Latest News
03/24/2023
Walmart closing in Brooklyn Center, another retail departure in the north metro
Star Tr
Walmart's departure is the second major retailer to leave Brooklyn Center after the Target store a few blocks north closed in 2019.
Details >03/24/2023
Klarpay CEO Said Providers Must Confront Liquidity Management Challenges With Instant Payments Use
PYMNTS
Small and midsized businesses (SMBs) that succeed face the same hurdles as big ones, from brand trust to providing seamless online checkout and other services that ride along.
Details >03/24/2023
Baby Jack & Co. CEO on Taking Kids Toys and Easy Checkout From Zero to Global in 13 Years
PYMNTS
Small and midsized businesses (SMBs) that succeed face the same hurdles as big ones, from brand trust to providing seamless online checkout and other services that ride along.
Details >03/22/2023
France’s Real-Time Payments Volume Set to Grow 10X by 2026
PYMNTS
According to a recent PYMNTS study on instant payments, there are more than 60 countries that possess or are in the process of developing a real-time payments scheme on a national or regional level.
Details >03/22/2023
Google Suspends Chinese E-Commerce App Pinduoduo Over Malware
Krebs on Security
Google says it has suspended the app for the Chinese e-commerce giant Pinduoduo after malware was found in versions of the app.
Details >03/22/2023
Hackers post more stolen Minneapolis Public School data to dark web
CBS News MN
MINNEAPOLIS -- Minneapolis Public Schools on Friday notified parents that hackers who stole district data in a recent system breach released that information onto the dark web, where users are untraceable.
Details >03/22/2023
What if every American had the same Federal Reserve perks as banks?
AOL
In the aftermath of Silicon Valley Bank's failure earlier this month, the Federal Reserve announced it was further increasing its support for commercial banks, creating a plan that effectively backstopped all deposits, insured and uninsured, across the U.S. financial system.
Details >03/22/2023
Dirty Dozen: Watch out for scammers using email and text messages to try tricking people during tax season
IRS
WASHINGTON — With the filing deadline quickly approaching, the Internal Revenue Service today urged everyone to remain vigilant against email and text scams aimed at tricking taxpayers about refunds or tax issues.
Details >03/22/2023
What is ACH Fraud and How to Prevent It
Comply Advantage
The Automated Clearing House (ACH) network is a way of transferring money from one bank account to another. Supporting both credit and debit transfers, payments and withdrawals are sent to the clearing house where they await authorization before arriving at their final banking destination. In the US, this network is overseen by the National Automated Clearing House Association (NACHA).
Details >03/22/2023
New FCC rules require cell phone carriers to block scam texts
WTAJ News
WASHINGTON, D.C. (WTAJ) — New rules adopted by the Federal Communications Commission (FCC) now require cell phone carriers to block text messages from illegitimate phone numbers.
Details >03/22/2023
Thick as thieves: Secrets from convicted identity thieves
WFMZ
Millions of people are affected each year by identity theft. It’s big business for identity thieves and it’s getting worse.
Details >03/22/2023
J.P. Morgan Payments: AI Transforms Payments’ Tony Starks into Data-Driven Iron Men
PYMNTS
Artificial intelligence is helping payments executives become high-powered problem solvers.
Details >03/20/2023
Former Wells Fargo exec faces prison, will pay $17 million fine over fake accounts scandal
Reuters
WASHINGTON, March 15 (Reuters) - The former head of Wells Fargo's retail bank is facing prison time after agreeing to plead guilty to obstructing a bank examination in relation to the sweeping phony accounts scandal that roiled the bank in 2016.
Details >03/20/2023
Management Report: Continued Improvements Needed in the Bureau of the Fiscal Service's Information System Controls Related to the Schedule of Federal Debt
GAO
Treasury's Fiscal Service issues debt to borrow money for federal operations, and reports the debt on financial statements called the Schedules of Federal Debt.
Details >03/20/2023
Help identify the "Snake Bit" bandit wanted in 5 bank robberies
CBS News Colorado
The so-called Snake Bit bandit has robbed five banks in the Denver metro area and now authorities want your help to identify him.
Details >03/20/2023
Will FedNow’s July Launch Ignite Real-Time Payments in the US?
PYMNTS
The Federal Reserve’s FedNow real-time rail debut is imminent.
Details >03/20/2023
Cyber attack prompts Lansing Community College to cancel classes
The Detroit News
Lansing Community College said it is canceling classes and activities Thursday and Friday because of a cyber attack.
Details >03/20/2023
Storm Lake PD asking public assistance in check fraud case
Siouxland Proud
STORM LAKE, Iowa (KCAU) — Authorities in Storm Lake are asking the public for information involving fraud that happened Friday afternoon.
Details >03/20/2023
How to better protect accounts from bot intruders
Fast Company
The safety of customer data is very much at risk despite prodigious investments in cybersecurity.
Details >03/20/2023
The Week That Americans Watched a Bank Run in Real Time
PYMNTS
Back in 1960s through the 1980s, there was a TV show titled “That Was the Week that Was.”
Details >03/20/2023
‘Everything we had was gone’: Small business owner says he lost nearly $200,000 to wire transfer fraud
Click 2 Houston
It started with a call from what he thought was his bank’s fraud division.
Details >03/20/2023
Feds Charge NY Man as BreachForums Boss “Pompompurin”
Krebs on Security
The U.S. Federal Bureau of Investigation (FBI) this week arrested a New York man on suspicion of running BreachForums, a popular English-language cybercrime forum where some of the world biggest hacked databases routinely show up for sale. The forum’s administrator “Pompompurin” has been a thorn in the side of the FBI for years, and BreachForums is widely considered a reincarnation of RaidForums, a remarkably similar crime forum that the FBI infiltrated and dismantled in 2022.
Details >03/20/2023
OpenAI CEO cautions AI like ChatGPT could cause disinformation, cyber-attacks
Interesting Engineering
Society has a limited amount of time "to figure out how to react" and "regulate" AI, says Sam Altman.
Details >03/20/2023
Chinese Hackers Exploit Fortinet Zero-Day Flaw for Cyber Espionage Attack
The Hacker News
The zero-day exploitation of a now-patched medium-severity security flaw in the Fortinet FortiOS operating system has been linked to a suspected Chinese hacking group.
Details >03/20/2023
Dickinson’s fighting against cyber attacks with new service
KX News
DICKINSON, N.D. (KXNET) — Dickinson is getting some money to help fight cyber attacks in the area.
Details >03/20/2023
Man Sentenced to 90 Months for Identity Theft Scheme Spanning Nevada and Other Western States
2 News
Ryan M. Tichy, 43, of Seattle, was sentenced to 90 months in federal prison for his involvement in a wire fraud scheme in Nevada and other western state.
Details >03/20/2023
Why Mercedes Benz Is Building the Operating System for In-Car Payments
PYMNTS
The idea of the car as a software platform on wheels is not new. The idea of the car as a commerce operating system is. Mercedes Benz, which traces its history to 1886 and Karl Benz’s creation of the first combustion engine in Germany, is developing an in-house eCommerce ecosystem, complete with its own operating system.
Details >03/16/2023
10 more defendants charged in 'Feeding Our Future' fraud scheme
Kare 11
One defendant is accused of using federal meal program money to buy an aircraft, another is accused of buying a laundromat to launder money.
Details >03/16/2023
Two U.S. Men Charged in 2022 Hacking of DEA Portal
Krebs on Security
Two U.S. men have been charged with hacking into a U.S. Drug Enforcement Agency (DEA) online portal that taps into 16 different federal law enforcement databases.
Details >03/16/2023
Microsoft Patch Tuesday, March 2023 Edition
Krebs on Security
Microsoft on Tuesday released updates to quash at least 74 security bugs in its Windows operating systems and software. Two of those flaws are already being actively attacked, including an especially severe weakness in Microsoft Outlook that can be exploited without any user interaction.
Details >03/16/2023
Fraud Alert: We've identified $5.4 billion in potentially fraudulent pandemic loans using SSN data
Council of the Inspectors General on Integrity and Efficiency
We've identified $5.4 billion in potentially fraudulent pandemic loans.
Details >03/16/2023
Signature Bank, former CEO are sued by shareholders for fraud
Reuters
NEW YORK, March 14 (Reuters) - Signature Bank (SBNY.O) and three former top executives were sued on Tuesday by shareholders who accused the New York bank of fraudulently proclaiming it was financially strong a mere three days before it was seized by a state regulator.
Details >03/16/2023
FBI investigating Lincoln Park bank robbery
CBS Chicago
CHICAGO (CBS) -- The FBI and Chicago Police Department are investigating a bank safe that was emptied by thieves who apparently broke in through a nearby building.
Details >03/14/2023
St. Cloud, MN, Woman Pleads Guilty to Leading a Major Dangerous Drug Distribution Enterprise from Mexico
The United States Attorney's Office District of North Dakota
FARGO – United States Attorney Mac Schneider, District of North Dakota, announced that on March 13, 2023, Macalla Lee Knott a/k/a Kayla, age 30, from St. Cloud, MN, pled guilty in Federal Court in Fargo, ND, before Chief Judge Peter W. Welte, to the offenses of Conspiracy to Distribute Controlled Substances, Money Laundering Conspiracy and Continuing Criminal Enterprise (CCE). Sentencing is scheduled for August 7, 2023.
Details >03/14/2023
Silvergate Was a Payday for Short Sellers. They May Bear Some Blame for the Bank’s Collapse.
Barron's
The collapse of Silvergate Capital stock went gradually, then suddenly, delivering a sizable payday to bearish traders who had bet against the crypto-focused bank. These short sellers may also bear some responsibility for what happened.
Details >03/14/2023
Amazon-owned Ring reportedly suffers ransomware attack
CSO Online
Russia-linked ALPHV ransomware gang has threatened to leak the stolen data if the company refuses to pay the ransom.
Details >03/14/2023
No — HHS didn’t reach out about free grant money
FTC
Did you get a message from a friend on social media about a US Department of Health and Human Services (HHS) grant opportunity? Or from someone saying they were an HHS employee? Well…they weren’t who they said they were. They were a scammer.
Details >03/13/2023
Man says he was robbed at knifepoint after bank ATM withdrawal
The Scarsdale Inquirer
A man reported he was held up at knifepoint March 6 on S. Central Avenue by two unknown men. He said he’d just gone to a bank ATM where he withdrew $2,350. Shortly after, he pulled into a parking lot to do some paperwork.
Details >03/13/2023
Who’s Behind the NetWire Remote Access Trojan?
Krebs on Security
A Croatian national has been arrested for allegedly operating NetWire, a Remote Access Trojan (RAT) marketed on cybercrime forums since 2012 as a stealthy way to spy on infected systems and siphon passwords.
Details >03/13/2023
Minneapolis Public Schools says they will provide ID theft protection after breach
Fox 9 KMSP
MINNEAPOLIS (FOX 9) - In the district's latest update on an ongoing cybersecurity breach, Minneapolis Public Schools officials say they will provide credit monitoring protection for people who had personal information accessed.
Details >03/13/2023
FBI, CPD still searching for Chicago Loop bank robbery suspect who sparked downtown shootout
ABC 7 Eyewitness News
CHICAGO (WLS) -- Chicago police and the FBI are searching Friday for the suspect accused of robbing a bank at gunpoint in the Loop Thursday afternoon.
Details >03/13/2023
52 people charged with welfare fraud in Pennsylvania, Inspector General reports
WTAJ News
HARRISBURG, Pa. (WTAJ) — Charges have been filed against 52 people for welfare fraud in Pennsylvania, the Office of the State Inspector General (OSIG) announced.
Details >03/13/2023
Dole Foods Cyber Attack Shows Importance of Cyber Resilience
Government Technology
Preparedness is key for keeping operations moving in the event of a cyber incident, like when Dole Foods didn’t know it had been the victim of ransomware until customers complained they couldn’t find their favorite products.
Details >03/13/2023
Dark Web: The Good, Bad and Ugly of This Online Underworld
Jumpstart
The dark web is infamous for hosting illegal activities, but there are legitimate uses like combating censorship and protecting individuals
Details >03/13/2023
AI Can Help Credit Unions Make Payments Smarter and Credit More Accessible
PYMNTS
Beyond the chatbots and hype, artificial intelligence has the potential to improve financial services.
Details >03/13/2023
Merchants Shift Focus to ‘Good Guy’ Strategy to Fight Fraud and Boost Conversions
PYMNTS
The payments ecosystem spends 99% of its time and money on the 1% of the people who are out to exploit the system: the fraudsters. It’s now time to turn the tide.
Details >03/12/2023
The Silicon Valley Bank Story No One Has Told
PYMNTS
It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley Bank collapsed.
Details >03/12/2023
Utah bank robber steals $1, demands to go to federal prison: report
Fox 6 Milwaukee
A suspected bank robber in Utah demanded $1 from a bank teller Monday and waited for police officers to arrive because he wanted to be jailed in federal prison.
