Tag: voice phishing
Cybercrime recruitment drive targets English-speaking teens
The most in-demand skill on cybercrime recruiting sites is English-speaking social engineering. According to cybersecurity company Reliaquest, job posts more than doubling from 2024 to 2025, with recruiters accounting for 87 percent of these postings, indicating strong demand.
$1bn Korean bust is tip of SE Asian cybercrime iceberg
Authorities in Korea and Beijing dismantled a sprawling voice phishing syndicate responsible for financial losses totaling US$ 1.1 billion. But South-East Asian observers believe this to be only the tip of an impenetrable iceberg of cybercrime in South-East Asia that is rapidly starting spread around the globe. The Korean bust was part of an Interpol-co-ordinated global operation involving law enforcement from 40 countries, territories, and regions and has ended with the arrest of over 5,500 financial crime suspects and the seizure of more than US$400 million in virtual assets and government-backed currencies.