Latest News

12/02/2022

Group Home Owners Sentenced in $1 Million Medicare Fraud Scheme

The United States Department of Justice

A Texas married couple was sentenced today for a $1 million Medicare fraud scheme, including violations of the federal Anti-Kickback Statute.

Details >
12/02/2022

ConnectWise Quietly Patches Flaw That Helps Phishers

Krebs on Security

ConnectWise, which offers a self-hosted, remote desktop software application that is widely used by Managed Service Providers (MSPs), is warning about an unusually sophisticated phishing attack that can let attackers take remote control over user systems when recipients click the included link.

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12/02/2022

Potential Zelle solution for scammed P2P customers

Consumer Finance Monitor

The Wall Street Journal has reported that the seven large banks that own Zelle are discussing possible approaches to fraudulent transactions on the Zelle network.

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12/02/2022

Cybersecurity predictions for 2023.

The Cyber Wire

It's the last month of 2022, and so we’ve rounded up expert predictions and commentary on the trends the cybersecurity sector may expect next year. Sit back and enjoy the long read.

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12/02/2022

Two charged with Identity Theft after stealing over $1 million from USAA customers

Fox 29

SHREVEPORT, La. – Two people have been arrested for fraud after stealing more than $1 million from those who served in the U.S. Armed Forces.

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12/02/2022

White House says an anticipated executive order on identity theft is coming, here’s what experts want in it

FWC

Although stakeholders have big wish lists for the anticipated proposal, few details are known about what the White House expects to include.

Details >
12/02/2022

Thousands of dollars worth of checks written by Madeira church stolen from USPS blue boxes

Fox 19

MADEIRA, Ohio (WXIX) - Mail fraud and check fraud have hit a local church, according to the senior warden of Holy Trinity Episcopal Church.

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12/02/2022

Suspected bank robber barricaded in Greenwood Village hotel room surrenders to police

Denver Post

Police said the suspect surrendered peacefully after about 3.5 hours of negotiation

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12/02/2022

Bank robbery suspect who stole Uber vehicle arrested in Minnesota, police say

We Are Iowa

22-year-old Javier Rafael Camacho-Cepeda of Bradenton, Fla. was stopped and arrested in Lake County, Minn., after robbing a bank and stealing an Uber in Des Moines.

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12/02/2022

Suspected bank robber arrested near Gooseberry Falls

Duluth News Tribune

LAKE COUNTY — An armed bank robbery suspect was arrested while driving a stolen car on Minnesota Highway 61 near Gooseberry Falls State Park on Wednesday evening, authorities said.

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11/30/2022

Operation Elaborate - UK police text 70,000 suspected victims of iSpoof bank fraudsters

Tripwire

UK police are texting 70,000 people who they believe have fallen victim to a worldwide scam that saw fraudsters steal at least £50 million from bank accounts.

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11/30/2022

Mail Theft Leads to Check Fraud

AARP

Scams aren’t always high tech – some of the most common are about as old fashioned as they come. In 2021 there were 33,000 reports of incidents involving mail carrier robberies and mail theft, up from 24,000 in 2019, according to the US Postal Inspectors (USPIS).

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11/30/2022

BlockFi Looks to Recoup $680M Lost in FTX Collapse

PYMNTS.com

BlockFi reportedly will try to collect $680 million from Alameda Research.

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11/30/2022

U.S. Govt. Apps Bundled Russian Code With Ties to Mobile Malware Developer

Krebs on Security

A recent scoop by Reuters revealed that mobile apps for the U.S. Army and the Centers for Disease Control and Prevention (CDC) were integrating software that sends visitor data to a Russian company called Pushwoosh, which claims to be based in the United States

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11/29/2022

Why Fraudsters Are Big Fans of Real-Time Payments

PYMNTS.com

Real-time data. Online social networks. Real-time payments. For the fraudsters, it’s all a match made in heaven.

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11/29/2022

Report: Account takeover attacks spike – fraudsters take aim at fintech and crypto

Venture Beat

Sift’s latest Digital Trust & Safety Index – based on its global network of more than 34,000 sites and apps and a survey of over 1,000 consumers – details the rapid rise and evolution of account takeover (ATO) attacks.

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11/28/2022

A New Report Reveals Zelle Facilitated 'Rampant Fraud.' Here's How Consumers Have Been Impacted

The Ascent A Motley Fool Service

If you regularly use Zelle to send or receive money, you may want to rethink the practice, at least for now.

Details >
11/28/2022

Trackdown: Help find suspect who robbed 16-year-old at gunpoint at Fort Worth ATM

Fox 4 News

FORT WORTH, Texas - In this week's Trackdown, Fort Worth police are investigating a robbery at an ATM near the TCU campus.

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11/28/2022

What SMBs Need to Know About Accepting Crypto

PYMNTS.com

Back in October — in what seems a lifetime ago in the cryptocurrency world — PYMNTS and BitPay’s “Shopping With Cryptocurrency” study found that “tech-driven” consumers, representing roughly 15% of all consumers and 22% of past or present cryptocurrency holders, are the most likely to transact with it.

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11/27/2022

Illinois man robbed two banks while on court-supervised release for two other bank heists

Fox News

Demontrion Deshan Phillips was on court-ordered supervised release for two 2017 bank robberies when he robbed two other banks

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11/27/2022

Online retailers should prepare for a holiday season spike in bot-operated attacks

CSO Online

On the naughty list this year are a host of bad actors employing a huge variety of different bot attacks that can have a big impact on retail websites. Fortunately, there are steps cybersecurity professionals can take to mitigate the risk from these cyber Grinches.

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11/27/2022

Black Friday scammers are after your credit card details

Cybernews

Fraudsters capitalize on the uptick in online shopping. Web threats, such as payment card skimming attacks against e-commerce stores, become much more prevalent this time of year.

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11/27/2022

Fraud investigators warn of ‘deposit fraud’ increase for young adults

NBC 15

MADISON, Wis. (WMTV) - People 30 and younger are increasingly susceptible to deposit fraud. Experts say college students are particularly vulnerable.

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11/27/2022

Straight Talk: Watch for scam posts in Facebook buy-and-sell groups

CantonRep.com

BBB is warning Facebook users that sharing a certain kind of attention-grabbing post might put their friends at risk of falling victim to a scam.

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11/23/2022

FIM & SCM: How they work together

Tripwire.com

IT environments in businesses are often volatile.

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11/23/2022

Missouri man writes demand note on birth certificate while robbing bank

New York Post

A Missouri man robbed a bank using a demand note written on the back of his own birth certificate — while he was also wearing an ankle monitor related to an earlier offense.

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11/23/2022

Feds offer $50,000 reward for information leading to arrest of mail master key thief in Broward

Local 10

TAMARAC, Fla. – The U.S Postal Inspection Service is offering a $50,000 reward for information leading to an arrest in the case of a recent theft in Broward County.

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11/23/2022

Supreme Court to Consider Identity Theft Case

Security Boulevard

William Dubin, a licensed psychologist in Austin, Texas, provided psychological services to a youth facility known as Williams House.

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11/23/2022

Identity Theft Protection Is Mostly BS

Lifehacker.com

These services claim to protect you from fraud, but you can do most of what they do yourself—for free.

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11/23/2022

Meta fires employees for allegedly hacking into user’s accounts

Cyber Security Hub

Internal documents allege that employees were paid thousands of dollars to hijack accounts

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11/22/2022

Man In US Takes Uber To Rob Bank, Makes Driver Wait Outside To Take Him Home

NDTV

This is very unusual way to commit an armed robbery in our city," Southfield Police Chief Elvin Barren said.

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11/22/2022

Straight Talk: Beware impostors offering veteran programs

The Alliance Review

Better Business Bureau serving Canton Region and Greater West Virginia offers tips and advice for consumers to avoid fraudulent practices.

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11/20/2022

Man Illegally Changed Check from $20 To $4,864: Westport Police

Patch Connecticut

WESTPORT, CT — A 27-year-old New York, New York, man was arrested on a warrant this week charging him larceny, forgery and related violations after Westport police said he illegally changed a check from $20 to $4,864 before depositing it into his own account.

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11/20/2022

Legal crypto expert on FTX: 'This really is a fraud first'

Yahoo Money

With calls to regulate crypto in the wake of FTX’s meltdown increasing, one legal expert says those demands are misplaced.

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11/20/2022

FTX Latest: Liquidators Say Firm’s Bankruptcy Is Unauthorized

Yahoo News

(Bloomberg) -- There’s “significant” concern that FTX management, led by Sam Bankman-Fried, lacked authority to put the crypto businesses into bankruptcy in the US, liquidators, appointed by a Bahamian court to take over FTX Digital Markets Ltd.’s affairs said.

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11/20/2022

Five ways to avoid identity theft this holiday season

Consumer Affairs

According to the Federal Trade Commission's (FTC) “Consumer Sentinel Network Data Book,” identity theft was the most common category of consumer complaints in both 2021 and 2022.

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11/20/2022

Sioux City Police say man arrested in Salix bank robbery linked to other robberies

Sioux City Journal

SIOUX CITY -- Sioux City Police arrested a man on multiple felony charges related to area robberies.

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11/20/2022

Worthington contractor solicited fake IDs for underage slaughterhouse workers

MinnPost

For the Strib, Christopher Vondracek says, “Court documents filed in Nebraska reveal that a Worthington, Minn., manager of a sanitation contractor solicited fake identification documents that obscured the age of children illegally hired to clean slaughterhouses in the Midwest.

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11/20/2022

Search continues for masked suspects who tied up bank workers during robbery on Martha’s Vineyard

Yahoo News

Police on Friday are continuing their search for a trio of suspects who tied up bank workers at gunpoint during a robbery on Martha’s Vineyard and then fled the area on Thursday morning.

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11/20/2022

Search continues for masked suspects who tied up bank workers during robbery on Martha’s Vineyard - UPDATED

Yahoo News

Police on Friday are continuing their search for a trio of suspects who tied up bank workers at gunpoint during a robbery on Martha’s Vineyard and then fled the area on Thursday morning.

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11/18/2022

Is Higher Fraud Risk an Unintended Consequence of Fed's New Debit Routing Rule?

PYMNTS.com

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants to choose at least two unaffiliated payment card networks to process transactions.

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11/18/2022

Minneapolis Woman Indicted for Orchestrating Multimillion-Dollar Accounts Receivable Factoring Scheme, PPP Loan Fraud

U.S. Attorney's Office District of Minnesota

MINNEAPOLIS – A federal grand jury returned an indictment against a Minneapolis woman for orchestrating an accounts receivable factoring fraud scheme and a PPP loan fraud scheme, announced U.S. Attorney Andrew M. Luger.

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11/18/2022

Man Charged for Participation in LockBit Global Ransomware Campaign

The United States Department of Justice

A criminal complaint filed in the District of New Jersey was unsealed today charging a dual Russian and Canadian national for his alleged participation in the LockBit global ransomware campaign.

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11/18/2022

Investigation Thwarts Brazen Bribery Scheme

FBI

Three people—an attorney, an elected official, and a businessman—engaged in an outrageous corruption scheme that involved paying for an elected official’s divorce. But an FBI investigation thwarted their efforts.

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11/18/2022

Fugitive Couple Extradited to the United States from Montenegro to Begin Prison Sentences for $20 Million Fraud

The United States Department of Justice

A California couple who fled to Montenegro to avoid serving lengthy prison sentences has been returned to the United States after approximately one year and two months as fugitives.

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11/17/2022

Researchers Quietly Cracked Zeppelin Ransomware Keys

Krebs on Security

Peter is an IT manager for a technology manufacturer that got hit with a Russian ransomware strain called “Zeppelin” in May 2020.

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11/17/2022

Schools in Jackson, Hillsdale counties will be closed a third day in a row due to cyber attack

Fox 47

JACKSON, Mich. — The ransomware attack that has crippled their shared critical operating systems for schools in both Jackson and Hillsdale counties will keep them closed at least one more day.

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11/17/2022

Cyberattacks On U.S. Airport Websites Signal Growing Threat To Critical Infrastructure

Forbes

The transportation industry appears to be waking up to a renewed specter of threats following a series of distributed denial-of-service (DDoS) attacks that temporarily took down several U.S. airport websites.

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11/17/2022

Target blames ‘organized retail crime’ for $400M loss in profits this year

NY Post

Target said it has lost a whopping $400 million in profits this year thanks to organized gangs of shoplifters who have been systematically stealing merchandise from its discount stores.

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11/17/2022

Check Fraud Is on the Rise — Here’s What You Need to Know

Katie Couric Media

As if we needed another thing to worry about, an age-old trick to swindle money out of Americans is on the rise again. Criminals are increasingly targeting mailboxes to illegally pilfer other people’s checks, and the U.S. Postal Service is taking notice.

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11/17/2022

Disneyland Malware Team: It’s a Puny World After All

Krebs on Security

A financial cybercrime group calling itself the Disneyland Team has been making liberal use of visually confusing phishing domains that spoof popular bank brands using Punycode, an Internet standard that allows web browsers to render domain names with non-Latin alphabets like Cyrillic.

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11/17/2022

'Check-washing' scam hits Wellington businesses

WPTV 5

WELLINGTON, Fla. — A bank of mailboxes at the Wellington Plaza was targeted by a check-washing thief who appears to be cashing in.

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11/17/2022

Suspect says he was paid to cash fraudulent checks

yourbasin.com

ODESSA, Texas (KMID/KPEJ)- An Odessa man was arrested earlier this month after allegedly cashing fraudulent, possibly stolen, checks. Wesley Kemp, 44, has been charged with Forgery.

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11/17/2022

Orange County Man and Sacramento Man Sentenced to Prison for Participating in Massive Fraud and Money Laundering Conspiracy

US Attorney's Office Central District of California

LOS ANGELES – Two California men today received prison sentences of up to 11 years for participating in an extensive multimillion-dollar conspiracy – much of it committed by Nigerian nationals – that perpetrated a wide variety of frauds, including business email compromise (BEC) fraud, romance scams, elder fraud and fraud using malware.

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11/17/2022

CRIME STOPPERS: Have you seen this woman wanted for ID theft in Greene County?

KY3

This week’s Crime Stoppers fugitive is Angela Lynette McNair. Springfield police say the 49-year-old also goes by the alias, Angela Clark. She’s wanted on felony warrants for probation violation in two counties.

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11/16/2022

Suspect in Salix, IA bank robbery identified; also tied to two other Siouxland robberies

KTIV Sioux City IA

SALIX, Iowa (KTIV) - The Sioux City Police Department released a statement Monday night identifying the suspect in an afternoon bank robbery in Salix, Iowa.

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11/16/2022

Watchdog Finds Flourishing Black Market on Facebook for Fraudulent Ad Accounts

Ecommercetimes.com

A technology platform watchdog group reported Monday that it had found more than 100 Facebook groups, some with tens of thousands of members, where business management accounts are bought and sold in violation of the social network’s rules.

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11/16/2022

A new Tinder Swindler? ISIS using dating app to fund terrorism: Report

EnglishAlarabiya.net

The Netflix true-crime documentary ‘Tinder Swindler,’ which told the story of how a young Israeli conman used the popular dating app to lure women into sending him thousands of dollars to support his lavish lifestyle, sent shockwaves around the globe earlier this year.

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11/16/2022

49% of Consumers Use Digital Wallets to Pay Bills

PYMNTS.com

Contactless payment for purchases at the point of sale (POS) have been gaining traction, in the aisles and at payment terminals. But the use of digital wallets across a variety of use cases gaining ground too.

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11/15/2022

HSI Houston warns public to beware of imposters spoofing legitimate law enforcement phone numbers

ICE.gov

HOUSTON – Homeland Security Investigations (HSI) Houston is warning the public to beware of scammers spoofing legitimate law enforcement phone numbers and impersonating HSI special agents or other federal, state and local law enforcement personnel.

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11/15/2022

Investors Pull Funds From Crypto.com After $400M Mishap

PYMNTS.com

Cryptocurrency exchange Crypto.com is trying to reassure investors following a weekend that saw customers pull millions in funds after its chief executive announced that the company had mishandled a $400 million transaction.

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11/15/2022

EXPLAINER: What's happening at bankrupt crypto exchange FTX?

The Hour

The imploding cryptocurrency trading firm FTX is now short billions of dollars after experiencing the crypto equivalent of a bank run.

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11/15/2022

Former firefighter sentenced for two bank robberies

News Talk KZRG

A man from Bixby, Oklahoma was sentenced Wednesday in federal court for robbing two Oklahoma banks of nearly $320,000, announced U.S. Attorney Clint Johnson.

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11/15/2022

Identity Data Takes on Commercial Use Cases Beyond Fighting Fraud

PYMNTS.com

As fraud prevention experts work to thwart shadowy foes, the identity data that is central to detecting and stopping theft has other uses that are emerging alongside new fraud-fighting tools.

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11/15/2022

BBB warns against scammers taking advantage of open enrollment for Medicare, ACA

WMTV Madison

MADISON, Wis. (WMTV) - Enrollment for Medicare or Affordable Care Act (ACA) coverage is back open and the Wisconsin Better Business Bureau (BBB) has noticed an uptick in scammers who see the time as a way to trick people into giving them money and information.

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11/15/2022

Top Zeus Botnet Suspect “Tank” Arrested in Geneva

Krebs on Security

Vyacheslav “Tank” Penchukov, the accused 40-year-old Ukrainian leader of a prolific cybercriminal group that stole tens of millions of dollars from small to mid-sized businesses in the United States and Europe, has been arrested in Switzerland, according to multiple sources.

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11/13/2022

Thieves steal checks from mail, use check washing tactics to alter them and steal thousands

7 ABC Eyewitness News

CHICAGO (WLS) -- Thieves are snagging checks from the mail and using check washing tactics to alter them and steal from you.

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11/13/2022

Letters to the Editor: A reporter turned her identity theft hell into a valuable public service for readers

LA Times

To the editor: A heartfelt thank you to Times reporter Jessica Roy for sharing her harrowing identity theft saga.

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11/13/2022

Charity scams for veterans tug at heart strings and grab for wallets

FTC

Want to help charities that support servicemembers and veterans? Around Veterans Day, charity scammers seek to take advantage of your generosity.

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11/13/2022

Denver police ask for public's help identifying bank robbery suspect

CBS News

Denver police and the Rocky Mountain Safe Streets Task Force are asking for the public's help in identifying a bank robber.

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11/13/2022

Eight Individuals Indicted And Arrested For Bank And Wire Fraud, Money Laundering, And Aggravated Identity Theft

Shore News Network

SAN JUAN, Puerto Rico – On October 28, 2022, a federal grand jury returned a 40-count superseding indictment charging eight individuals with conspiracy to commit bank fraud, wire fraud, access device fraud, aggravated identity theft, and money laundering conspiracy.

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11/13/2022

FBI, OST investigating Kyle armed robbery

KOTATV

RAPID CITY, S.D. (KOTA) - Oglala Sioux Tribe police and the FBI are investigating a Monday morning robbery in Kyle.

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11/13/2022

Lincoln Co. deputies searching for armed robbery suspects

WBTV

DENVER, N.C. (WBTV) - Lincoln County Sheriff’s detectives are looking for two men who robbed a bank in Denver Monday morning.

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11/13/2022

Inter-Agency Working Group Releases New Report on Treasury Market Resilience Efforts

U.S. Department of the Treasury

WASHINGTON– The Inter-Agency Working Group on Treasury Market Surveillance (IAWG)—which is composed of staff from the U.S. Department of the Treasury, the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, the U.S. Securities and Exchange Commission, and the U.S. Commodity Futures Trading Commission—today issued a staff progress report to provide an update on a wide range of significant steps its members have taken to enhance the resilience of the U.S. Treasury market.

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11/10/2022

‘He Got Burnt’: How One of Instagram’s Biggest Fraudsters Was Brought Down

Vice.com

Ramon Abbas, alias Hushpuppi, has been jailed for 11 years for wire fraud, money laundering and identity theft. His friends told VICE World News how they hoped against hope he was legit.

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11/10/2022

Fraud Detection and Prevention Market worth $83.6 billion by 2028 - Exclusive Market Research Report by Markets N Research

Yahoo Finance

The fraud detection and prevention market is dominated by a few key manufacturers operating in the market are Iovation Inc. (U.S.), IBM Corporation (U.S.), CardinalCommerce Corporation (U.S.), Oracle Corporation (U.S.), Experian PLC (Ireland), PayPal Holdings Inc. (U.S.), Distil Networks Inc. (U.S.), LexisNexis Risk Solutions Company (U.S.), Accertify Inc. (U.S.) and F5 Networks Inc. (U.S.).

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11/10/2022

US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History

Cryptonews.com

The US Department of Justice (DOJ) has seized 50,676 BTC worth around $3.36 billion in its second-largest crypto seizure in history.

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11/10/2022

Four ways companies can protect IoT devices from cyber attacks

Connected Real Estate Magazine

Internet of Things (IoT) devices can be invaluable to companies as they can operate their security camera systems, locks, lighting, heating and cooling systems and more through wireless connectivity.

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11/10/2022

Lawsuit Seeks Food Benefits Stolen By Skimmers

Krebs on Security

A nonprofit organization is suing the state of Massachusetts on behalf of thousands of low-income families who were collectively robbed of more than a $1 million in food assistance benefits by card skimming devices secretly installed at cash machines and grocery store checkout lanes across the state.

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11/10/2022

Your ‘Check’s In The Mail:’ How To Avoid Stolen Check-Washing Scam

Forbes

If you like mailing checks for certain expenses, then you should be aware that thieves are stealing checks from the mail and using account numbers to write bogus checks.

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11/10/2022

NATO Secretary General warns of growing cyber threat

NATO

NATO Secretary General, Jens Stoltenberg, spoke today (10 November 2022) at NATO’s 2022 Cyber Defence Pledge conference in Rome.

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11/08/2022

Bank robberies surge in the Big Apple, up 42% in 2022

NY Post

Big Apple bank robberies have shot up 42% this year, with one midtown TD Bank hit an eye-popping four times.

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11/08/2022

The Opportunity Before Congress on Crypto Legislation

Blog.chainalysis.com

In the wake of the White House’s release of their Comprehensive Framework for Responsible Development of Digital Assets, which made a number of recommendations for congressional action, much of the crypto policy focus in Washington has now turned to a few key bills on the Hill. The top issues at hand are:

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11/08/2022

Former Home Depot Employee Pleads Guilty In Credit Card Fraud Scheme

US Attorney's Office Middle District of Florida

Jacksonville, Florida – United States Attorney Roger B. Handberg announces that Kimyada Latoya Knight (41, Jacksonville) has pleaded guilty to credit card fraud. Knight faces a maximum penalty of 15 years in federal prison and payment of restitution to Home Depot.

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11/07/2022

Dropbox suffers data breach following phishing attack

Cyber Security HUB

Cloud storage company Dropbox has suffered a data breach after its employees were targeted by a phishing attack.

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11/07/2022

Better Business Bureau launches new tool to help people identify scams

10 WBNS

BBB's new scam tracker is now available, making it easier to double-check suspicious calls, texts or emails, and to report one.

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11/07/2022

Federal Reserve’s Next 3 Years Include Instant Payments ‘Easy Button’

PYMNTS.com

The term “central bank” brings to mind thoughts of stability, resilience and trust, all things that have been part of the Federal Reserve’s DNA for more than a century.

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11/07/2022

Feds announce seizure of $3.36 billion in bitcoin stolen a decade ago from illegal Silk Road marketplace—the second-largest crypto recovery

CNBC

The U.S. Department of Justice announced Monday that it seized about $3.36 billion in stolen bitcoin during a previously unannounced 2021 raid on the residence of James Zhong.

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11/07/2022

3rd Bank Robbery In 1 Week: Plainfield's BMO Harris Hit, FBI Says

Patch.com Illinois

BMO Harris is the third Plainfield-area bank — all on Route 59 — to be robbed within a week.

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11/07/2022

LinkedIn Adds Verified Emails, Profile Creation Dates

Krebs on Security

Responding to a recent surge in AI-generated bot accounts, LinkedIn is rolling out new features that it hopes will help users make more informed decisions about with whom they choose to connect.

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11/07/2022

The biggest cyber attacks of 2023

BCS.org

From nation states launching attacks to crypto thefts and crypto ransoms, 2022 was a dramatic year for organisations and for security practitioners alike. We’ll keep track of 2023’s biggest attacks and explore what we can learn from each.

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11/07/2022

Putting One-Time Passwords Out to Pasture

PYMNTS.com

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked the OTP code.

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11/07/2022

Instant and Automated Payments Make Tempting Targets for Fraud

PYMNTS.com

Faster B2B payments, back-office automation and alternative payments are all advancing rapidly, but these advances are creating new opportunities for fraudsters, so expect the innovation war between legitimate businesses and bad actors to heat up, not cool off.

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11/03/2022

At a Glance: Synthetic Identity Fraud Mitigation Providers

The Federal Reserve FedPayments Improvement

Financial institutions and fraud professionals can choose from a large number of anti-fraud products and services.