Details >03/12/2023
Duluth nonprofit director guilty of money laundering
Ground.news
Charles Emeka Obije, 40, of Duluth, pleaded guilty Tuesday to conspiracy to commit international money laundering.
Details >03/08/2023
Charges: Attorney-in-fact used elderly woman’s money for personal pleasure, expenses
Southern MN News
A Mankato woman is accused of using her powers of attorney to swindle an elderly woman out of more than $5,000.
Details >03/08/2023
FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall
PYMNTS
If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled.
Details >03/08/2023
Treasury arm warns of surging mail theft and check fraud
The Daily News Galveston County
An arm of the U.S. Treasury late last month issued an alert to financial institutions about a nationwide surge in mail-theft related check fraud schemes targeting carriers such as the U.S. Postal Service.
Details >03/08/2023
Account takeover attacks possible with Booking.com vulnerabilities
SC Media
SiliconAngle reports that Booking Holdings' online travel agency Booking.com had several critical security flaws within its implementation of the OAuth functionality, which could be leveraged to achieve widespread account takeovers and server breaches.
Details >03/08/2023
Suspected bank robber faces charges for trying to shoot, disarm Joliet police officers
CBS Chicago
CHICAGO (CBS) – A man suspected of a bank robbery is facing multiple charges stemming from an incident last month in which he allegedly tried to shoot and disarm Joliet police officers who arrested him.
Details >03/08/2023
Sued by Meta, Freenom Halts Domain Registrations
Krebs on Security
The domain name registrar Freenom, whose free domain names have long been a draw for spammers and phishers, has stopped allowing new domain name registrations.
Details >03/06/2023
ATM thieves use glue and "Tap" function to drain accounts at Chase Bank
ABC 7 Chicago
SAN FRANCISCO -- ATMs provide great convenience -- but they're also longtime targets of thieves.
Details >03/06/2023
AARP scam alert: National Consumer Protection Week
Wiscasset Newspaper
It’s National Consumer Protection Week —and while AARP is focused on protecting consumers year-round – this is a good time to highlight some key consumer protection tips.
Details >03/06/2023
Most Targeted Industries for Cyber Attacks
Cyber Kendra
Cyber attacks are on the rise, and the costs of such attacks can be significant. According to a recent study, the average cost of a data breach is over $3.8 million, with costs increasing by 10% each year.
Details >03/06/2023
More Than Half of Bank Consumers Want Better Transaction Security
PYMNTS
As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification.
Details >03/06/2023
Crypto Winter Didn’t Chill Fraudsters Ability to Score $20 Billion in 2022
PYMNTS
Even the criminals have felt the chill of the crypto winter.
Details >03/05/2023
'Check washing' is gaining popularity across SE Wisconsin as criminals break into mailboxes to steal banking information
CBS 58
KENOSHA, Wis. (CBS 58) -- Check washing is the latest, ruthless trend criminals are taking part in. It's happening across the country, and CBS 58 has heard from many businesses and individuals who've experienced it here in SE Wisconsin recently.
Details >03/05/2023
It’s been an ugly six months for identity theft and data breaches
Biometric Update
A look back at U.S. security debacles in 2022, combined with a “major incident” this year, is doing nothing to make Americans feel good about the safety of the biometric data they share.
Details >03/05/2023
Highlights from the New U.S. Cybersecurity Strategy
Krebs on Security
The Biden administration today issued its vision for beefing up the nation’s collective cybersecurity posture, including calls for legislation establishing liability for software products and services that are sold with little regard for security.
Details >03/05/2023
Modern Treasury Launches ‘Global ACH’ With Silicon Valley Bank Signing On
PYMNTS
San Francisco-based financial services platform Modern Treasury is introducing a product called “Global ACH” which it bills as “a new payment service” that enables lower-cost cross-border transfers than options like SWIFT by utilizing local payment rails.
Details >03/05/2023
Digital-First Banks Well-Positioned to Win Small Business Hearts and Minds
PYMNTS
Traditional FIs are at risk of losing their business banking relationships — especially with smaller firms.
Details >03/05/2023
White House Wants $1.6B to Attack Identity Theft, Fraud
MeriTalk
The Biden-Harris administration released a three-part proposal on March 2 asking Congress for $1.6 billion to help provide Federal agencies and local governments with more funding to handle pandemic-related fraud claims, modernize identity verification systems, and support victims of identity theft.
Details >03/05/2023
The Dangerous Role Personal Email Plays In Account Takeovers
Forbes
Kasada CTO, stopping bot attacks that others can't stop with novel mitigation techniques that beat cybercriminals at their own game.
Details >03/05/2023
Critical Vulnerabilities Allowed Booking.com Account Takeover
Security Week
Booking.com recently patched several vulnerabilities that could have been exploited to take control of a user’s account.
Details >03/05/2023
Seven red flags that your tax preparer is a fraud
The Washngton Post
Your preparer could even try to ‘ghost’ you, leaving you to handle the IRS on your own.
Details >03/05/2023
FinCEN Warns of Surging Check Fraud
JD Supra
On February 28, the Financial Crimes Enforcement Network of the U.S. Department of Treasury (FinCEN) issued an alert warning financial institutions to be vigilant in identifying and reporting check fraud schemes targeting the U.S. Mail.
Details >03/03/2023
Cryptocurrency ATM Company CEO Arrested in Miami Beach on Warrant for Conspiracy, Money Laundering
NBC Miami
The CEO of a cryptocurrency ATM company was arrested in Miami Beach on an Ohio warrant that accused him of conspiracy, money laundering and other charges.
Details >03/01/2023
AI Becomes the Human-Machine Bridge That Makes Payments Safe and Smart
PYMNTS
As the world buzzes about ChatGPT, the payments and financial sectors are already sizing up advanced new artificial intelligence (AI) tools relating to how they can move from parsing vast amounts of data instantly to detecting fraud to having human-like service interactions.
Details >03/01/2023
Hackers Claim They Breached T-Mobile More Than 100 Times in 2022
Krebs on Security
Three different cybercriminal groups claimed access to internal networks at communications giant T-Mobile in more than 100 separate incidents throughout 2022, new data suggests.
Details >03/01/2023
Sweetwater School District System Outage Due to Cyber Attack
Government Technology
The largest secondary school district in California shut down its Internet and student information system after noticing problems with Microsoft systems. It will take weeks to confirm whether personal information was compromised.
Details >03/01/2023
Supreme Court Seems Skeptical of Broad Sweep of Identity Theft Law
The New York Times
Using examples drawn from valet parking and restaurant meals, the justices indicated that a federal law imposing mandatory two-year sentences should be read narrowly.
Details >03/01/2023
FinCEN Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes Targeting the U.S. Mail
Financial Crimes Enforcement Network
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) is issuing an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail. Fraud, including check fraud, is the largest source of illicit proceeds in the United States and is one of the anti-money laundering/countering the financing of terrorism (AML/CFT) National Priorities.
Details >03/01/2023
Connecticut insurance firm owner pleads guilty to $40 million fraud scheme
Insurance Business Magazine
A Fairfield County, CT man who co-owns an insurance company has admitted to committing a $40 million insurance fraud through his own firm.
Details >03/01/2023
Former Bank Employee Convicted After Trial for Fraudulently Opening Bank Accounts
US Attorney's Office District of Maryland
Greenbelt, Maryland – A federal jury in Maryland has convicted Diape Seck, age 29, of Rockville, Maryland for his role in a bank fraud scheme in which he and his co-conspirators obtained or attempted to obtain almost $2 million by fraud, including by stealing checks from the mail of churches and religious institutions. The guilty verdict was returned late on February 24, 2023.
Details >03/01/2023
‘Check washing’ scam using stolen mail costing central Ohioans
NBC 4
LANCASTER, Ohio (WCMH) — Law enforcement agencies across central Ohio are warning people to take steps to protect their bank accounts after a string of mail thefts across the area.
Details >03/01/2023
Men accused of forging more than $750K in money orders
The Shelby Star
A Shelby man, along with three others from Charlotte, is accused of cashing in on fake money orders to gain more than $750,000.
Details >02/27/2023
Who’s Behind the Botnet-Based Service BHProxies?
Krebs on Security
A security firm has discovered that a six-year-old crafty botnet known as Mylobot appears to be powering a residential proxy service called BHProxies, which offers paying customers the ability to route their web traffic anonymously through compromised computers.
Details >02/27/2023
The Most Common Types of Payment Fraud and How to Detect Them
Tech Bullion
Payment fraud has become an increasingly prevalent problem in today’s digital age. With the rise of online transactions and mobile payments, fraudsters have found new ways to exploit vulnerabilities and defraud unsuspecting victims.
Details >02/27/2023
33% of US Retailers Plan to Add Real-Time Payments
PYMNTS
After three tumultuous years leading to a very uncertain 2023, retailers are innovating in key areas to improve customer journeys with advanced data approaches and real-time payments.
Details >02/27/2023
What 500 CFOs Now Say Is Their 2023 Top Payments Priority
PYMNTS
Businesses have dealt with unprecedented change in recent years and are preparing for what comes next. With the near-term economic outlook uncertain, many are reconsidering the distribution of their technology spending.
Details >02/27/2023
Briefs Industry Food producer Dole confirms ransomware attack
The Record
Fresh fruit and vegetables producer Dole confirmed late Wednesday that it had been hit by a ransomware attack, following a report that a cyber incident forced it to shut down some production facilities.
Details >02/27/2023
When Low-Tech Hacks Cause High-Impact Breaches
Krebs on Security
Web hosting giant GoDaddy made headlines this month when it disclosed that a multi-year breach allowed intruders to steal company source code, siphon customer and employee login credentials, and foist malware on customer websites.
Details >02/27/2023
Two Nigerian citizens indicted for attempting to defraud the United States of over $25 million
U.S. Attorney's Office Western District of Washington
Defendants used thousands of stolen identities to obtain over $2.4 million in fraudulent COVID-19 unemployment benefits
Details >02/27/2023
GROUP MADE $3 MILLION IN BANK FRAUD SCHEME INVOLVING STOLEN MAIL
News Maven
A $3 million bank fraud scheme in Charlotte, NC just sent Terrell Freeman, 35, Joshua Monteith, 32, and Yanalise Hodge, 23, to prison. The scheme involved stolen checks and mail. The suspects were sentenced to prison on September 20, 2022.
Details >02/26/2023
Apple iPhone thieves using simple trick to take everything, report finds
Yahoo
iPhone thieves who spied on a victim's passcode before stealing the Apple device can easily reset settings preventing its owner from accessing it.
Details >02/26/2023
Dish Network hit by multi-day internal outage, in possible cyber attack
Data Center Dynamics
Dish Network's websites, apps, and internal systems are offline in a multi-day outage.
Details >02/26/2023
Victims of $55 million fraud urged to contact federal officials after Florida man pleads guilty
3 News Now Omaha
A Florida man pleaded guilty Friday for his part in an investment fraud scheme that defrauded more than 10,000 victims nationwide of over $55 million.
Details >02/23/2023
Banks caught up in massive bank fraud begin to show temporary losses
The Nebraska Examiner
Six banks and savings and loans who loaned money due to false financial statements reported losses in 4th quarter
Details >02/23/2023
The renewed rise of check fraud
The Week
Check fraud is not new, and financial plots have been around in the United States for centuries. But what has caused the renewed uptick in check fraud in recent years, and what can be done about it?
Details >02/23/2023
Lawmakers Announce Plan to Cut Down on Robocall
NBC Connecticut
Some Connecticut officials have a plan to cutdown on robocalls in hopes of protecting residents from falling victim to scams and being inundated with unwanted calls and also place limits on telemarketing calls.
Details >02/23/2023
How To Protect Your Personal Information From Data Breaches And Identity Theft?
Big News Network
With the rise of data breaches and hacks, it's more important than ever to protect your personal information.
Details >02/23/2023
Forgo fraud this tax season: IRS-CI issues tips to protect your wallet, identity
Wyoming News Now
Tax season kicked off Jan. 23, and IRS Criminal Investigation (IRS-CI) reminds U.S. taxpayers to take extra steps to protect their identities and wallets when filing their taxes. “Education and outreach are key to preventing tax fraud,” said IRS-CI Chief Jim Lee. “If U.S. taxpayers know what to lookout for, they can avoid falling victim to the latest tax fraud scheme.” Forgo fraud this filing season:
Details >02/23/2023
7 reasons to avoid investing in cyber insurance
CSO Online
Increasing complexity within the cyber insurance market is raising questions over its viability as a business investment. Here are 7 reasons why an organization may be advised to avoid or delay investing in insurance.
Details >02/23/2023
Help us Slam the Scam
Social Security Administration
On National Slam the Scam Day and throughout the year, we give you the tools to recognize Social Security-related scams and stop scammers from stealing your money and personal information. Share scam information with your loved ones. Slam the Scam!
Details >02/20/2023
FTC to voice service provider: give the robocalls a rest
FTC
Tired of getting endless robocalls? We are too. Robocalls aren’t just a pain to get, they’re often pushing scams for things like fake auto warranties and debt relief.
