness of one individual with another in a digital media item like video, image, voice etc. Deepfakes synthesizes photos, videos, and images of people. Scammers are now taking advantage of …
Be Careful: Scammers Taking Advantage of Deepfake Technology Read More »
In our continued effort to help protect our customers against online scams and fraudulent websites, we are excited to announce that we have partnered with Scam Detector. Scam Detector Scam Detector’s advanced algorithm pulls data from different sources to accurately assess websites for potential threats. Scam Detector checks for contact details, IP addresses, URL details, …
Scam Detector – the world’s #1 fraud prevention platform Read More »
There are hundreds of thousands of NHS Test and Trace scams running on the internet – the latest being a fake ‘Omicron’ message which asks people to book a PCR test without paying. The NHS never asks for payment for these tests. This is a common scam that allows conmen to steal bank card details …
Watch Out For Imposters Riding on NHS Test and Trace To Scam UK Citizens Read More »
