Latest News

01/13/2021

[Duplicate] VERT Threat Alert: January 2021 Patch Tuesday Analysis

The State of Security

Today’s VERT Alert addresses Microsoft’s January 2021 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-922 on Wednesday, January 13th.

Details >
01/13/2021

[Duplicate] VERT Threat Alert: January 2021 Patch Tuesday Analysis

The State of Security

Today’s VERT Alert addresses Microsoft’s January 2021 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-922 on Wednesday, January 13th.

Details >
01/13/2021

[Duplicate] VERT Threat Alert: January 2021 Patch Tuesday Analysis

The State of Security

Today’s VERT Alert addresses Microsoft’s January 2021 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-922 on Wednesday, January 13th.

Details >
01/13/2021

SSA IG Updates Warning for Social Security Phone Scams

Social Security Administration

Scammers using real officials’ names to threaten arrest, demand money

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01/13/2021

Target for new COVID scam: Small business owners

FTC

There’s a new coronavirus-related scam making the rounds, but this time the crooks are targeting small businesses. It starts with an email that claims to come from the “Small Business Administration Office of Disaster Assistance.”

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01/13/2021

SolarWinds: What Hit Us Could Hit Others

Krebs on Security

New research into the malware that set the stage for the megabreach at IT vendor SolarWinds shows the perpetrators spent months inside the company’s software development labs honing their attack before inserting malicious code into updates that SolarWinds then shipped to thousands of customers.

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01/13/2021

Deterring and detecting fraud at a time of heightened risk

Journal of Accountancy

Fraud experts expect the next few years to be a time of heightened risk as the damaging economic effects of the coronavirus pandemic create pressure and motive that can lead to wrongdoing.

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01/13/2021

Ethical Hackers Breach U.N., Access 100,000 Private Records

Threat Post

Researchers informed organization of a flaw that exposed GitHub credentials through the organization’s vulnerability disclosure program.

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01/13/2021

Microsoft Patch Tuesday, January 2021 Edition

Krebs on Security

Microsoft today released updates to plug more than 80 security holes in its Windows operating systems and other software, including one that is actively being exploited and another which was disclosed prior to today.

Details >
01/13/2021

VERT Threat Alert: January 2021 Patch Tuesday Analysis

The State of Security

Today’s VERT Alert addresses Microsoft’s January 2021 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-922 on Wednesday, January 13th.

Details >
01/11/2021

Sealed U.S. Court Records Exposed in SolarWinds Breach

Krebs on Security

The ongoing breach affecting thousands of organizations that relied on backdoored products by network software firm SolarWinds may have jeopardized the privacy of countless sealed court documents on file with the U.S. federal court system, according to a memo released Wednesday by the Administrative Office (AO) of the U.S. Courts.

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01/11/2021

Verizon’s 2020 Payment Security Report: Focusing on Strategy

The State of Security

Last year, I wrote about the Verizon Payment Security Report saying it was ”Not Just for PCI.” Verizon liked that post enough to include its introduction in this year’s version. This recognition was a wonderful surprise. Like last year’s report, the 2020 publication goes well beyond PCI in its information and recommendations.

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01/11/2021

Ransomware Gangs Scavenge for Sensitive Data by Targeting Top Executives

The State of Security

In their attempt to extort as much money as quickly as possible out of companies, ransomware gangs know some effective techniques to get the full attention of a firm’s management team.

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01/11/2021

Ubiquiti: Change Your Password, Enable 2FA

Krebs on Security

Ubiquiti, a major vendor of cloud-enabled Internet of Things (IoT) devices such as routers, network video recorders, security cameras and access control systems, is urging customers to change their passwords and enable multi-factor authentication.

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01/11/2021

The 3 Most Common Types of BEC Attacks (And What You Can Do About Them)

Dark Reading

On the FBI's website "Scams and Safety" page, business email compromise (BEC) is defined as "one of the most financially damaging online crimes" and it's noted that these attacks cost companies "hundreds of thousands of dollars," on average.