Details >02/20/2023
Tax Season Best Practices to Avoid Identity Fraud – 2023
CPA Practice Advisor
To fight identity fraud and cybercrime, tax preparers and filers must collaborate and adopt effective methods to secure their data and financial resources.
Details >02/20/2023
Bomb threat robbery suspect plans to plead guilty
Keloland.com
SIOUX FALLS, S.D. (KELO) — The man, who claimed to have a bomb during a Sioux Falls bank robbery last summer, plans to enter a guilty plea next month.
Details >02/20/2023
Cherry Hill residents are being targeted by an FBI phone scam
Philly Voice
Callers are saying that there’s a federal warrant out for potential victim's arrest, which will be thrown out if they make a payment
Details >02/20/2023
GoDaddy Suffers Multi-Year Cyber Attack Resulting in Theft of Source Code
Itechpost
GoDaddy has been subjected to a system breach that appears to have been going on for years. The hackers stole the company's source code and installed malware on its servers, leaving its customers vulnerable to malware.
Details >02/20/2023
Boulder County recovers $238,000 it lost in scam
CBS News
A Boulder County Sheriff's Office detective traced nearly a quarter of a million dollars which the county lost last year in a "spearfishing" scam and recovered the entire amount.
Details >02/20/2023
Orange County woman’s 6-month gambling spree at Wynn Las Vegas funded by $10M fraud scheme, lawsuit alleges
KTLA 5
An Orange County woman is facing claims that she funded a six-month gambling spree at the Wynn Las Vegas last year using a $10 million fraud scheme.
Details >02/17/2023
DDoS Attacks Continue to Threaten Healthcare Cybersecurity
Health IT Security
HC3’s latest brief shed light on the threat of Distributed Denial of Service (DDoS) attacks on healthcare cybersecurity, noting that they may have “detrimental impact on the ability to provide care.”
Details >02/17/2023
New Protections for Food Benefits Stolen by Skimmers
Krebs on Security
Millions of Americans receiving food assistance benefits just earned a new right that they can’t yet enforce: The right to be reimbursed if funds on their Electronic Benefit Transfer (EBT) cards are stolen by card skimming devices secretly installed at cash machines and grocery store checkout lanes.
Details >02/17/2023
Home health nurse charged after stealing 30,000 dollars from elderly man
Lootpress
NICHOLAS COUNTY, WV (LOOTPRESS) – An in-home nurse for Central Aging Solutions is facing charges after stealing from a man she was caring for.
Details >02/17/2023
Decatur woman indicted for stealing nearly $100,000 from elderly neighbor
News 19
DECATUR, Ala. (WHNT) — A 54-year-old Decatur woman has been indicted by a Morgan County Grand Jury for identity theft and for allegedly writing numerous checks to herself totaling nearly $100,000.
Details >02/17/2023
Dalton Police Seek Information On Woman Who Used Fake ID To Steal $7,000
Chattanoogan.com
The Dalton Police Department is asking for the public's help to identify a woman who used stolen bank account information and a fake ID to steal $7,000 from a local bank branch.
Details >02/17/2023
Amery Woman Sentenced to 18 Months for Stealing More Than $500,000 from Special Needs Trust
US Attorney's Office Western District of Wisconsin
MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Sarah Anne Tischer, 43, Amery, Wisconsin was sentenced yesterday by Chief U.S. District Judge James D. Peterson to 18 months in federal prison for wire fraud.
Details >02/16/2023
Incoming Payments Fraud Poses ‘Silent Threat’ to Bottom Lines
PYMNTS
Put up $2, and you can score $100 million. Incoming payments are the new attack vector.
Details >02/15/2023
Man accused of using phony ID at Oak Harbor bank
Whidbey News Times
Sharp-eyed employees at an Oak Harbor bank helped police catch a man who has allegedly been traveling the country and using phony IDs to steal from unsuspecting residents, according to court records.
Details >02/15/2023
Microsoft Patch Tuesday, February 2023 Edition
Krebs on Security
Microsoft is sending the world a whole bunch of love today, in the form of patches to plug dozens of security holes in its Windows operating systems and other software.
Details >02/15/2023
Florida Man Sentenced to Prison for Role in Nationwide “Felony Lane Gang” Conspiracy
US Attorney's Office Northern District of New York
ALBANY, NEW YORK – Tyrone Parker, age 41, of Fort Lauderdale, Florida, was sentenced today to 57 months in prison after previously pleading guilty to conspiracy to commit bank fraud and aggravated identity theft.
Details >02/15/2023
Romance and Imposter Scams Increasingly Targeting Military
PR Newswire
USAA and the Federal Trade Commission Report an 80% increase in cases over two years
Details >02/15/2023
TPD links man to four bank robberies
WCTV
TALLAHASSEE, Fla. (WCTV) - The Tallahassee Police Department arrested a suspect accused of holding up four different banks at gunpoint in recent months.
Details >02/15/2023
Man pleads guilty in Bismarck bank robbery
KFYR TV
BISMARCK, N.D. (KFYR) - A 30-year-old has entered a guilty plea for robbing a Bismarck bank.
Details >02/15/2023
Worse Than Spy Balloons? Taiwan Is More Concerned With Chinese Hacking
Bloomberg
There’s something worse than a spy balloon. But first…
Details >02/14/2023
Phishing Surges Ahead, as ChatGPT & AI Loom
Dark Reading
AI and phishing-as-a-service (PaaS) kits are making it easier for threat actors to create malicious email campaigns, which continue to target high-volume applications using popular brand names.
Details >02/14/2023
Cost of an email-borne security attack can on average exceed US$1 million
Intelligent CIO
An international study from Barracuda Networks shows that 69% of successful ransomware attacks start with an email. Barracuda Networks, a trusted partner and leading provider of cloud-first security solutions, has published its 2023 Email Security Trends report that shows how email-based security attacks affect organisations around the world.
Details >02/14/2023
Scam victims getting checks from $125M settlement
WTNH
(WXIN) — If you were a victim of a scam and paid money through MoneyGram, you may be getting your money back.
Details >02/14/2023
Minnesota Men Charged in Fake Dating Scheme Targeting the Elderly Read More: Minnesota Men Charged in Fake Dating Scheme Targeting the Elderly
WJON
MINNEAPOLIS (WJON News) -- Two Minnesota men are facing charges in a $3.5 million scheme that targeted elderly internet users.
Details >02/14/2023
Woman Used Identities of Dead People to Defraud U.S., Officials Say
The New York Times
A “lifelong thief and fraudster” from Chicago stole the identities of dozens, including murder victims, and defrauded the government of tax refunds and stimulus money, according to court records.
Details >02/14/2023
Credit card fraud hits 10-year high
altfi.com
Fraud levels skyrocketed in the final quarter of 2022 as consumers looked to borrow to cover Christmas costs.
Details >02/14/2023
New cybercrime group calling itself DarkBit attacks Israeli university
Cyberscoop
It's not yet clear who is behind the group, but the name could have connections to other ransomware variants such as DarkSide and LockBit.
Details >02/14/2023
Russian hackers ‘disrupt Turkey-Syria earthquake aid’ in cyber attack on Nato
Independent
Russian hackers launched a cyber attack on Nato which disrupted communication with an aircraft providing earthquake aid to Turkey and Syria, according to reports.
Details >02/14/2023
Galileo on Why the Time for Real-Time Is Now
PYMNTS
Banks occupy a unique position in the payments universe.
Details >02/14/2023
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
PYMNTS
The U.K. has been experiencing a widespread payments fraud epidemic in recent years.
Details >02/14/2023
How AI Use Cases in Payments Are Moving Beyond Fraud
PYMNTS
As artificial intelligence (AI) gets smarter — as it’s designed to do over time and as usage increases — there are more places in the payment and connected economy ecosystems where it can have profound impacts from payments to fraud mitigation to customer service.
Details >02/13/2023
Nigerian Man Sentenced to Over 11 Years in Federal Prison for Conspiring to Launder Tens of Millions of Dollars from Online Scams
U.S. Attorney's Office District of California
Criminal Known Online as ‘Ray Hushpuppi’ Laundered Proceeds of School Financing Scam, Business Email Compromise Fraud and Other Cyber Schemes
Details >02/10/2023
Teenage boy used replica gun to rob downtown Gresham bank
The Outlook Online
A teenager was arrested in connection to an “armed” bank robbery that took place earlier this week in downtown Gresham.
Details >02/10/2023
Kidnapped and threatened with dynamite, bank manager forced to commit $360,000 robbery to save her daughter's life
CBS News
In November 2000, Michelle Renee, a bank manager, was held hostage with her 7-year-old daughter Breea and forced to rob the bank where she worked in Vista, California. Take a look behind the scenes at some evidence that helped investigators solve the case.
Details >02/10/2023
Over $115 million goes to MoneyGram users who paid scammers
FTC
Most of the time, if you send money to a scammer with a wire transfer, you don’t get money back.
Details >02/10/2023
Digital ID and KYC Platforms Potent Weapons Against Accounts Receivable Fraud
PYMNTS
Not knowing who’s on the other side of the transaction is expensive.
Details >02/09/2023
U.S., U.K. Sanction 7 Men Tied to Trickbot Hacking Group
Krebs on Security
Authorities in the United States and United Kingdom today levied financial sanctions against seven men accused of operating “Trickbot,” a cybercrime-as-a-service platform based in Russia that has enabled countless ransomware attacks and bank account takeovers since its debut in 2016.
Details >02/09/2023
Man Tied to ‘Romance Scam’ Fraud Sentenced to 7 Years in Prison
WTTW
A Chicago resident who fled the country after being charged in connection with a multimillion-dollar “romance fraud” scheme has been sentenced to more than seven years in federal prison.
Details >02/09/2023
Modern romance scams include deep background checks, US bank accounts & organized crime rings
KTIV Sioux City IA
SIOUX CITY (KTIV) - When folks are looking for love, they need to watch out for cyber criminals trying to scam them. According to FBI data, more than 19,000 Americans were victims of “romance scams” last year, totaling over $700 million in lost money.
Details >02/09/2023
Financial Institutions are Suffering from Increasingly Sophisticated Cyber Attacks, Which Require a Defensive Paradigm Shift, According to the Cyber Bank Heists Report Released by Contrast Security
PR News Wire
LOS ALTOS, Calif., Feb. 7, 2023 /PRNewswire/ -- Contrast Security (Contrast), the code security platform built for developers and trusted by security, today released its Cyber Bank Heists report, an annual report that exposes the cybersecurity threats facing the financial sector.
Details >02/08/2023
Google Pay Ditches the CVV With Virtual Card Numbers for Amex Holders
PYMNTS.com
Autofill solved a lot of problems for eCommerce — especially friction at checkout.
Details >02/08/2023
‘Hey Siri’: Troy police say man used iPhone voice feature from back of patrol car to set his alibi
Fox 2
TROY, Mich. (FOX 2) - Troy Police said a man who was arrested for identity theft was able to make phone calls from his iPhone using the ‘Hey Siri’ voice function while sitting in the back of a patrol car.
Details >02/08/2023
Attempted Grand Larceny / East Meadow
Nassau County Police Department NY
The Third Squad reports the details of an Attempted Grand Larceny that occurred on Monday, February 6, 2023, at 1:30 AM in East Meadow.
Details >02/08/2023
Sheriff frustrated with no bail release of serial bank robbery suspect
8 News Now
LAS VEGAS (KLAS) — Clark County Sheriff Kevin McMahill expressed his displeasure with the recent jail release of an alleged serial bank robber who, along with an accomplice, is accused of either robbing or attempting to rob nine Las Vegas and Henderson banks in a 20-day period.
Details >02/08/2023
Congress passes Financial Exploitation Prevention Act; Who will benefit from it?
Blogging Big Blue
The Financial Exploitation Prevention Act of 2023, introduced by Rep. Ann Wagner, R-Mo., Chairwoman of the House Financial Services Subcommittee on Capital Markets, was approved by the House late on Monday, to protect seniors by establishing “a buffer between financial transactions if fraud is suspected.”
Details >02/08/2023
Scamming of senior citizens causes push for elderly protection bill
95.3MNC Radio
You’ve seen stories about scammers all the time. They get creative in how they try to hoodwink you into giving them your money.
Details >02/08/2023
Hackers Breached Multiple Federal Agencies via Remote Monitoring and Management Software
CPO Magazine
U.S. federal agencies identified a widespread cyber campaign leveraging legitimate remote monitoring and management software to compromise federal networks.
Details >02/08/2023
Counterfeit 100 Bills
Douglas County Sheriff's Office
In the last week, a bar in Douglas County, Minnesota, received $500 in fake $100 bills. The bills in question were passed while buying pull tabs.
Details >02/06/2023
How Zelle Scams Work and How to Protect Against Them
Make Use of
Zelle makes sending money to friends, family members, and selected small businesses easy and convenient.
Details >02/06/2023
Why Russia's cyber-attacks have fallen flat
Mint - The Economist
Wars are testbeds for new technology. The Korean war saw jet fighters employed at scale for the first time. Israel pioneered the use of drones as radar decoys in its war with Egypt in 1973.
