Cybercriminals are exploiting vulnerable individuals by transforming them into unwitting money mules through a sophisticated fraud known as the ‘rent-a-bank-account’ scam. This scam involves fraudsters enticing people, often those in financial distress, with promises of quick cash in exchange for temporarily “lending” their bank accounts for transactions. Luring Victims with Promises of Easy Money A […]

The post Cybercriminals Are Turning Ordinary Citizens Into Money Mules in a New ‘Rent-a-Bank-Account’ Scam appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

Article URL: https://gbhackers.com/cybercriminals-are-turning-ordinary-citizens/

Threat actors continue to develop and leverage various techniques that aim to compromise cloud identities. Despite advancements in protections like multifactor authentication (MFA) and passwordless solutions, social engineering remains a key aspect of phishing attacks. Implementing phishing-resistant solutions, like passkeys, can improve security against these evolving threats.

The post Defending against evolving identity attack techniques appeared first on Microsoft Security Blog.

Article URL: https://www.microsoft.com/en-us/security/blog/2025/05/29/defending-against-evolving-identity-attack-techniques/