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Mobile Scammers Focus on Brokerage Accounts in ‘Ramp and Dump’ Cashout Scheme

Mobile Scammers Focus on Brokerage Accounts in ‘Ramp and Dump’ Cashout Scheme

Cybercrime Groups Target Brokerage Customers Recent research indicates that cybercrime groups utilizing advanced phishing techniques are now focusing on brokerage customers. These groups, which use sophisticated phishing kits to funnel stolen card data into mobile wallets, are adapting their strategies as security measures on trading platforms restrict direct fund transfers. Instead, they manipulate foreign stock […]