Details >02/06/2023
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
PYMNTS
The Federal Reserve’s FedNowsm Service, a new instant payments infrastructure for the nation’s financial institutions (FIs), is expected to catalyze broad access to instant payments for consumers and businesses. When it launches later this year, the 24/7 service will come equipped to support popular use cases such as account-to-account (A2A) transfers and bill pay, in addition to features that help mitigate fraud.
Details >02/06/2023
Emergency Relief Funds: Significant Improvements Are Needed to Address Fraud and Improper Payments
U.S. Government Accountability Office
The federal government distributed funds quickly during the COVID-19 pandemic. This led to an increase in fraud and other "improper payments"—payments that shouldn't have been made or were made in the incorrect amount. The extent of fraud in COVID-relief programs is not yet known but our estimate suggests that one program, Unemployment Insurance, made over $60 billion in fraudulent payments.
Details >02/06/2023
How ransomware works — and why cyber attacks are hitting schools
KGUN 9
TUCSON, Ariz. (KGUN) — Ransomware, as the name implies, is a digital way of holding your information hostage.
Details >02/06/2023
FTC fines GoodRx for unauthorized sharing of health data
Federal News Network
In a first-of-its-kind enforcement, the Federal Trade Commission has imposed a $1.5 million penalty on telehealth and prescription drug discount provider GoodRx Holdings Inc. for sharing users’ personal health data with Facebook, Google and other third parties without their consent.
Details >02/06/2023
Area banks and FTC look to educate consumers during identity theft awareness week
Manistee News
This week was Identity Theft Awareness Week from the Federal Trade Commission and local banks and credit unions were looking to spread that awareness too.
Details >02/06/2023
Feds say cyberattack caused outage of 988 suicide helplines in US
Business Standard
The attack occurred on the network for Intrado, the company that provides telecommunications services for the helpline
Details >02/05/2023
‘I like freaked out’: Woman says changes to her phone bill she didn’t approve cost her thousands
WFTV
POINCIANA, Fla. — A woman in Poinciana contacted Action 9 claiming she was the victim of a different kind of cellular fraud, where scammers charged her wireless account for new lines and thousands of dollars in new iPhones.
Details >02/05/2023
Finland’s Most-Wanted Hacker Nabbed in France
Krebs on Security
Julius “Zeekill” Kivimäki, a 25-year-old Finnish man charged with extorting a local online psychotherapy practice and leaking therapy notes for more than 22,000 patients online, was arrested this week in France.
Details >02/03/2023
Newspaper delivery worker arrested after allegedly stealing $10,000 in altered checks from mailboxes
News 8000
MADISON, Wis. -- The Dane County Sheriff's Office says it has arrested a newspaper delivery worker for allegedly stealing thousands of dollars' worth of checks from mailboxes on his route.
Details >02/03/2023
Credit check: Thieves are swiping hundreds of thousands in campaign cash from members of Congress
Washington Examiner
Several members of Congress have been targeted by thieves who nabbed hundreds of thousands of dollars combined from their campaign accounts as fraudsters and cybercriminals continue to exploit entities involved in federal systems for major gains, according to Federal Election Commission filings reviewed by the Washington Examiner.
Details >02/03/2023
Nelson County detectives break up bogus check scam, put 2 behind bars
WLKY
Investigators believe the man behind the scheme, who worked with his girlfriend, has likely been doing it across the country for years.
Details >02/03/2023
Online nanny scam costs college student thousands
WBRZ 2
BATON ROUGE - A woman answered an online ad for a nanny job but it turned out to be a scam. Now she's in debt. Lundin Bellow contacted 2 On Your Side to warn others about the red flags she missed so they don't end up in the same situation.
Details >02/01/2023
Woman defrauded banks out of $32,000, say Windsor police
Windsor Star
Windsor police are hoping the public can help identify a woman who stole $32,000 from banks with the use of a fake driver’s licence.
Details >02/01/2023
House passes bill to protect elderly, vulnerable Americans from financial exploitation
Fox Business
The House on Monday passed a bipartisan bill that aims to prevent the financial exploitation of elderly and disabled Americans by scammers amid a surge in such crimes that have impacted one in five senior citizens.
Details >01/31/2023
Pay Attention to the Human Cost of Identity Fraud
ALM Credit Union Times
Millions of words have been written about the financial cost of identity fraud, for both the financial institution and the victim – and for good reason. In 2021 identity fraud cost U.S. businesses an estimated $52 billion, according to Javelin Strategy & Research.
Details >01/31/2023
U.S. watchdog identifies $5.4 billion in potentially fraudulent COVID-19 loans
Reuters
WASHINGTON, Jan 30 (Reuters) - The U.S. government likely awarded about $5.4 billion in COVID-19 aid to people with questionable Social Security numbers, a federal watchdog said in a report released on Monday.
Details >01/31/2023
Update your Facebook, Instagram security settings after this major bug!
SAMAA
Facebook and Instagram users were left vulnerable to account takeover attacks due to a bug in a new centralized system created by Meta.
Details >01/31/2023
Mailbox thefts leading to check fraud a growing trend in Madison area, authorities say
Madison.com
Mailbox thefts leading to check fraud is a growing trend in the Madison area, authorities reported.
Details >01/31/2023
75% of Businesses Know They Need Better Digital Fraud Tools
PYMNTS
Automated fraud-fighting systems have proven successful, although data suggests that firms planning in-house solutions may encounter unexpected headaches.
Details >01/30/2023
Pro-Russian hackers claim responsibility for cyber attacks on U.S. hospitals
Yahoo News
A pro-Russian hacking group is claiming responsibility for cyberattacks on several hospitals in the United States.
Details >01/30/2023
JD Sports hit by cyber-attack that leaked 10m customers’ data
The Guardian
The fashion retailer JD Sports said the personal and financial information of 10 million customers was potentially accessed by hackers in a cyber-attack.
Details >01/30/2023
Can I Change My Social Security Number?
CNET
It's possible to get a new Social Security number. But it's not easy or necessarily advisable.
Details >01/30/2023
Houston police say ‘sharp dressed man' in hat and dark suit wanted in 2 bank robberies
Fox News
Houston police are looking for a "sharp dressed" man caught on camera in two bank robberies this month.
Details >01/30/2023
Prevent advanced ransomware attacks with good email security
Cyber Security Hub
A deep dive into why email security is main factor and used to protect against advanced cyber-attacks, how ransomware attacks are evolving and how to overcome changing threats
Details >01/30/2023
Ukraine Hit with New Golang-based 'SwiftSlicer' Wiper Malware in Latest Cyber Attack
The Hacker News
Ukraine has come under a fresh cyber onslaught from Russia that involved the deployment of a previously undocumented Golang-based data wiper dubbed SwiftSlicer.
Details >01/30/2023
Medical identity theft: Why your medical records make scammers big bucks
WJBF.com
(WSPA) – We have reported on many scams that can affect your wallet, but one alarming trend can impact your money and your health: medical identity theft.
Details >01/30/2023
If Your Social Security Number Is Stolen, Here's What You Can Do
Cnet.com
Learn how to prevent identity theft and what you can do if it happens.
Details >01/30/2023
Woman Admits Stealing Info in Check Fraud Schem
Warwick Post
PROVIDENCE – A former bank employee has admitted to a federal judge that she stole the banking information of people and businesses, giving it to co-conspirators for check fraud, announced United States Attorney Zachary A. Cunha.
Details >01/30/2023
Omaha police arrest two suspected bank robbers
6 News WOWT
OMAHA, Neb. (WOWT) - Two suspected bank robbers were arrested early Friday morning in Omaha.
Details >01/30/2023
Dutchess County Issues Scam Warning About Latest EBT Card Skimming
WRRV Radio
Dutchess County Government issued a statement urging residents to protect their EBT Benefits against thieves.
Details >01/30/2023
Network Security Threats and Defenses: A 2023 Guide
Tripwire
What Is Network Security? Network security is a broad field, encompassing various processes, policies, rules, standards, frameworks, software, and hardware solutions. Its primary goal is to protect a network and its data from various threats, including intrusions and breaches.
Details >01/28/2023
ID Fusion: See the Forest Through the Trees
Security Boulevard
In the identity theft protection world, consumers’ personal information is monitored for exposure on the deep and dark web, and the results often come through as a series of disjointed data points.
Details >01/28/2023
Armed Bank Robbery Under Investigation In Naperville
Patch
Police say the suspect fled in a car after robbing a bank on Diehl Road Friday.
Details >01/28/2023
Omaha police arrest two suspected bank robbers
WOWT 6 News
OMAHA, Neb. (WOWT) - Two suspected bank robbers were arrested early Friday morning in Omaha.
Details >01/28/2023
Former IRS Employee Found Guilty on All Counts in Scheme to Defraud IRS and Commit Identity Theft
U.S. Attorney's Office Eastern District of California
FRESNO, Calif. — After a three–day trial, a federal jury found Deena Vang Lee, 41, of Fresno, guilty yesterday of three counts of wire fraud, two counts of aggravated identity theft, five counts of preparing and presenting false and fraudulent returns, and three counts of making and subscribing a false and fraudulent tax return, U.S. Attorney Phillip A. Talbert announced.
Details >01/28/2023
Medical identity theft: Why your medical records make scammers big bucks
WSPA
(WSPA) – We have reported on a lot of scams that can affect your wallet, but one alarming trend can impact both your money and your health: medical identity theft.
Details >01/28/2023
Mail, check fraud growing in Madison area
Spectrum News 1
MADISON, Wis. — Mail and check fraud is becoming a growing trend in the Madison area, according to Crime Stoppers.
Details >01/27/2023
Armored truck robbed at gunpoint at 79th and Capitol
Yahoo News
At approximately 8:15 this morning the Milwaukee Police Department responded to a robbery of an armored vehicle on the 7900 block of W. Capitol Drive.
Details >01/27/2023
Washington robbers drive away empty-handed after hitting roadblock in would-be ATM heist
Yahoo News
Deputies in Washington are searching for two men who were caught on a security camera attempting to break into an ATM located at a gas station.
Details >01/27/2023
HSI El Paso arrests local woman for wire fraud, impersonation of federal employee
U.S. Immigration and Customs Enforcement
EL PASO, Texas – Homeland Security Investigations (HSI) special agents arrested a local woman Jan. 23 on criminal charges related to her alleged wire fraud and impersonation of a federal employee.
Details >01/27/2023
U.S. Department of Justice Disrupts Hive Ransomware Variant
U.S. Department of Justice
The Justice Department announced today its months-long disruption campaign against the Hive ransomware group that has targeted more than 1,500 victims in over 80 countries around the world, including hospitals, school districts, financial firms, and critical infrastructure.
Details >01/26/2023
Cedar Falls Man Sentenced to Federal Prison in Check Kiting Scheme
U.S. Attorney's Office Northern District of Iowa
A Cedar Falls man who kited checks in a bank fraud scheme was sentenced on January 24, 2023, to one year and one day in prison. Nolan Otto DeWall, age 39, received the prison term after a June 7, 2022 guilty plea to one count of bank fraud.
Details >01/26/2023
Experian Glitch Exposing Credit Files Lasted 47 Days
Krebs on Security
On Dec. 23, 2022, KrebsOnSecurity alerted big-three consumer credit reporting bureau Experian that identity thieves had worked out how to bypass its security and access any consumer’s full credit report.
Details >01/26/2023
BBB Tip: Data privacy
BBB
The possibility of a cyberattack by a foreign country has gone from being the stuff of science fiction to a common threat that is often reported in the news.
Details >01/26/2023
Second bank employee admits role in $330,000 bank fraud scheme
Whatsupnewp.com
Another former bank employee today admitted to a federal judge that she stole the banking information of unsuspecting individuals and businesses and provided that information to co-conspirators, who used it to create fraudulent personal and business checks, announced United States Attorney Zachary A. Cunha.
Details >01/26/2023
Incognia Introduces New Suspicious Locations Feature
Martech Series
Capable of detecting fraud rings, Incognia’s precise location detection is the critical new intelligence layer for fraud and risk teams
Details >01/26/2023
GoTo now says customers’ backups have also been stolen
Help Net Security
GoTo (formerly LogMeIn) has confirmed on Monday that attackers have stolen customers’ encrypted backups from a third-party cloud storage service related to its Central, Pro, join.me, Hamachi, and RemotelyAnywhere offerings.
Details >01/26/2023
3 Cybersecurity Predictions for 2023 [Backed By Data]
Security Boulevard
Bots have gained massive popularity in the media as Elon Musk made it his personal mission to get rid of Twitter bots, bots were accused of buying out Taylor Swift tickets, and used to illegally steal and sell pharmacy prescriptions.
Details >01/26/2023
Federal Reserve Board announces it has fined Popular Bank $2.3 million for processing six Paycheck Protection Program (PPP) loans ....
FRB Board of Governors
The Federal Reserve Board on Tuesday announced that it has fined Popular Bank, of New York, New York, $2.3 million for processing six Paycheck Protection Program (PPP) loans despite having detected that the loan applications contained significant indications of potential fraud and for failing to report the potential fraud in a timely manner.
