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Hotel Booking Scam & Identity Hijacking

Cybercrime Rundown - 2/5

Good morning! I’ve got a few items this week, id like to shine a light on

So here we go..

Hotel Booking Scam

Travelers worldwide are facing sophisticated scams, with staggering losses totaling billions of dollars, as reported by the Federal Trade Commission. From fake accommodations to deceptive "free vacation" offers, travelers encounter a myriad of cons, highlighting pervasive vulnerabilities in the industry. Even reputable platforms like Booking.com are under siege, with hackers employing phishing tactics to target individual hotels and pilfer guest data, posing significant challenges for both consumers and the hospitality sector.

In an intriguing turn of events, a traveler recently found herself caught in a scam while dealing with a hotel reservation in Turkey. She received an urgent message from the hotel, insisting she confirm her payment details or risk losing her booking altogether. Falling for the bait, she clicked through, inputting her card information, only to hit a dead end. An actual employee of the hotel later revealed that their system had fallen victim to cyber intruders, meaning her previous chats with 'staff' were all fake. However, the drama didn't end there. The hackers used her card to book $25,000 worth of hotel rooms, where then attempt to then request a refund

Former CIA Agent Sentenced to 40 Years in Prison

Former CIA officer Joshua Adam Schulte has been handed a 40-year prison sentence for what officials are calling some of the most egregious acts of espionage in American history. Schulte, 35, worked as a software developer in the Center for Cyber Intelligence at the CIA from 2012 to 2016. During his tenure, Schulte allegedly engaged in espionage, computer hacking, and made false statements to the FBI, severely compromising U.S. national security and endangering CIA personnel.

Assistant Attorney General Matthew G. Olsen of the Justice Department’s National Security Division condemned Schulte's actions, stating that he had betrayed his country and put lives at risk through his relentless pursuit of revenge against the CIA. U.S. Attorney Damian Williams for the Southern District of New York echoed these sentiments, highlighting the untold damage inflicted upon national security as a result of Schulte's security breaches. Even after his arrest, Schulte continued his efforts, attempting to cause further harm by waging what he described as an 'information war' from behind bars, utilizing contraband cell phones to create anonymous, encrypted communication channels. He sent classified information to a reporter, breaching national security protocols and further exacerbating his legal troubles. Schulte was convicted of contempt of court, making false statements, illegal transmission of national defense information, unauthorized access to classified information, and possession of child pornography, among other charges, painting a damning picture of his actions and their consequences.

Identity Hijacking

The past year has witnessed a surge in AI-generated deepfake fraud, spanning various forms and intentions, from extorting money from unsuspecting individuals to mocking artists and humiliating celebrities en masse. Recently, scammers armed with AI-generated deepfake technology orchestrated a staggering $25 million heist from a multinational corporation in Hong Kong, exploiting the unsuspecting actions of a finance worker who transferred funds following a video conference with entirely fabricated senior officers. This incident underscores the ease with which deepfake technology can be weaponized to deceive and defraud, posing significant challenges to security and trust in the digital realm. As deepfake capabilities continue to evolve, experts warn of a looming crisis of identity hijacking, where digital likenesses are manipulated and misused for fraudulent purposes. The urgency to develop robust authentication measures and legislative frameworks to combat deepfake fraud has never been more pressing.

That’s this weeks rundown!

Later this week, we’re continuing our discussion on anonymity, and diving deeper into the Onion Tor Network. So look out for our next email &..

…Don't Get Got!

P.S. Your experiences matter. If you've encountered a scam or hack and have insights to share, we invite you to connect with us. Let's build a community that stands against cyber threats.