Common Scams

Cybercriminals are constantly experimenting with new ways to take money from their victims. Their tactics evolve quickly to maximize returns and minimize risk. The emergence of cryptocurrency has opened up new opportunities to do just that. To better understand today’s threat landscape, it’s worth exploring the origins of cryptocurrencies and the progress cybercriminals have made in using it to advance their own interests. The FBI screen lockSource: @DavidSGingras on TwitterMany readers may remember the infamous FBI lock malware that would pop up and prevent users from using their computer at startup. The malware presented the (false) claim that the victim had downloaded copyrighted material illegally or had watched pornography.This was a common and successful scam that made millions globally by localizing the “official” police entity in order to legitimize the threat. The money it made was transferred via Ukash and MoneyPak, which were essentially gift cards available at local conveni