Details >01/26/2023
Armed suspects at large after $100K stolen from Huntington Bank in West Ridge, authorities say
ABC 7 Chicago
CHICAGO (WLS) -- Authorities are searching for two bank robbers who got away with $100,000 on the North Side on Monday night.
Details >01/24/2023
Four lessons learned from the latest Uber breach
SC Media
Uber’s recent data breach, which exposed sensitive employee and customer data to the BreachForums hacking forum, was the latest in a string of security incidents to hit the company in the last few years.
Details >01/24/2023
Identity Theft Awareness Week events focus on how to reduce your risk
FTC
As unique as we each are, we all look the same to identity thieves: like good targets. To them, it’s all about our Social Security numbers, birth dates, account login credentials, and other personal information. But during Identity Theft Awareness Week (January 30-February 3) we can all fight back against identity theft.
Details >01/23/2023
Global anti-money laundering fines surge 50%
The Irish Times
Global fines for failing to prevent money laundering and other financial crime surged more than 50 per cent last year, fuelling warnings that such penalties are not curbing the behaviour and systems flaws that allow criminals to channel money through the global financial system.
Details >01/23/2023
IRS, Apple, RBC Bank, Netflix, and AT&T – Top Phishing Scams This Week
Trend Micro
We’ve found a large number of phishing scams that you should watch out for, including ones relating to the IRS, Apple, RBC Bank, Netflix, and AT&T. Would you have been able to spot all the scams?
Details >01/23/2023
Bank Employee Admits Role in Fraud Conspiracy
The U.S. Attorney's Office District of Rhode Island
PROVIDENCE – A Providence woman who was previously employed by Citizens Bank admitted to a federal judge that she stole the banking information of unsuspecting individuals, businesses, and a law firm, and then provided that information to the leader of a bank fraud conspiracy, who used it to create fraudulent personal and business checks, announced United States Attorney Zachary A. Cunha.
Details >01/23/2023
Serial Fraudster Sentenced to Nine Years in Federal Prison
The U.S. Attorney's Office District of Maryland
Serial Fraudster Sentenced to Nine Years in Federal Prison for Participating in Elder Fraud “Grandparent” Scheme and a COVID-19 CARES Act Unemployment Benefit Scheme
Details >01/23/2023
Criminals using job postings to scam victims
Fox 5 San Diego
SAN DIEGO — You just got hired! But wait, it’s a scam?
Details >01/23/2023
What Is Card Cracking and How Can You Prevent It?
Make Use Of
Card cracking is another scam where something that seems too good to be true is, yes, too good to be true.
Details >01/23/2023
PayPal confirms data breach
Cyber News
According to the California-based fintech giant, the breach occurred sometime between December 6 and December 8.
Details >01/20/2023
New T-Mobile Breach Affects 37 Million Accounts
Krebs on Security
T-Mobile today disclosed a data breach affecting tens of millions of customer accounts, its second major data exposure in as many years.
Details >01/20/2023
Suspected bank robber quickly nabbed in Green Bay
WBAY 2 First Alert
GREEN BAY, Wis. (WBAY) - A man suspected of robbing a bank on Green Bay’s west side didn’t have the money for long.
Details >01/20/2023
Scams targeting seniors have more than doubled since 2020
WSAZ 3
InvestigateTV - Senior citizens have long been the target of scammers, but according to the AARP, the rate of elder financial exploitation has more than doubled since 2020.
Details >01/19/2023
Critical Git Vulnerabilities Discovered in Source Code Security Audit
Security Week
A source code security audit has led to the discovery of several vulnerabilities in Git, the widely used distributed version control system.
Details >01/19/2023
Fewer Cyber Attacks Are Seeing Ransom Payouts, Report Finds
Government Technology
A newly released report from Connecticut-based IT vendor Datto suggests that only around three out of 100 small- to medium-size businesses hit with ransomware pay cyber criminals to recover their data.
Details >01/19/2023
FinCEN Identifies Virtual Currency Exchange Bitzlato as a “Primary Money Laundering Concern” in Connection with Russian Illicit Finance
Financial Crimes Enforcement Network
WASHINGTON— Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an order that identifies the virtual currency exchange Bitzlato Limited (Bitzlato) as a “primary money laundering concern” in connection with Russian illicit finance.
Details >01/19/2023
Why Crowdfunding is a Top AML Risk for 2023
Comply Advantage
Protests across Ottawa and US-Canada border crossings in 2022 brought global awareness to the problem of crowdfunding platforms being used to finance extremist groups.
Details >01/19/2023
‘Have a nice day. Stay warm,’ St. Paul bank robber says before leaving with $28K, charges say
Pioneer Press
Prosecutors say Andre Christopher Nelson pointed a handgun at three tellers while robbing a St. Paul bank of more than $28,000 cash Tuesday morning. But before he left, he said, “Have a nice day. Stay warm.”
Details >01/19/2023
New Technologies to Tackle Authorized Payment, Zelle Scams
Bank Info Security
Scammers are duping victims in many ways: tricking customers into believing they need to reverse a Zelle payment, promising big earnings from cryptocurrency investments or convincing online lovers to send money.
Details >01/19/2023
Hackers set sights on IoT devices
Connected Real Estate Magazine
Cyber criminals are expected to shift their sights away from ransomware and onto Internet of Things (IoT) devices, according to industry experts, CNBC reports. The rapid increase in the number of IoT devices has captured hackers’ attention.
Details >01/19/2023
IT Burnout may be Putting Your Organization at Risk
Bleeping Computer
The heavy responsibility of securing organizations against cyber-attacks is overwhelming and weighs heavier on security professionals, recent data shows. In fact, fifty-six percent of team members say their work stress grows yearly and there are no signs of slowing for 2023.
Details >01/19/2023
How To Protect Yourself From These 4 Banking Scams That May Target You
Yahoo Life
There are many benefits to keeping your funds in a bank account, but one of the main reasons many people keep their money at a bank rather than under the mattress is the added security this provides.
Details >01/19/2023
Charges: Inver Grove Heights bank robber stole $78K, tied up employees
Bring me the News
A man has been charged with robbing an Inver Grove Heights bank of more than $78,000 after zip-tying its employees.
Details >01/19/2023
Is Bank of America Experiencing Zelle Glitch? What We Know
Newsweek
Twitter on Wednesday was flooded with complaints from Bank of America customers who reported money disappearing from their accounts and apparent issues with the payment service Zelle.
Details >01/17/2023
59.4 million compromised payment card records posted for sale on dark web in 2022: report
The Record
Nearly 60 million compromised payment card records were posted for sale on dark web platforms in 2022, according to new report.
Details >01/17/2023
Thinking of Hiring or Running a Booter Service? Think Again.
Krebs on Security
Most people who operate DDoS-for-hire businesses attempt to hide their true identities and location.
Details >01/17/2023
Fraudsters have been stealing Oregon EBT benefits by skimming cards
KGW8.com
Unlike most bank debit or credit cards, Oregon Trail Cards are not equipped with smart chip technology to protect against skimming.
Details >01/17/2023
AI-generated phishing attacks are becoming more convincing
Tripwire
It's time for you and your colleagues to become more skeptical about what you read.
Details >01/15/2023
Man pleads guilty to identity theft
Minot Daily News
Michael Derrell Lawrence, 33, Minot, pleaded guilty on Tuesday in district court in Minot, to unauthorized use of personal identifying information to obtain credit of over $1,000, a Class B felony.
Details >01/15/2023
Man tied up workers, took over 78k during Inver Grove Heights bank robbery: Charges
Fox 9 KMSP
INVER GROVE HEIGHTS, Minn. (FOX 9) - A man faces felony charges for his alleged role in an Inver Grove Heights bank robbery where workers were restrained with zip ties, and a large amount of cash was taken.
Details >01/15/2023
9 ways to protect yourself from fraud this tax season
Yahoo
As a brand new tax season gets underway, some folks are anxious to file their returns so they can collect a refund.
Details >01/13/2023
Florida woman who attempted to rob bank left cellphone at scene, deputies say
WOKV Jacksonville
PENSACOLA, Fla. — A Florida woman accused of attempting to rob a bank was arrested after she left her cellphone at the business, authorities said.
Details >01/13/2023
Justice Department Secures Over $31 Million from City National Bank to Address Lending Discrimination Allegations
Department of Justice Office of Public Affairs
Largest Redlining Settlement Agreement in Department History; Department’s Combating Redlining Initiative Secured Over $75 Million for Neighborhoods of Color to Date
Details >01/12/2023
Police investigating bank robbery in Apple Valley
KSTP 5 Minneapolis, MN
Authorities are investigating after a bank was robbed Thursday morning in Apple Valley.
Details >01/12/2023
Man admits shooting, killing security guard in Metro East bank robbery
KSDK St. Louis, MO
During the 2021 bank heist, the robbers gave the teller a note saying, "I got a bomb strapped to my chest, put all the money in or everyone die."
Details >01/12/2023
Woman in wheelchair violently robbed outside bank near 26th and Wisconsin
WTMJ - TV Milwaukee
MILWAUKEE — Theresa Humsfeld, 66, had to have emergency surgery after she was targeted and injured in a robbery outside the U.S. Bank at 26th and Wisconsin Tuesday afternoon.
Details >01/12/2023
Three U.S. Postal Service Employees Charged in Million Dollar National Coronavirus Fraud Ring
U.S. Attorney's Office District of South Carolina
FLORENCE, SOUTH CAROLINA — Three defendants – all of whom were U.S. Postal Service employees during this alleged fraud scheme – have been charged in the District of South Carolina for their alleged roles in a fraud scheme related to the Coronavirus Aid, Relief, and Economic Security Act’s Paycheck Protection Program (PPP).
Details >01/12/2023
Guardian confirms it was hit by ransomware attack
The Guardian
Media firm says personal data of UK staff members was accessed in ‘highly sophisticated’ cyber-attack last month.
Details >01/12/2023
Zelle Fraud: More People Tricked Into Sending Money Over Popular E-Pay Option
NBC Chicago
Regulators say hundreds of millions of dollars are stolen through scams and fraud each year involving one of the most popular electronic options for making payments: Zelle. Now, the banks may be negotiating new ways to protect customers.
Details >01/12/2023
Four Denver area banks robbed in two days; suspect at large
Denver 9 News
The FBI is asking anyone with information to call Metro Denver Crime Stoppers.
Details >01/12/2023
Great Falls woman sentenced to prison for fraud, identity theft scheme
The Sun Times
GREAT FALLS — A Great Falls woman who admitted to participating in a scheme to use fraudulent checks to buy retail merchandise was sentenced today to seven months in prison, to be followed by three years of supervised release, and ordered to pay $2,652 restitution, U.S. Attorney Jesse Laslovich said.
Details >01/11/2023
Don’t answer another online quiz question until you read this
FTC
What do the model of your first car, your favorite hobby, and the high school you attended have in common?
Details >01/10/2023
Des Moines, IA, schools closed following apparent cyber attack
Fox News
The Iowa school district made the decision after being 'alerted to a cyber security incident on its technology network'
Details >01/10/2023
Defining Fraudulent Checks And Their Legal Penalties
Harlem World Magazine
Fraudulent checks are fraudulent bank checks that are drawn on funds from a checking or savings account that the depositor did not authorize.
Details >01/10/2023
How to spot modern scam techniques, from fake remote jobs to check fraud
MPR News
Scamming is an industry that seeks to trick and prey on the vulnerable through a variety of platforms.
Details >01/10/2023
Microsoft Patch Tuesday, January 2023 Edition
Krebs on Security
Microsoft today released updates to fix nearly 100 security flaws in its Windows operating systems and other software. Highlights from the first Patch Tuesday of 2023 include a zero-day vulnerability in Windows, printer software flaws reported by the U.S. National Security Agency, and a critical Microsoft SharePoint Server bug that allows a remote, unauthenticated attacker to make an anonymous connection.
Details >01/09/2023
Husband of missing Cohasset woman Ana Walshe pleaded guilty to art fraud
Mass Live
The husband of a missing Cohasset woman who was last seen at her home on New Year’s Day pleaded guilty to selling fake copies of Andy Warhol paintings on eBay in April 2021.
Details >01/09/2023
Men more likely to be victims of stolen identity than women, survey suggests
The National News
Men are about twice as likely as women to have had their identity stolen, a survey by Nationwide Building Society has found.
Details >01/09/2023
Man pleads guilty to deadly Illinois bank robbery
My State Line
EAST ST. LOUIS, Ill. (WTVO) — A St. Louis man pled guilty Thursday for his role in a 2021 East St. Louis bank robbery that left a security guard dead.
Details >01/09/2023
Fraud Alert: Credit Repair Scams
AARP
If you’re like a lot of Americans, you spent a lot this holiday season and you might be in the mood to tackle your debt in the New Year. Getting yourself out of debt is hard work and it is time intensive. Be wary of offers of guaranteed quick fixes.
