A new warning has come from the US Federal Trade Commission (FTC) regarding a pointed surge in social media fraud, with reported consumer losses exceeding $2.1 billion in 2025. Representing an eightfold increase since 2020, malicious actors actively leveraged platforms like Facebook, Instagram, and WhatsApp to exploit nearly 30% of all fraud victims last year. Remarkably, individuals reported losing significantly more money to Facebook-originated schemes than to traditional text and email camp
financial fraud (3)
A new report from security researchers details the activities of ‘Jingle Thief’, a financially motivated threat group that operates almost entirely in cloud environments to conduct large-scale gift card fraud. Active since at least 2021, the group targets retail and consumer services organizations through phishing and smishing campaigns designed to steal Microsoft 365 credentials.[1]
Once inside, the attackers exploit cloud-based infrastructure to impersonate legitimate users, gain unauthorized
A widespread phishing campaign has been observed leveraging bogus PDF documents hosted on the Webflow content delivery network (CDN) to steal credit card information and commit financial fraud. "The attacker targets victims searching for documents on search engines, resulting in access to malicious PDF that contains a CAPTCHA image embedded with a phishing link, leading them to provide sensitive information," Netskope Threat Labs researcher Jan Michael Alcantara said. The activity, which has bee