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11/03/2022

Hacker Charged With Extorting Online Psychotherapy Service

Krebs on Security

A 25-year-old Finnish man has been charged with extorting a once popular and now-bankrupt online psychotherapy company and its patients.

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11/02/2022

Department of Social Services addresses rise in EBT fraud

KESQ Channel 3

The Riverside Department of Social Services is warning the public about a new scam targeting some of the most vulnerable people who rely on state benefits.

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11/02/2022

Female robber threatened to shoot tellers at Franklin County bank, police say

Public Opinion

Pennsylvania State Police are investigating a robbery at a Franklin County bank that happened Tuesday morning.

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11/02/2022

U.S. banks processed roughly $1.2 billion in ransomware payments in 2021, according to federal report

CNBC

U.S. banks and financial institutions processed roughly $1.2 billion in likely ransomware payments in 2021, a new record and almost triple the amount of the previous year, according to a federal financial crimes watchdog.

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11/02/2022

Boise bank robbery suspect arrested, also accused of attacking K-9

KTVB 7

The robbery occurred Monday afternoon at a bank along Fairview near Cole Road.

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11/02/2022

4 essential ways for businesses to prioritize cybersecurity

Washington Business Journal

As our society and our businesses become more "online" than ever before, they are also becoming more vulnerable. Two statistics in particular tell the story of the threat small businesses face:

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11/02/2022

Federal Jury Finds Maple Grove Man Guilty of Wire Fraud, Aggravated Identity Theft in $1.4 Million Medicaid Fraud Conspiracy

US Attorney's Office District of Minnesota

ST. PAUL, Minn. - A Maple Grove man has been convicted by a federal jury for his role in a $1.4 million Medicare fraud conspiracy, announced United States Attorney Andrew M. Luger.

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11/02/2022

FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021

PYMNTS.com

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year.

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11/01/2022

Four Defendants Arrested in Virginia and Texas for Role in ATM Larceny

U.S. Attorney's Office District of South Dakota

SIOUX FALLS - United States Attorney Alison J. Ramsdell announced that four Houston, Texas- based men have been indicted by a federal grand jury for Bank Larceny and Transportation of Stolen Property or Money.

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11/01/2022

Revealed – the form of cyber attack on the rise

Insurance Business Magazine

Fraudulent instruction as a form of cyber attack is on the rise, according to new data from specialty insurer Beazley.

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11/01/2022

Accused ‘Raccoon’ Malware Developer Fled Ukraine After Russian Invasion

Krebs on Security

A 26-year-old Ukrainian man is awaiting extradition from The Netherlands to the United States on charges that he acted as a core developer for Raccoon, a popular “malware-as-a-service” offering that helped paying customers steal passwords and financial data from millions of cybercrime victims.

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11/01/2022

Putting One-Time Passwords Out to Pasture

PYMNTS.com

The one-time password — OTP for short — was an ingenious cybersecurity stopgap that worked for a while. But fraud never sleeps, and they’ve cracked the OTP code.

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10/30/2022

Money Laundering in Marshall, DeSoto County

WREG.com

MEMPHIS, Tenn. (WREG)– Fourteen people in Marshall County and DeSoto County were arrested Wednesday for allegedly conspiring to fraudulently obtain funds through the Payroll Protection Program of the U.S. Small Business Administration, the U.S. Department of Justice announced.

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10/30/2022

SNAP Benefits Update: What to Do If Scammers Steal Your Food Stamps Payments

Latin Post

The United States Agriculture Department has earlier warned SNAP benefits payments recipients about various SNAP benefits scams reported in various states. Some states are even reporting hundreds of thousands of dollars in stolen SNAP benefits.

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10/30/2022

TCH Sees ‘Mindset Shift’ Driving Integrated Instant Payments Gains

PYMNTS.com

As much as COVID-19 gave digital tech and payments a boost, many industry experts think the next three years may hold similarly grand advancements, particularly when it comes to faster payments.

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10/30/2022

Three men arrested in connection to Butte bank robbery

KXLF

BUTTE — Three young men from Kalispell were arrested in connection with the September robbery of the Butte branch of the Wells Fargo Bank, according to Butte Sheriff Ed Lester.

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10/27/2022

Chinese state-sponsored hackers have become more brazen, prompting an NSA advisoryt

CyberScoop

Increasingly bold Chinese state-sponsored hackers are actively using known vulnerabilities to gain access to sensitive networks, a dynamic National Security Agency cyber chief Rob Joyce called a “major threat” to critical infrastructure and election security on Thursday.

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10/27/2022

Mobile Check Deposit Offers Tempting Fraud Target

PYMNTS.com

Despite rallying cries like “kill the paper check,” this form of payment survived the pandemic digital shift, remaining popular as a form of mass disbursement — and a favorite of fraudsters.

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10/27/2022

How to recognize a fake Geek Squad renewal scam

FTC

Scammers are at it again, impersonating well-known businesses and trying to rip people off.

Details >
10/27/2022

West Sacramento Woman Pleads Guilty to Mail Fraud and Aggravated Identity Theft

U.S. Attorney's Office Eastern District of California

SACRAMENTO, Calif. — Kimberly Acevedo, 52, of West Sacramento, pleaded guilty today to one count of mail fraud and one count of aggravated identity theft, U.S. Attorney Phillip A. Talbert announced.

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10/27/2022

Report: 24 million U.S. households have fallen victim to account takeover fraud

Venture Beat

According to a new report by SEON, around 24 million U.S. households have fallen victim to a form of account takeover (ATO) fraud in the past year.

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10/27/2022

Ticketing Service Discloses Embarrassing Credit Card Data Breach Lasting 2.5 Years

Hot Hardware

See Tickets, an online event ticket vendor that services both Europe and North America, has disclosed a major data breach affecting its payment processing portals.

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10/27/2022

Japan to allow wage payments to digital wallets from April

Kyodo News

Japan is planning to start allowing companies to pay wages to digital payment apps like PayPay and Rakuten Pay from April, the labor ministry said Wednesday, in a bid to promote cashless payments as a way to stimulate the economy.

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10/27/2022

Scam Alert: Bank fraud text scams

Nebraska TV

OMAHA, Neb. — A Nebraska resident recently lost hundreds of dollars because of a bank fraud text scam.

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10/27/2022

LinkedIn Phishing Spoof Bypasses Google Workspace Security

Dark Reading

A credential-stealing attack that spoofed LinkedIn and targeted a national travel organization skates past DMARC and other email protections.

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10/25/2022

9 Investigates: Thieves can steal checks from the mail and sell them on the dark web

WOCTV

You write a check and drop it in the mail. That should be safe, right?

Details >
10/25/2022

Update: Cyberattack suspected in Erie County 911's nearly 2-hour service malfunction

Go Erie

For five hours Sunday night and into Monday morning, a deactivated wireless device in the city of Erie called Erie County 911 every seven seconds — approximately 750 times — from 8:55 p.m. Sunday to 2 a.m. Monday, crippling dispatchers' ability to field emergency calls and maxing out the backup system.

Details >
10/25/2022

Half of staff might quit after a cyber attack, report says

Computer Weekly

Experiencing a cyber attack can be so discombobulating for ordinary employees that over half of office workers say they would reconsider working for a company that had recently fallen victim to an incident, with only a third saying they would be unphased.

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10/25/2022

Outsourcer Interserve fined £4.4m for failing to stop cyber-attack

The Guardian

Britain’s data watchdog has fined the construction group Interserve £4.4m after a cyber-attack that enabled hackers to steal the personal and financial information of up to 113,000 employees.

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10/25/2022

Former New York CU Employee Allegedly Involved in ID Theft Ring

CU Times

A former employee of the $5.5 billion Broadview Federal Credit Union (formerly SEFCU) in Albany, N.Y., was arrested for her alleged involvement in a identify theft ring that stole $100,000, according to police investigators.

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10/25/2022

Woman convicted in Le Mars bank robbery escaped federal custody, now back under arrest

KTIV Sioux City IA

SIOUX CITY (KTIV) - A woman who escaped federal custody earlier this year in Sioux City has been arrested in Minneapolis, Minnesota.

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10/23/2022

Cybersecurity News Round-Up: Week of October 17, 2022

Security Boulevard

Hello and welcome back to our weekly cybersecurity news round-up. The biggest story of the week is undoubtedly in Australia. The country is grappling with a massive cyber attack that’s impacted the country’s largest health insurer, Medibank Private Ltd.

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10/23/2022

Thieves have stolen $250,000 worth of checks from metro post office

WSB-TV 2

DUNWOODY, Ga. — Thieves have swiped more than $250,000 in checks that police say were dropped in postal mailboxes or inside a metro post office.

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10/20/2022

Battle with Bots Prompts Mass Purge of Amazon, Apple Employee Accounts on LinkedIn

Krebs on Security

On October 10, 2022, there were 576,562 LinkedIn accounts that listed their current employer as Apple Inc.

Details >
10/19/2022

Suspected Utah serial bank robber arrested in Colorado

KUTV 2

GREENWOOD VILLAGE, Colo. (KUTV) — A suspected serial bank robber accused of numerous robberies in Utah was arrested by authorities in Colorado.

Details >
10/19/2022

How Card Skimming Disproportionally Affects Those Most In Need

Krebs on Security

When people banking in the United States lose money because their payment card got skimmed at an ATM, gas pump or grocery store checkout terminal, they may face hassles or delays in recovering any lost funds, but they are almost always made whole by their financial institution.

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10/19/2022

Scammers are posing as your TV and internet company

FTC

Did Spectrum or another provider call with an offer to lower your monthly TV, cable, or internet bill in exchange for a pre-payment or fee?

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10/18/2022

Vulnerability Scanning vs. Penetration Testing

Tripwire

One of the most important parts of a solid security program involves testing to see where your weaknesses lie.

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10/18/2022

O2 scam call: 40% discount and free upgrade scams

The Money Edit

Mobile phone users are being warned about a “dramatic increase” in scam calls from fraudsters offering a free upgrade to an expensive handset or a 40% saving off their bill.

Details >
10/18/2022

Would-be thieves blow up ATM in Palmdale, but fail to get any cash

ABC 7

PALMDALE, Calif. (KABC) -- Someone blew up an ATM in Palmdale but apparently was unable to get any of the cash inside, officials say.

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10/16/2022

Anti-Money Laundering Service AMLBot Cleans House

Krebs on Security

AMLBot, a service that helps businesses avoid transacting with cryptocurrency wallets that have been sanctioned for cybercrime activity, said an investigation published by KrebsOnSecurity last year helped it shut down three dark web services that secretly resold its technology to help cybercrooks avoid detection by anti-money laundering systems.

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10/14/2022

Types of Identity Theft

US News

To protect yourself from any kind of ID theft, it's important to be careful with your personal information

Details >
10/14/2022

Why bank robbing has gone out of style

NY Post

Bank robbery is a high-profile crime that fascinates many people.

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10/13/2022

Cross-Border Demands Banks Get Ready for ‘Clearing 2.0’

PYMNTS.com

As real-time payments networks operate across the globe — FedNow in the U.S. and Faster Payments in the U.K., to name just two examples — those systems still need to communicate with one another as payments cross borders. Data needs to flow, in real time, across currencies and time zones.

Details >
10/12/2022

Microsoft Patch Tuesday, October 2022 Edition

Krebs on Security

Microsoft today released updates to fix at least 85 security holes in its Windows operating systems and related software, including a new zero-day vulnerability in all supported versions of Windows that is being actively exploited.

Details >
10/12/2022

Attorney General Bonta Announces 56 Arrests in $5 Million Postal Theft and Fraud Operation - Suspects Allegedly Stole Money from Hundreds of Victims Across California

goldrushcam.com

October 10, 2022 - PASADENA – California Attorney General Rob Bonta last week, announced the arrests of 56 individuals involved in a scheme resulting in the theft of nearly $5 million from hundreds of people in a widespread mail theft and postal fraud operation.

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10/11/2022

'They are traumatized': Armed robber targeting Chicago postal carriers for master keys, police warn

ABC 7 News Chicago

CHICAGO (WLS) -- Chicago police are warning of an armed robber who is targeting postal carriers.

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10/11/2022

Meta Lists 400 Credential-Stealing Mobile Apps That Compromised 1M Facebook Users

Spice Works

According to Meta, these 400 iOS and Android apps are designed specifically to steal Facebook usernames and passwords.

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10/09/2022

Hackers knock some U.S. airport websites offline

The Washington Post

Airports in Los Angeles and Atlanta were among those affected. Officials say there was no effect on operations

Details >
10/09/2022

Info expected to emerge slowly in hospital chain cyberattack

The Washington Post

CHICAGO — Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as security experts on Friday warned that it often takes time to assess the full impact on patients and hospitals.

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10/09/2022

Dozens arrested in massive mail theft scheme involving nearly $5M in losses

ABC 7 Chicago

PASADENA, Calif. -- More than 80 people are facing grand theft, money laundering and conspiracy charges after a massive mail theft investigation revealed they stole nearly $5 million from hundreds of victims across California, authorities announced on Friday.

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10/05/2022

ACH holiday fraud: Check your lists and check them twice

CUNA

This holiday season, you jolly well better be prepared for more fraud.

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10/05/2022

Senate report finds increasing cases of fraud, scams on Zelle

PBS.org

NEW YORK (AP) — Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report issued Monday by the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle.

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10/05/2022

Social Media Account Hijacking Jumps 1,000% in Last 12 Months: Report

Ecommercetimes.com

Hijacking of social media accounts has reached epidemic proportions in the last 12 months, according to the Identity Theft Resource Center.

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10/05/2022

Software supply chains at risk: The account takeover threat

TechRepublic

This kind of attack is very difficult to detect and might lead to full compromise of systems, leading to cyberespionage or financial crime.

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10/04/2022

Fake CISO Profiles on LinkedIn Target Fortune 500s

Krebs on Security

Someone has recently created a large number of fake LinkedIn profiles for Chief Information Security Officer (CISO) roles at some of the world’s largest corporations.

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10/04/2022

Microsoft: Two New 0-Day Flaws in Exchange Server

Krebs on Security

Microsoft Corp. is investigating reports that attackers are exploiting two previously unknown vulnerabilities in Exchange Server, a technology many organizations rely on to send and receive email.

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10/04/2022

Scammers are stealing identities using phone SIM cards, FBI warns

KJZZ

Scammers are finding new ways to access people’s personal data, like social media, email and digital payment methods. But there are ways to prevent this.

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10/04/2022

3 St. Paul fast food restaurants robbed in space of an hour

Bring Me The News

Three fast-food restaurants were robbed at gunpoint in St. Paul in the space of 45 minutes Friday evening.

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10/03/2022

CPAP Clinic Employees Found Guilty of Embezzling from Employer

US Attorney's Office District of Minnesota

MINNEAPOLIS – A federal jury convicted two men of mail fraud and conspiracy for embezzling several hundred thousand dollars from Park Nicollet Health Services, announced U.S. Attorney Andrew M. Luger.

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10/03/2022

3 postal workers arrested, part of $1.3 million credit card theft scheme, feds say

Fox Carolina

(CNN) - Three U.S. postal workers were arrested Thursday in an alleged $1.3 million fraud and identity theft scheme.

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10/03/2022

Homeowner, check washing scams loom ahead of fall season, BBB warns

ABC Chicago

CHICAGO (WLS) -- Fall brings in new scams. The Better Business Bureau is urging homeowners to be alert of the most common scams during this time of year.

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09/28/2022

Your Guide to the Latest Email Fraud and Identity Deception Trends

The State of Security

There’s a high chance that you or someone you know has been impacted by email fraud or identity theft. At the very least, you’ve likely received a variety of spam emails and text messages asking to provide a payment or confirm your identity.

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09/28/2022

Best Line of Payments Fraud Defense: A Harder Target

PYMNTS.com

No matter where you look, fraud attacks on banks and merchants are on the rise. The fraudsters are getting more creative in their schemes, leveraging the great digital shift to make the unwitting customers themselves the gateways to fraud.

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09/27/2022

Stop Zelle Scams Before Thieves Get Anywhere Near Your Money

Cnet.com

At last Thursday's Annual Oversight of the Nation's Largest Banks hearing, Zelle scams took center stage early as Senate Banking Committee Chairman Sherrod Brown accused the CEOs of the seven biggest US banks of not doing enough to protect customers against fraud.

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09/25/2022

25 Investigates: Mail stolen from collection box outside local post office

Yahoo Finance

25 Investigates has learned that Needham Police are investigating mail theft from a blue collection box located right outside the US Post Office on Great Plain Ave.

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09/25/2022

Nacha Issues a New ‘Framework’ Aimed at Shifting Industry Emphasis to Credit Push Frauds

Digital Transactions

As payments fraud grows more threatening by the year, a report on Thursday from the governing body for the automated clearing house network recommends the payments industry shift its emphasis from combatting unauthorized debits to preventing crimes involving credit payments.

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09/25/2022

Bank CEOs see Zelle as tool to fight fraud

ABA Banking Journal

The CEOs of the seven largest retail banks appeared before Congress today for the second of two days of hearings, defending the Zelle peer-to-peer payments network and assuring lawmakers that their institutions reimburse customers for unauthorized payments.

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09/25/2022

“Grandparent” Scam Resulted in Loss of More Than $3 Million

The Financial

Ulysse and His co-Conspirators Submitted at least 143 Fraudulent Unemployment Applications in the Names of Identity Theft Victims and Scammed at least 83 Elderly Victims Across the United States

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09/25/2022

Gaming Cyber Attacks Are On The Rise - But What Is At Risk?

Digital Information World

Cyberattacks on gaming sites are becoming increasingly common, up 167% in the past year. But how much personal data do game developers really hold, and is it something that consumers should be concerned about?

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09/25/2022

Victim family speaks out after Minneapolis cell phone theft ring busted

Fox 9

MINNEAPOLIS, Minn. (FOX 9) - One metro area family is speaking out, sharing their story of how thieves stole their cell phone and how quickly they attempted to drain their online financial apps, in hopes of helping others.

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09/23/2022

SIM Swapper Abducted, Beaten, Held for $200k Ransom

Krebs on Security

A Florida teenager who served as a lackey for a cybercriminal group that specializes in cryptocurrency thefts was beaten and kidnapped last week by a rival cybercrime gang.

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09/23/2022

Accused Russian RSOCKS Botmaster Arrested, Requests Extradition to U.S.

Krebs on Security

A 36-year-old Russian man recently identified by KrebsOnSecurity as the likely proprietor of the massive RSOCKS botnet has been arrested in Bulgaria at the request of U.S. authorities.

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09/23/2022

Man in custody after alleged bank robbery attempt in Bigfork

Yahoo News

Sep. 22—A man is in custody after allegedly attempting to rob Glacier Bank in Bigfork on Tuesday.

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09/23/2022

‘Serial bank robber’ switches to identity theft, bank fraud

mlive.com

DETROIT – A convicted “serial bank robber” has been sentenced to nearly six years in prison after admitting to stealing the identities of 10 people to open fraudulent credit accounts and then spending $119,000 on them, officials announced.

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09/23/2022

Identity Theft Insurance: What It Is And What It Covers

Forbes Advisor

Imagine checking your credit report only to find an unfamiliar account. There’s a new credit card in your name, full of purchases you never made. You may be the victim of identity theft. Cases have been on the rise.

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09/23/2022

Quantum ready

Fraud Magazine

How a new frontier in computing might change the fight against fraud forever

Details >
09/23/2022

UK Bill Will Make It Easier to Seize Crypto in Money Laundering Cases

PYMNTS.com

A proposed law in the U.K. will make it easier for law enforcement to seize, freeze and recover cryptocurrency used by criminals to launder profits from illegal activity.

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09/20/2022

Dozens of people report checks being stolen out of box at North Royalton post office, then altered and cashed

5 News Cleveland

NORTH ROYALTON, Ohio — When you drop something into the mail, you expect it to go where you want it to go.

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09/20/2022

What do you mean by Identity Verification? Why is Identity Verification an important process?

Security Boulevard

Ever since the digital transformation in banking, we have seen a giant shift towards digital onboarding in financial services.

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09/20/2022

Serial Bank Robber Sentenced to Prison for Bank Fraud

Department of Justice U.S. Attorney's Office Eastern District of Michigan

DETROIT – A man previously convicted and imprisoned for four bank robberies was sentenced last week to 71 months in federal prison for stealing the identities of ten people to commit bank fraud, announced United States Attorney Dawn N. Ison.

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09/20/2022

Feeding Our Future: 47 people charged in $250M fraud scheme

Fox 9

MINNEAPOLIS (FOX 9) - The founder of Feeding Our Future and 46 others have been charged in what federal officials are calling the largest pandemic fraud in the country.

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09/20/2022

Cape Coral man arrested, accused of check fraud, stealing over $100K

WINK News

A man was arrested Tuesday morning after Cape Coral police say he used personal information to make counterfeit checks and stole over $100,000.

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09/19/2022

FBI and CISA Responded to a Cyber Attack and Ransomware Incident on Los Angeles School District (LAUSD)

CPO Magazine

The Los Angeles Unified School District (LAUSD) suffered a cyber attack over the Labor Day holiday weekend, causing “significant disruption” to its digital infrastructure.

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09/14/2022

Three Iranian Nationals Charged with Engaging in Computer Intrusions and Ransomware-Style Extortion Against U.S. Critical Infrastructure Providers

The United States Department of Justice

An indictment was unsealed today charging three Iranian nationals with allegedly orchestrating a scheme to hack into the computer networks of multiple U.S. victims.

Details >
09/14/2022

Say Hello to Crazy Thin ‘Deep Insert’ ATM Skimmers

Krebs on Security

A number of financial institutions in and around New York City are dealing with a rash of super-thin “deep insert” skimming devices designed to fit inside the mouth of an ATM’s card acceptance slot.

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09/14/2022

Treasury Sanctions IRGC-Affiliated Cyber Actors for Roles in Ransomware Activity

U.S. Department of the Treasury

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned ten individuals and two entities for their roles in conducting malicious cyber acts, including ransomware activity.

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09/14/2022

Scammers involved in phishing, romance scheme sentenced to prison in MN federal case

KARE 11

Two Nigerian nationals stole more than $2 million from businesses and regular people across the country.

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09/14/2022

Woman carjacked, robbed in Arden Hills

KARE 11

Ramsey County sheriff's officials say an armed man approached a 61-year-old woman in an underground parking garage and forced her to withdraw cash from an ATM.

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09/14/2022

Man armed with a gun robs PNC Bank in Battle Creek

WWMT News Channel 3

BATTLE CREEK, Mich. — Battle Creek officers are looking for a man accused of robbing a PNC Bank Monday.

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09/14/2022

I Was Almost Scammed Out of $80K: How a Suspicious Check Tipped Me Off

Go Banking Rates

When Joe Schulz*, a small-business owner based in New Jersey, received a new customer order from a company based in Dubai, he felt that something may be off.

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09/14/2022

Five years after the Equifax data breach, how safe is your data?

Bankrate

Five years ago, a massive data breach occurred. On Sept. 7, 2017, the Equifax credit bureau publicly revealed its computer networks had suffered a data leak that exposed the personal information of 143 million consumers, a number later raised to 147 million.

Details >
09/14/2022

Wormable Flaw, 0days Lead Sept. 2022 Patch Tuesday

Krebs on Security

This month’s Patch Tuesday offers a little something for everyone, including security updates for a zero-day flaw in Microsoft Windows that is under active attack, and another Windows weakness experts say could be used to power a fast-spreading computer worm.

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09/14/2022

Why Banking Apps Need to Be More Than Just Banking Apps

PYMNTS.com

Consumers are using mobile banking apps like never before.

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09/12/2022

FTC Brings Together Advisory Group to Combat Scams Against Older Adults

FTC

Keeping older adults safe from fraud and scams is a top priority for the FTC.

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09/12/2022

Buy Now Pay Later (BNPL): Prevent fraud using AML and KYC checks

Security Boulevard

Buy now and pay later (BNPL) services are the latest trend in the market, which is catching up with consumers and retailers quickly. Unfortunately, even the perpetrators are increasing in this system which have a potential to cause harm to a raising solution in finance.

Details >
09/11/2022

DOJ arrests 35 in $2.1B Medicare scam targeting seniors for fraudulent genetic testing

Fierce Health Care

The Department of Justice (DOJ) has taken down what it calls one of the largest healthcare fraud schemes, charging 35 people with unlawfully charging Medicare $2.1 billion.

Details >
09/11/2022

Armored car driver shot outside of Carrollton bank in attempted robbery

CBS News

CARROLLTON, Texas (CBSDFW.COM) — An armored car driver was shot in an attempted robbery outside of a bank in Carrollton.

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09/11/2022

BEWARE: Wisconsin DMV Warns Of Text Message Scam

iHeart

The Wisconsin Department of Transportation (DOT) is warning residents of scammers attempting to impersonate the Department of Motor Vehicles (DMV), according to Channel 3000.

