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  • Fraudsters target Apple Pay in credit card scams

    lkrupp said:
    As always the weakest link in security is between the ears of the idiots who gladly hand over their credentials to anyone who calls them with an offer too good to be true. And there’s no patch for stupid.
    These automated scams are getting really sophisticated though. Here is one that ALMOST got me.

    Caller ID displayed the name and phone number of my actual bank (which I googled).

    Automated message in perfect English:
    "We recently got a purchase request which we blocked the transaction. If you made this purchase, please press 1. If you didn't make this purchase press 2."

    Then when you hit a number (which I selected #2):
    "Thank you, please enter you ATM card number for verification"

    It keep repeating the message to enter the card number. This is where I was like wait a minute and hung up. The automated call kept calling back every minute for the next hour.

     I called my bank to make sure there weren't any transactions attempts and they said no, so I notified them of the scam.

    A week later, I get another call from a different bank (which I don't have) called me and had the same message (I let it go to voice mail).
    I can see how that would get a lot of people - I would be willing to bet the conversion rate on that is > 30%

    We have to enter our card numbers all the time over the phone - we're basically trained to do it (by the banks). 
  • Hacker returns all $610M of stolen Poly Network crypto

    .. or maybe their plan was from the beginning to return the funds. It happens in crypto. 

    600M were taken and yes it's not that easy to money-launder that, but some of the coins were wrapped ETH and BTC and absolutely hackers who wanted to keep those could, and nobody would stop them.

    It's all possible and it's been done in previous hacks where hackers kept the funds.

    Admittedly a hacker would be stupid to keep 600M worth but they could be distributing the hoard to tens of thousands of lucky winners including themselves or other shenanigans like that, chances are they could easily keep a few Million of that if they wanted to.