Gift card scams continue to be one of the most frequently-reported scams to the Federal Trade Commission (FTC). According to its recent Scam Alert entitled Scammers are tricking more people into buying gift cards, “40,000 people reported losing a whopping $148 million in gift cards to scammers during the first nine months of 2021.”
SMS
Phishing, Vishing, and Smishing—Your Employees Need to Know the Newest Schemes
By Linn Foster Freedman on
Posted in New + Now
New dictionary words have been formed to describe online scams. Phishing, one that everyone knows by now, is when a scammer uses a pretext in an email to get someone to click on a link or attachment in the email to deploy malicious malware and ransomware.
Social engineering is when criminals conduct online search of…
NIST Recommends against SMS as Second Authentication Factor
By Richard Borden on
Posted in Cybersecurity
On July 29, Paul Grassi, the Senior Standards and Technology Advisor at the National Institute of Standards and Technology (NIST) posted an unusual blog regarding the new draft NIST Special Publication 800-63-3: Digital Authentication Guideline. The main issue that has created significant commentary by the press and businesses is NIST’s “deprecation” of using SMS…