Details >01/09/2023
Thieves swipe bag filled with $300,000 in cash in front of Brooklyn bank: police
PIX 11
BROOKLYN (PIX11) — Two thieves distracted an armored truck driver while their accomplice grabbed a bag containing $300,000 in cash near a Brooklyn bank on Friday, police said.
Details >01/09/2023
Brooklyn mail carrier gets 30 months for stealing $4M in money orders
Brooklyn Eagle
A 31-year old mail carrier in Brooklyn was sentenced to 30 months in prison on Wednesday after she was caught stealing more than $4 million worth of blank money orders from the post office where she worked in Utica Avenue in East Flatbush.
Details >01/09/2023
Identity Thieves Bypassed Experian Security to View Credit Reports
Krebs on Security
Identity thieves have been exploiting a glaring security weakness in the website of Experian, one of the big three consumer credit reporting bureaus.
Details >01/08/2023
Urgent warning for PC and Mac users over 10 'red flags' you're being spied on
Mirror
Hackers are becoming increasingly difficult to detect, but cyber experts have told of 10 red flags to look out for when it comes to protecting your PC or Mac from dangerous malware
Details >01/08/2023
Are Cyber Attacks at Risk of Becoming ‘Uninsurable’?
Security Boulevard
There are dark clouds on the horizon as well as conflicting forecasts regarding cyber insurance in 2023 and beyond. Where will the insurance market go from here on cybersecurity coverage?
Details >01/08/2023
Milwaukee police chase, vehicle wanted in armed robbery
Fox 6 Now
MILWAUKEE - Milwaukee police pursued a vehicle Saturday morning, Jan. 7 that was wanted in connection to an armed robbery
Details >01/08/2023
Amex, Amazon, Netflix, Costco, and Walmart – Top Phishing Scams This Week
Trend Micro
We’ve found a large number of scams that you should watch out for, including ones relating to American Express, Amazon, Netflix, Costco, and Walmart. Would you have been able to spot all the scams?
Details >01/08/2023
Cybersecurity Experts Warn Twitter Breach Will Have Lasting Ramifications
Forbes
In July 2019, the United States Conference of Mayors unanimously adopted a resolution not to pay any more ransom demands to hackers following a ransomware attack.
Details >01/08/2023
New Year, Same Data-Privacy Woes for Meta’s Advertising Cash Cow
PYMNTS.com
Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations.
Details >01/08/2023
Cybersecurity predictions for 2023.
Morrison Foerster - The CyberWire
Alex Iftimie, Michael Burshteyn, Miriam Wugmeister, Lokke Moerel, Haima Marlier, Kristen Mathews, Vincent Schroder, Tina Reynolds, and Markus Speidel spoke to The CyberWire about predictions and trends the cybersecurity sector may expect in 2023.
Details >01/08/2023
10 of the biggest ransomware attacks of 2022
Tech Target
Like last year, ransomware attacks in 2022 caused prolonged disruptions and saw stolen data leaked to public sites. Here are 10 of the biggest attacks from last year.
Details >01/06/2023
Man pleads guilty in fatal East St. Louis bank robbery
Kenosha News
A St. Louis man has pleaded guilty to a federal bank robbery charge in connection with a 2021 holdup in East St. Louis in which a security guard was shot dead.
Details >01/05/2023
Coinbase vulnerable to drug trafficking, money laundering and fraud, regulators say
CBS News New York
Coinbase is vulnerable to money laundering, drug trafficking and fraud, financial regulators in New York said Wednesday in a settlement that requires the cryptocurrency exchange to strengthen its security.
Details >01/05/2023
7 Top Scams to Watch Out for in 2023
AARP
Scammers are like viruses: They continually evolve in response to the latest news and trends, using them for new ways to separate us from our cash.
Details >01/05/2023
Russian Citizen Sentenced To 46 Months For Laundering Proceeds Of Internet Frauds
US Attorney's Office Southern District of New York
Damian Williams, the United States Attorney for the Southern District of New York, announced that TARAS ILYICH BEVZ, a citizen of Russia, was sentenced to 46 months in prison for laundering over a million dollars of proceeds of various internet frauds targeting dozens of U.S. citizens and companies. BEVZ was sentenced today by U.S. District Judge Naomi Reice Buchwald.
Details >01/05/2023
Skimmers placed on point-of-sale terminals at 2 High Point Walmarts; police estimate about $100K stolen so far, officials say
WXII 12
HIGH POINT, N.C. — High Point police said a skimmer was placed on a point-of-sale terminal at two Walmarts, and they believe about $100,000 has been stolen so far.
Details >01/05/2023
Dougherty County district attorney to focus on murder cases, elder abuse, protecting businesses in 2023
Albany Herald
ALBANY — These commitments don’t include things like losing weight or doing better with finances, but for Dougherty County District Attorney Greg Edwards, three areas he has emphasized for 2023 are New Year’s resolutions of a sort.
Details >01/05/2023
Denver police seeking public's help locating bank robbery suspect
CBS New Colorado
Denver police is asking for assistance from the community in locating a suspect following reports of a bank robbery on Tuesday.
Details >01/05/2023
New Map Shows Real-Time Payments Progress in 2023
PYMNTS.com
Real-time payments are becoming table stakes worldwide, driven by intense demand from businesses and individuals.
Details >01/05/2023
Agencies issue joint statement on crypto-asset risks to banking organizations
FRS Board of Governors
Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies' approaches to supervision in this area.
Details >01/05/2023
Consumers are placing their trust in mobile deposits. Here’s how banks can keep it.
Biometric Update
In our post-pandemic world, it’s evident most people have become used to interacting with their banks online and aren’t interested in returning to their old in-person, branch-based banking habits.
Details >01/05/2023
Police search for woman accused of cashing stolen check
ABC 25 Columbia
Lexington, SC (WOLO) — Lexington Police say they are searching for a woman accused of cashing a stolen check.
Details >01/05/2023
No cash, no bank heists in Denmark; criminals now go online
ABC News
For the first time in years, Denmark hasn’t recorded a single bank robbery
Details >01/05/2023
6 Credit Card Scams and How to Avoid Them
NerdWallet
Crooks don't have to steal your card — just your card information. Keep your money and your identity safe.
Details >01/03/2023
Call Centers Become Prime Target for Identity Fraud
PYMNTS.com
Retail call centers are the front line of consumer queries and the favorite new target for identity fraud.
Details >01/03/2023
Swansea Public Schools canceled on Wednesday after cyber attack
The Herald News
SWANSEA — Public schools in the town canceled school on Wednesday after the district was hit with a cyber attack.
Details >01/03/2023
Fraud Files: Billions in federal funds meant to help unemployed stolen by scammers
KWQC TV 6
Unemployment payments kept many Americans afloat during the pandemic, but con artists were also running scams to steal taxpayer dollars.
Details >01/02/2023
Washington bill would ban robocallers from using fake caller ID, tapping Do Not Call Registry
King 5
According to estimates based on TrueCaller survey data, more than 835,000 Washingtonians lost money to scam robocalls in 2021.
Details >01/02/2023
An overview of Cybersecurity Issues faced by the Fintech Industry
Security Boulevard
With so many digital wallet options, Fintech Cybersecurity Risks like fraudulent transactions, extortion, denial of service attacks, and credit card fraud have increased.
Details >01/02/2023
Ransomware group LockBit apologizes saying 'partner' was behind SickKids attack
CBC News
National cyber security centre says there's an increase in threats to health care, medical research facilities.
Details >01/02/2023
Ransomware Gang Says It Leaked Data from Xavier University Students, Staff
Government Technology
Vice Society, which is known for targeting schools with cyber attacks, says it leaked sensitive personal data of students and staff since Xavier University declined to meet its demands after a November ransomware attack.
Details >01/02/2023
FBI searching for suspects after bank robbery in Des Plaines
ABC 7
DES PLAINES, Ill. (WLS) -- A west suburban bank was robbed Thursday afternoon, the FBI and Des Plaines police said.
Details >01/02/2023
Woman wanted for using fake ID to withdraw $10K from someone else's bank account, HPD says
ABC 13
HOUSTON, Texas (KTRK) -- A woman is wanted for using a fake ID to withdraw thousands of dollars from someone's account in southeast Houston, police said.
Details >01/02/2023
Wanted: Police searching for man in violent 'jugging' incident, 4 others arrested
KATV
AUSTIN, Texas (TND/KEYE) — Police in Texas are searching for the latest suspect in a string of violent robberies known as "jugging," after arresting four suspects in a separate incident.
Details >12/29/2022
The 13 Costliest Cyberattacks of 2022: Looking Back
Security Intelligence
2022 has shaped up to be a pricey year for victims of cyberattacks.
Details >12/29/2022
Gaming Companies Take Big Risks This Holiday
Security Boulevard
As the holiday season ramps up, online gamers spend more time in their favorite virtual worlds. From Nintendo to Xbox to “God of War” and “Call of Duty,” a flood of video games appear on the scene, encouraging players to invest even more time and money in this form of competitive entertainment.
Details >12/29/2022
Crime Stoppers seeking information about a bank robbery
News Channel 20 - Champaign IL
CHAMPAIGN, Ill. (WCCU) — The Champaign County Crime Stoppers is seeking assistance from the public regarding a bank robbery.
Details >12/29/2022
Two in custody following Thornton bank robbery
Northglenn Thornton Sentinel
Two adults, a man and a woman, are in custody after a bank robbery at 120th Avenue and Colorado Boulevard in Thornton around 1 p.m. Tuesday.
Details >12/29/2022
Police Are Now Asking Certain Kroger Shoppers to Check "For Fraudulent Charges"
Yahoo
There are few feelings worse than looking at a receipt after a shopping trip and realizing that you've been overcharged.
Details >12/29/2022
Federal Indictment Charges Rush City Woman with Mail Fraud, Money Laundering
US Attorney's Office District of Minnesota
MINNEAPOLIS – A Rush City woman has been indicted for mail fraud and money laundering after participating in multiple schemes that defrauded individuals throughout the United States, announced U.S. Attorney Andrew M. Luger.
Details >12/28/2022
Deepfakes: Get ready for phishing 2.0
Fast Company
With deepfakes, phishing is evolving once again and being called the most dangerous form of cybercrime.
Details >12/28/2022
Hackers stole data from multiple electric utilities in recent ransomware attack
WQOW.com
(CNN) -- Hackers stole data belonging to multiple electric utilities in an October ransomware attack on a US government contractor that handles critical infrastructure projects across the country, according to a memo describing the hack obtained by CNN.
Details >12/28/2022
AI cyber attacks are a ‘critical threat’. This is how NATO is countering them
Euro News
Artificial intelligence (AI) is playing a massive role in cyber attacks and is proving both a “double-edged sword” and a “huge challenge,” according to NATO.
Details >12/27/2022
Cyber attacks set to become ‘uninsurable’, says Zurich chief
Financial Times
The chief executive of one of Europe’s biggest insurance companies has warned that cyber attacks, rather than natural catastrophes, will become “uninsurable” as the disruption from hacks continues to grow.
Details >12/27/2022
Don't click too quick! FBI warns of malicious search engine ads
Tripwire
The FBI is warning US consumers that cybercriminals are placing ads in search engine results that impersonate well-known brands, in an attempt to spread ransomware and steal financial information.
Details >12/26/2022
Man in custody in connection with Mound City Bank Robbery
MCSNews.net
KLZA -- A man is in custody as an investigation continues into a ban robbery in Mound City, Missouri, that occurred Wednesday afternoon.
Details >12/26/2022
LastPass Says Password Vault Data Stolen in Data Breach
Security Week
Password management firm LastPass says the hackers behind an August data breach stole a massive stash of customer data, including password vault data that could be exposed by brute-forcing or guessing master passwords.
Details >12/26/2022
The Top Trends in Debit
Payments Journal
As we continue to emerge from the COVID-19 pandemic, debit spending patterns are undergoing some interesting trends.
Details >12/26/2022
The Top 23 Security Predictions for 2023 (Part 1)
Government Technology
After a year full of data breaches, ransomware attacks and real-world cyber impacts stemming from Russia’s invasion of Ukraine, what’s next? Here’s part 1 of your annual roundup of security industry forecasts for 2023 and beyond.
Details >12/26/2022
Racine Man Indicted For Hacking Ring Doorbells, Calling Police For Fake Emergencies
Urban Milwaukee
Kya Christian Nelson is alleged to have livestreamed police response, taunted officers through cameras.
Details >12/23/2022
The Guardian hit by suspected ransomware attack
Engadget
The 'serious IT incident' hasn't stopped the newspaper from publishing stories online.
Details >12/22/2022
Fraud In The Valley
Forbes
With all of the news about FTX founder Sam Bankman-Fried (“SBF”) being arrested, reports that SBF would consent to extradition, but then on Monday, SBF demanded to see a copy of his federal indictment before agreeing to return to the U.S., there is a lot to cover.
Details >12/21/2022
The Equifax Breach Settlement Offer is Real, For Now
Krebs on Security
Millions of people likely just received an email or snail mail notice saying they’re eligible to claim a class action payment in connection with the 2017 megabreach at consumer credit bureau Equifax.