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09/11/2022

Feds indict 7 for cell phone fraud scheme

The Oakland Press

Three Southfield residents and three former Southfield residents are among seven facing charges for a $28 million-plus cell phone fraud and identity theft scheme, officials said.

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09/11/2022

As Workers of the World Await Fidelity’s Bitcoin 401(k), Will IRA-Friendly ETFs Be Next?

PYMNTS.com

Despite strong opposition from some of the most powerful members of Congress and Department of Labor, which oversees 401(k) plans, Fidelity is still preparing to offer the option to invest in cryptocurrency on some employer-sponsored retirement plans by the end of the year.

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09/11/2022

Mitigating the Threat to Sensitive Data from Malicious Third Parties

Security Boulevard

The battleground between threat actors and network defenders is increasingly coming down to one thing: data. It could be the sensitive personal information of customers and employees, which is highly regulated in many regions, or it could be intellectual property—less regulated but a critical driver of competitive advantage.

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09/09/2022

EU Proposes Tougher Cybersecurity for 'Internet of Things' Products

PYMNTS.com

A proposed European Union bill will fine makers of “internet of things” (IOT) products if they don’t meet stringent rules aimed at cutting down on cyberattacks, the Financial Times (FT) wrote Wednesday (Sept. 7).

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09/09/2022

Check Fraud Ringleader Sentenced To Federal Prison

The Johnson County Report

ELIZABETH CITY, N.C. –– A Raleigh, North Carolina man, Carl Edwin Parker, Jr., was sentenced Tuesday to 63 months in prison and five years of supervised release for conspiracy to commit bank fraud.

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09/09/2022

Transacting in Person with Strangers from the Internet

Krebs on Security

Communities like Craigslist, OfferUp, Facebook Marketplace and others are great for finding low- or no-cost stuff that one can pick up directly from a nearby seller, and for getting rid of useful things that don’t deserve to end up in a landfill.

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09/07/2022

Visa Canada Scam Making The Rounds

CKDR

Another phone scam in the region.

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09/07/2022

Hackers infiltrate second-largest US school district in growing trend

The Guardian

Los Angeles Unified, with over 600,000 students, suffers ‘significant infrastructure disruption’ but classes set to take place as usual

Details >
09/07/2022

Holiday Inn hotels hit by cyber-attack

BBC

IHG, which has some of the world's largest hotel chains, issued a statement saying it was investigating "unauthorised access" to a number of its technology systems.

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09/07/2022

Bot Armies Are Targeting Loyalty Points; Here’s How to Safeguard Your Customers

mytotalretail.com

As back-to-school season kicks into high gear and holiday-driven spending looms in the distance, retailers across the country are using loyalty point programs to build relationships with customers and incentivize them to return for future purchases, driven by the promise of discounts, perks, exclusive benefits and more.

Details >
09/07/2022

Passwords aren't dead yet - Bitwarden raises $100M for password management

Venture Beat

Are passwords dead? With many vendors like Microsoft, Apple and Google moving toward passwordless authentication options alongside the FIDO Alliance and credential-based attacks on the rise, you’d be forgiven for thinking that passwords are on the way out, but login credentials aren’t done just yet.

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09/05/2022

2 people charged with fraud, identity theft in Eau Claire County

WEAU 13 News

The pair allegedly used illegally-obtained credit cards to rack up $10,000 worth of purchases, according to Augusta police.

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09/05/2022

Microsoft found TikTok Android flaw that let hackers hijack accounts

Bleeping Computer

Microsoft found and reported a high severity flaw in the TikTok Android app in February that allowed attackers to "quickly and quietly" take over accounts with one click by tricking targets into clicking a specially crafted malicious link.

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09/05/2022

Samsung Has Been Hacked: What Data Has Been Stolen?

Forbes

On September 2, Samsung published a security advisory confirming it had been hacked.

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09/05/2022

Beware These 5 Common Work-From-Home Scams

Money Talks News

You can spot scammers and con artists with a little know-how.

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09/05/2022

Report: ‘Human Coding Error’ Caused IRS Posting of Confidential Data

PYMNTS.com

Names, contact information and some financial information of about 120,000 people was reportedly posted in error by the Internal Revenue Service (IRS) on its website.

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09/05/2022

I stole people's identities for a living. Here are the top 4 things everyone should do to lower their risk of getting hacked by cybercriminals.

Business Insider

This as-told-to-essay is based on a conversation with Brett Shannon Johnson, a former cybercriminal turned cybersecurity expert. Insider confirmed Johnson's criminal history using court documents and contemporaneous news reports. The conversation has been edited for length and clarity.

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09/01/2022

Incognia Mobile App Fraud Insights Report Reveals Food Delivery Apps are Major Target for ...

bdtonline.com

PALO ALTO, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Mobile identity pioneer Incognia today announced the publication of the results of their first Mobile App Fraud Insights Report – Food Delivery.

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09/01/2022

What the Tech: FBI cyber-crime report

WRDW

AUGUSTA, Ga. (WRDW/WAGT) - A warning from the FBI, cyber-attacks are setting records both in the number of complaints and the amount of money being lost by victims.

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09/01/2022

4 sentenced to prison for using homeless people to cash fake checks

WPRI

PROVIDENCE, R.I. (WPRI) — Four Georgia men have been sentenced to federal prison for their involvement in a scheme that exploited homeless people from the Providence area, according to U.S. Attorney Zachary Cunha.

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09/01/2022

HSI investigates synthetic identities scheme that defrauded banks nearly $2M

U.S. Immigration and Customs Enforcement

LOS ANGELES – A Georgia man was sentenced Sept. 1 to more than seven years in federal prison for participating in a nationwide fraud ring that used stolen social security numbers, including those belonging to children, to create synthetic identities used to open lines of credit, create shell companies, and steal nearly $2 million from financial institutions. The case was investigated by Homeland Security Investigations (HSI).

Details >
08/31/2022

#HowTo: Enhance Data Security and Privacy

Infosecurity-magazine.com

In Ireland, despite widespread visibility of data breaches and security threats, strong data protection is often treated as an afterthought within many organizations.

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08/30/2022

FTC says Roomster posted fake reviews and misled customers about listings

FTC

When searching for a place to live — or a person to live with — honest and trustworthy information is vital.

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08/30/2022

How 1-Time Passcodes Became a Corporate Liability

Krebs on Security

Phishers are enjoying remarkable success using text messages to steal remote access credentials and one-time passcodes from employees at some of the world’s largest technology companies and customer support firms.

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08/29/2022

Preventing Account Takeovers by Cryptocurrency Fraudsters

Credit Union Times

Multiple, integrated layers of security technology can, together, help prevent fraud, even in the case of blockchain corruption.

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08/29/2022

FBI agent says Russia uses cyber attacks against US, possible Minnesota victims

KSTP 5

The Ukraine war is half a world away, but a high-ranking FBI agent told 5 EYEWITNESS NEWS the effects could be hitting much closer to home than you think.

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08/29/2022

Ransomware attacks surged by 47% in July

Telcoms.com

According to a report by NCC Group’s Global Threat Intelligence division, ransomware attacks increased by 47% in July compared to June, adding more evidence for a trend of rising global cybercrime.

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08/29/2022

Lloyd’s refuses to cover nation-state attacks: What it means to enterprises

Venture Beat

Data breaches aren’t cheap. With the average breach costing $4.24 million, many organizations are turning to cyber insurance to decrease the financial impact of security incidents.

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08/29/2022

Man faces 36 counts of identity theft after allegedly stealing over $260K from job

Fox 13

MEMPHIS, Tenn. — A man is charged with 36 counts of identity theft after allegedly stealing over $260,000 from the business where he worked as a manager.

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08/29/2022

Secret Service returns $268 million in fraudulently obtained COVID-19 relief loans

CBS News

The Secret Service has returned about $286 million in wrongfully obtained COVID-relief loans to the Small Business Administration, the agency announced Friday.

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08/29/2022

DON’T FALL FOR ELECTRONIC CHECK SCAMS!

WRRV

We all have to be so careful with our money and information. My cousin shared a scam that nearly happened to her on Facebook, and it was almost exactly something that happened to me a year ago. If you sell goods or services online, this is a cautionary tale for you.

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08/29/2022

New Hampshire Lottery website back online after experiencing cyber attack

WMUR

CONCORD, N.H. — The New Hampshire Lottery website was back online early Saturday morning after experiencing a cyber attack.

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08/29/2022

Ransomware cyber attacks spike to over 1.2 mn per month in H12022

Business Standard

The volume of ransomware threats detected spiked to more than 1.2 million per month between the January-June period, a report revealed.

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08/29/2022

Further Stablecoin Collapses Fuel Credibility Problem

PYMNTS.com

Say one thing for algorithmic stablecoins like the one that collapsed in a $48 billion bank-run-style blaze of glory in May: They’re tenacious.

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08/29/2022

Did you hear about the student loan announcements? Scammers did, too

FTC

You’ve probably already heard about the new government plan that will forgive some federal student loans, once it’s up and running.

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08/29/2022

FTC sues company that sells consumers’ sensitive location information

FTC

For many of us, our mobile phone is a constant companion, with us wherever we go. It’s also constantly collecting information about us, what we do, and where we do it.

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08/29/2022

Peer-to-peer car sharing: A potentially risky side gig

FTC

If you’re looking for a way to make some extra money, you might be thinking about renting out your car through a peer-to-peer (P2P) app like Getaround, Turo, or HyreCar.

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08/26/2022

Man Admits to Robbing Eight Chicago-Area Banks

The United States Attorneys Office ~ District of Illinois

CHICAGO — A man has admitted in federal court that he robbed eight Chicago-area banks over a seven-month period in 2019.

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08/26/2022

New identity theft study says the U.S. has moved from pandemic to scamdemic

Consumer Affairs

In its latest trend report, the Identity Theft Resource Center (ITRC) says that for victims of identity crimes and compromises, fraud and scams have reached levels that haven’t been seen in the last 20 years.

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08/25/2022

Bank robbery suspect in custody

Keloland.com

SIOUX FALLS, S.D. (KELO) — A large law enforcement presence responded to a bank in north Sioux Falls Tuesday morning following a reported robbery.

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08/25/2022

Bitcoin Scams: How to Spot Them, Report Them, and Avoid Them

Investopedia

Cryptocurrency scams can take many forms.

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08/24/2022

Man pleads guilty to robbing Bloomington bank

KSTP.com

A man pleaded guilty Monday to robbing a bank in Bloomington earlier this year.

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08/24/2022

FBI seeks Denver 'Empty Promise Bandit' in string of Colorado bank robberies

Fox News

The FBI is on the hunt for a serial bank robber dubbed the "Empty Promise Bandit," accused of holding up financial institutions in and around Denver, Colorado.

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08/24/2022

Man Arrested In Minnesota A Suspect In Attempted Bank Robbery In Northern Iowa

KIWA Radio

Fairmont, Minnesota — Authorities in northern Iowa and southern Minnesota have announced the arrest of a suspect in a string of break-ins and thefts over the past few weeks.

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08/24/2022

How Google blocked largest-ever DDoS cyber attack & how you can stay safe

CNBC TV 18

Google Cloud has revealed it blocked the largest seven-layer distributed denial-of-service (DDoS) attack ever recorded.

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08/24/2022

Healthcare data breach costs reach record high at $10M per attack: IBM report

Fierce Healthcare

The unrelenting barrage of cyberattacks against healthcare organizations is causing major financial damage as health systems struggle to mitigate the costs of data breaches.

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08/24/2022

Banking-as-a-Service Helps Speed FinTechs Time to Market

PYMNTS.com

FinTechs, just like any other firms, are constantly on the lookout for new ways to increase customer loyalty and their revenue streams.

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08/24/2022

Merchants Give Installment Loans Fresh Look as Consumers Seek New Payment Options

PYMNTS.com

Depending on where you look, the economic signs are either positive or downright ominous.

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08/23/2022

California Man Pleads Guilty in Scheme Involving Over $300,000 In Fraudulent Purchases from The Home Depot

The United States Attorneys Office ~ Eastern District of Louisiana

NEW ORLEANS, LA – U.S. Attorney Duane A. Evans announced that JONATHAN ORPILLA SINLAO, age 37, a resident of San Jose, California, pled guilty on August 18, 2022 to Count One of his indictment, charging him with Conspiracy to Commit Access Device Fraud, in violation of Title 18, United States Code, Section 1029(b)(2). In exchange, the government has agreed to dismiss seven (7) counts of Access Device Fraud, in violation of Title 18, United States Code, Section 1029(a)(5).

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08/23/2022

Critical infrastructure is under attack from hackers. Securing it needs to be a priority - before it's too late

zdnet.com

A ransomware gang recently infiltrated a water company, and critical infrastructure providers need to take lessons from it to avoid potentially catastrophic consequences.

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08/22/2022

FDIC Issues Cease and Desist Letters to Five Companies For Making Crypto-Related False or Misleading Representations about Deposit Insurance

FDIC

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or misleading statements.

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08/22/2022

Today in Crypto: Celsius Can Operate Through 2022, CFO Says; ‘Pig Butchering’ Scammers Fatten Up Victims

PYMNTS.com

Stocks related to crypto were down Friday (Aug. 19), with bitcoin losing momentum and falling below $22,000 due to bigger fears in the economy.

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08/21/2022

Man charged in Shorewood bank robbery

Fox 32 Chicago

SHOREWOOD, Ill. - A man was arrested Wednesday, just 25 hours after allegedly robbing a bank in Shorewood.

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08/21/2022

'A game of numbers' | How Craigslist scammers are using identity theft tactics

KITV 4

HONOLULU (KITV4) -- The rental in the Craigslist post looks like a deal.

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08/21/2022

Second “Felony Lane Gang” Member Who Defrauded Illinois Bank By Impersonating Victims of Identity Theft Sentenced to 34 Months in Prison

U.S. Attorney's Office Southern District of Illinois

East St. Louis, Ill. – Mary M. Thornhill, 36, of Knoxville, TN, was sentenced on Wednesday, August 17th, to 34 months in prison for her involvement in a bank fraud scheme that targeted female victims in Southern Illinois.

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08/21/2022

Google blocks world's largest-ever web distributed DDoS cyber attack

Business Standard

Google has blocked the largest-ever web distributed denial-of-service (DDoS) cyber attack on a customer that peaked at 46 million requests per second (RPS).

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08/21/2022

Chase Bank branch robbed in Lake View

Chicago Sun Times

Authorities were investigating after a bank robbery was reported Friday afternoon in the Lake View neighborhood on the North Side.

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08/19/2022

Man charged in Shorewood bank robbery

Fox 32 Chicago

SHOREWOOD, Ill. - A man was arrested Wednesday, just 25 hours after allegedly robbing a bank in Shorewood.

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08/19/2022

Man charged in Shorewood bank robbery

Fox 32 Chicago

SHOREWOOD, Ill. - A man was arrested Wednesday, just 25 hours after allegedly robbing a bank in Shorewood.

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08/19/2022

Pandemic Fraud Cases So Far Top $1B

The Crime Report

There are currently 500 people working on pandemic-fraud cases across the offices of 21 inspectors general, plus investigators from the F.B.I., the Secret Service, the Postal Inspection Service and the Internal Revenue Service, reports the New York Times.

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08/19/2022

PayPal Phishing Scam Uses Invoices Sent Via PayPal

Krebs on Security

Scammers are using invoices sent through PayPal.com to trick recipients into calling a number to dispute a pending charge.

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08/19/2022

Nearly 1,900 Signal Messenger Accounts Potentially Compromised in Twilio Hack

The Hacker News

Popular end-to-end encrypted messaging service Signal on Monday disclosed the cyberattack aimed at Twilio earlier this month may have exposed the phone numbers of roughly 1,900 users.

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08/19/2022

Analysis: 100 banks, 1,000 suspects: German fraud probe puts Scholz on the spot

Reuters

FRANKFURT, Aug 17 (Reuters) - German chancellor Olaf Scholz faces lawmakers' questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into the scheme threatens to undermine him as he grapples with an energy crisis and the fallout of war.

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08/19/2022

Identity Theft Resource Center Inaugural 2021 Trends in Identity Report Highlights Wide Range of Identity Crimes

Yahoo

The 2021 ITRC Trends in Identity Report reveals a 1,044 percent increase in social media account hijacking; 88 percent increase in unemployment benefits identity fraud

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08/19/2022

Supervisory Guidance on Multiple Re-Presentment NSF Fees

FDIC

The FDIC is issuing guidance to FDIC-supervised institutions to address certain consumer compliance risks associated with assessing multiple non-sufficient funds (NSF) fees arising from the re-presentment of the same unpaid transaction.

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08/19/2022

Boise Police looking for Overland Road bank robbery suspect

Idaho News

BOISE, Idaho (CBS2) — Boise Police is looking for a suspect in a bank robbery that happened on the 6900 block of W. Overland Road in Boise on Friday Aug. 12, just after 10 a.m.

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08/19/2022

Greeley police search for bank robbery suspect

CBS News

Greeley police are asking for help finding a bank robbery suspect who struck last weekend.

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08/17/2022

Thomas More University hacked in multiple ways after cyber attack on Facebook account

WLWT.com

CRESTVIEW HILLS, Ky. — A local university was hit with a cyberattack that has left it with embarrassing and inappropriate pictures on their social media account that they can’t take down.

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08/17/2022

Synthetic identity fraud: The chameleon of fraud trends

CUNA

Of the many fraud trends that shook the financial services industry during the pandemic, synthetic identity fraud (SIF) was arguably the biggest headliner.

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08/17/2022

Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud

The New York Times

Investigators say there was so much fraud in federal Covid-relief programs that — even after two years of work and hundreds of prosecutions — they’re still just getting started.

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08/17/2022

What Is The Venmo Scam On Facebook Marketplace?

Alphr

Identity theft is rampant in online marketplaces, and the Facebook Marketplace is no exception. Scammers are taking over legitimate user accounts to add authenticity to their scams.

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08/17/2022

CFPB: Financial companies must safeguard consumer data

CFPB Journal

The Consumer Financial Protection Bureau recently confirmed that companies without adequate safeguards to protect consumer data are at greater risk of being held liable under the Consumer Financial Protection Act.

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08/16/2022

Man on probation for bank robbery charged with robbing another bank, this time in Roseville

TwinCities Pioneer Press

A 58-year-old St. Paul man was charged Monday with robbing a bank in Roseville last year after his release from federal prison for bank robbery.

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08/16/2022

Who’s minding your business? The FTC invites you to comment on commercial surveillance and data security

FTC

Many of us have grown used to the idea that companies constantly collect information about us as we go about our daily lives.

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08/16/2022

Black Hat: We Should Have Seen The Colonial Ransomware Attack Coming

Security Boulevard

Few need to be reminded of the fears that the Colonial Pipeline hack caused in May of 2021, in which airlines scrambled to keep their planes fueled for long-haul flights and Americans across the eastern seaboard panic-bought gas in expectation of supply disruptions.

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08/16/2022

How attackers are breaking into organizations

Cybersecurity Dive

Threat actors lean heavily on phishing attacks, vulnerabilities in software and containers, and stolen credentials, according to top cyber vendor research.

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08/16/2022

A 5 Step Checklist for Complying with PCI DSS 4.0

The State of Security

In March 2022, the Payment Card Industry Data Security Standard (PCI DSS) was updated with a number of new and modified requirements.

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08/16/2022

When Efforts to Contain a Data Breach Backfire

Krebs on Security

Earlier this month, the administrator of the cybercrime forum Breached received a cease-and-desist letter from a cybersecurity firm.

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08/15/2022

Shopping scams are in session for back-to-school shopping

FTC

Back-to-school season can be stressful for many kids and their parents — especially when scammers are back to work with online school shopping scams. But there are ways to get your school shopping done while avoiding scams that cost you valuable time and money.

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08/15/2022

Sounding the Alarm on Emergency Alert System Flaws

Krebs on Security

The Department of Homeland Security (DHS) is urging states and localities to beef up security around proprietary devices that connect to the Emergency Alert System — a national public warning system used to deliver important emergency information, such as severe weather and AMBER alerts.

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08/15/2022

Neighbors speak after falling victim to check washing

WKRN.com

NASHVILLE, Tenn. (WKRN) – It’s an old scam claiming new victims.

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08/15/2022

Wyoming police arrest suspect in a Fifth-Third Bank robbery

WWMT

WYOMING, Mich. — One day after a Fifth-Third Bank was robbed in Wyoming, police found and arrested the suspect.

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08/15/2022

Cedar Rapids schools pay ransom in cyberattack

The Gazette

CEDAR RAPIDS — The Cedar Rapids school district paid a ransom in hopes of keeping personal data compromised in a cyberattack last month from being released, the school superintendent has told parents.

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08/15/2022

How to Recover a Stolen Identity

Makeuseof.com

Has your identity been stolen? Don't panic. There are things you can do. Here are the next steps you need to follow and how to limit damage.

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08/15/2022

5 tips for spotting and avoiding Pig butchering scams

TripWire

A new type of scam, called “pig butchering” is gaining momentum

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08/12/2022

Ransomware attack blamed for closure of all 7-Eleven stores in Denmark

TripWire

Ransomware is to blame for the closure of all 175 7-Eleven stores in Denmark on Monday.

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08/11/2022

Contacted about a long-lost relative’s inheritance? Hold on a minute

FTC

The FTC has been getting reports of people getting letters in the mail from a law firm.

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08/11/2022

Email Is The Single Biggest Threat To Businesses, And Here’s What You Can Do About It

Information Security Buzz

Email remains one of the most popular methods of communication, particularly for business communications.

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08/11/2022

California Man Pleads Guilty to $3.5 Million Scam-PAC Fraud

The United States Department of Justice

A California man pleaded guilty yesterday in the Western District of Texas to conspiracy to solicit millions of dollars in contributions to two political action committees based on false and misleading representations that the funds would be used to support presidential candidates during and after the 2016 election cycle.

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08/11/2022

It Might Be Our Data, But It’s Not Our Breach

Krebs on Security

A cybersecurity firm says it has intercepted a large, unique stolen data set containing the names, addresses, email addresses, phone numbers, Social Security Numbers and dates of birth on nearly 23 million Americans.

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08/11/2022

Man arrested after threatening to blow up Belleview bank, stealing $10K, police say

clickorlando.com

John Henderson-Winfield, 21, was caught during a foot chase, officers say

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08/10/2022

Man arrested after threatening to blow up Belleview bank, stealing $10K, police say

clickorlando.com

John Henderson-Winfield, 21, was caught during a foot chase, officers say

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08/10/2022

Arrests made in connection with Parrish bank robbery

Mysuncoast.com

PARRISH, Fla. (WWSB) - The man who allegedly walked into Fifth Third Bank in Parrish Monday, demanding cash and threatening to blow up the bank, has been arrested along with his getaway driver, the Manatee County Sheriff’s Office said.

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08/10/2022

How to Protect Consumers from Account Takeover Fraud

PaymentsJournal

Account takeover (ATO) fraud, through which a bad actor takes over an individual’s financial accounts without their knowledge, is one of the most harmful forms of identity theft.

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08/10/2022

The Security Pros and Cons of Using Email Aliases

Krebs on Security

One way to tame your email inbox is to get in the habit of using unique email aliases when signing up for new accounts online.

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08/09/2022

Arrest Warrant For Iowa Woman in Rochester Financial Fraud Case

KROC

Rochester, MN (KROC-AM News) - An arrest warrant has been issued for an Iowa woman accused of breaking into a car and stealing a Rochester woman's purse last year.

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08/09/2022

Fake jewelry sellers change strategies and try scams across Oahu, Big Island

KITV

HAWAII (KITV)- Fake street jewelry sales have been occurring on the Big Island and Oahu. Law enforcement and local residents say those involved are switching up their methods.

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08/08/2022

Smart Carts With Embedded Payments Put Consumers in Control of Checkout

PYMNTS.com

With PYMNTS research finding that 34% of U.S. consumers are shopping for groceries online —76% for the convenience, 57% for the speed — it’s time for smart carts to start their ascent.

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08/08/2022

Deepfake attacks and cyber extortion are creating mounting risks

Techrepublic.com

Email is the top delivery method used by cybercriminals deploying geopolitically-motivated attacks to try and move laterally inside networks, a new VMware report finds.

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08/08/2022

Cybercriminals Are Using Bots to Steal Online Pharmacy Accounts

Cnet.com

Researchers for the cybersecurity company Kasada say cybercriminals are increasingly using bots to crack the passwords of online pharmacy accounts and steal access to them.

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08/08/2022

How to get your money back from a Zelle scam or accidental money transfer

Elliott.org

When Susan Pauleen’s daughter sent her $1,725 rent payment through Zelle, she had no reason to suspect a problem.

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08/08/2022

Bank robbery under investigation in Colorado Springs

KKTV.com

COLORADO SPRINGS, Colo. (KKTV) - Police in Colorado Springs were called to a bank robbery Thursday afternoon.

