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Posts Tagged ‘financial gains’

Cybercriminals leverage the popularity of the Ice Bucket Challenge for financial gains by luring victims to malicious locations or by convincing them to shell out money for their cause. Email communication is the most prevalent method to steer users to malware, but calling the victim directly for donations has also been observed. USA Today reports […]

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Web vulnerabilities are not always necessary to abuse a system for financial gains. A Romanian ex-greyhat hacker turned security researcher, who goes by the nickname Tinkode, recently described a method to make money by exploiting loopholes in PayPal’s chargeback feature. Chargeback allows the reversal of a PayPal transaction and can be initiated by users in […]

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