A new cyber fraud scheme called the 'pig butchering scam' targets vulnerable individuals by building trust and manipulating them into investing in fake opportunities. WhatsApp is the most-abused ...

Interpol calls on the cybersecurity community, law enforcement, and the media to stop using the term "Pig Butchering" when referring to online relationship and investment scams, as it ...

The Ministry of Home Affairs (MHA) has identified a new form of cyber fraud known as the “pig butchering scam”, involving large scale money laundering. Representational image) The new cyber ...

The term "pig butchering" has exploded in recent years to describe scams that prey on consumers and devastate their finances. But an international police agency warns the phrase also undermines ...

The rise of so-called pig butchering investment scams over the past few years largely caught the world unawares, capitalizing on conditions surrounding pandemic lockdowns and global economic ...

Pig Butchering a long-term crypto fraud scheme was named the biggest threat to crypto users in 2024 accounting for $3.6 billion in losses. According to a report by Cyvers, an industry-leading Web 3 ...

Sumit Pande explains the investment 'scams' where cyber-criminals swindle gullible investors by encouraging them to put their money in fabricated online trades often operated from abroad.

Often involving sophisticated social engineering tactics, pig butchering scams are long-term fraud schemes that thrive on emotional manipulation, fake credibility, and the promise of high returns ...

In 2024, “pig butchering” scams were the biggest danger to crypto users, costing $3.6 billion, according to Cyvers, a Web3 security company. The report indicates that there was a 40% annual rise in ...