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01/10/2021

How to Identify a New Type of BEC: Vendor Email Compromise

CPA Practice Advisor

The increased pressure on AP, combined with weak network security and unfamiliar remote workflows, left an opening for fraudsters to take advantage of the chaos. In the September 2020 edition of the Fraud in the Wake of COVID-19 Benchmarking Report, ...

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01/10/2021

The I.R.S. is trying to redirect millions of stimulus payments that went to unused accounts.

New York Times

The Internal Revenue Service misdirected stimulus payments for an estimated 13 million accounts, but the agency on Friday said it is trying to redirect to the money to the proper place.

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01/10/2021

5 questions about the synthetic identity fraud threat

jdsupra.com

The fast-growing crime of synthetic identity fraud is has become a crucial issue for fraud investigators, financial institutions, and governments.

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01/10/2021

Relief Comes For Victims of ‘Massive' Fraud, But Some Say It's Overdue

NBC Chicago

The feds join states in the crackdown on unemployment benefits fraud

Details >
01/06/2021

Trump Issues New Ban on Alipay and Other Chinese Apps

The Wall Street Journal

WASHINGTON—President Trump signed an executive order Tuesday banning transactions with eight Chinese-connected apps, including the Alipay payment platform owned by Chinese billionaire Jack Ma’s Ant Group Co. and apps owned by Chinese tech giant Tencent Holdings Ltd.

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01/06/2021

China Hands Rare Death Sentence to Former Asset-Management Head

The Wall Street Journal

TAIPEI—China sentenced the former chairman of one of the country’s biggest state-owned asset-management companies to death on bribery and corruption charges, a striking signal in Beijing’s campaign to rein in financial risk-taking.

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01/05/2021

Hamas May Be Threat to 8chan, QAnon Online

Krebs on Security

In October 2020, KrebsOnSecurity looked at how a web of sites connected to conspiracy theory movements QAnon and 8chan were being kept online by DDoS-Guard, a dodgy Russian firm that also hosts the official site for the terrorist group Hamas.

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01/05/2021

DHS Warns American Businesses about Data Services and Equipment from Firms Linked to Chinese Government

Department of Homeland Security

Today, the Department of Homeland Security issued a business advisory to American businesses warning of risks associated with the use of data services and equipment from firms linked to the People’s Republic of China (PRC).

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01/05/2021

Demonstrators Accuse Aurora Store Of Racial Profiling, Manager Says It Isn't So

CBS Chicago

To buy certain products, the mask has to come down to identify the customer.

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01/05/2021

Cuban credit card skimming crew sentenced to prison

Shore News Network

NORFOLK, VIRGINIA – Six Cuban nationals have been sentenced, including the leader of the crew, for conspiracy to commit bank fraud and aggravated identity theft.

Details >
01/05/2021

Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud

PYMNTS.com

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt.

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01/04/2021

Machine Learning Supercharges Banks’ Efforts To Fight Debit Fraud

PYMNTS.com

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt.

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01/04/2021

Lessons are still to be learned from recent cybersecurity cases

Digital Journal

Cyberattacks were a common, almost daily reported feature during 2020, along with other data breaches and system compromises. Digital Journal takes a look at some of the more significant incidents and impacted sectors.

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01/04/2021

State investigates new unemployment scam

Advantage

The Illinois Department of Employment Security has confirmed fraudsters are using a new scheme to file for unemployment compensation using personally identifying information which was seemingly obtained from a separate source (e.g. a previous cyber-attack or other identity theft) outside of the department's systems.

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01/04/2021

TWITTER: WAS CASH APP HACKED? HERE’S HOW YOU CAN REPORT UNAUTHORIZED PAYMENTS

HITC

Was Cash App hacked? Several users have been taking to Twitter to complain about their money disappearing from their accounts. However, Cash App has stated that the accounts have NOT been hacked.