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08/07/2022

Class Action Targets Experian Over Account Security

Krebs on Security

A class action lawsuit has been filed against big-three consumer credit bureau Experian over reports that the company did little to prevent identity thieves from hijacking consumer accounts.

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08/07/2022

FBI warns of rise in cyber attacks: 'Their end result is just to make some money'

New Mexico Sun

Cyber attacks are on the rise and the FBI is warning businesses and the public to be on guard.

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08/04/2022

Black Hat USA 2022: What you need to know

The State of Security

Following a successful hybrid event in 2021 that saw more than 6,000 in-person, and more than 14,500 virtual attendees, Black Hat USA returns in 2022 to the Mandalay Bay Convention Centre in Las Vegas, Nevada.

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08/04/2022

Illinois man admits depositing hundreds of worthless checks in $157,000 bank fraud scheme

The United States Attorneys Office ~ District of Missouri

ST. LOUIS – A man from Granite City on Tuesday admitted a bank fraud scheme that cost Commerce bank more than $150,000.

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08/04/2022

Man Hacked T-Mobile Employees to Unlock Cell Phones, Rake in $25 Million

PCMAG

Argishti Khudaverdyan was found guilty of various offenses after he stole login credentials from more than 50 different T-Mobile employees across the US.

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08/04/2022

Scammers Sent Uber to Take Elderly Lady to the Bank

Krebs on Security

Email scammers sent an Uber to the home of an 80-year-old woman who responded to a well-timed email scam, in a bid to make sure she went to the bank and wired money to the fraudsters.

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08/04/2022

2022 AFP Payments Fraud and Control Survey

AFP

The 2022 AFP® Payments Fraud and Control Survey reports 71 percent of organizations were victims of payments fraud attacks/attempts in 2021. This is the lowest level of fraud reported since 2014.

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08/03/2022

No SOCKS, No Shoes, No Malware Proxy Services!

Krebs on Security

With the recent demise of several popular “proxy” services that let cybercriminals route their malicious traffic through hacked PCs, there is now something of a supply chain crisis gripping the underbelly of the Internet.

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08/03/2022

How to Deter Fraud in a Consumer-Friendly Way

Security Boulevard

With more consumer-centric fraud defense solutions, technology platforms no longer need to settle for a trade-off between growth and security. Have you moved beyond one-size-fits-all authentication measures to ensure friction is reserved only for bad actors?

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08/03/2022

Twitter API keys are leaked by over 3,200 apps, some of which enable account takeover

The TechOutlook

Experts in cybersecurity have discovered a group of 3,207 mobile apps that expose Twitter API keys to the general populace, potentially allowing a threat actor to take control of users’ Twitter accounts linked to the app.

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08/02/2022

Ex-South Carolina Police Chief Pleads Guilty to Armed Bank Robbery

The Daily Beast

A former South Carolina police chief has been locked up after pleading guilty to an armed bank robbery.

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08/02/2022

What Banks Are Doing to Protect Consumers From Financial Scams

PYMNTS.com

Social engineering scams occur when fraudsters trick their victims into trusting them enough to send either money or personal information. When the victim sends money, it is known as authorized push payment (APP) fraud. Since it can take many forms, each difficult to stop, this fraud type is one of the more troubling types — and it’s on the rise.

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07/31/2022

911 Proxy Service Implodes After Disclosing Breach

Krebs on Security

911[.]re, a proxy service that since 2015 has sold access to hundreds of thousands of Microsoft Windows computers daily, announced this week that it is shutting down in the wake of a data breach that destroyed key components of its business operations.

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07/31/2022

How scammers are phishing for information through mail fraud texts

WVLT.tv

Tony Binkley with the Better Business Bureau said this type of scam is referred to as ‘Smishing’ and there’s another way to check and see if a link is legit.

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07/31/2022

Smishing: A Silly Word for a Serious Fraud Risk

Consumer Reports

These phishing attacks, in which scammers target victims through text messaging, are on the rise

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07/31/2022

Rochester Police kill suspect in ax robbery early Saturday morning

Pioneer Press

ROCHESTER, Minn. — Police shot an armed robbery suspect early Saturday morning, July 30, 2022.

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07/31/2022

Police searching for suspect who robbed Fifth Third Bank in Ann Arbor on Friday

Clickondetroit.com

ANN ARBOR – Ann Arbor police are looking for a man who robbed the Fifth Third Bank on Washtenaw Avenue on Friday, July 29.

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07/31/2022

Two men arrested after daylight armed robbery in Kalihi

Yahoo News

Jul. 30—Honolulu police arrested two men in connection with an alleged armed robbery that occurred in broad daylight in Kalihi Thursday.

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07/31/2022

A man facing nearly 100 accusations in a Toronto fraud plan using a fake check

Eminetra Canada

A 22-year-old man was charged with nearly 100 crimes after allegedly defrauding multiple people in Toronto using fake checks.

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07/31/2022

Mail theft from post office boxes still a problem in New Orleans area, across the country

NOLA

Five months after the Jefferson Parish Sheriff's Office warned residents to stop using the big blue U.S Postal Service collection boxes, authorities want residents to be aware that mail theft continues to be a problem.

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07/31/2022

Payment processor’s sales pitches tricked small business owners

FTC

Today, people expect to swipe, dip, tap, enter, and use their credit and debit cards everywhere — including at small businesses, local shops, and neighborhood restaurants.

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07/28/2022

Breach Exposes Users of Microleaves Proxy Service

Krebs on Security

Microleaves, a ten-year-old proxy service that lets customers route their web traffic through millions of Microsoft Windows computers, recently fixed a vulnerability in their website that exposed their entire user database.

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07/28/2022

Selling stuff online? Here’s how to avoid a scam

FTC

Selling stuff online can be a great way to make some extra cash. Craigslist, Facebook Marketplace, and other sites attract a lot of buyers — and scammers. Here are some ways scammers try to cheat you and what to do about it.

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07/28/2022

Hyundai to pay $19.2 million for widespread credit-reporting failures, U.S. regulator says

Reuters

July 26 (Reuters) - A U.S. regulator has ordered a Hyundai Motor Co (005380.KS) affiliate to pay $19.2 million for repeatedly giving credit-reporting agencies inaccurate information about its customers, including that they were delinquent on loans and leases.

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07/28/2022

AI Can Help Fintechs Fight Fraud-as-a-Service

Dark Reading

Artificial intelligence tools can help companies strike the right balance between preventing financial crime and maintaining customer service and satisfaction.

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07/28/2022

Consumers warned to be on the lookout for text scams involving fake bank fraud alerts

WGRZ

The NYS Division of Consumer Protection says anyone who gets an unsolicited dubious text message should delete it right away.

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07/28/2022

Video of downtown assault highlights organization of cell phone theft

KARE 11

The son of a retired metro police chief was knocked unconscious after thieves took his phone. Jack Nadeau's jaw was broken and his accounts were drained.

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07/27/2022

Man arrested after attempting to cash a fraudulent check

WBIW

Bedford - An Indianapolis man was arrested after Bedford Police officers were summoned to German American Bank on 16th Street on June 29, 2022, after a man attempted to cash a fraudulent check.

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07/27/2022

Op-Ed: Check Your Checks: Mail Fraud Is On The Rise

The Lane Report

An old-school type of fraud is making its way back into the mainstream.

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07/27/2022

MINNESOTA BANK ROBBER SENTENCED TO FEDERAL PRISON

KROC

Minneapolis (KROC-AM News) - A Cottage Grove man has been sentenced to over 4 years in federal prison for bank robbery.

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07/27/2022

DOJ charges 36 over $1.2B in phony telehealth claim fraud schemes

Fierce Healthcare

Federal prosecutors charged 36 defendants with committing a variety of alleged schemes to bilk Medicare using telehealth, as regulators continue to tinker with how to make the COVID-19 telehealth boom permanent.

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07/27/2022

NCR Says Financial Literacy Should Be Left to Community Banks and Credit Unions, Not TikTok

PYMNTS.com

Strong growth in digital banking during the pandemic didn’t come with seminars in financial literacy.

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07/27/2022

Is any organisation risk and data breach free?

The State of Security

I walked into a business the other day. After a long conversation about the client’s need for cybersecurity and the implementation of the ISO27001 security standard, we talked about their risk appetite.

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07/27/2022

The 2022 API Security Trends Report

Nonamesecurity.com

451 Research asked participants about their API landscape, API security tools, maturity level of API security within the organization, and more. In this API security trends report, we dive into the key findings.

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07/25/2022

Is Writing a Check Still Safe?

Money Talks news

Every time you pay by check, you hand your bank account numbers to a stranger.

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07/25/2022

Philadelphia-area men charged with stealing, washing checks from USPS mailboxes

Fox 29

PHILADELPHIA - An alleged mail fraud scheme could mean prison time and $1-million-fines for three men from the Philadelphia area.

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07/25/2022

Employees terrorized and threatened in Florida bank robbery; FBI offers $10,000 reward

CBS 12 News

MIAMI. Fla. (CBS12) — A reward of up to $10,000 is being offered by FBI Miami for any information regarding the individuals responsible for the robbery of a Centennial Bank branch on April 6.

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07/25/2022

As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems

PYMNTS.com

Inflation continues to rear its ugly head, but PYMNTS’ data finds that some aspects of consumer spending — such as the share of consumers in the United States spending on travel and average retail product spend — are bouncing back.

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07/25/2022

District notes reveal new details of cyber attack at Cedar Rapids Schools

KCRG.com

CEDAR RAPIDS, Iowa (KCRG) - While the district has refused to answer questions or offer public details about a cyber attack that shut down the district for a week, new emails sent to staff are revealing some new details of the ongoing impacts.

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07/25/2022

Zelle Scams: Protect Yourself to Stop Thieves in Their Tracks

Cnet.com

The banking payment service Zelle acts as a quick and easy way to send money or pay for purchases from private sellers, but its transactions are instant and irreversible -- making it an attractive target for scammers and thieves.

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07/25/2022

T-Mobile settles to pay $350M to customers whose personal information was stolen

ABC 7 News

Personal data like social security numbers had been stolen in a cyberattack.

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07/22/2022

Massive Losses Define Epidemic of ‘Pig Butchering’

Krebs on Security

U.S. state and federal investigators are being inundated with reports from people who’ve lost hundreds of thousands or millions of dollars in connection with a complex investment scam known as “pig butchering,” wherein people are lured by flirtatious strangers online into investing in cryptocurrency trading platforms that eventually seize any funds when victims try to cash out.

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07/22/2022

Banks’ Increased Liabilities on P2P Fraud May Have Silver Lining

PYMNTS.com

Call it a reset on how the Consumer Financial Protection Bureau (CFPB) views authorized P2P fraud — and by extension, just who’s on the hook to make consumers whole.

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07/22/2022

Federal consumer finance watchdog to tighten bank rules around money-transfer scams, report says

CNBC

The Consumer Financial Protection Bureau plans to tighten rules around fraudulent money transfers via services like Zelle by pushing banks to repay more customers harmed by these alleged scams, according to a report published Tuesday in The Wall Street Journal.

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07/22/2022

Global Identity Theft Protection Services Market 2022 - Industry Analysis, Segments, Value Chain and Key Trends 2030

Newswires

NEWARK, UNITED STATES, July 21, 2022 /EINPresswire.com/ -- Global Identity Theft Protection Services Market 2022 offers a dashboard overview and provides vital information on each parameter required for making strategic decisions to lead the market.

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07/22/2022

This Is How Common Identity Theft Is In Arizona

Patch.com/Arizona

Identity theft is on the rise in the United States. According to the Federal Trade Commission's Consumer Sentinel Network report, the number of reported cases more than doubled from about 650,500 in 2019 to 1.39 million in 2020.

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07/22/2022

Combating check fraud: Still a major challenge in the digital age

ABA Banking Journal

Checks remained the payment method most impacted by fraud activity (66 percent), reports from the 2021 Association for Financial Professionals Payments Fraud and Control Survey. Financial institutions encounter deposit fraud in many ways, including counterfeits, forgeries, alterations, serial numbers, stop payments and check kiting.

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07/22/2022

Senators to CFPB: Use Authority to Protect Consumers From P2P Payment Scams

PYMNTS.com

The Consumer Financial Protection Bureau (CFPB) should use its authority under Regulation E and the Electronic Fund Transfer Act (EFTA) to protect consumers from payment scams on peer-to-peer (P2P) services like Zelle, according to a letter sent to the agency by six U.S. Senators, all Democrats.

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07/22/2022

Expertise, Experience and Focus Are Critical When Choosing a Crypto Payments Processor

PYMNTS.com

Welcome to the first article in a new PYMNTS series, “The Merchants Guide to Accepting Crypto: The Questions to Ask,” which aimed at helping merchants big and small, online and in-store, that want to accept crypto payments figure out what they need to know to move ahead.

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07/22/2022

As the Number of Payment Methods Consumers Use Increases, So Do Two Key Problems

PYMNTS.com

Inflation continues to rear its ugly head, but PYMNTS’ data finds that some aspects of consumer spending — such as the share of consumers in the United States spending on travel and average retail product spend — are bouncing back.

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07/22/2022

Bank robber caught after accidentally dropping wallet, says deputy

Darik.news

GREENville, SC (Fox Carolina) – A bank robber accidentally left a calling card behind, leading to his arrest, said the Greenville County Sheriff’s Office.

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07/19/2022

Should Banks Be Liable for Unauthorized Push Payments Fraud?

PYMNTS.com

“Caveat emptor,” goes the old saying — buyer beware.

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07/19/2022

Corporates, Consumers Give Real-Time Payments Fresh Look With $1 Million Transaction Limit

PYMNTS.com

Forty-one percent of firms in the United States already use the RTP® network to send or receive payments.

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07/19/2022

A Deep Dive Into the Residential Proxy Service ‘911’

Krebs on Security

For the past seven years, an online service known as 911 has sold access to hundreds of thousands of Microsoft Windows computers daily, allowing customers to route their Internet traffic through PCs in virtually any country or city around the globe — but predominantly in the United States. 911 says its network is made up entirely of users who voluntarily install its “free VPN” software.

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07/19/2022

Zero-day attacks climb as hackers get more sophisticated

Security Brief

Hackers are moving fast to exploit security vulnerabilities. There was a surge in widespread zero-day attacks last year, with the average time to exploitation down from 42 days in 2020 to just 12 days in 2021.

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07/19/2022

Online payment fraud losses to exceed $343 billion

Help Net Security

Cumulative merchant losses to online payment fraud globally between 2023 and 2027 will exceed $343 billion, according to Juniper Research.

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07/19/2022

Inflation Isn’t Hurting the Payments Sector — Yet — Says Payroc CEO

PYMNTS.com

We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the next with no relief in sight. Some are going as far as calling it “the year of catastrophe.” Others think that’s an overreaction, particularly in payments.

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07/17/2022

Three teens in Madison accused of car and identity theft

NBC 15

MADISON, Wis. (WMTV) - Three teens who are accused of identity theft and stealing a vehicle were arrested after investigators used an apartment complex’s surveillance cameras to determine which apartment they fled to, according to a Madison Police Department report.

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07/17/2022

Imposter Scams

FTC

Imposter scams come in many varieties, but work the same way: a scammer pretends to be someone you trust to convince you to send them money. Learn how to spot an imposter scam.

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07/12/2022

Email scams are getting more personal – they even fool cybersecurity experts

The Conversation

We all like to think we’re immune to scams. We scoff at emails from an unknown sender offering us £2 million, in exchange for our bank details.

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07/12/2022

FBI Warns of Spike in Rental and Real Estate Scams

FBI

As rents, home prices, and inflation surge in today’s highly competitive real estate market, the FBI Boston Division is warning the public about the risk of rental scams, and the need to be cautious when posting and responding to rental properties and real-estate online.

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07/12/2022

Keep an eye on your Experian accounts: Some profiles hijacked using personal info

The Register

Experian customers are reportedly at risk of having their accounts hijacked by fraudsters who only need a victim's personal information and a different email address to recreate an account in their name.

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07/12/2022

Microsoft Patch Tuesday, July 2022 Edition

Krebs on Security

Microsoft today released updates to fix at least 86 security vulnerabilities in its Windows operating systems and other software, including a weakness in all supported versions of Windows that Microsoft warns is actively being exploited.

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07/10/2022

PYMNTS Intelligence: Fighting Fraud While Ensuring Money Mobility

PYMNTS.com

Maximizing money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made fraud a pervasive threat to this ideal.

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07/10/2022

Miami woman sentenced in $1.2 million check-kiting scheme

Four States Home Page

TULSA, Okla. – A Miami woman was sentenced Thursday to five months in federal prison for participating in a $1.2 million check-kiting scheme.

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07/10/2022

Apps that hack your device and empty your bank account

Codelist

If your cell phone has an Android operating system, it has many advantages, including the wide range of versions and extensions that you can download to your device.

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07/10/2022

See who is affected by the new stimulus check scam texts that have millions of people on alert.

Techno Trenz

The promise of stimulus checks is being used as bait by scammers in phishing attacks.

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07/06/2022

Glenham Man Sentenced for Bank Fraud

The United States Attorneys Office ~ District of South Dakota

United States Attorney Alison J. Ramsdell announced that a Glenham, South Dakota, man convicted of Bank Fraud was sentenced on June 27, 2022, by U.S. District Judge Charles B. Kornmann.

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07/06/2022

Two Women Charged with Wire Fraud for Stealing Millions in COVID Relief Funds

FBI

Two women, Tequisha Solomon and Takara Hughes, have been charged with engaging in fraud schemes to steal millions of dollars in COVID-19 relief funds.

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07/06/2022

Did you pay a scammer through Western Union? Check the new deadline for refunds

FTC

Refunds are still available to people who were tricked into wiring money to scammers through Western Union between January 1, 2004 and January 19, 2017.

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07/05/2022

Defending against impersonator scams

FTC

American servicemembers sacrifice so much to honorably defend the nation. But dishonorable scammers make it their mission to con servicemembers out of their hard-earned money and benefits by pretending to be trusted companies and government agencies.

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07/05/2022

Medical scams: Educate yourself and your loved ones

Security Boulevard

We’ve covered the dangers and necessary defenses against various scams, including romance scams, supply chain scams, financial scams, lottery scams, and vishing scams, but now we turn our attention to what could be the most personal and invasive of scams – the medical scam.

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07/05/2022

PYMNTS Intelligence: Combining Pre-Submit and Post-Submit Data to Stop Digital Fraud

PYMNTS.com

Identity fraud is a growing problem in the United States.

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07/05/2022

Eureka woman loses $357,000 in scam

myleaderpaper.com

Eureka Police and the U.S. Postal Inspection Service are investigating a scam that cost a 67-year-old Eureka woman $357,000.

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06/30/2022

Man arrested following fake check scam in ND

KFYR TV

JAMESTOWN, N.D. (Valley News Live) - One man is facing charges after police say he wrote fake checks and cashed them at North Dakota banks.

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06/30/2022

FTC Sues Walmart for Facilitating Money Transfer Fraud That Fleeced Customers Out of Hundreds of Millions

FTC

Lawsuit Alleges Walmart Turned a Blind Eye to Fraud, Seeks Cash Back for Consumers

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06/29/2022

The Link Between AWM Proxy & the Glupteba Botnet

Krebs on Security

On December 7, 2021, Google announced it was suing two Russian men allegedly responsible for operating the Glupteba botnet, a global malware menace that has infected millions of computers over the past decade.

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06/29/2022

Five Ways the Gaming & Gambling Industry is Targeted by Bad Bots

Security Boulevard

Let’s play a game of chance: What are the odds that your gaming website is being targeted by bad bots? Imperva research suggests they’re higher than you may think. Imperva’s 2022 Bad Bot Report reveals that 53.9 percent of traffic to gaming and gambling websites comes from bad bots.

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06/29/2022

Common Online Scams And How To Avoid Them

Forbes Advisor

Mary was lonely. The recently divorced mom of three was ready to dip her toe back into the Orlando, Florida, dating scene and decided to try her luck with a matchmaking app. She soon met Todd.

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06/29/2022

FBI searching for ‘Man in Brown Bandit’ after second bank robbery

Fox 34

LUBBOCK, Texas (KCBD) - The FBI continues to work with Clovis Police to catch the “Man in Brown Bandit” after a second bank robbery in Clovis.

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06/28/2022

Over $1 Billion Lost to Cryptocurrency Scams in Last 15 Months

Money

U.S. consumers reported losing more than $1 billion to fraud involving cryptocurrencies from the start of 2021 through March 31, 2022, according to new data from the Federal Trade Commission (FTC).

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06/28/2022

Lawsuit charges that grant-writing services firm bilked minority-owned businesses

FTC

For small businesses trying to stay afloat during the pandemic, a company that sold grant-writing services seemed to offer a lifeline.

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06/28/2022

Hackers can bring ships and planes to a grinding halt. And it could become much more common

CNBC

Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build.

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06/28/2022

Privacy group seeks to put faces on cyberattack victims

Axios

A privacy group launched a campaign Monday aiming to show the human toll that cyberattacks have taken on activists, businesses and institutions.

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06/28/2022

Russian hackers claim responsibility for cyberattack on Lithuania

Aljazeera

Hacking group claimed attack in response to decision by Vilnius to ban transit of goods to Russia’s Kaliningrad enclave.

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06/28/2022

FBI continues search for ‘out of gas robber’ after another bank robbery

KRQE News 13

ALBUQUERQUE, N.M. (KRQE) – Albuquerque Police and the FBI are looking for a man suspected in two bank robberies. Federal investigators say the man demanded money from a teller at the First Financial Credit Union and then fled on foot.

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06/28/2022

Ringleader of check fraud scheme gets 5 years in prison

Seattle PI

PROVIDENCE, R.I. (AP) — The ringleader of a plot that defrauded multiple Rhode Island banks out of tens of thousands of dollars through a counterfeit check scheme has been sentenced to five years in prison, federal prosecutors said Monday.

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06/28/2022

PayPal’s First Business Credit Card Helps SMBs Earn Cash on B2B Spend

PYMNTS.com

For small businesses — long the bedrock of Main Street — the cash crunch has never been more acute.

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06/26/2022

Meet the Administrators of the RSOCKS Proxy Botnet

Krebs on Security

Authorities in the United States, Germany, the Netherlands and the U.K. last week said they dismantled the “RSOCKS” botnet, a collection of millions of hacked devices that were sold as “proxies” to cybercriminals looking for ways to route their malicious traffic through someone else’s computer.

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06/26/2022

Credit union fraud scheme, Greenfield man charged with 87 counts

Fox 6 Now

MOUNT PLEASANT, Wis. - A Greenfield man is charged with 87 total counts – including more than 30 that are fraud-related.

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06/26/2022

Eight Charged in $7 Million Loan Fraud Scheme

The United States Department of Justice

Eight defendants were charged in the Eastern District of Pennsylvania today with scheming to fraudulently obtain more than $7 million in Paycheck Protection Program (PPP) loans, Economic Injury Disaster Loans (EIDL), and pre-pandemic Small Business Administration (SBA) loans.

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06/26/2022

How to Catch a Cyberthief

PYMNTS.com

It’s a scary fact, but anti-fraud experts agree that cybertheft rings are now well-funded multinationals with revenue goals of their own.

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06/26/2022

Chinese National Pleads Guilty to Cyberstalking, Identity Theft

The United States Attorneys Office District of Minnesota

MINNEAPOLIS – A Chinese national has pleaded guilty to identity theft and cyberstalking involving a Minnesota college student, announced U.S. Attorney Andrew M. Luger.

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06/26/2022

Florida identity theft up 175% since start of pandemic

WESH 2

Throughout the pandemic, as the number of COVID-19 cases went up, the amount of identity theft reports rose too, according to QuoteWizard.

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06/26/2022

Law in the Marketplace: Beware the “bad check” scam

concordmonitor.com

If you’re a lawyer or accountant, a client may request you to deposit in your bank account a check from a customer of your client from which the client wants you to make a payment to the client herself when a client deal closes.

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06/23/2022

Scammers steal $317,000 from Baltimore workers’ compensation program; city able to recover most stolen funds

The Baltimore Sun

Out-of-state scammers stole more than $317,200 from a Baltimore bank account used to pay city employees’ workers’ compensation insurance, the Baltimore inspector general announced Tuesday.

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06/23/2022

Group robs armored truck replenishing Bank of America drive-thru ATM in Calumet City, FBI says

ABC 7 Chicago

CALUMET CITY, Ill. (WLS) -- A group of four people robbed an armored truck at a drive-thru ATM Tuesday in south suburban Calumet City, the FBI said.

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06/23/2022

Bank robber escapes in tractor-trailer, Ark. police say

KFVS 12

MARION, Ark. (WMC) - Police in Marion, Arkansas, are trying to track down a bank robber.

