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2 stories in the last 30d

Copyright scammers get Instagram accounts suspended and demand payment

Scammers file fake Instagram copyright complaints to suspend accounts, then demand ransom via Telegram; Meta restored some affected accounts.

Criminals impersonate rights holders to file fraudulent copyright complaints on Instagram, and repeated claims can trigger temporary account suspensions. They then move victims to Telegram and demand payment, often in cryptocurrency, to withdraw the complaint; one history account owner paid $50 and was targeted again immediately. Meta's automated system does not verify complainants before acting, and the Delhi High Court is examining whether platforms can legally suspend accounts over copyright claims. Meta acknowledged in court that 13 strike notices against one user were fraudulent, and after BBC review it restored affected content and added unspecified protections.

Malwarebytes Labs · 7d agoPhishing & fraud in the wild

X says attackers are targeting user accounts after the launch of X Money

X is investigating a wave of unsolicited password reset emails targeting users after the X Money payments launch, with no confirmed breaches yet.

Numerous X users reported unsolicited password reset emails following the launch of X Money, the platform's new payments service with accounts held at FDIC-insured Cross River Bank. Product engineer Mridul Singhai said the company found no evidence of successful breaches or mass account takeovers, while the Grok chatbot confirmed attackers are mass-triggering resets using public usernames. Users are being advised to enable two-factor authentication and Password Reset Protect while the investigation continues.

TechCrunch · Security · 15d agoPhishing & fraud in the wild