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Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Zelle, Venmo and More: A Small Business Guide to Secure P2P Payments

The convenience of P2P platforms (Zelle, Venmo, Cash App, PayPal) is attracting small businesses for both formal and informal client invoice payments and contractor reimbursements, offering swift and affordable transactions. However, for larger invoices, businesses often prioritize the superior fraud protection and audit trails offered by ACH and ...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Beware the Tax Scammers: 12 Ways They'll Try to Steal Your Refund

As tax season approaches in 2025, it's crucial for US citizens to be aware of the increasingly sophisticated scams targeting taxpayers. Fraudsters are constantly refining their tactics, using advanced technologies and exploiting current events to deceive unsuspecting individuals. This article will explore the 12 biggest tax scams to watch out for ...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Most Security Awareness Training is Insufficient and Should Lead to Consequences

Maybe company executives who don’t engage in real world security awareness training should suffer the consequences for their insufficiency. An excellent Help Net Security article is titled “What CISOs need to keep CEOs (and themselves) out of jail” discusses many of the fundamentals of cyber security, what security leaders should be doing, but ar...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

AI Spoofed Sites Lead to $50 Million Investment Scams

A long-running and large-scale internet-based fraud scheme netted around $50 million from dozens of investors over an eight-year period. The perpetrators created 150 fake sites that targeted investors. These sites would tell the investors that they had multiple investment opportunities that they should take. According to the court documents, these...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

YOU WILL Get Suckered By An AI-enabled Deep Fake

Why? Because human beings trust by default. Without trust, we wouldn’t survive as a species. From the day we come out of our mama, we simply want and need to trust others in order to survive. And when you mix media in any form, media that we have grown to trust over a lifetime, and then weave in financial fraud, the likelihood of someone, somewher...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

The ‘Zelle Fraud’ Scam: What it Is and How to Avoid it

Zelle is one of the most famous platforms to quickly send money to loved ones, friends, and family. However, now cybercriminals are taking advantage of it to get people’s account information. Using clever tactics to fool clients, fraudsters are now taking advantage of the existence of Zelle to get customers to give them their account information. O...

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Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Are You a Hard Target for Cyber Criminals? You Must Be

Cyber criminals hate a hard target. In the language of security, a "hard target" is someone difficult to hack, while a "soft target" is someone who is especially vulnerable. Put yourself in a criminal's shoes: Which home would you attempt to rob: the one with the back door open or the one with the spotlights and a burglar alarm?...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Cybersecurity Awareness Month: 5 Simple Ways to Boost Your Security

October 2023 marks the 20th annual observation of Cybersecurity Awareness Month, an annual declaration from the U.S. Congress and the White House intended to remind individuals and business owners of the importance of cyber security. The month exists to acknowledge that all of us can, and should, do more to stay safe online and to protect our busi...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

Social Engineering Eyed in High-Profile Casino Attacks

Social engineering may be behind two high-profile attacks on casino operators Ceasar's and MGM. In an 8-K filing with the Securities and Exchange Commission, Ceasar's Entertainment reported "a social engineering attack on an outsourced IT support vendor used by the Company." Hackers were able to steal data from the Ceasar's loyalty datab...

Robert Siciliano

Robert Siciliano Security Analyst at Safr.me

The Number of Fake Accounts is on the Rise as Scammers Turn To Virtual Phone Farms

The verification stage required for opening new online accounts is usually the one thing internet users dread the most. It can be a pain in the neck, and most people would rather forget the process altogether. However, the reason why many sites force their users to verify their identity is to safeguard their details and for the safety of all legit...

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