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06/23/2022

Police still searching for woman, getaway driver after south-side bank robbery

KENS 5

Police said an older woman handed the teller a note that said if she didn't give her $20,000, the person she came with would come inside and "shoot everybody."

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06/21/2022

Stolen excavator used in ATM bank robbery early Sunday morning in St. John's

Saltwire

ST. JOHN'S, N.L. — Thieves used a stolen excavator to rob a bank’s automated teller machine in a brazen overnight incident in St. John’s Sunday.

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06/21/2022

Five active ransomware gangs and their tactics (part one)

Cyber Security Hub

Discover some of the most recent cyber attacks carried out by the top cyber criminals active today.

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06/21/2022

Phishing Attacks Broke All Records in the First Quarter of 2022

Digital Information World

Ransomware attacks were the most notorious forms of cyber attacks that were recorded in 2021, but with all of that having been said and now out of the way it is important to note that 2022 is shaping up to be the year of the Phish so to speak.

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06/21/2022

Regina Public Schools systems mostly back online after cyber attack

Leader Post

Most of Regina Public School's online systems are back up and running nearly a month after the division fell victim to a cyber attack that forced it to shut everything down.

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06/21/2022

Identity Theft Is Up 158% in Wyoming, Report Says Read More: Identity Theft Is Up 158% in Wyoming, Report Says

KGAB

According to a new report from QuoteWizard, there has been a 145% increase in identity theft reports since the COVID-19 pandemic began.

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06/21/2022

VIDEO: Police searching for team of 5 who stole 40 ATMs, 2 cars

1010 Wins News

NEW YORK (1010 WINS) -- Police are searching for five unidentified suspects they believe are responsible for breaking into 40 different businesses to steal ATMs over the course of six months.

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06/21/2022

Report: Banks Resist Refunds for Unauthorized Zelle Payments

PYMNTS.com

A slew of regulatory issues and new methods of stealing money from peoples’ bank accounts are changing how banks handle fraud and theft claims, The New York Times reported Monday (June 20).

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06/15/2022

Ransomware Group Debuts Searchable Victim Data

Krebs on Security

Cybercrime groups that specialize in stealing corporate data and demanding a ransom not to publish it have tried countless approaches to shaming their victims into paying.

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06/15/2022

Microsoft Patch Tuesday, June 2022 Edition

Krebs on Security

Microsoft on Tuesday released software updates to fix 60 security vulnerabilities in its Windows operating systems and other software, including a zero-day flaw in all supported Microsoft Office versions on all flavors of Windows that’s seen active exploitation for at least two months now.

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06/14/2022

Hackers Gonna Hack: Cyber Defense Not the Only Way to Shake ‘Em Off

Clearance Jobs

Ransomware attacks against municipalities have steadily increased in recent years, and according to the 2022 Cyber Security Statistics report from PurpleSec, 48 of 50 U.S. states, as well as the District of Columbia, experienced at least one ransomware attack between 2013 and 2018.

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06/14/2022

Suspects on the run after robbing bank patron

WDTN.com

MIAMISBURG, Ohio (WDTN) — Two suspects are on the loose after robbing the patron of a Miamisburg bank Monday morning.

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06/14/2022

“Downthem” DDoS-for-Hire Boss Gets 2 Years in Prison

Krebs on Security

A 33-year-old Illinois man was sentenced to two years in prison today following his conviction last year for operating services that allowed paying customers to launch powerful distributed denial-of-service (DDoS) attacks against hundreds of thousands of Internet users and websites.

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06/12/2022

Las Vegas Tax Preparer Pleads Guilty To Identity Theft And Money Laundering Crimes

The United States Attorney's Office District of Nevanda

LAS VEGAS – A Nevada man pleaded guilty yesterday to aggravated identity theft, wire fraud and money laundering. On March 28, he pleaded guilty to a separate indictment charging him with filing false tax returns with the IRS on behalf of clients, aggravated identity theft, wire fraud and impersonating an FBI agent.

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06/12/2022

Adconion Execs Plead Guilty in Federal Anti-Spam Case

Krebs on Security

At the outset of their federal criminal trial for hijacking vast swaths of Internet addresses for use in large-scale email spam campaigns, three current or former executives at online advertising firm Adconion Direct (now Amobee) have pleaded guilty to lesser misdemeanor charges of fraud and misrepresentation via email.

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06/12/2022

The Makings of a Million-Dollar Facebook Phishing Campaign

Bank Info Security

A massive phishing campaign used stolen credentials to log into Facebook user accounts and send phishing page links leading to the victims' friends to harvest their credentials, say researchers at PIXM, a New York-based cybersecurity firm that focuses on artificial intelligence.

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06/12/2022

10 popular apps that are dangerous for Android and iPhone

Kim Komando

Popularity is a pretty convincing smokescreen. When you hear other people raving about how well an app works, you might download it without a second thought. Unfortunately, tons of popular apps are dangerous for Android and iPhone.

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06/12/2022

Suspect arrested for allegedly passing $350K in bad checks

St. George Utah

ST. GEORGE — A suspect accused of writing $350,000 in bad checks was arrested in Washington City on Thursday and allegedly told police he did so because he was being threatened.

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06/12/2022

More charges filed in nationwide fraud scam targeting elderly victims

The United States Attorney's Office Southern District of Texas

HOUSTON – A 24-year-old Indian citizen has been taken into custody on charges related to a large nationwide conspiracy to commit mail fraud, announced U.S. Attorney Jennifer B. Lowery.

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06/12/2022

FBI busts online black market selling millions of stolen Social Security numbers

BGR.com

US law enforcement officials have shut down a series of websites making $19 million in revenue by selling stolen data.

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06/09/2022

Flagler residents report 'spoofing' scam involving Bunnell Police Department

First Coast News

The caller identifies themselves as the Bunnell Police Department with an arrest warrant and instructs the person to provide credit card information.

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06/09/2022

Job scams are on the rise. Watch out for these red flags

KCRA 3

The strong labor market has given us near-record low unemployment, higher wages -- and an unfortunate uptick in the number of reports of job seekers getting scammed.

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06/09/2022

NEW REPORT: Why Two-Thirds of US Businesses Resist Real-Time Payments Adoption

PYMNTS.com

Real-time payments have become one of the key tools that United States businesses have at their disposal to keep their business-to-business (B2B) operations running smoothly.

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06/08/2022

Cryptocurrency scams and the LGBTQ+ community

FTC

Cryptocurrency is the latest way that scammers are asking people to pay. And that’s important to know, since recent reporting suggests that crypto scams have an outsized impact on the LGBTQ+ community.

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06/07/2022

Cybereason: Paying ransoms leads to more ransomware attacks

TechTarget

Cybereason found that the majority of organizations that pay threat actors to decrypt data are attacked again -- usually within a month and at the hands of the same attackers.

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06/07/2022

New Survey Reveals 83% of Americans Have Received Scam Attempts in 2022

Bakersfield.com

If it seems like you’re receiving more spam than normal, you probably are.

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06/07/2022

More ‘Dirty Dozen’: Tax refund theft and fake charity appeals

Journal of Accountancy

Common ploys by which thieves con taxpayers out of their tax refunds figured among this year's second installment Monday of the IRS's "Dirty Dozen" warnings.

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06/07/2022

Personal Information of Over 30,000 Students Exposed in Unprotected Database

Security Week

The personal information of more than 30,000 students was found on an improperly secured Elasticsearch server, security researchers with SafetyDetectives report.

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06/07/2022

ITRC, LexisNexis Risk Solutions Release Report on Pandemic-Related Identity Fraud; Haywood Talcove Quoted

Executive BIZ

A new report by LexisNexis Risk Solutions and the Identity Theft Resource Center has found that 42 percent of individuals who applied for pandemic-related benefits said they were victims of identity fraud that resulted in them either being denied benefits or being recipients of benefits they had not applied for.

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06/07/2022

Bitcoin Leads Crypto Fraud As FTC Confirms $1 Billion Milestone

Forbes

Victims have lost over $1 billion in cryptocurrency scams between January 2021 and March 2022 according to a report released by the Federal Trade Commission on Friday.

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06/07/2022

FBI warns of fraud scheme targeting South Carolina businesses

Count on News 2

CHARLOTTE, N.C. (WCBD)- The FBI Charlotte Division has issued a warning about a fraud scheme targeting businesses in eight states, including South Carolina.

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06/07/2022

The Clearing House: Digital Dollar Is a Solution in Search of a Problem

PYMNTS.com

The banking industry had its say about the Federal Reserve’s ongoing investigation of a digital dollar last week, and it’s fair to say that it fell somewhere between opposition and outrage.

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06/07/2022

Fake Identity, Real Problem

FRB

As the threat of synthetic identity fraud continues to grow, the Federal Reserve is committed to supporting the payments industry in its fight against this type of fraud.

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06/05/2022

What Counts as “Good Faith Security Research?

Krebs on Security

The U.S. Department of Justice (DOJ) recently revised its policy on charging violations of the Computer Fraud and Abuse Act (CFAA), a 1986 law that remains the primary statute by which federal prosecutors pursue cybercrime cases.

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06/05/2022

Twitter fined $150M for selling user data

Security Boulevard

According to a court complaint filed by the U.S. Department of Justice (DoJ), “While Twitter represented to users that it collected their telephone numbers and email addresses to secure their accounts, Twitter failed to disclose that it also used user contact information to aid advertisers in reaching their preferred audiences.”

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06/05/2022

PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud

PYMNTS.com

The pandemic has altered day-to-day life in countless ways, driving a digital shift in banking, commerce and countless other services.

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06/05/2022

Scammers pretend to be U.S. Customs and Border Protection

FTC

Has the U.S. Border Patrol called you? No, they haven’t. But a scammer might have. In fact, scammers often pretend to be from government agencies to trick you into sending them money or sharing personal information.

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06/03/2022

Wells Fargo Facing Class-Action Lawsuit Over Alleged Zelle Scams

PYMNTS.com

Wells Fargo and money transfer service Zelle are facing a class-action lawsuit on allegations of violating the Electronic Fund Transfer Act and California’s Unfair Competition Law, according to the legal proceedings filed by Kazerouni Law Group.

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06/02/2022

New Tech Helps Merchants, Banks Beat Back Rising Tide of Friendly Fraud

PYMNTS.com

Sometimes the biggest threats come from the foes who pose as friends, spinning tales that seem legitimate and often urgent. And then comes the realization:

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06/02/2022

Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat

PYMNTS.com

Digital payments are quickly becoming the new normal, but there is still a sizable contingent of consumers that prefer cash or paper checks.

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06/02/2022

REPORT: Two-Thirds of US Digital Banking Customers Choose Security Over Convenience

PYMNTS.com

As life becomes more digitally connected, consumers increasingly expect that all online transactions will be highly secure, simple and convenient.

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06/01/2022

Building a More Secure Cloud: 5 Strategies for 2022

The State of Security

Cloud adoption continues to soar. More than two-thirds of small to mid-sized businesses intend to increase their use of cloud technologies over the next few years. While the cloud comes with many security benefits, it also carries unique concerns.

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06/01/2022

Costa Rica May Be Pawn in Conti Ransomware Group’s Bid to Rebrand, Evade Sanctions

Krebs on Security

Costa Rica’s national health service was hacked sometime earlier this morning by a Russian ransomware group known as Hive.

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05/31/2022

Cybercriminals target metaverse investors with phishing scams

CNBC

A nurse in rural Maine. A fitness instructor in Colorado. A venture capitalist in Florida.

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05/31/2022

10 Strategies to Stop Ransomware Attacks

Security Boulevard

A ransomware attack can hold your organization’s data hostage. Attackers demand payment to release the information. Here are some ways to stop ransomware attacks.

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05/31/2022

Scammers are offering student loan (un)forgiveness

FTC

The U.S. Department of Education recently announced another extension of the student loan payment pause.

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05/31/2022

Kidnap Victim Asks for ‘Help Loan’ at Bank, Employees Set Off Silent Alarm

Crime Online

An alert Pennsylvania bank employee helped rescue a kidnapped woman on Wednesday when her captor brought her in to apply for a loan and she asked for a “help loan.”

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05/30/2022

BBB Tips: Job scams

Columbia Daily Tribune

With the Great Resignation showing no signs of slowing down, Better Business Bureau® (BBB®) warns job seekers to use caution when job-hunting online.

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05/30/2022

Lafayette man arrested for stealing checks from mailboxes

KTBS 3

LAFAYETTE, La. (AP) - One man is in custody and more arrests are expected after Lafayette Police say they caught someone stealing as much as $600,000 in checks from U.S. Postal Service drop boxes in the Lafayette area.

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05/30/2022

Phone-to-iPhone Tap to Pay Launches at Apple Stores

PYMNTS.com

Apple will begin rolling out its new Tap to Pay feature for the public, a report said Wednesday (May 25).

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05/27/2022

Today in Crypto: Andreessen Horowitz Debuts $4.5B Crypto Fund; WeWork's Neumann Starts Crypto Credit Climate Firm Flowcarbon

PYMNTS.com

Andreessen Horowitz has set up a new crypto fund, its fourth, which will total $4.5 billion, a company blog said Wednesday (May 25).

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05/27/2022

Phone-to-iPhone Tap to Pay Launches at Apple Stores

PYMNTS.com

Apple will begin rolling out its new Tap to Pay feature for the public, a report said Wednesday (May 25).

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05/25/2022

Why the Cybersecurity Industry Needs to Change Its Siloed Perception

The State of Security

As high-profile data theft incidents continue to rise and become more sophisticated, there is a greater-than-ever need for emerging businesses to take their cybersecurity seriously.

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05/25/2022

Your social media account hasn’t been hacked, it’s been cloned!

The State of Security

A recent Facebook post from a family member made me realize that I needed to write about an overused term.

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05/25/2022

BBB warns college grads to watch out for these scams

News 4 JAX

College graduates are navigating many life changes, and scammers are eager to take advantage of their inexperience. The following tips can help new grads avoid common scams.

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05/25/2022

Sheriff's warning: More stolen mail can mean more ID theft, bank or credit card fraud

CBS 12 News

FORT PIERCE, Fla. (CBS12) — More mail theft complaints have been coming in so a sheriff on the Treasure Coast is warning all victims: It leaves you vulnerable to identity theft, bank or credit card fraud, loss of property and more.

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05/25/2022

FedNow Pilot Brings New Features, Use Cases for Instant Payments in '23 and Beyond

PYMNTS.com

Round-the-clock, real-time payments often are credited to the Venmos and PayPals of the world.

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05/25/2022

FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers

PYMNTS.com

Long live the digital transformation — given that it’s secure.

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05/24/2022

5 Steps to a Successful Crypto AML Program

The Block Crypto

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them.

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05/24/2022

Postal Employee and Son Charged with Conspiracy Involving Stolen Postal Money Orders Worth Over $5 Million

US Attorney's Office Southern District of California

SAN DIEGO – U.S. Postal Service employee Dewayne Morris Sr. and his son and namesake are charged in federal court with multiple felony counts of bank fraud and conspiracy in connection with the theft of $5 million in Postal money order forms.

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05/24/2022

VSP seeking public’s help with identifying check fraud suspect

WHSV 3

HARRISONBURG, Va. (WHSV) - The Virginia State Police Bureau of Criminal Investigation’s Appomattox Field Office is seeking the public’s help with identifying and locating a woman wanted for defrauding banks in Charlottesville, Augusta County and Harrisonburg.

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05/24/2022

FBI Designates 61 Active Shooter Incidents in 2021

FBI

In 2021, the FBI designated 61 shootings as active shooter incidents.

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05/24/2022

Man that turned himself into Wausau Police appears in court

WSAW

WAUSAU, Wis. (WSAW) - The 62-year-old man who turned himself after he was named a person of interest in a bank robbery has appeared in court on unrelated charges.

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05/23/2022

Criminals using deed fraud, identity theft to steal Arizona homes

AZ Family

Debi Gotlieb knew something was wrong when she could not find her late father’s home on the county assessor’s web page.

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05/23/2022

Big tech pushes passwordless for payments

Payments Dive

Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that’s aimed at improving digital identity verification, including for payments.

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05/23/2022

Senators Urge FTC to Probe ID.me Over Selfie Data

Krebs on Security

Some of more tech-savvy Democrats in the U.S. Senate are asking the Federal Trade Commission (FTC) to investigate identity-proofing company ID.me for “deceptive statements” the company and its founder allegedly made over how they handle facial recognition data collected on behalf of the Internal Revenue Service, which until recently required anyone seeking a new IRS account online to provide a live video selfie to ID.me.

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05/23/2022

Visa Using AI to Eliminate Pending Charges

PYMNTS.com

Sometimes, it’s the little things that create the biggest frictions.

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05/23/2022

Watch: 22-year-old sentenced to 40 years in prison for 2019 kidnapping of bank manager and her children

Kenosha News

RACINE — A Milwaukee man who was part of a 2019 bank robbery scheme that involved the kidnapping of a pregnant bank manager from Kenosha and her two children was sentenced to 40 years in prison on Monday in Racine County Circuit Court.

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05/23/2022

ICE HSI Task Force busts $2 million unemployment fraud scheme

ICE

LOS ANGELES — Investigators with Homeland Security Investigations (HSI) led El Camino Real Financial Crimes Task Force arrested five people Tuesday.

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05/23/2022

Mitigating Synthetic Identity Fraud with Technology, Data and Information Sharing

Federal Reserve Bank

The Federal Reserve is working with the industry to identify and mitigate synthetic identity fraud.

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05/23/2022

Drug treatment referral service took advantage of addictions to make a quick buck

FTC

If you or someone you know needs help dealing with a drug or substance addiction, you may turn to companies that say they can connect you with appropriate treatment programs and services.

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05/23/2022

Hang up on imposter scams

FTC

When people encounter scams or bad business practices, they report them to the FTC.

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05/23/2022

Half of Banks Report New Urgency to Offer Embedded Biz Payments Innovation

PYMNTS.com

Modernizing payments is a critical initiative for financial institutions (FIs) and corporations of all sizes.

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05/23/2022

Cyberattacks target New Mexico school districts

KOAT.com

In January, Albuquerque public schools were forced to cancel classes because of a district-wide cyber-attack.

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05/23/2022

Carmel man sentenced for wire fraud

WISHTV.com 8

HAMMOND, Ind. (Inside INdiana Business) — A Carmel man has been sentenced to seven years in prison after being convicted of wire fraud and conspiracy to commit securities fraud.

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05/17/2022

What To Do If Your Travel Or Credit Card Rewards Are Stolen

Forbes Advisor

Data breaches are becoming far too common, but they mainly impact credit cards. While most folks are taking steps to secure their credit card accounts and protect against identity thieves, few are taking the same steps against credit card points theft.

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05/17/2022

Identity fraud: is a digital reshuffle needed as dangers increase?

Biometric Update

The process we call online identity verification involves the storage and use of data from sources such as physical identity documents, like passports, and the documentation of the face, via selfies or videos.

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05/17/2022

When Your Smart ID Card Reader Comes With Malware

Krebs on Security

Millions of U.S. government employees and contractors have been issued a secure smart ID card that enables physical access to buildings and controlled spaces, and provides access to government computer networks and systems at the cardholder’s appropriate security level.

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05/17/2022

Fargo police arrest man suspected of attempting to break into bank with rocks

Valley News Live

FARGO, N.D. (Valley News Live) - A man was arrested Monday after causing thousands of dollars in damages to a Bell Bank in Fargo.

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05/16/2022

SCAM ALERT Urgent warning about $850 relief check scam – how to get your money and avoid theft

The U.S. Sun

MAINE'S attorney general issued a warning to residents about scammers posing as IRS agents to defraud people. The state is sending out more than 850,000 stimulus checks this summer, and scammers are calling Mainers under the guise of gathering info to send out the money.

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05/11/2022

15-Year-Olds Are Reshaping Banking and Credit, and Changes Are on the Way

PYMNTS.com

The Bank of Mom & Dad (BOMD) isn’t just a sitcom line. One analysis found that parents lent their kids a collective $47 billion in 2019, mostly in the form of down payments on first homes

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05/11/2022

Looking for a new job or considering a business opportunity? Spot signs of a possible scam.

FTC

Scammers often target job seekers and prospective entrepreneurs with bogus employment and money-making offers.

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05/11/2022

Orlando couple out nearly $5K after ATM takeover scheme

Orlando 6

Couple says someone cleaned out account with card they never ordered

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05/11/2022

Microsoft Patch Tuesday, May 2022 Edition

Krebs on Security

Microsoft today released updates to fix at least 74 separate security problems in its Windows operating systems and related software. This month’s patch batch includes fixes for seven “critical” flaws, as well as a zero-day vulnerability that affects all supported versions of Windows.

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05/11/2022

Employing Individuals with Criminal Records

SHRM

It is estimated that nearly 80 million people in the U.S. have a criminal record of some sort—over one-third of the adult population. Yet despite the growing need among U.S. employers for workers, applicants with criminal records often face huge obstacles to achieving gainful employment.

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05/11/2022

What's a 'geofence' warrant? Midlothian bank heist case gets national attention

CT Courier Tribune

A Richmond man pleaded guilty in federal court on Monday to robbing a Midlothian bank of $196,932 in a case that tested the constitutionality of a “geofence” warrant that allowed Chesterfield County police to obtain Google location records of 19 cellphones near the bank at the time of the robbery. The defendant’s phone was among them.

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05/09/2022

Watch for an AdvoCare refund by check or PayPal starting May 5

FTC

If you lost money to AdvoCare — a multi-level marketer of energy drinks, shakes, and supplements that allegedly swindled people out of money through a pyramid scheme — we have good news.

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05/09/2022

Shutting down tech support scams

FTC

With technology, it’s easier than ever to connect with others and people are just a click or call away.

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05/08/2022

Waukesha State Bank robbery suspect, who claimed to have a hand grenade, pleads not guilty to allegation

Milwaukee Journal Sentinel

WAUKESHA - A 63-year-old man who authorities say confessed to an April 8 robbery of Waukesha State Bank has nonetheless pleaded not guilty to the charge.

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05/08/2022

TCH: Tokenization Removes Fraud Risk From Account-to-Account Transfers

PYMNTS.com

There’s a fundamental vulnerability within the great digital shift, amid the contactless payments, the digital wallets, the new and mobile ways in which we pay:

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05/08/2022

Your Phone May Soon Replace Many of Your Passwords

Krebs on Security

Apple, Google and Microsoft announced this week they will soon support an approach to authentication that avoids passwords altogether, and instead requires users to merely unlock their smartphones to sign in to websites or online services.

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05/08/2022

Criminals Are Scamming Zelle Users. Here's How to Keep Your Money Safe

CNET

Criminals are using the peer-to-peer payment service to drain bank accounts. Here's how to protect yourself.

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05/08/2022

Researchers say more than 1,500 stolen checks reported per week, part of dark web mail scheme

WSB-TV 2

COBB COUNTY, Ga. — A fraud scheme has postal workers getting robbed at gunpoint and researchers believe some of these criminals were behind a robbery in Smyrna.

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05/06/2022

Kupuna struck by credit card fraud hopes her story will help others avoid falling victim

KITV 4

HONOLULU (KITV4) -- Credit card fraud was the last thing Loretta Arruda of Halawa said she needed to deal with these days.

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05/06/2022

Woman uses ‘romance scam’ to steal nearly $34K from word game app player, police say

Hawaii News Now

GILBERT, Ariz. (Arizona’s Family/Gray News) - Police said a “romance scam” cost a woman nearly $34,000, and an Arizona woman is facing fraud charges as a result.

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05/06/2022

Scam Alert: New job asked you to interview via app? Be careful

Natchitoches Times

Whenever the economy threatens to take a dip, scammers love to bring back the good old employment scams.

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05/06/2022

More Consumers Buying Crypto and Want More Ways to Spend It

PYMNTS.com

If you want insight into how the cryptocurrency business as a whole is doing these days, look at how people are using it.

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05/06/2022

Inside a scam call: Hear how a con artist does his work

WGAL.com

WGAL continues an 8 On Your Side investigation about scammers conning their way into computers and stealing thousands of dollars.

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05/03/2022

Scam alert: BBB warns of new job interview scam involving messaging app, personal information

WAZ.com

(Gray News) - The Better Business Bureau says scammers love to bring back an employment scam whenever the economy threatens to take a dip.

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05/03/2022

Russia to Rent Tech-Savvy Prisoners to Corporate IT?

Krebs on Security

Faced with a brain drain of smart people fleeing the country following its invasion of Ukraine, the Russian Federation is floating a new strategy to address a worsening shortage of qualified information technology experts: Forcing tech-savvy people within the nation’s prison population to perform low-cost IT work for domestic companies.

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05/03/2022

Brazil Central Bank OKs Singapore's Shopee App as Payment Services Provider

PYMNTS.com

Shopee, the Singaporean shopping app, has gotten authorization from the central bank in Brazil to operate as a payment institution, Reuters reported Monday (May 2).