Details >12/21/2022
Nearly $80,000 stolen after local agency falls victim to check fraud
CBS 12
WEST PALM BEACH, Fla. (CBS12) — A governmental agency in West Palm Beach says they have fallen victim to theft and check fraud of nearly $80,000.
Details >12/21/2022
Ex-NYU admin siphoned $3.5M in grants and blew cash on herself — including an $80K pool: prosecutors
NY Post
A former New York University director of finance allegedly siphoned $3.5 million in state funding and blew a chunk of the cash on herself — including on an $80,000 pool for her Connecticut home, prosecutors said Monday.
Details >12/21/2022
Buyer Beware! Account Takeover Attacks Surging This Shopping Season
Security Boulevard
The prevalence of Account Takeover (ATO) attacks continues to rise, as the threat creeps its way to the top of the list of security concerns for organizations today.
Details >12/21/2022
Grand Jury Indicts 2 in ‘Swatting’ Scheme that Took Over Ring Doorbells Across U.S. to Livestream Police Response to Fake Calls
US Attorney's Office Central District of California
LOS ANGELES – Two men – one from Wisconsin, the other from North Carolina – have been charged with participating in a “swatting” spree that, over a one-week span, gained access to a dozen Ring home security door cameras nationwide, placed bogus emergency phone calls designed to elicit an armed police response, then livestreamed the events on social media, sometimes while taunting responding police officers, the Justice Department announced today.
Details >12/21/2022
Hacked Ring Cams Used to Record Swatting Victims
Krebs on Security
Two U.S. men have been charged with hacking into the Ring home security cameras of a dozen random people and then “swatting” them — falsely reporting a violent incident at the target’s address to trick local police into responding with force.
Details >12/21/2022
Internet Sleuths Identify Chiefs Superfan As Bank Robber
Fox Sports 1070
Internet sleuths have identified a Kansas City Chiefs superfan as a bank robber.
Details >12/20/2022
Hacked Ring Cams Used to Record Swatting Victims
Krebs on Security
Two U.S. men have been charged with hacking into the Ring home security cameras of a dozen random people and then “swatting” them — falsely reporting a violent incident at the target’s address to trick local police into responding with force.
Details >12/20/2022
Green Dot Banking Platform Extends Partnership With Wealthfront
PYMNTS.com
The Green Dot banking platform has extended its partnership with wealth management provider Wealthfront.
Details >12/20/2022
How to deal with cyberattacks this holiday season
Tripwire
The holiday season has arrived, and cyberattacks are expected to increase with the upcoming celebratory events.
Details >12/20/2022
Give back with a plan this season and avoid charity scam
FTC
For many of us, the holiday season is a time for cheerful giving. But charity scammers ruin the mood by trying to cash in on your good will. If you’re supporting a charitable cause this winter, make a donation plan that includes spotting and avoiding scams.
Details >12/20/2022
FBI issues public safety alert, says 3,000 minors have been ‘sextortion’ victims: ‘Horrific increase’
Fox 22
If you or someone you know is having thoughts of suicide, please contact the National Suicide Prevention Lifeline at 988.
Details >12/19/2022
Hacker Reportedly Breaches US FBI Cybersecurity Forum
Gov Info Security
A hacker reportedly using a fake email address posed as a chief executive of an American financial institution to gain bureau-approved access to FBI public-private cybersecurity forum InfraGard and is now selling details of its more than 80,000 members.
Details >12/19/2022
Brooklyn hospitals dealing with cyberattack that has forced staff to use pen and paper and rely on phones
CBS News
NEW YORK -- A Brooklyn hospital network has been under a cyberattack for nearly a month.
Details >12/19/2022
Denver bank robbery suspect still at large, reward offered
KDVR
DENVER (KDVR) – Police are searching for a suspect they believe robbed a bank in Denver’s Berkeley neighborhood on Monday.
Details >12/19/2022
The Scary Way Small Online Businesses Are Getting Scammed
Tell Me Best
The Scary Way Small Online Businesses Are Getting Scammed.
Details >12/19/2022
Tech Support Scam Targeting Tens of Thousands of U.S. Victims
US Attorney's Office District of New Jersey
NEWARK, N.J. – Five men were charged in an indictment and a New Jersey woman pleaded guilty in connection with a transnational technical support scam that targeted more than 20,000 victims, many of whom were elderly, in the United States and Canada, U.S. Attorney Philip R. Sellinger announced today.
Details >12/19/2022
Survey shows 89 percent of industries became victims of identity-based attacks in 2022
Digital Information World
As per the latest study from One Identity, identity-based attacks in 2022 were observed in almost every company, including top firms.
Details >12/16/2022
Common banking scam and fraud tactics and how to protect your money
Fortune
As the holiday season approaches, you might be feeling more generous than usual.
Details >12/16/2022
Police search for 3 suspects who robbed Northbrook bank at gunpoint
CBS News Chicago
NORTHBROOK, Ill. (CBS) – Police are looking for three men who robbed a bank in Northbrook Thursday morning.
Details >12/16/2022
Expert tips to protect yourself from online shopping fraud
Wyoming News Now
InvestigateTV - A recent online shopping fraud study by the Better Business Bureau(BBB) revealed in 2022 reported losses in the U.S. and Canada are expected to exceed $380 million with the highest risk category of shoppers between the ages of 18 to 24.
Details >12/16/2022
‘Trusted’ Data Sets Take Fraud Out of Online Onboarding Processes
PYMNTS.com
When it comes to a user-friendly experience, online onboarding processes play a key role.
Details >12/15/2022
Microsoft Patch Tuesday, December 2022 Edition
Krebs on Security
Microsoft has released its final monthly batch of security updates for 2022, fixing more than four dozen security holes in its various Windows operating systems and related software.
Details >12/15/2022
Six Charged in Mass Takedown of DDoS-for-Hire Sites
Krebs on Security
The U.S. Department of Justice (DOJ) today seized four-dozen domains that sold “booter” or “stresser” services — businesses that make it easy and cheap for even non-technical users to launch powerful Distributed Denial of Service (DDoS) attacks designed knock targets offline.
Details >12/15/2022
ZELLE SCAMS CONTINUE TO GROW, AND BANKS ARE DOING LITTLE TO COMPENSATE VICTIMS
International Banker
On October 3, the United States Senate published a report revealing that rampant fraud and theft had been occurring on the popular digital payments network Zelle and was continuing to increase.
Details >12/15/2022
U.S. authorities charge 8 social media influencers in securities fraud scheme
Reuters
WASHINGTON, Dec 14 (Reuters) - U.S. prosecutors on Wednesday said they have charged eight individuals in a securities fraud scheme, alleging they reaped about $114 million from by using Twitter and Discord to manipulate stocks.
Details >12/15/2022
FTX Founder Indicted for Fraud, Money Laundering, and Campaign Finance Offenses
U.S. Department of Justice
A federal grand jury in Manhattan returned an indictment today charging Samuel Bankman-Fried, aka SBF, 30, of Stanford, California, with conspiracy to commit wire fraud, wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud, conspiracy to commit money laundering, and conspiracy to defraud the Federal Election Commission and commit campaign finance violations.
Details >12/15/2022
Eight Men Indicted for $114 Million Securities Fraud Scheme Orchestrated Through Social Media
U.S. Department of Justice
A federal grand jury in the Southern District of Texas returned an indictment that was unsealed yesterday charging eight men with conspiracy to commit securities fraud for a long-running, social media-based “pump and dump” scheme.
Details >12/15/2022
FBI, police seek suspects who robbed armored truck outside Oak Park bank
CBS News Chicago
CHICAGO (CBS) -- The FBI and Oak Park police are looking for the people responsible for robbing an armored truck.
Details >12/15/2022
FBI, police seek suspects who robbed armored truck outside Oak Park bank
CBS News Chicago
CHICAGO (CBS) -- The FBI and Oak Park police are looking for the people responsible for robbing an armored truck.
Details >12/14/2022
Michigan Man Charged with Operating Check-Kiting Scheme that Caused Loss of Nearly $150 Million
Justice.gov
CLEVELAND – Najeeb Khan, 69, of Edwardsburg, Michigan, was charged in a Bill of Information today with operating a long-running check-kiting scheme that caused a financial loss of nearly $150 million to businesses around the country and KeyBank in the Northern District of Ohio.
Details >12/14/2022
FBI’s Vetted Info Sharing Network ‘InfraGard’ Hacked
Krebs on Security
InfraGard, a program run by the U.S. Federal Bureau of Investigation (FBI) to build cyber and physical threat information sharing partnerships with the private sector, this week saw its database of contact information on more than 80,000 members go up for sale on an English-language cybercrime forum.
Details >12/14/2022
Information Sharing Helps Banks Fight Consumer Identity Fraud
PYMNTS.com
Increasing online fraud threatens businesses and consumers, and both are aware of the growing problem.
Details >12/14/2022
Former Mobile Phone Store Owner Sentenced to 10 Years in Federal Prison for Multimillion-Dollar Scheme to Illegally Unlock Cellphones
U.S. Attorney's Office Central District of California
LOS ANGELES – A former owner of a T-Mobile retail store in Eagle Rock was sentenced today to 120 months in federal prison for his multimillion-dollar scheme in which he stole T-Mobile employee credentials and illegally accessed the company’s internal computer systems to illicitly “unlock” and “unblock” cellphones.
Details >12/13/2022
Four Defendants Arrested For Multimillion Dollar Fraud And Money Laundering Scheme
U.S. Attorney's Office Southern District of New York
Damian Williams, the United States Attorney for the Southern District of New York, Michael J. Driscoll, the Assistant Director in Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), and Patrick Freaney, Special Agent in Charge of the New York Field Office of the United States Secret Service (“USSS”), announced today that JOEL ZUBAID, DAVID GORAN, JULIAN REBIGA, a/k/a “Iulian Rebiga,” and MARTIN MIZRAHI, a/k/a “Marty Mizrahi” (collectively, the “Defendants”), were arrested for participating in a scheme to defraud businesses, banks, and individuals of more than $9.2 million through business email compromise and credit card fraud schemes.
Details >12/13/2022
How to slow down a cyber attack
itweb.co.za
South African organizations are favorite targets for cyber crime gangs.
Details >12/13/2022
Two arrested for five different bank robberies IMPD says
WRTV
INDIANAPOLIS — IMPD arrested two people in connection with the robbery of five different banks in Indianapolis.
Details >12/13/2022
The Potential and Pitfalls of a Federal Privacy Law
Security Week
Congress is considering a US federal privacy law. It’s been brewing for the last ten years and is getting closer.
Details >12/13/2022
Small Banks Explore P2P Options
PYMNTS.com
America’s smaller banks aren’t happy with a plan to reimburse peer-to-peer payment scam victims.
Details >12/13/2022
The Right to Financial Privacy Act: A Refresher
Fredrikson Law
If you have recently received a subpoena from a government agency investigating a customer’s financial dealings, you are not alone.
Details >12/13/2022
Cybersecurity challenges facing SMBs and steps to protect them
TripWire
Businesses come in many different sizes, yet, they all share one similarity; the growing need for cybersecurity in today’s ever-changing technology landscape.
Details >12/12/2022
IMPD: 2 women arrested for robbing 5 Indianapolis banks
Fox 59
INDIANAPOLIS — The Indianapolis Metropolitan Police Department has announced the arrests of two women who are accused of robbing five different banks across Indianapolis in the last several months.
Details >12/12/2022
Edwardsville woman who robbed bank 12 years ago sentenced to prison after forging check
Belleville News-Democrat
An Edwardsville woman has been sentenced to three years in state prison for violating probation by committing forgery almost immediately after pleading guilty to fraud in Cook County Circuit Court.
Details >12/12/2022
They Say Crime Doesn’t Pay Yet Fraudsters Keep on Trying
PYMNTS.com
Fraudsters defraud. It’s their job, just as it is for the equally committed army of digital warriors who are paid to combat them.
Details >12/12/2022
Cyber’s Most Wanted: FBI Is Hunting 10 Russian Threat Actors
BlackBerry Blogs
Who are some of the most wanted Russian hackers and cyber threat actors? A partial list from the FBI includes six Russian military intelligence (GRU) officers, three members of the Energetic Bear threat actor group, and one computer programmer employed by an affiliate of the Russian Ministry of Defense. They represent 10 of the agency’s Cyber’s Most Wanted list of suspects.
Details >12/12/2022
The biggest data breaches and leaks of 2022
Cyber Security Hub
The data breaches that had the biggest impact in the cyber security world over the past 12 months
Details >12/12/2022
Fraud reports and losses: Not just a grandparent’s story
FTC
You might have heard that scams mostly affect older adults, but reports to the FTC tell a different story.
Details >12/12/2022
What to do if your online order never arrives
FTC
We’ve all been there. During the holidays you order something online and anxiously await its arrival. But then your package doesn’t come when the seller said it would. And worse, you hear nothing. Your happy anticipation is turning to anger and frustration. So now what?
