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A week in security (October 10 – 16)

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The most important and interesting computer security stories from the last week.

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The post A week in security (October 10 – 16) appeared first on Malwarebytes Labs.

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IndependentKrebs

Massive Losses Define Epidemic of ‘Pig Butchering’

Credit to Author: BrianKrebs| Date: Thu, 21 Jul 2022 16:35:28 +0000

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.

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