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05/03/2022

TCH: Tokenization Removes Fraud Risk From Account-to-Account Transfers

PYMNTS.com

There’s a fundamental vulnerability within the great digital shift, amid the contactless payments, the digital wallets, the new and mobile ways in which we pay:

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05/03/2022

Compliance does not equal security: 7 cybersecurity experts share their insights

The State of Security

It is often stated that security is hard. Whether it is the people, processes, and technology, or any combination of the three, security is a never ending challenge.

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05/03/2022

May The Fourth Be with You: Jedi Mind Tricks and Scams

The State of Security

Over the past few years, I’ve used Star Wars Day as a way to talk about two of my favourite things – Star Wars and cybersecurity.

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04/28/2022

DDoS attacks at an all-time-high in Q1 2022, says Kaspersky

The Register

Kaspersky has released a report showing Distributed Denial of Service (DDoS) attacks hit an all-time-high in the first quarter of 2022.

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04/28/2022

Coca-Cola probes pro-Kremlin gang's claims of 161GB data theft

The Register

Coca-Cola confirmed it's probing a possible network intrusion after the Stormous cybercrime gang claimed it stole 161GB of data from the beverage giant.

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04/27/2022

The New Way Banks, FinTechs Are Fighting Financial Crime

PYMNTS.com

Financial institutions’ (FIs’) efforts to meet regulatory compliance standards have become more complicated in the digital age. The acceleration of payments technology has amplified risk and the danger of an ineffectual anti-money laundering (AML) and anti-fraud strategy.

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04/26/2022

Former Co-Owner Of Vikings Pleads Guilty To Providing Shadow Banking Services To Cryptocurrency Exchanges

U.S. Attorney's Office Southern District of New York

Damian Williams, the United States Attorney for the Southern District of New York, announced that earlier today, REGINALD FOWLER pled guilty to bank fraud, bank fraud conspiracy, operation of an unlicensed money transmitting business, conspiracy to operate an unlicensed money transmitting business, and wire fraud.

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04/26/2022

Mastercard, Microsoft Debut Next-Gen ID Tech for Safer Online Shopping

PYMNTS.com

Mastercard and Microsoft Corp. have launched a refreshed identity solution designed to improve online shopping and detect digital fraud, the companies announced Monday (April 25).

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04/25/2022

T-Mobile Breached Again; Lapsus$ Behind the Attack

Gov Info Security

The U.S. telecom carrier T-Mobile has confirmed that the Lapsus$ ransomware group has breached its internal network by compromising employee accounts, according to multiple media reports. But, it says, hackers did not steal any sensitive customer or government information during the incident.

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04/24/2022

Leaked Chats Show LAPSUS$ Stole T-Mobile Source Code

Krebs on Security

KrebsOnSecurity recently reviewed a copy of the private chat messages between members of the LAPSUS$ cybercrime group in the week leading up to the arrest of its most active members last month.

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04/24/2022

Organized Crime Gangs Earn Big Bucks in Shift to Fraud

AARP

Gangs around the globe fuel billion-dollar underground economy

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04/24/2022

Synthetic identity fraud – the bad guys are now creating identities instead of stealing them

KSL.com

SALT LAKE CITY — Identity theft remains one of the top financial crimes in the world, but now, crooks have figured out a new fraud by combining both real and fake personal information to create a new identity.

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04/24/2022

Plainville man convicted in check-kiting scheme that cost banks millions

Hays Post

TOPEKA — A federal jury convicted a Plainville man of 31 counts of bank fraud, one count of making a false statement in connection with a Small Business Administration guaranteed loan, and one count of making a false statement in a loan or credit card application.

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04/20/2022

Three Sioux Falls Men Charged for Roles in Bank Fraud & Money Laundering Conspiracies

US Attorney's Office District of South Dakota

United States Attorney Dennis R. Holmes announced today that three men from Sioux Falls, South Dakota, have been indicted by a federal grand jury for their roles in bank fraud and money laundering conspiracies.

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04/20/2022

Cyber Security Education Firm Aware Force Reports on Most Dangerous Phishing E-mails and Texts Cyber Thieves Sent in Q1 2022

Businesswire

Infected USB drives, bogus Ukraine relief, identity theft and other lures were used to rip off unsuspecting victims.

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04/19/2022

Cyber Security Education Firm Aware Force Reports on Most Dangerous Phishing E-mails and Texts Cyber Thieves Sent in Q1 2022

Businesswire

Infected USB drives, bogus Ukraine relief, identity theft and other lures were used to rip off unsuspecting victims.

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04/19/2022

Recent Mobile Payment Trends And How They Are Shaping The Future

HackRead

Consumers, retailers, banks, and payment processors form a complicated network in today’s payment processing environment.

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04/18/2022

Conti’s Ransomware Toll on the Healthcare Industry

Krebs on Security

Conti — one of the most ruthless and successful Russian ransomware groups — publicly declared during the height of the COVID-19 pandemic that it would refrain from targeting healthcare providers.

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04/18/2022

Watch Out For These IRS and Tax Scams in 2022

Snopes.com

Tax scammers have always targeted our hopes and fears — and the COVID-19 pandemic has given them more ammunition than usual.

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04/18/2022

Report Finds Identity Fraud Up 167% In USPS Change Of Address Requests

Nextgov.com

The USPS Office of the Inspector General recommends stricter identity verification controls online, while management disagrees.

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04/17/2022

Russian hacker charged in East Texas on 30 counts of identity theft, wire fraud

ketk.com

TYLER, Texas (KETK) – A Russian hacker has been indicted in East Texas federal court on thirty counts, ranging from wire fraud to identity theft.

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04/17/2022

Justice Department: Addiction Treatment Facility Owner Convicted in $58 Million Health Care Fraud Scheme

Insurance News Net

WASHINGTON, April 15 -- The U.S. Department of Justice issued the following news release on April 13, 2022:

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04/14/2022

4th person pleads guilty in counterfeit check scheme

SFGATE

PROVIDENCE, R.I. (AP) — A fourth person pleaded guilty Monday to his role in a scheme that recruited homeless people from Rhode Island to cash counterfeit business checks in several New England states in exchange for a small payment, federal prosecutors said.

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04/14/2022

Want to know who stole your identity? Getting your records can help

FTC

Let’s say you learn that an identity thief took out credit in your name, pretending to be you.

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04/12/2022

Actions Target Russian Govt. Botnet, Hydra Dark Market

Krebs on Security

The U.S. Federal Bureau of Investigation (FBI) says it has disrupted a giant botnet built and operated by a Russian government intelligence unit known for launching destructive cyberattacks against energy infrastructure in the United States and Ukraine.

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04/12/2022

‘Modern-day Bonnie and Clyde’ face fraud charges related to mailbox thefts

The United States Attorneys Office ~ Southern District of Georgia

STATESBORO, GA: A man who referred to himself and his girlfriend as a “modern-day Bonnie and Clyde” has been indicted on multiple federal charges for the unlawful use of information gleaned in thefts from mailboxes, while his girlfriend awaits sentencing after admitting to a related charge.

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04/12/2022

RaidForums Gets Raided, Alleged Admin Arrested

Krebs on Security

The U.S. Department of Justice (DOJ) said today it seized the website and user database for RaidForums, an extremely popular English-language cybercrime forum that sold access to more than 10 billion consumer records stolen in some of the world’s largest data breaches since 2015.

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04/12/2022

Thieves Create Makeshift IDs With Synthetic Identity Fraud

Government Technology

According to experts on identity theft, thieves are increasingly using real Social Security numbers with random or fake names to create new identities — otherwise known as synthetic identity fraud.

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04/11/2022

BBB warns of home improvement scams

kait8.com

CAPE GIRARDEAU, Mo. (KFVS) - Think twice before hiring a contractor without reading reviews first

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04/11/2022

Pandemic Relief Fraud: Fake Bank and Business Records Easily Available Online

CPA Practice Advisor

The people who stole taxpayer money did it using bogus documents. And those are easily obtained on websites that are fully functional across the internet.

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04/11/2022

Double-Your-Crypto Scams Share Crypto Scam Host

Krebs on Security

Online scams that try to separate the unwary from their cryptocurrency are a dime a dozen, but a great many seemingly disparate crypto scam websites tend to rely on the same dodgy infrastructure providers to remain online in the face of massive fraud and abuse complaints from their erstwhile customers.

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04/11/2022

Warning: Callers are impersonating FTC Commissioner Noah Phillips

FTC

You’re minding your business and the phone rings. If you don’t screen and ignore it, you answer — and the caller says he’s Commissioner Noah Phillips from the FTC. (He’s not.)

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04/11/2022

Waukesha police arrest bank robber who claimed he had grenade

WISCNEWS

WAUKESHA — Police in Waukesha have arrested a man who allegedly tried to rob a bank Friday by suggesting he was armed with a grenade.

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04/11/2022

Wisconsin man gets prison time after robbing three banks, crashing stolen snowmobile

wearegreenbay.com

(WFRV) – A man from Stoughton was sentenced to prison after he robbed three banks, including one in Tennessee, all within a two-week period.

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04/06/2022

Recent Updates in Two Closely-Watched Cybersecurity and Privacy-Related Securities Fraud Class Actions

JD Supra

Observers have been awaiting decisions in a number of cybersecurity and privacy securities fraud class actions with potentially important implications for corporate liability.

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04/06/2022

The Original APT: Advanced Persistent Teenagers

Krebs on Security

Many organizations are already struggling to combat cybersecurity threats from ransomware purveyors and state-sponsored hacking groups, both of which tend to take days or weeks to pivot from an opportunistic malware infection to a full blown data breach.

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04/04/2022

Hawaii goes online to observe Financial Literacy Month

Victoria Advocate

HONOLULU (AP) — The state Office of the Securities Commissioner is holding a month-long financial education campaign to mark Financial Literacy Month in Hawaii.

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04/04/2022

Honolulu Man Charged in Connection With Series of Incidents on Big Island

Big Island Now - Hawaii

A Honolulu man is being charged in connection with a series of incidents that took place on the Big Island.

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04/04/2022

Fake Emergency Search Warrants Draw Scrutiny from Capitol Hill

Krebs on Security

On Tuesday, KrebsOnSecurity warned that hackers increasingly are using compromised government and police department email accounts to obtain sensitive customer data from mobile providers, ISPs and social media companies.

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04/04/2022

How a fake online romance cost one man almost $300,000

NBC News

“If you think it will never happen to you, you’re wrong," said one fraud expert. "It can and it will."

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03/31/2022

Morgan Stanley Wealth Management accounts breached in ‘vishing’ attacks

SC Media

Earlier this week, Morgan Stanley Wealth Management said cybercriminals broke into accounts using social engineering attacks, according to reports.

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03/31/2022

Account Takeover Fraud Is Getting More Sophisticated. How Can We Beat It?

PaymentsJournal

Fraudsters rapidly evolve their tactics as they look for the path of least resistance.

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03/31/2022

Ukraine neutralises massive cyber attack that paused Internet

Investing.com

Kiev, March 29 (IANS) Ukraine has neutralised a massive cyber-attack on core IT infrastructure that impacted the entire nation.

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03/31/2022

Bank robbers dress as security, make off with about $100,000 on Near West Side

CBS News

CHICAGO (CBS) -- Customers and employees at a Near West Side bank were forced to the floor during a robbery Tuesday afternoon.

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03/29/2022

St. Cloud Bank Hostage Suspect Found Incompetent to Stand Trial

KNSI Radio

(KNSI) – A man accused of holding five hostages during an attempted robbery at a bank in St. Cloud has been found incompetent to stand trial.

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03/29/2022

Mansfield woman issues warning after losing $5,500 in cryptocurrency fraud

5 News Cleveland

MANSFIELD, Ohio — Lois Guthery of Mansfield has lost much of her confidence in trusting anyone after she lost $5,500 in a cryptocurrency-related fraud last month.

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03/29/2022

Suspect arrested in early morning armed robbery

Kelo News

SIOUX FALLS, S.D. (KELO) — Police have arrested a suspect in an early morning armed robbery in Sioux Falls.

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03/29/2022

Hackers Gaining Power of Subpoena Via Fake “Emergency Data Requests”

Krebs on Security

There is a terrifying and highly effective “method” that criminal hackers are now using to harvest sensitive customer data from Internet service providers, phone companies and social media firms.

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03/29/2022

Hackers Gaining Power of Subpoena Via Fake “Emergency Data Requests”

Krebs on Security

There is a terrifying and highly effective “method” that criminal hackers are now using to harvest sensitive customer data from Internet service providers, phone companies and social media firms.

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03/29/2022

Donating with crypto? Watch out for scams.

FTC

You may have heard that the government of Ukraine is receiving donations by cryptocurrency. Unfortunately, scammers have heard this too and they’ve been posting on social media, as well as sending direct messages, to trick people into sending them money.

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03/29/2022

Thinking about investing in cryptocurrency? Here’s how to avoid getting scammed

Hawaii News

HONOLULU (HawaiiNewsNow) - As cryptocurrency grows in popularity, it’s also become a tool for scam artists.

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03/28/2022

Armored truck drivers exchange gunfire with possible robbers at bank in N. Harris Co., sheriff says

Click 2 Houston

HOUSTON, Texas – Operators of a Brinks Armored Truck reportedly exchanged gunfire with three suspects during a robbery attempt at a bank in north Harris County, according to Harris County Sheriff Ed Gonzalez.

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03/28/2022

IRS probe finds nearly $2 billion in coronavirus stimulus-related fraud

The Hill

IRS investigators have uncovered more than $1.8 billion in fraudulent activity related to federal COVID-19 stimulus funds, the agency said Wednesday.

Details >
03/28/2022

Estonian Tied to 13 Ransomware Attacks Gets 66 Months in Prison

Krebs on Security

An Estonian man was sentenced today to more than five years in a U.S. prison for his role in at least 13 ransomware attacks that caused losses of approximately $53 million. Prosecutors say the accused also enjoyed a lengthy career of “cashing out” access to hacked bank accounts worldwide.

Details >
03/28/2022

Early Warning Says a Little ‘Healthy Friction’ Goes a Long Way in Fight Against Fraud

PYMNTS.com

Romance scams. Puppy scams. Peer-to-peer (P2P) fraud. Like COVID-19 variants, the fraudsters and the scammers’ schemes continue to morph and mutate, shifting to fit the digital age.

Details >
03/28/2022

FBI: ‘Razzmatazz Robber’ identified, charged with multiple bank robberies in Phoenix area

AZ Family

PHOENIX (3TV/CBS 5) - A serial bank robber who has a unique name based on a color is now off Valley streets, according to the FBI. Agents say they arrested 41-year-old Andres Murrietta on Wednesday after he robbed the SunWest Credit Union on Gilbert Road near Southern Avenue in Mesa.

Details >
03/28/2022

Biden Urged to Focus ID Theft Order on Pandemic Fraud Crimes (1)

Bloomberg Law

President Joe Biden‘s upcoming anti-identity theft executive order should concentrate on criminal syndicates illegally applying for pandemic unemployment benefits in multiple U.S. states, according to a group focused on breaking down digital barriers to distributing public assistance.

Details >
03/28/2022

What Is Multi-Factor Authentication, and What Does It Have to Do with You?

The State of Security

Security isn’t a simple matter of caring or spending time reading manuals or being told what you can or can’t do. Security is understanding how to view the world from a different perspective: instead of functional does it work, viewing it as how can I break it.

Details >
03/24/2022

A Closer Look at the LAPSUS$ Data Extortion Group

Krebs on Security

Microsoft and identity management platform Okta both this week disclosed breaches involving LAPSUS$, a relatively new cybercrime group that specializes in stealing data from big companies and threatening to publish it unless a ransom demand is paid.

Details >
03/24/2022

Officials urge precaution after some Ohio residents were mailed scam checks

WOWK TV

SOUTH POINT, OH (WOWK) – Some Ohio residents claim to have been receiving fake checks in the mail appearing to be from a company in Pennsylvania, Marano Plumbing.

Details >
03/23/2022

‘Spam Nation’ Villain Vrublevsky Charged With Fraud

Krebs on Security

Pavel Vrublevsky, founder of the Russian payment technology firm ChronoPay and the antagonist in my 2014 book “Spam Nation,” was arrested in Moscow this month and charged with fraud.

Details >
03/23/2022

Kremlin dismisses U.S. warning of potential Russian cyber attacks

Investing.com

(Reuters) - The Kremlin on Tuesday rejected U.S. warnings that it may be preparing to conduct cyber attacks in response to Western sanctions, and said it did not engage in "banditry".

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03/23/2022

Cottage Grove Man Pleads Guilty to Bank Robbery

US Attorney's Office District of Minnesota

Minneapolis – A Cottage Grove man has pleaded guilty today to bank robbery, announced Acting U.S. Attorney Charles J. Kovats.

Details >
03/23/2022

Two Minnesota women were tricked by the same scam on Zelle, here's how you can protect yourself

KARE 11

MINNEAPOLIS — Every person has a passion, and for Addie Elling, it's painting. “I work 40 hours a week and then I come home, and I paint,” Elling says.

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03/22/2022

Woman Charged With Trashing Suburban Target Store

US News

ST. PAUL, Minn. (AP) — Prosecutors have accused a West St. Paul woman of trashing a Target store during an angry outburst.

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03/21/2022

Minneapolis Man Sentenced For Armed Bank Robberies, Firearm Violations Read More: Minneapolis Man Sentenced For Two Armed Bank Robberies | https://krocnews.com/minneapolis-man-sentenced-for-armed-ban

KROC

St. Paul, Minnesota (KROC-AM News) - A Minneapolis man has been sentenced to federal prison for two armed bank robberies in the Twin Cities and multiple firearm violations.

Details >
03/21/2022

Destructive USB Flash Drives Are Being Mailed By Cybercriminals, FBI Warns

Daily Voice - NY

The FBI is warning that USB thumb drives are being mailed by cybercriminals in an attempt to lure recipients into plugging them into their computers and installing ransomware.

Details >
03/21/2022

Gas thieves in Florida accused of hacking pumps to get ‘basically free’ fuel

News 3 Memphis

TAMPA, Fla. (WFLA) – Florida officials arrested four men this week, accusing them of using a device on gas pumps that allowed them to pump fuel for pennies on the dollar.

Details >
03/21/2022

The Clearing House: ACH Paves Way for Real-Time Payments On-Ramp

PYMNTS.com

Checks and card transactions are giving way to electronic payments, done through an automated clearinghouse (ACH).

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03/19/2022

Hackers spotted using CAPTCHAs to dodge email security scanners

ITPro.co.uk

A new phishing campaign has been discovered using CAPTCHA verification tests to bypass email security scanners.

Details >
03/19/2022

Email Threats: Phishing Attacks Find New Ways to Trick Victims

MSSP Alert

Despite major improvements in how organizations can block millions of cyber attacks, email threats are able to break through defenses because hackers are continually morphing them to be more complex and sophisticated, Barracuda said in a new phishing research report.

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03/15/2022

23-year-old man allegedly killed lover, cemented his corpse in a bathtub: Police

KXXV.com

HONOLULU (AP) — A 23-year-old man allegedly killed his 73-year-old lover, tried to make it look like a suicide, poured cement over his body in a bathtub and planned to fraudulently take ownership of his car and home in one of Hawaii’s most exclusive gated communities, police said in court documents filed Friday.

Details >
03/15/2022

Ragnar Locker ransomware – what you need to know

The State of Security

What is this Ragnar Locker thing I’ve heard about? Ragnar Locker is a family of ransomware, which first came to prominence in early 2020 when it became notorious for hitting large organisations, attempting to extort large amounts of cryptocurrency from its victims.

Details >
03/15/2022

Local teacher falls for new scam, uses it as lesson for students

WNYT.com

A scam gaining popularity is targeting people in the Capital Region selling items on marketplace sites.

Details >
03/14/2022

Biden Issues Executive Order to Finally Regulate Cryptocurrency

Futurism

President Joe Biden has issued a first-of-its-kind executive order (EO) to regulate cryptocurrencies. But it’s unclear what exactly will change — if anything at all.

Details >
03/14/2022

Report: Recent 10x Increase in Cyberattacks on Ukraine

Krebs on Security

As their cities suffered more intense bombardment by Russian military forces this week, Ukrainian Internet users came under renewed cyberattacks, with one Internet company providing service there saying they blocked ten times the normal number of phishing and malware attacks targeting Ukrainians.

Details >
03/14/2022

New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve

PYMNTS.com

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee, VP and product line leader at Early Warning Services, LLC told PYMNTS.

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03/14/2022

Thieves using USPS ‘master key’ to steal mail in Leander

KXAN

LEANDER, Texas (KXAN) — Leander residents are at risk for identity theft and mail fraud, KXAN has learned.

Details >
03/14/2022

Fraud and older adults – what’s your story?

FTC

Every year millions of people report fraud, scams, and bad business practices to the FTC.

Details >
03/10/2022

Fraud and older adults – what’s your story?

FTC

Every year millions of people report fraud, scams, and bad business practices to the FTC.

Details >
03/09/2022

Microsoft Patch Tuesday, March 2022 Edition

Krebs on Security

Microsoft on Tuesday released software updates to plug at least 70 security holes in its Windows operating systems and related software.

Details >
03/09/2022

VERT Threat Alert: March 2022 Patch Tuesday Analysis

The State of Security

Today’s VERT Alert addresses Microsoft’s March 2022 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-989 on Wednesday, March 9th.

Details >
03/09/2022

Conti Ransomware Group Diaries, Part IV: Cryptocrime

Krebs on Security

Three stories here last week pored over several years’ worth of internal chat records stolen from the Conti ransomware group, the most profitable ransomware gang in operation today.

Details >
03/09/2022

Dollar General Rolls Out Banking Option, Tests BNPL

PYMNTS.com

Dollar General has rolled out new financial services aimed at giving customers new banking options and payment alternatives, the company said in a Tuesday (March 8) news release.

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03/09/2022

Yellen: Biden’s Crypto Executive Order Strikes Innovation-Risk Balance

PYMNTS.com

President Joe Biden’s executive order on cryptocurrencies addresses the balance between innovation and risk while also collaborating with other U.S. agencies and their policies, Treasury Secretary Janet Yellen said in a statement published on the Treasury’s website late Tuesday (March 8).

Details >
03/09/2022

After NVIDIA, Samsung Are The Next Victims Of Data Theft

Latest Hacking News

Samsung emerges as the latest victim of data theft. Reportedly, the same attackers who targeted NVIDIA now claimed to have stolen Samsung’s source code and other confidential information.

Details >
03/09/2022

70% of breached passwords are still in use

Help Net Security

SpyCloud announced a report that examines trends related to exposed data. Researchers identified 1.7 billion exposed credentials, a 15% increase from 2020, and 13.8 billion recaptured Personally Identifiable Information (PII) records obtained from breaches in 2021.

Details >
03/06/2022

Why You Should Never Use a Free Proxy Server?

Latest Hacking News

Some websites can limit their content from audiences in certain geolocations. To overtake the blockage, you might use a proxy server or virtual private network. They process your web request and route them via different servers in the allowed locations.

Details >
03/06/2022

Police: More than 600 checks stolen in massive mail fraud ring; 1 man arrested

Action News WPVI-TV

TREDYFFRIN TOWNSHIP, Pennsylvania (WPVI) -- Tredyffrin Township police have arrested one man and are searching for others in connection with a massive mail fraud ring.

Details >
03/06/2022

Synthetic Identity Fraud Costs Businesses Billions Each Year, Data Shows

PYMNTS.com

While many corporations need to contend with identity fraud, a new version of this problem has arisen recently: synthetic identity fraud.

Details >
03/06/2022

McDonald’s Sued by Ice Cream Hackers for $900 Million

Futurism

It looks like McDonald’s ice cream machines are gonna stay broken for the foreseeable future.

Details >
03/06/2022

How Did NFTs Become SEC’s Newest Crypto Target?

PYMNTS.com

The Securities and Exchange Commission (SEC) is finally taking a harder look at NFTs.

Details >
03/04/2022

Conti Ransomware Group Diaries, Part III: Weaponry

Krebs on Security

Part I of this series examined newly-leaked internal chats from the Conti ransomware group, and how the crime gang dealt with its own internal breaches.

Details >
03/02/2022

Conti Ransomware Group Diaries, Part I: Evasion

Krebs on Security

A Ukrainian security researcher this week leaked several years of internal chat logs and other sensitive data tied to Conti, an aggressive and ruthless Russian cybercrime group that focuses on deploying its ransomware to companies with more than $100 million in annual revenue.

Details >
03/02/2022

Conti Ransomware Group Diaries, Part II: The Office

Krebs on Security

Earlier this week, a Ukrainian security researcher leaked almost two years’ worth of internal chat logs from Conti, one of the more rapacious and ruthless ransomware gangs in operation today.

Details >
03/01/2022

7 Common Scams Targeting Small Businesses

dailybayonet.com

Deceptive operations that seek to defraud valuables or money, scams usually target individuals.

