Cybercriminals are using a ‘rent-a-bank-account’ scam to convert vulnerable individuals into inadvertent money mules. They entice people, especially those economically distressed, to temporarily lend their bank accounts for transactions in exchange for quick cash, later using these accounts to route illicit funds. These scams, aside from posing financial threats, are also a national security concern. Experts advise improved public awareness, better Know Your Customer procedures, and greater cooperation between banks and law enforcement to tackle the issue.
Microsoft Reveals Techniques To Defending Against Advancing AiTM Attacks
Microsoft’s recent research highlights advanced strategies against Adversary-in-the-Middle (AiTM) attacks, which exploit credential theft in cloud environments. Utilizing proxy servers, these attacks bypass traditional security