Details >12/12/2022
FBI joins search for suspect in Lake Mills Culver's robbery
Hngnews.com
JANESVILLE—The FBI is now involved in the investigation into what’s believed to be a related string of recent robberies in Lake Mills, Beloit and Janesville.
Details >12/12/2022
Thieves are stealing SNAP funds electronically. In most states, victims never get reimbursed.
NBC News
“They took every penny,” said one SNAP skimming victim, who can no longer afford to buy a Christmas present for his son.
Details >12/12/2022
Federal judge sentences foreign national in $200,000 skimming scheme
KSL TV 5
SALT LAKE CITY — A federal judge sentenced Yofre Napoleon Almonte, 49, to prison after he plead guilty to conspiracy to commit bank fraud and aggravated identity theft.
Details >12/12/2022
Target of loan fraud investigation was building multimillion-dollar residential complex
1011now.com
The target of a state banking investigation into alleged fraudulent loans was in the process of building a multimillion-dollar residential complex on the eastern edge of the Capital City.
Details >12/12/2022
How to protect your money from card skimmers this holiday season
ABC 30
MADERA, Calif. (KFSN) -- As customers swipe away while shopping this holiday season, Madera police are warning about the new strategies that thieves are using to steal bank information.
Details >12/12/2022
LexisNexis Risk Solutions State of Fraud, Identity Report Reveals Surge in Fraudulent Activities
Crowdfund Insider
LexisNexis Risk Solutions released the results of its first Global State of Fraud and Identity Report, exploring research and insights from industry experts “on recent statistics and trends from [their] industry-recognized studies on the Global True Cost of Fraud and transaction data from over 39B transactions from the LexisNexis Digital Identity Network® from January 2022 to June 2022.”
Details >12/12/2022
Scammers banking on you sharing that heartbreaking Facebook post
KIII TV
Facebook scams, where someone asks you to share an often heartbreaking or attention-grabbing post, are on the rise. Here's what to look out for.
Details >12/09/2022
2 suspects in Butte bank robbery appear in court
NBC Montana
BUTTE, Mont. — Suspects in the Sept. 1 robbery of a Butte Wells Fargo branch made their first appearance in court.
Details >12/09/2022
Omaha bank branch robbed; police looking for tips
WOWT
OMAHA, Neb. (WOWT) - Police are looking for information about a bank robbery that occurred Thursday morning in southwest Omaha.
Details >12/08/2022
Police caution of check fraud after mail carrier robbed in Clayton
St. Louis Post Dispatch
CLAYTON — A man got away with a mail carrier’s cellphone Tuesday after trying to rob him of mailbox keys, police said.
Details >12/08/2022
CISA Releases Phishing Infographic
Cybersecurity & Infrastructure Security Agency
Today, CISA published a Phishing Infographic to help protect both organizations and individuals from successful phishing operations.
Details >12/08/2022
New Ransom Payment Schemes Target Executives, Telemedicine
Krebs on Security
Ransomware groups are constantly devising new methods for infecting vi
Details >12/08/2022
Microsoft: (Cyber) winter is coming as DDoS attack disrupts Russian bank
The Register
Microsoft has warned Europe to be on alert for cyber attacks from Russia this winter, just as a series of attacks hit Russian organizations – including the country's second-largest bank.
Details >12/08/2022
Instant Payments Forces Banks to Put Fraud Prevention at the Forefront
PYMNTS.com
The speed that makes instant payment apps such as Zelle and Venmo popular also makes them attractive tools for fraudsters.
Details >12/07/2022
UPDATE: Alleged Wells Fargo Bemidji Bank Robber Captured
KVRR
BEMIDJI, Minn. (KVRR: UPDATE 8:30PM) — Bemidji Police say a bank robbery suspect has been located and arrested.
Details >12/07/2022
Little Rock police investigating Monday bank robbery
KARK
LITTLE ROCK, Ark. – A Little Rock bank was robbed Monday afternoon and police are looking for the suspect.
Details >12/07/2022
2 South Holland brothers accused of stealing more than $1M from armored car, ATM in Lansing robbery
ABC 7 Eyewitness News
CHICAGO (WLS) -- Two brothers face federal charges after prosecutors said they stole more than $1 million from an armored truck and an ATM in Lansing on Halloween.
Details >12/07/2022
Four suspects cuffed, face extradition over tax refund scam plot
The Register
Four men suspected of plotting to commit wire fraud and identity theft have been arrested and now face extradition to America.
Details >12/07/2022
Two Mobile residents plead guilty to stealing more than $95,000 in bank fraud scheme
Fox 10 TV
MOBILE, Ala. (WALA) - Two people pleaded guilty Monday to a scheme to defraud banks and credit unions through a series of stolen and forged checks, driver’s licenses and other phony documents.
Details >12/07/2022
Over $2 Billion in Total Losses, Kansas Sale Barn Owner Convicted of Fraud
Drovers.com
After nearly four years of investigation on a check kiting and fraud scheme costing banks and dozens of cattle ranchers in the area, a former owner of Plainville Livestock Commission (PLC) in Rooks County, Kans., has been convicted by federal jury.
Details >12/07/2022
A congressional report says financial technology companies fueled rampant PPP fraud
NPR
A sprawling congressional report accuses several little-known financial technology companies, or fintechs, of reaping "billions in fees from taxpayers while becoming easy targets for those who sought to defraud the PPP," or Paycheck Protection Program.
Details >12/06/2022
How to Predict New Account Risk
Govinfosecurity.com
Application fraud has spiked - particularly bogus new accounts - and organizations are scrambling to improve fraud detection mechanisms without negatively affecting the legitimate customer's experience. Robin Love of Early Warning shares insights on how to better predict new account risk.
Details >12/06/2022
Account Takeover Attacks Increased by 131% in H1 2022
Digital Information World
Cyber crime comes in a lot of different forms, but perhaps the most cyber attacks of all involve account takeovers.
Details >12/06/2022
‘Tis the Season for Online Shopping and Phishing Scams
Trustwave
The 2022 holiday shopping season is here. Retailers’ discounts are kicking off early, and shoppers are eager to spend, especially with big price markdowns to come as the season progresses.
Details >12/05/2022
Investigators offer reward after thieves rob USPS mail carriers, make off with postal keys
CBS News
NEWARK, N.J. -- Officials are issuing a holiday mail alert.
Details >12/05/2022
Identity Fraud Losses $24 Billion (USD) in the USA With Over 15 Million US Consumers Impacted – the Case for a Better Credit Card Using Biometric Fingerprint Security
Yahoo
NEW YORK, December 05, 2022--(BUSINESS WIRE)--SmartMetric, Inc. (OTCQB: SMME): Fraud and Identity Theft in the USA to use a phrase, is going to the moon with a steep trajectory.
Details >12/05/2022
Judge Orders U.S. Lawyer in Russian Botnet Case to Pay Google
Krebs on Security
In December 2021, Google filed a civil lawsuit against two Russian men thought to be responsible for operating Glupteba, one of the Internet’s largest and oldest botnets.
Details >12/05/2022
’Tis the season to spot and avoid gift card scams
FTC
Looking for a New Year’s resolution? Here’s one for you: Keep your hard-earned money safe from scammers by spotting and avoiding gift card scams.
Details >12/05/2022
DHS Announces Extension of REAL ID Full Enforcement Deadline
DHS
WASHINGTON – Today, Secretary of Homeland Security Alejandro N. Mayorkas announced the Department of Homeland Security (DHS) is extending the REAL ID full enforcement date by 19 months, from October 1, 2021 to May 3, 2023, due to circumstances resulting from the ongoing COVID-19 pandemic.
Details >12/04/2022
First guilty plea in Minneapolis cell phone theft ring conspiracy
Fox9.com
MINNEAPOLIS (FOX 9) - Prosecutors have picked up their first guilty plea in a widespread cell phone theft ring conspiracy targeting victims across Minneapolis.
Details >12/04/2022
Morgan Stanley Ordered to Pay $11.7 Million Over Alleged Unauthorized Trading
Barron's
An arbitration panel ordered Morgan Stanley to pay nearly $12 million to an investor who accused the company of negligence and breach of fiduciary duty over an alleged unauthorized covered call options strategy.
Details >12/04/2022
How to Prevent API Abuse on Mobile Apps
Security Boulevard
API abuse can take many forms and is the mechanism behind many attack vectors, such as account takeover, fake account creation, denial of service, credit fraud, app impersonation, Man-in-the-Middle attacks, data breaches, and data scraping. Any of these threats can pose a serious risk to your app and its users.
Details >12/04/2022
Better Business Bureau warns of scam calls, more ahead of winter season
ABC 7 Eyewitness News
CHICAGO (WLS) -- Ahead of the official start to winter, the Better Business Bureau is warning consumers about fraudsters.
Details >12/04/2022
Straight Talk: Don't be fooled by this package delivery scam
CantonRep.com
Online purchases and package deliveries skyrocket during the holiday season.
Details >12/04/2022
Latest scam: Callers posing as law enforcement want you to pay off fines
Daily Time DELCO
They may spoof phone numbers so they appear to be calling from a government agency or court on caller ID.
Details >12/04/2022
A Straw Leads to the Arrest of a Man Suspected in Bank Robberies, Officials Say
NY Times
DNA found on the straw used for a Red Bull drink at a casino led to the arrest of a man who is being investigated in more than a dozen robberies in four states, prosecutors said.
Details >12/04/2022
Can of Red Bull left in casino leads to suspected serial bank robber's arrest
Fox 9
A man suspected of robbing more than a dozen banks in four states has been arrested thanks to a can of Red Bull he drank at a Massachusetts casino.
Details >12/04/2022
Stolen checks, fraudulent activity: three major trade association PACs fell victim to theft in what's become a political epidemic
Business Insider
The political action committees of three major trade associations each reported falling victim to stolen checks and fraudulent bank activity this election cycle, according to an Insider analysis of Federal Election Commission records.
Details >12/04/2022
Feds charge 21 people in global crypto money laundering bust
CNBC
The U.S. Attorney’s Office for the Eastern District of Texas announced on Wednesday that it has charged 21 people in a transnational crypto money-laundering network that washed millions in funds scammed from thousands of U.S. victims.
Details >12/04/2022
Card skimmer found on ATM in Gridley
KRCR ABC 7
GRIDLEY, Calif. — According to the Gridley Police Department (GPD), on Tuesday morning, a card skimmer was found on a Bank of America ATM at a shopping center in Gridley.
Details >12/04/2022
Mount Pleasant Police search for man who claimed to have bomb during bank robbery
Live 5 News
MOUNT PLEASANT, S.C. (WCSC) - Mount Pleasant Police released a surveillance image of a man they are searching for in connection with a Friday afternoon bank robbery.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >11/23/2022
FIM & SCM: How they work together
Tripwire.com
IT environments in businesses are often volatile.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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?
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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?
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >08/25/2022
Bitcoin Scams: How to Spot Them, Report Them, and Avoid Them
Investopedia
Cryptocurrency scams can take many forms.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >08/15/2022
Neighbors speak after falling victim to check washing
WKRN.com
NASHVILLE, Tenn. (WKRN) – It’s an old scam claiming new victims.
Details >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.
Details >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.
Details >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.
Details >08/15/2022
5 tips for spotting and avoiding Pig butchering scams
TripWire
A new type of scam, called “pig butchering” is gaining momentum
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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?
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >07/27/2022
Twitter investigates apparent data breach. Ransomware C2 staging discovered. Privateers only. Where's the expected GPS jamming?
The Cyber Wire
Twitter investigates apparent data breach.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >07/19/2022
Should Banks Be Liable for Unauthorized Push Payments Fraud?
PYMNTS.com
“Caveat emptor,” goes the old saying — buyer beware.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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."
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.”
Details >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.
Details >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.
Details >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.
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.”
Details >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.
Details >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.
Details >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).
Details >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).
Details >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).
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >05/25/2022
FinTechs Get Zero-Fraud Guarantee for Inbound Digital Transfers
PYMNTS.com
Long live the digital transformation — given that it’s secure.
Details >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.
Details >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.
Details >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.
Details >05/24/2022
FBI Designates 61 Active Shooter Incidents in 2021
FBI
In 2021, the FBI designated 61 shootings as active shooter incidents.
Details >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.
Details >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.
Details >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.
Details >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.
Details >05/23/2022
Visa Using AI to Eliminate Pending Charges
PYMNTS.com
Sometimes, it’s the little things that create the biggest frictions.
Details >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.
Details >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.
Details >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.
Details >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.
Details >05/23/2022
Hang up on imposter scams
FTC
When people encounter scams or bad business practices, they report them to the FTC.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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).
Details >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.
Details >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.
Details >04/24/2022
Organized Crime Gangs Earn Big Bucks in Shift to Fraud
AARP
Gangs around the globe fuel billion-dollar underground economy
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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:
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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
Details >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.
Details >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.
Details >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.)
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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."
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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.
Details >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 >Alerts
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
Your electronic library to help in fighting financial fraud for all of our partners.
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