Details >
02/28/2022

Utility Scams Using Mobile Payment Apps Rise 150% From January ’21

PYMNTS.com

Scams targeting users of mobile payment apps such as Cash App, QuickPay, Venmo and Zelle are surging, the Better Business Bureau and Illinois utility Commonwealth Edison warned Thursday (Feb. 24).

Details >
02/28/2022

Russia Sanctions May Spark Escalating Cyber Conflict

Krebs on Security

President Biden joined European leaders this week in enacting economic sanctions against Russia in response to its invasion of Ukraine.

Details >
02/28/2022

Former Dickinson, ND, Resident Sentenced to Federal Prison for Bank Fraud, Aggravated Identity Theft, and Possession of Stolen Mail

US Attorney's Office District of North Dakota

BISMARCK – Interim United States Attorney Nicholas W. Chase announced that U.S. District Court Judge Daniel L. Hovland sentenced Ryan Gregory Lee, Age 43, from Little Elm, Texas, to 4 years in federal prison for the charges of Bank Fraud, 18 U.S.C. §§ 1344 and 1349; Aggravated Identity Theft, 18 U.S.C. §§ 1028A, 1344 and 1349; and Possession of Stolen Mail, 18 U.S.C. § 1708. Judge Hovland also sentenced Lee to 3 years supervised release, a $700 Special Assessment and $3,477.44 in restitution.

Details >
02/28/2022

DeKalb Man Sentenced to 70 Months in Prison for Bank Fraud and Aggravated Identity Theft

US Attorney's Office Central District of Illinois

PEORIA, Ill. – A DeKalb, Illinois, man, Christopher Simmons, 41, of the 800 block of Edgebrook Drive, was sentenced on February 24, 2022, to concurrent terms of 46 months’ imprisonment and five years of supervised release for three counts of bank fraud, and a consecutive term of 24 months’ imprisonment for aggravated identity theft.

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02/28/2022

U.S. banks prepare for cyber attacks after latest Russia sanctions

Investing.com

WASHINGTON (Reuters) - U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia for invading Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, cyber experts and executives said.

Details >
02/25/2022

Decoding the Cyber Threat

FBI

An Interview with Deputy Assistant Director Tonya Ugoretz

Details >
02/24/2022

Report: Missouri Governor’s Office Responsible for Teacher Data Leak

Krebs on Security

Missouri Governor Mike Parson made headlines last year when he vowed to criminally prosecute a journalist for reporting a security flaw in a state website that exposed personal information of more than 100,000 teachers.

Details >
02/24/2022

IRS: Selfies Now Optional, Biometric Data to Be Deleted

Krebs on Security

The U.S. Internal Revenue Service (IRS) said Monday that taxpayers are no longer required to provide facial scans to create an account online at irs.gov.

Details >
02/24/2022

Manhunt underway after 3 Wells Fargo branches, another bank were robbed in Wake County

ABC 11

RALEIGH, N.C. (WTVD) -- Police officers are trying to hunt down two people connected to a string of four bank robberies Tuesday

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02/24/2022

American consumers lost more than $5.8B to fraud in 2021

The Hill

The Federal Trade Commission received fraud reports from more than 2.8 million consumers in 2021, with the most commonly reported category being imposter scams, followed by online shopping scams.

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02/23/2022

The Fifty Shades Of Fraud In Hollywood

Forbes

Fraud in Hollywood comes in many different shades, ranging from sharp-elbowed but tolerated business practices (the light grey) to outright criminal acts (the black). Here is a summary of the schemes, broken down by the type of scammer:

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02/23/2022

How to Guard Your Gift Cards Against Fraud

NBC 5

Right about now, some of you are working to spend the gift cards you received over the holidays. One North Texas consumer said his brand-new gift cards were unusable.

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02/23/2022

Why ATO Attacks Are Attacks on Your Customers

Security Boulevard

Motivated by the continual surge in eCommerce, which according to UNCTAD has seen unprecedented growth during the COVID-19 pandemic, retailers are scrambling to adapt to a shift in consumer demand and create unique customer experiences that set them apart from the competition.

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02/23/2022

NFT MAN SUES FOR $1 MILLION AFTER HIS PRECIOUS APE IS STOLEN

The Byte

ACCORDING TO THE LAWSUIT, OPENSEA ALREADY KNEW ABOUT THE BUG THAT ALLOWED HACKERS TO STEAL THE NFT.

Details >
02/23/2022

Today in Crypto: Brazilian Lawmakers Move Crypto Transactions Bill Along; UK's Luxury Furniture Retailer Sees Sales Boost From Crypto-Paying Consumers

PYMNTS.com

The Brazilian Senate’s economic affairs committee Tuesday (Feb. 22) approved a bill legitimizing crypto transactions, CoinDesk reported.

Details >
02/21/2022

Brooklyn Park Man Sentenced to Prison for Passing Stolen Tax Refund Check

The U.S. Attorney's Office District of Minnesota

MINNEAPOLIS – A Brooklyn Park man has been sentenced to a year and a day in prison for his role in passing a stolen tax refund check. Acting U.S. Attorney Charles J. Kovats made the announcement after Senior U.S. District Judge Ann D. Montgomery sentenced the defendant.

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02/21/2022

Richmond SPCA doctor hit by fraud at the VEC. Now the clinic could owe thousands

WTVR

RICHMOND, Va. -- The CBS6 Problem Solvers have told you about thousands of Virginians who struggled to get the Virginia Employment Commission to sort out their claims during the pandemic.

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02/21/2022

Identity theft is on the rise. Here are some ways to protect yourself

NPR

NPR's Michel Martin talks to Eva Velasquez, President and CEO of the Identity Theft Resource Center, about the growing threat of SIM swapping.

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02/21/2022

Fake Businesses Emerge as New Front in War on ID Fraud

PYMNTS.com

As digital commerce and payments grow, fraud grows with it. That’s going to get worse before it gets better as merchants and their payments partners decipher the many-faced fraud beast.

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02/18/2022

Mother of 9-year-old shot to death during ATM robbery speaks out: 'I didn't scream loud enough'

ABC 13, Houston

HOUSTON, Texas (KTRK) -- Parents of a 9-year-old girl are demanding justice after she was shot to death in the middle of an armed robbery in southeast Houston.

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02/18/2022

Illinois Link card hacked, women say, leaving them unable to use grocery benefits

ABC 7 News Chicago

CHICAGO (WLS) -- Two Chicago area women said they were unable to buy groceries after fraudsters drained their Illinois Link cards.

Details >
02/18/2022

U.S. government warns that sensitive data is being stolen from defence contractors

The State of Security

The Federal Bureau of Investigation (FBI), Department of Homeland Security Cybersecurity and Infrastructure Security Agency (CISA), and National Security Agency (NSA) have joined forces to publish a joint warning that Russian hackers have targeted defense contractors to steal sensitive data.

Details >
02/17/2022

Red Cross Hack Linked to Iranian Influence Operation?

Krebs on Security

A network intrusion at the International Committee for the Red Cross (ICRC) in January led to the theft of personal information on more than 500,000 people receiving assistance from the group.

Details >
02/17/2022

Omaha woman in hopes of reimbursement after unusual scam of check conversion bank draft

WOWT.com

OMAHA, Neb. (WOWT) - A warning tonight to take a good look at your checking account.

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02/17/2022

New FICO Survey Finds Overconfidence Could Put US Consumers at Risk From Scams

Yahoo Finance

US consumers are more worried about identity theft than scams, with 1 in 4 saying they would switch banks when dissatisfied with the response to a fraud incident

Details >
02/16/2022

Ukraine hit by cyber attack as U.S. questions Russian troop pullback

Investing.com

KYIV/MOSCOW/WASHINGTON (Reuters) - Kyiv appeared to blame Russia for a cyber attack on Tuesday as U.S. President Joe Biden warned that more than 150,000 Russian troops were still amassed near Ukraine's borders after Moscow's announcement of a partial pullback was met with scepticism.

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02/15/2022

Las Vegas IRS agents warn of COVID-related tax scams

News 3 LV

LAS VEGAS (KSNV) — Internal Revenue Service special agents in Las Vegas warn that this year, potential scams related to many COVID-19 relief measures, including stimulus checks, and unemployment benefits, are on the rise.

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02/15/2022

How can open banking get ahead in 2022?

Fintech Futures

Open banking is becoming ingrained in the financial services sector, but obstacles remain.

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02/15/2022

BlackByte Ransomware Hits San Francisco 49ers' IT Systems

Govinfosecurity.com

Days after the Federal Bureau of Investigation and the U.S. Secret Service issued a cybersecurity advisory on the ransomware-as-a-service group BlackByte, the group hit the corporate IT network of the National Football League's San Francisco 49ers team on Sunday.

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02/15/2022

Help the FTC get money back to people who experience impersonator fraud

FTC

To combat government and business impersonation scams and get money back to people, the FTC is considering changes to the law that would give the agency better tools. Want to help? Submit a comment on the rulemaking and make your voice heard.

Details >
02/15/2022

Arrest in California on Hawaii Indictment Charges Investment Fraud of Over $2 Million

The United States Attorneys Office ~ District of Hawaii

HONOLULU – United States Attorney Clare E. Connors and Federal Bureau of Investigation Special Agent in Charge Steven Merrill announced today that Richard Patterson, also known as Xavier Carter, 40, was arrested on February 11 in California pursuant to an indictment in the District of Hawaii. Patterson, Dashawn Hill, 46, and Judy Ramos, 52, all former residents of Hawaii, were charged with Conspiracy and Wire Fraud, and Patterson and Ramos also were charged with money laundering.

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02/15/2022

Exclusive: FBI and DHS warn U.S. officials of possible Russian cyberattacks linked to invasion of Ukraine

Yahoo News

The Federal Bureau of Investigation and the Department of Homeland Security on Monday warned law enforcement, military and others charged with overseeing critical U.S. infrastructure to be prepared for potential Russian cyberattacks in conjunction with a possible invasion of Ukraine.

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02/15/2022

Criminals Increasing SIM Swap Schemes to Steal Millions of Dollars from US Public

FBI

The Federal Bureau of Investigation is issuing this announcement to inform mobile carriers and the public of the increasing use of Subscriber Identity Module (SIM) swapping by criminals to steal money from fiat and virtual currency accounts.

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02/15/2022

Prominent NFT Marketplace Shuts Down Almost All Sales for Fraud

Futurism

A marketplace best known for selling a non-fungible token (NFT) of former Twitter CEO Jack Dorsey’s first tweet has had to “pause” nearly all sales because they were being used to break the law.

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02/14/2022

North Dakota man sentenced to 134 months for conspiracy, robbery

U.S. Immigration and Customs Enforcement

FARGO, N.D. – An eastern North Dakota man was sentenced to more than 11 years in prison for his conspiratorial role in a string of violent robberies.

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02/14/2022

‘This is literally a criminal conspiracy’: Criminals are stealing, editing and depositing mailed checks, leaving a trail of pain across New Orleans

KSLA 12

NEW ORLEANS (WVUE) - A massive check fraud operation is targeting individuals and businesses both in New Orleans and across the country, resulting in millions of dollars lost and the victims left to pick up the pieces.

Details >
02/14/2022

Experts warn that sophisticated ransomware attacks are on the rise around the world, with potentially “devastating” consequences.

Techno Trenz

According to a new report, cyber security experts around the world are warning of a “growing wave” of ransomware attacks.

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02/14/2022

Wazawaka Goes Waka Waka

Krebs on Security

In January, KrebsOnSecurity examined clues left behind by “Wazawaka,” the hacker handle chosen by a major ransomware criminal in the Russian-speaking cybercrime scene. Wazawaka has since “lost his mind” according to his erstwhile colleagues, creating a Twitter account to drop exploit code for a widely-used virtual private networking (VPN) appliance, and publishing bizarre selfie videos taunting security researchers and journalists.

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02/14/2022

Amex Expands Reach Into Financial Services With Digital Checking Accounts

PYMNTS.com

There may be no financial services product quite as universal as the checking account.

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02/14/2022

Behavioral Analytics Takes Center Stage When Fighting Synthetic ID Fraud

PYMNTS.com

Fraudsters are growing bolder in their tactics and targets, and fraud prevention experts struggle to keep up. Banks, for example, saw their average monthly volume of fraud attacks increase from 1,977 in 2020 to 2,320 in 2021.

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02/14/2022

Flagstaff armed robbery suspect identified as 68-year-old man

Fox 10 Phoenix, AZ

FLAGSTAFF, Ariz. - A 68-year-old man was arrested after he reportedly committed armed robbery at a Wells Fargo bank near Northern Arizona University early Friday morning, police said.

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02/14/2022

One person shot during bank robbery in Seattle's SoDo neighborhood, suspect still at large

King 5 News, Seattle, WA

The victim is in stable condition and was taken to Harborview Medical Center for treatment.

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02/14/2022

Romance Scammers Steal a Record $547 Million

AARP

Here’s some heartbreaking news from the government: A record-setting $547 million was reported lost to romance scams last year.

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02/11/2022

How cybercriminals turn paper checks stolen from mailboxes into bitcoin

The Conversation

While cybercrime gets a lot of attention from law enforcement and the media these days, I’ve been documenting a less high-tech threat emerging in recent months: a surge in stolen checks.

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02/11/2022

DPS Warns Public About Scam

Big Island Now - Hawaii

A recent scam incident has prompted the Department of Public Safety Sheriff Division to warn the public.

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02/10/2022

What to know about 'synthetic fraud' | The fastest growing fraud targeting kids

11 Alive

"Atlanta and the surrounding area, Alpharetta, Marietta in particular, are huge hotbeds for synthetic fraud," said Naftali Harris, the CEO of SentiLink.

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02/10/2022

Russian Govt. Continues Carding Shop Crackdown

Krebs on Security

Russian authorities have arrested six men accused of operating some of the most active online bazaars for selling stolen payment card data.

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02/09/2022

ICE Homeland Security Investigations partners in investigation leading to 2 arrests for alleged conspiracy to launder $4.5 billion in stolen cryptocurrency

U.S. Immigration and Customs Enforcement

WASHINGTON — U.S. Immigration and Customs Enforcement (ICE), Homeland Security Investigations (HSI) contributed to an investigation resulting in the arrest of two individuals this morning in Manhattan for an alleged conspiracy to launder cryptocurrency that was stolen during the 2016 hack of Bitfinex, a virtual currency exchange, presently valued at approximately $4.5 billion.

Details >
02/09/2022

FRB Synthetic Identity Fraud Mitigation Toolkit

The Federal Reserve FedPayments Improvement

SyntheticSynthetic identity fraud is a real problem facing the payments industry and other types of businesses.

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02/09/2022

Why cybersecurity and anti-fraud teams need to collaborate

Help Net Security

Over the past couple of years, there has been unprecedented change in the world of financial services.

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02/09/2022

Scammers Targeting Photographers with Fake Emails from ‘Nikon PR’

PetalPixel

Nikon has issued a warning that scammers are impersonating Nikon Public Relations to YouTube and Facebook channel owners. Nikon says that these emails have no relation to Nikon or its affiliates.

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02/09/2022

Smishing scam poses as DMV

WEAU Madison WI

MADISON, Wis. (WMTV) - Scammers posing as the Wisconsin Dept. of Motor Vehicles are sending text messages hoping people will reply with valuable personal information, including items that could be used to steal their identities or credit card numbers.

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02/09/2022

'Something has to be done': Scammers use welfare checks to sell con, 'grandparent scams' soar

KETV

PAPILLION, Neb. — A Papillion man said police showed up at his 83-year-old mother's house for a welfare check, but the call was bogus.

Details >
02/09/2022

Microsoft Patch Tuesday, February 2022 Edition

Krebs on Security

Microsoft today released software updates to plug security holes in its Windows operating systems and related software.

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02/09/2022

How Attackers Will Target the Metaverse in 2022 and Beyond

Security Boulevard

The metaverse is the growing digital realm that uses augmented reality, virtual reality, blockchain, social media, and a host of other technologies to create a vast virtual world. In 2022, companies looking to invest in the metaverse should fortify defenses, especially at login, registrations, and in-platforms to protect consumers’ account security

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02/08/2022

2 Hurt In I-94 Shootings In Minneapolis, Brooklyn Center

WCCO 4 News

MINNEAPOLIS (WCCO) — Police in Minneapolis and Brooklyn Center say two people were shot in separate incidents along Interstate 94 Monday afternoon.

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02/08/2022

IRS To Ditch Biometric Requirement for Online Access

Krebs on Security

The Internal Revenue Service (IRS) said today it will be transitioning away from requiring biometric data from taxpayers who wish to access their records at the agency’s website.

Details >
02/08/2022

Secret Service: Home Depot Worker Swapped $388K Cash with Fake Bills

PYMNTS.com

Home Depot worker Adrian Jean Pineda was nabbed by the Secret Service in Tempe, Arizona for allegedly stealing $387,500 in cash by replacing the real money with movie prop bills he ordered on Amazon.

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02/08/2022

BlackCat ransomware – what you need to know

the State of Security

What is this BlackCat thing I’ve heard about? BlackCat (also known as ALPHV) is a relatively new ransomware-as-a-service (RaaS) operation, which has been aggressively recruiting affiliates from other ransomware groups and targeting organisations worldwide.

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02/07/2022

Did you get an email or letter about the Equifax settlement?

FTC

Lots of people recently got an email or letter about free credit monitoring through the Equifax settlement. That’s because the settlement with Equifax was just approved by a court.

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02/07/2022

Stolen identity? Get help at IdentityTheft.gov

FTC

When identity theft happens, it’s hard to know where to begin. That’s why the FTC created IdentityTheft.gov, a one-stop resource for people to report identity theft to law enforcement and to get step-by-step instructions on how to recover from any type of identity theft.

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02/07/2022

Scammers Exploit Security Weaknesses on Job Recruitment Websites to Impersonate Legitimate Businesses, Threatening Company Reputation and Defrauding Job Seekers

FBI

The FBI warns that malicious actors or 'scammers' continue to exploit security weaknesses on job recruitment websites to post fraudulent job postings in order to trick applicants into providing personal information or money.

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02/07/2022

How Phishers Are Slinking Their Links Into LinkedIn

Krebs on Security

If you received a link to LinkedIn.com via email, SMS or instant message, would you click it?

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02/07/2022

Mail-Related Check Fraud Spikes Across US

The Crime Report

Cutbacks in the U.S. Postal Service and the growing strength of the darknet as an underground market have led to a spike in mail-related check fraud since August, according to the Evidence-Based Cybersecurity Research Group at Georgia State University.

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02/07/2022

IRS won’t text or email you about stimulus checks

Community News 99

If you receive an email or text from the IRS about a stimulus check or unemployment claim, beware — it’s most likely a scam, the agency says.

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02/03/2022

Police looking for suspect in 'Oceans 11 type bank robbery'

ABC News 20

NEWCASTLE, Wash. (KOMO) — Newcastle Police and the King County Sheriff's Office are asking for the public's help in identifying a suspect who is accused of attempting to rob a bank in what police called an "Oceans 11 type bank robbery."

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02/03/2022

Felony Lane Gang suspect charged with Cedar Falls car burglaries

The Courier

CEDAR FALLS — A Florida man has been arrested in connection with the theft of purses from Cedar Falls parking lots in December in what may have been the prelude to attempted Felony Lane Gang-style bank fraud.

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02/03/2022

Veterans Targeted in Benefits Scams

Federal Communications Commission

Veterans who receive calls or recorded messages claiming to be from "veterans services" should have their guard up.

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02/03/2022

Alleged bank robber wears GPS bracelet during incident

Watertown Daily Times

JUNEAU — An ankle bracelet with GPS tracking helped authorities identify an alleged bank robber in Neosho last week.

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02/03/2022

How Hackers Can Drain Your Bank Account With Apple And Samsung Tap-And-Pay Apps

Forbes

Perhaps it was unwise to give up control of my iPhone to Timur Yunosov, a Russian cybersecurity researcher who has developed a penchant for exploiting vulnerabilities in payment devices.

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02/02/2022

22 people charged in connection with a multi-million dollar Paycheck Protection Program fraud scheme

U.S. Attorney's Office Northern District of Columbia

ATLANTA – Twenty-two individuals, residing across the United States, have been charged with wire fraud conspiracy and other related charges in connection with a fraudulent scheme to obtain approximately $3,899,377 in Paycheck Protection Program (PPP) loans.

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02/02/2022

How to tell if someone is using your identity

FTC

Taking steps to protect your personal information can help you minimize the risks of identity theft. But what if a thief gets your information anyway?

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01/31/2022

Welcome to Identity Theft Awareness Week 2022

FTC

Today we’re kicking off Identity Theft Awareness Week 2022.

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01/30/2022

Fake Investor John Bernard Sinks Norwegian Green Shipping Dreams

Krebs on Security

Several articles here have delved into the history of John Bernard, the pseudonym used by a fake billionaire technology investor who tricked dozens of startups into giving him tens of millions of dollars. Bernard’s latest victim — a Norwegian company hoping to build a fleet of environmentally friendly shipping vessels — is now embroiled in a lawsuit over a deal gone bad, in which Bernard falsely claimed to have secured $100 million from six other wealthy investors, including the founder of Uber and the artist Abel Makkonen Tesfaye, better known as The Weeknd.

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01/30/2022

Data Breach Alert: Marietta Area Health Care, dba Memorial Health System

JD Supra

Recently, Marietta Area Health Care, better known to most as Memorial Health System, announced that the company experienced a data breach stemming from a malware attack on its computer systems.

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01/30/2022

Data Breach Alert: Morley Companies, Inc.

JD Supra

Recently, the business services provider Morley Companies, Inc. released additional information about a recent “data security incident” the company experienced in mid-2021.

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01/28/2022

Who Wrote the ALPHV/BlackCat Ransomware Strain?

Krebs on Security

In December 2021, researchers discovered a new ransomware-as-a-service named ALPHV (a.k.a. “BlackCat“), considered to be the first professional cybercrime group to create and use a ransomware strain written in the Rust programming language.

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01/28/2022

Conned on social media? It’s not just you

FTC

In 2021, more than 95,000 people told the FTC that they’d been scammed with a con that started on social media.

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01/28/2022

Charges: Twin Cities bank robber pulled off 3 heists in November before his arrest

Star Tribune

The 43-year-old man struck in Bloomington, Woodbury and Cottage Grove, according to federal prosecutors.

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01/27/2022

Thousands of TracFone users saw their numbers ported to other carriers without their consent

The Verge

Customers of Verizon-owned TracFone saw their numbers transferred to different carriers without their consent in recent weeks, as part of what the company characterized as the work of external attackers, according to a notice on its website (via the Wall Street Journal). Its Straight Talk and Total Wireless brands were affected as well.

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01/26/2022

Understanding and Preventing Account Takeover

Security Boulevard

In the previous installment of our blog series on the modern threat landscape, we looked at how attackers can use credential stuffing attacks to break into valid user accounts.

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01/26/2022

Check Point Research reveals how hackers run token scams and 'Rug Pull' money - and how to avoid them

Security Brief

Check Point Research (CPR) has revealed how scammers are altering smart contracts to create fraudulent tokens. They then use methods to "rug pull" money from people with altered smart contracts, leading to money heists.

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01/26/2022

An early-bird special for Identity Theft Awareness Week

FTC

Identity Theft Awareness Week starts next Monday but if you’re an early bird, check out a special free webinar tomorrow and get a jump on the week’s events.

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01/26/2022

Scary Fraud Ensues When ID Theft & Usury Collide

Krebs on Security

What’s worse than finding out that identity thieves took out a 546 percent interest payday loan in your name?

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01/24/2022

Operation Soul Stingers: 2 arrested in massive identity fraud case out of Volusia County

Wesh.com

DAYTONA BEACH, Fla. — The Daytona Beach Police Department discussed a "massive" identity fraud case investigation Friday, saying it is ongoing.

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01/24/2022

BBB Scam Alert: Home title fraud

Union Recorder

BBB frequently receives calls from consumers about ads for services claiming to protect people from fraudulent property title transfers.

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01/24/2022

Patient data stolen ahead of Memorial Health ransomware attack, EHR downtime

SC Media

Memorial Health System in Ohio has confirmed that threat actors accessed or acquired health information tied to about 216,000 patients prior to deploying a ransomware attack in August.

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01/21/2022

SoFi Bank Charter Ruling Signals Crypto Still Off Limits for Banks

PYMNTS.com

In a ruling that has big implications for banks’ ability to use stablecoins as payment tools, the Office of the Comptroller of the Currency (OCC) announced in a Tuesday (Jan. 18) press release that FinTech lender SoFi will be allowed to buy a Federal Deposit Insurance Corporation (FDIC)-insured national bank as long as it stops offering cryptocurrency trading services.

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01/21/2022

Cannabis Banking Is Booming Despite Federal Uncertainty

Bloomberg

Small banks are gaining confidence Cannabis companies may not be able to work with the JPMorgan Chases and Citigroups of the world anytime soon, but that hasn’t stopped small banks from flooding into the space.

