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BEC scams
Internet crime: The continuing rise of the BEC scam

Through its website, the FBI’s Internet Crime Complaint Center (IC3) accepts complaints about Internet-facilitated criminal activity, and forwards them to the …

laptop crime
Email scammers swindle US State Supreme Court judge out of $1 milion

If often happens to less prominent individuals, but this time it happened to a US State Supreme Court judge: scammers have managed trick her into wiring the money meant for …

Laptop
Email-borne threats: Watch your inbox closely on Thursdays

Malicious email attachment message volume spikes more than 38% on Thursdays over the average weekday volume. Ransomware attackers in particular favor sending malicious …

explode
Data breach activity reaches all-time high

With over 1,200 breaches and over 3.4 billion records exposed, 2017 is already on pace to be yet another “worst year on record” for data breach activity, according to Risk …

danger
Know your enemy: Defining the new taxonomy of malicious emails

Just as it is the default tool for most businesses, email’s capacity for rapid, mass communication has made it a favourite instrument of criminals. As a result, malicious …

alert
Most organizations were victims of business email compromise in 2016

Nearly three quarters of corporate treasury and finance professionals said their companies were victims of payments fraud last year, according to the Association for Financial …

Police
Lithuanian arrested for $100 million BEC scams

Criminal charges were announced against Evaldas Rimasauskas for orchestrating a fraudulent business email compromise (BEC) scheme that induced two U.S.-based Internet …

magnify
The West African cybercriminal ecosystem is unlike any other

While there is still not an actual underground marketplace, cybercrime is pervasive in the West African region. Specifically, scamming operations. The peculiarities of the …

gap
Scammers are blending W-2 phishing with wire fraud

During last year’s run-up to the US Tax Day, scammers mercilessly targeted companies’ payroll and human resources professionals, tricking them into handing over …

danger
Next year, attacks will differentiate to penetrate new vulnerable surfaces

The upcoming year will include an increased breadth and depth of attacks, with malicious threat actors differentiating their tactics to capitalize on the changing technology …

Nigeria
Nigerian scammers: Then and now

The image that the expression “Nigerian scammer” conjures up in most people’s heads is still that of the confidence man behind the keyboard, convincing …

criminal
Interpol arrests Nigerian scam mastermind who stole $60 million

The head of an international criminal network behind thousands of online frauds has been arrested in a joint operation by INTERPOL and the Nigerian Economic and Financial …

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