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01/21/2022

What is smishing, the new form of fraud on your cell phone?

codelist.biz

Cybercrime every day improves its techniques to steal money from bank users, now a new method has emerged, it is about smishing.

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01/21/2022

Crime Shop Sells Hacked Logins to Other Crime Shops

Krebs on Security

Up for the “Most Meta Cybercrime Offering” award this year is Accountz Club, a new cybercrime store that sells access to purloined accounts at services built for cybercriminals, including shops peddling stolen payment cards and identities, spamming tools, email and phone bombing services, and those selling authentication cookies for a slew of popular websites.

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01/19/2022

Cybercriminals Tampering with QR Codes to Steal Victim Funds

FBI

The FBI is issuing this announcement to raise awareness of malicious Quick Response (QR) codes. Cybercriminals are tampering with QR codes to redirect victims to malicious sites that steal login and financial information.

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01/19/2022

Scammers put fake QR codes on parking meters to intercept parkers’ payments

ARS Technica

Fraudulent QR codes on parking meters found in Houston, Austin, and San Antonio.

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01/19/2022

Safari bug threatens identity theft to all Mac, iPhone, iPad users

Slashgear.com

For years, Apple has been heralding privacy as the central theme for its products.

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01/19/2022

CHECK CROOKS: THIEVES ARE STEALING CHECKS FROM USPS COLLECTION BOXES!

Montgomery Crime Watch PA

Check Crooks: USPS collections boxes are being illegally opened for checks!

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01/19/2022

IRS Will Soon Require Selfies for Online Access

Krebs on Security

If you created an online account to manage your tax records with the U.S. Internal Revenue Service (IRS), those login credentials will cease to work later this year.

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01/18/2022

Digital currency ATMs being used for drugs and human trafficking: GAO

Coingeek

A new report has recommended that the U.S. government should step up its oversight over digital currency ATMs to curb their alleged rising usage in drug and human trafficking activities.

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01/18/2022

The Supply Chain Needs Better Cybersecurity and Risk Management

The State of Security

The supply chain is under a historic amount of pressure, but the strain on its cybersecurity and risk management may be in even worse condition.

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01/18/2022

Here are the Top Tips for Preventing ACH Credit Fraud

PaymentsJournal

Forced to work from home during COVID-19, accounts payable departments have accelerated plans to move away from paper checks and pay more of their suppliers by ACH.

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01/18/2022

Fake Broker-Dealers Stole $50 Million Through an Online Investment Fraud Scheme Impersonating Legitimate Institutions

CPO Magazine

A 56-year-old California Allen Giltman pleaded guilty for his role in an internet-based investment fraud scheme by fake broker-dealers who stole about $50 million from at least 70 victims from 2012 to October 2020.

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01/18/2022

How Credit Unions Are Fighting Online Fraud

PYMNTS.com

When you think of a credit union (CU), it’s easy to picture a place that values member relations and face-to-face banking.

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01/17/2022

At Request of U.S., Russia Rounds Up 14 REvil Ransomware Affiliates

Krebs on Security

The Russian government said today it arrested 14 people accused of working for “REvil,” a particularly aggressive ransomware group that has extorted hundreds of millions of dollars from victim organizations.

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01/17/2022

Fighting Against Card-Not-Present Fraud

TechBullion

Throughout history, businesses from all sectors had to deal with fraud, and today is no different.

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01/17/2022

Massive cyberattack hits Ukrainian gov't websites as West warns on Russia conflict

Investing.com

KYIV (Reuters) -A massive cyberattack warning Ukrainians to "be afraid and expect the worst" hit government websites late on Thursday, leaving some websites inaccessible on Friday morning and prompting Kyiv to open an investigation.

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01/17/2022

The Jetsons Had It (Mostly) Right, With the Glaring Exception of Payments

PYMNTS.com

Fans of Peloton stationary cycles and treadmills from certain demographics may have found themselves on lockdown, plodding along, when the line “Jane! Stop this crazy thing!” passed through their minds.

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01/17/2022

Davenport police investigating bank robbery

KWQC TV 6

DAVENPORT, Iowa (KWQC) - The Davenport Police Department is investigating a bank robbery.

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01/17/2022

3 suspects in custody soon after PNC Bank robbery

Fauquiernow.com

Authorities apprehended three suspects soon after the robbery of the PNC Bank at 615 Branch Drive in Warrenton on Friday.

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01/17/2022

North Korea pulled in $400m in cryptocurrency heists last year – report

The Register

Thieves operating for the North Korean government made off with almost $400m in digicash last year in a concerted attack to steal and launder as much currency as they could.

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01/17/2022

Cincinnati CBP stops thousands of fake IDs leaving the U.S.

Highlandcountypress.com

Since early December, U.S. Customs and Border Protection (CBP) officers intensified inspections on outbound shipments moving through the Cincinnati Port of Entry.

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01/14/2022

Online and phone scams raking in billions from unsuspecting victims

Amsterdam News

According to a 2021 survey by AARP, about 2 in 5 Black adults were targeted by an online scam and 1 in 5 lost money to one.

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01/14/2022

3 Popular Crypto Scams (and How to Avoid Them)

Tulsa World

The cryptocurrency blockchain was supposed to be impervious to fraud, but somebody forgot to tell the scammers.

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01/13/2022

The latest phishing scam to watch out for: fraudulent QR codes on parking meters

The Verge

Police in several US cities are warning residents not to pay for their parking using QR codes stuck to parking meters. That’s because these codes have been placed there by scammers, who are using them to direct people to fraudulent sites that capture their payment details.

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01/13/2022

Deputies: One charged after suspected drugs, counterfeit money found

WCHS TV

ATHENS COUNTY, Ohio (WCHS) — Athens County, Ohio, deputies said one person faces charges after suspected heroin and methamphetamine was seized along with a mixture of thousands of dollars in counterfeit and motion picture prop money.

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01/12/2022

‘Wormable’ Flaw Leads January 2022 Patch Tuesday

Krebs on Security

Microsoft today released updates to plug nearly 120 security holes in Windows and supported software. Six of the vulnerabilities were publicly detailed already, potentially giving attackers a head start in figuring out how to exploit them in unpatched systems.

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01/12/2022

Who is the Network Access Broker ‘Wazawaka?’

Krebs on Security

In a great many ransomware attacks, the criminals who pillage the victim’s network are not the same crooks who gained the initial access to the victim organization.

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01/12/2022

Healthcare Breaches Give Fraudsters New Tools for ‘Targeted’ Crowdfunding Scams

PYMNTS.com

It’s well known that fraudsters are nothing if not creative and cunning as they continually seek to prey on the most basic human traits of altruism and sympathy.

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01/10/2022

New crypto payment scam alert

FTC

There's a new spin on scammers asking people to pay with cryptocurrency. It involves an impersonator, a QR code, and a trip to a store (directed by a scammer on the phone) to send your money to them through a cryptocurrency ATM.

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01/09/2022

500M Avira Antivirus Users Introduced to Cryptomining

Krebs on Security

Many readers were surprised to learn recently that the popular Norton 360 antivirus suite now ships with a program which lets customers make money mining virtual currency.

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01/09/2022

Troy cops, K9 quickly catch suspected bank robber

WNYT.com

Troy police are investigating a bank robbery that happened at the SEFCU bank on Hoosick Street.

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01/09/2022

Cincinnati CBP Breaks Records in Fiscal Year 2021

U.S. Immigration and Border Protection

CINCINNATI–- U.S. Customs and Border Protection (CBP) officers and agriculture specialists in Cincinnati stopped record-breaking numbers of illegal shipments from entering the country in Fiscal Year (FY) 2021.

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01/09/2022

Third gang member sentenced to prison for series of truck stop ATM robberies, related assault

U.S. Immigration and Customs Enforcement

CORPUS CHRISTI, Texas – A third Houston-area gang member was ordered to federal prison Wednesday for his role in a string of ATM robberies at truck stops in Texas and Louisiana and for a related assault of a good Samaritan who tried to intervene in one of the robberies.

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01/09/2022

ATMs headed the way of the payphone

Payments Dive

The availability of ATMs may have peaked at 470,000 units scattered across the U.S. in 2019, with a fall-off since then to 462,000 in 2020 and an estimated 456,000 last year, a spokesperson for research firm Euromonitor International said in updating its report on financial cards and payments in the U.S. Kendrick Sands, Euromonitor’s head of Consumer Finance Research, expects that downward trend to continue.

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01/06/2022

Ethical Data Practices Builds Consumer Trust in Biometric Identity Verification

PYMNTS.com

Consumers continue to use digital tools to safely and conveniently interact and transact during the pandemic — but when it comes to trust, many are concerned about how companies are handling their data.

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01/05/2022

United Airlines Flight Attendant Works For 23 Years With Stolen Identity

One Mile At A Time

This is quite a story — a United Airlines flight attendant has been arrested after working for 23 years using the stolen identity of a person who he had never met, who passed away at a young age.

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01/04/2022

Real-Time Payments Expected to Double in 2022

PYMNTS.com

Streaming media, on-demand encounters with service providers and all manner of instant interactions online have shaped expectations about how we pay and get paid — and when.

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01/04/2022

The Cat’s Outta The Bag – 10 Fraud Predictions for 2022

Frank McKenna

The cat is out of the bag 🐱📤 👜. And you can’t put the cat back in the bag. Once the cat is out of the bag, it’s out for good.

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01/03/2022

Biggest Credit Card Scams To Look Out For In 2022

South Florida Reporter

The credit card industry has always been targeted by hackers and thieves, and that is unlikely to change any time soon.

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01/03/2022

Columbus Police investigating two separate bank branch ATM robberies

ABC News 6

COLUMBUS, Ohio (WSYX) — A Columbus man is urging people to pay close attention to their surroundings when they take money out of an ATM after he was recently robbed and beaten while getting cash.

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01/03/2022

“I’m sorry, who are you?”; this is the new fraud via WhatsApp

oicanadian.com

No surprise there is many people who use WhatsApp to scam or extort money, however, it has just been detected a new modus operandi in which the attackers send a message and they earn the trust of the victim.

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12/31/2021

St. Paul Man Sentenced to 100 Months in Prison for Arson and Riot During August 2020 Riots in Downtown Minneapolis

US Attorney's Office District of Minnesota

MINNEAPOLIS – A St. Paul man was sentenced to 100 months in prison followed by two years of supervised release for burning, looting, and damaging stores and businesses in downtown Minneapolis on August 26, 2020.

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12/29/2021

Identity fraud may be a major 2022 scam trend, consumer group warns

Consumer Affairs

One thing that won’t change with the calendar is the threat of scams. But the Identity Theft Resource Center (ITRC) predicts that one particular scam will continue to evolve in 2022.

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12/29/2021

9 Phoenix-area people indicted for payment protection program fraud

U.S. Immigration and Customs Enforcement

PHOENIX, Ariz. – Earlier this month, special agents with U.S. Immigration and Customs Enforcement (ICE), Homeland Security Investigations (HSI) participated in an investigation that lead to the arrests of nine people for financial fraud.

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12/29/2021

3 Teens Arrested Following String Of Armed Robberies In The Twin Cities

MInnesota CBS Local

Three teenagers are in custody following a string of armed robberies Tuesday morning in the Twin Cities.

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12/29/2021

Ferrari Partners With Blockchain Firm Velas to Launch Digital Assets

PYMNTS.com

Ferrari has launched a partnership the Swiss blockchain and NFT company Velas Network, the car maker announced Monday (Dec. 27).

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12/29/2021

How 104 Acquiring Banks Are Using AI to Beat Fraud, Boot Unprofitable Merchant Accounts

PYMNTS.com

Acquiring banks face a profitability challenge: Just 53% of the merchants they have on their platforms are turning a profit.

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12/29/2021

2022's Next Big Thing: Solving the ‘Money Mobility’ Problem

PYMNTS.com

The great digital shift may be upon us, but money has a problem simply getting around.

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12/29/2021

Protect Your Organization by Cultivating a Culture of Cybersecurity Awareness

The State of Security

The cybersecurity market offers excellent solutions and services to combat the threats that are exploited by cybercriminals.

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12/27/2021

Keep your personal information safe in the New Year

FTC

As 2021 winds down, lots of us are making resolutions for a fresh start in the New Year — maybe to exercise regularly, get our finances in order, or spend more time with friends.

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12/27/2021

'Hack DHS' Program Expanded to Include Log4j Bug Hunters

Govinfosecurity.com

A week after announcing a new bug bounty program called "Hack DHS," intended to safeguard the federal agency's systems, U.S. Department of Homeland Security Secretary Alejandro Mayorkas announced that DHS is expanding the scope of the program to include finding and patching Log4j-related vulnerabilities in the systems.

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12/27/2021

$100 billion stolen in pandemic relief funds, Secret Service says

Los Angeles Times

Nearly $100 billion or more has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said.

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12/27/2021

Traveling During the Holidays? Watch Out for These 3 Cybersecurity Dangers

Security Boulevard

Over the holidays many of us travel to visit friends and family or take a break elsewhere. The last thing we expect is to become a victim of a data breach or digital theft. In this blog, we explore some of the cybersecurity threats looking to exploit our vulnerabilities while on the move and provide fundamental tips to protect yourself over the holiday season.

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12/27/2021

Remittance Platforms Tap Behavioral Analytics to Reduce Fraud, False Positives

PYMNTS.com

Onboarding sets the stage for the rest of the customer experience, regardless of industry — one recent report found nearly two-thirds of consumers think about the onboarding process before making a purchase, for example.

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12/23/2021

Secret Service: Nearly $100B stolen in pandemic relief funds

StarTribune

Nearly $100 billion at minimum has been stolen from COVID-19 relief programs set up to help businesses and people who lost their jobs due to the pandemic, the U.S. Secret Service said Tuesday.

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12/22/2021

FTC Finalizes Order Banning Stalkerware Provider from Spyware Business

FTC

The Federal Trade Commission has finalized an order banning a stalkerware provider and its CEO from the surveillance business to settle allegations the company secretly harvested and shared data on people’s physical movements, phone use, and online activities.

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12/22/2021

Beginning in May 2022 Banks Will Have 36 Hours to Disclose Certain Types of Cyber Incidents

jdsupra.com

Federal banking regulators issued a final rule that impacts how banks and other regulated entities report certain data incidents.

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12/22/2021

Skimmer Plot Foiled In Mission Viejo, Suspect Arrested

MSN News

MISSION VIEJO, CA — One men was arrested in Mission Viejo Sunday night after being caught attaching an ATM skimming device on a bank ATM near Puerta Real and Crown Valley Parkway, the Orange County Sheriff's Department reported Monday.

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12/21/2021

4 Key Criteria for Choosing an IT Partner

StrataDefense

While some business leaders might feel apprehensive about selecting a managed service partner, not doing so may be worse: a daunting 60% of small businesses that suffer a cyberattack go out of business within six months.

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12/21/2021

FTC Mulls New Artificial Intelligence Regulation to Protect Consumers

PYMNTS.com

The Federal Trade Commission (FTC) is considering a wide range of options, including new rules and guidelines, to tackle data privacy concerns and algorithmic discrimination.

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12/21/2021

FTC Mulls New Artificial Intelligence Regulation to Protect Consumers

PYMNTS.com

The Federal Trade Commission (FTC) is considering a wide range of options, including new rules and guidelines, to tackle data privacy concerns and algorithmic discrimination.

Details >
12/21/2021

Sixty Percent of US Acquiring Banks Use AI to Manage Transaction Fraud as Digital Volumes Surge

PYMNTS.com

The banking industry has been faster than most in adopting artificial intelligence (AI). Banks have found that AI is extremely useful in fighting fraud because it helps to flag suspicious transactions in real time.

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12/21/2021

Identity Theft Is Out And Identity Fraud Is In; The Identity Theft Resource Center’s 2022 Predictions Indicate Major Shifts

AIthority

The Identity Theft Resource Center’s 2022 predictions show a shift from identity theft to identity fraud as cybercriminals continue to refine who they target, what information they steal and what they do with it

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12/21/2021

United against scams

FTC

Kwanzaa, which is based on traditional African harvest festivals, is celebrated every year from December 26 to January 1.

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12/20/2021

Two Florida Men Plead Guilty to $35 Million COVID-19 Relief Fraud Scheme

U.S. Department of Justice

Two Florida men pleaded guilty this week in the Northern District of Ohio for leading a nationwide scheme to fraudulently obtain over $35 million in Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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12/20/2021

7 ways someone can hack your phone

KimKomando

Any American without a mobile device is in the minority. Only 3% of Americans don’t own a cellphone, the Pew Research Center says. Mobile devices play a central role in our daily tasks, as conduits for alarms, messaging, navigation and even grocery shopping.

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12/20/2021

'They came out of nowhere' | Bank manager kidnapped last year testifies in trial of alleged robber

Kenosha News

RACINE — The little girl was just 5 years old when she, her 2-year-old sister, and mom were kidnapped on June 28, 2019, by two men who took them from Kenosha to Milwaukee where they were held overnight in a dark basement.

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12/20/2021

FBI warns about charity scams connected to Midwest Tornadoes

News 2

COLUMBIA, S.C. (WCBD) – The FBI is warning about charity scams following the deadly tornadoes that struck the midwest last week.

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12/20/2021

How retailers are trying to stop organized retail theft

KRON 4

(NewsNation Now) — In an effort to combat a wave of retail thefts and smash-and-grab robberies, some retailers are setting up coiled wire — ­not unlike what can often be seen outside a prison — to act as a barrier between potential thieves and high-end merchandise.

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12/17/2021

Justice Department Coordinates Nationwide Elder Fraud Sweep of More Than 250 Defendants | USAO-GU – Honolulu, Hawaii

Eminetra

Washington-Attorney General Jeff Sessions and law enforcement partners today announced a coordinated cleanup of the largest elder fraud case in history.

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12/17/2021

‘A fight for your life’: Dramatic video shows Northfield [Ohio} officers arrest bank robbery suspects

Fox 8

NORTHFIELD, Ohio (WJW) -Dramatic police video reveals how Northfield police officers were able to arrest two bank robbery suspects last Friday.

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12/17/2021

NY Man Pleads Guilty in $20 Million SIM Swap Theft

Krebs on Security

A 24-year-old New York man who bragged about helping to steal more than $20 million worth of cryptocurrency from a technology executive has pleaded guilty to conspiracy to commit wire fraud.

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12/15/2021

Microsoft Patch Tuesday, December 2021 Edition

Krebs on Security

Microsoft, Adobe, and Google all issued security updates to their products today.

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12/15/2021

Banks And Merchants Tap Behavioral Analytics, Deep Learning to Keep Holiday Fraud in Check

PYMNTS.com

The pandemic transformed how holiday shoppers secured items in 2020, and researchers expect these trends to continue during this year’s holiday season.

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12/15/2021

Scammers Target Last-minute Shoppers

Kiplinger

Products may be in short supply, but potential thieves are not. Be “scam smart” to keep your holiday happy.

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12/14/2021

Inside Ireland’s Public Healthcare Ransomware Scare

Krebs on Security

The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system.

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12/14/2021

How to spot, stop, and report post-disaster scams

FTC

If you or someone you know has been affected by the devastating series of tornadoes that roared across Kentucky, Illinois, Tennessee, Arkansas, and Missouri, coping with the aftermath is never easy

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12/13/2021

Scammers are tricking more people into buying gift cards

FTC

According to the newest Data Spotlight, 40,000 people reported losing a whopping $148 million in gift cards to scammers during the first nine months of 2021.

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12/13/2021

Wisconsin woman steals $400K from elderly, spends nearly half of it at casinos

Fox 59

ARBOR VITAE, Wis. (WFRV) – A Wisconsin woman has been sentenced for stealing over $400,000 from an elderly individual she provided in-home care for and spending nearly half of the money at casinos.

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12/13/2021

Pallets of silver coins seized in international fraud case tied to South Dakota

Kelo News

SIOUX FALLS, S.D. (KELO) — An international scheme involving millions of dollars, fake humanitarian projects, silver coins and suspects still on the run sounds like the plot of a Hollywood movie. But this was all part of a case that was tried in federal court in South Dakota right before Thanksgiving.

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12/13/2021

Canada Charges Its “Most Prolific Cybercriminal”

Krebs on Security

A 31-year-old Canadian man has been arrested and charged with fraud in connection with numerous ransomware attacks against businesses, government agencies and private citizens throughout Canada and the United States.

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12/13/2021

6 Tales of Real-Life Scams

AARP

Host of ‘The Perfect Scam’ podcast shares a few of the most memorable episodes

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12/13/2021

The Head of the CIA Says It’s Been Doing Mysterious Cryptocurrency Work

Futurism

The feds are looking intro cryptocurrencies, and apparently have been since the Trump administration.

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12/13/2021

Iowa Man Sentenced for Bank Robbery

The United States Attorneys Office ~ District of South Dakota

Acting United States Attorney Dennis R. Holmes announced that a Dubuque, Iowa, man convicted of Bank Robbery was sentenced on December 6, 2021, by U.S. District Judge Karen E. Schreier.

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12/10/2021

Beware of ransomware attacks between Christmas and New Year’s!

Help Net Security

Darktrace reported that its security researchers discovered a 30% increase in the average number of attempted ransomware attacks globally over the holiday season in every consecutive year from 2018 to 2020 compared to the monthly average.

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12/08/2021

Saving Time, Reducing Costs and Mitigating Risks with Straight-Through Processing for B2B Payments

Federal Reserve Bank

With digitalization and instant payments rapidly evolving the payments landscape, now is the time to leverage momentum and catalyze innovation in the way businesses exchange invoices, payments and remittance information with one another.

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12/08/2021

U.S. Law Enforcement Targets Fraud Facilitators, Doubling Last Year’s Enforcement

The United States Attorney's Office District of Main

PORTLAND, Maine: The Department of Justice, FBI, U.S. Postal Inspection Service and five other federal law enforcement agencies announced the completion of the fourth annual Money Mule Initiative.

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12/08/2021

St. Peter Man Charged With Identity Theft, Welfare Fraud

Southernminnesotanews.com

A St. Peter man allegedly stole the identities of two out-of-state victims and applied for welfare benefits using their information.

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12/08/2021

Murfreesboro PD: Bank robbery suspect demands money from teller on coffee filter note

Fox 17 WZTV Nashville

RUTHERFORD COUNTY, Tenn. (WZTV) — Police in Middle Tennessee arrested a man minutes after he allegedly robbed a bank using a note written on a coffee filter.

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12/08/2021

How To Hack into a Digital Account in a Few Easy Steps

Security Boulevard

Account security should be one of the biggest priorities for digital businesses today.

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12/06/2021

Avoiding a money mule scam

FTC

Scammers are looking for people to help them move stolen money.

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12/06/2021

Phishing attacks top 260,000 in Q3 2021

Help Net Security

An APWG’s report reveals that it saw 260,642 phishing attacks in July 2021 – the highest monthly total observed since APWG began its reporting program in 2004.

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12/06/2021

Ecommerce retailers facing a 350% increase in fraudulent online orders

Help Net Security

As the holiday shopping season hits full stride, ecommerce retailers across Europe face a new era of malicious attacks spurred by a COVID-inspired transformation in ecommerce and a 350% increase in fraudulent online orders, according to data published by Signifyd.

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12/06/2021

Over 300,000 Android users have downloaded these banking trojan malware apps, say security researchers

ZDNET

Cybersecurity researchers at ThreatFabric detail how password-stealing Android banking trojans were disguised as QR code readers, fitness monitors, cryptocurrency apps and more.

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12/05/2021

Ubiquiti Developer Charged With Extortion, Causing 2020 “Breach”

Krebs on Security

In January 2021, technology vendor Ubiquiti Inc. [NYSE:UI] disclosed that a breach at a third party cloud provider had exposed customer account credentials.

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12/05/2021

Portland woman had $23,000 stolen through Zelle payment app scam

KGW8

A Portland woman was scammed out of $23,000 after someone posing as a Chase bank representative stole money through the Zelle mobile banking app.

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12/05/2021

Who Is the Network Access Broker ‘Babam’?

Krebs on Security

Rarely do cybercriminal gangs that deploy ransomware gain the initial access to the target themselves.

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12/05/2021

‘Unwitting Co-Conspirator' Teens and Young Adults Targeted in ‘Card Cracking' Scheme

NBC Washington

“Want to make money?” Getting a message like that on social media would perk anyone’s interest, especially a young adult.

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12/05/2021

Identities for Fraud

Dark Reading

Organizations must improve their cybersecurity protocols to detect fraudulent identities and make sure they're safeguarding their consumers’ personal information.

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12/05/2021

Fraud alert: Phone scammers impersonating Amazon, FTC says

KOMO News

SEATTLE — Telephone fraudsters often pretend to be with a government agency or a company you know and trust, such as Visa, Apple or Amazon.

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Alerts

Resources

Alerts

The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.

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Resources

Resources

Your electronic library to help in fighting financial fraud for all of our partners.

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