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12/31/2020

Developing a Top-Notch Cryptocurrency Wallet App

WhaTech

A Cryptocurrency wallet is a safe avenue where users can store their digital assets and funds.

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12/30/2020

Progress Made in Defining Synthetic Identity Fraud

The Federal Reserve

As announced this fall, the Federal Reserve convened a focus group of 12 fraud experts to create an industry-recommended definition of synthetic identity fraud.

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12/30/2020

Data Breach Litigations: 2020 Year in Review

Lexology

2020 has been a year for the record books, and the area of data breach litigation is no exception. Several key developments, when considered individually or in conjunction, will likely make breach litigation a top of mind data privacy issue going into the next year.

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12/30/2020

5 common stimulus check scams experts are warning consumers to watch for

CNBC.com

Americans lost over $211 million to Covid-19 scams and stimulus payment fraud, according to the Federal Trade Commission. Since January, the agency has received over 275,600 complaints.

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12/30/2020

How the Ransomware Attack on TSYS Could Be an Early Indicator of Bad News to Come

Digital Transacations

The recent ranswomware attack on the big payments processor TSYS could portend worse to come for the payments business as cyber criminals seek vulnerabilities in the industry and carry out new tactics to squeeze out ransom payments from their victims.

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12/29/2020

Working together to suppress complex and organized fraud

Help Net Security

As the entire world has learned throughout 2020, effective suppression of the COVID-19 pandemic requires concerted responses and coordinated action

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12/29/2020

'Operation Legend' comes to an end after more than 120 arrests in Cleveland

WKYC Studios

Operation Legend was launched in Cleveland in July 2020.

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12/29/2020

FinCEN Issues Warning About COVID-19 Vaccine Scams, Cyberattacks

PYMNTS.com

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity.

Details >
12/29/2020

Control Vs. Convenience Shapes Debate As FIs Adopt Faster Payments

PYMNTS.com

The benefits of instant payment services are gaining attention from companies that want to be able to transact with better visibility and cash flow information.

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12/28/2020

How cyber criminals clone ATM cards, fleece bank customers of savings

The Nation

The heinous practice by cyber criminals of cloning automated teller machine (ATM) cards and using them to defraud unsuspecting bank customers is on the rise.

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12/24/2020

U.S. LAW ENFORCEMENT JOINS INTERNATIONAL PARTNERS TO DISRUPT A VPN SERVICE USED TO FACILITATE CRIMINAL ACTIVITY

US Attorney's Office of Eastern District of Michigan

DETROIT – United States Attorney Matthew Schneider announced today that law enforcement in the United States has worked jointly in support of an international takedown of a virtual private network (VPN), dubbed “Operation Nova.”

Details >
12/24/2020

Madison man sentenced for two-week bank robbery spree

NBC 15

MADISON, Wis. (WMTV) - A Madison man was sentenced to nearly eight years in federal prison after being convicted of a trio of robberies at area financial institutions over a two-week span.

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12/24/2020

Miami Ringleader of Nationwide Counterfeit Check Cashing and Identity Theft Scheme Sentenced to Over 10 Years in Federal Prison

US Attorney's Office Southern District of Florida

Miami, Fl. – A federal district judge has sentenced a Miami man convicted of running a nationwide counterfeit check cashing and identity theft scheme while illegally possessing a firearm to 129 months in prison.

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12/22/2020

Banking-as-a-Service Moves Past Its Missteps To A Better User Experience

PYMNTS.com

When Stripe announced earlier this month that it was collaborating with the likes of Citigroup, Goldman Sachs and Barclays to embed a range of financial services within its Stripe Treasury offering, it was a big step forward for the Banking-as-a-Service (BaaS) landscape.

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12/21/2020

Fraudsters Find New Opportunities With Vaccine And Stimulus Scams

PYMNTS.com

With every dark cloud comes a silver lining – or at least that’s how the old and oft-repeated expression goes. Said less often though, no less true, is the inverse corollary: For every silver lining, there is a dark cloud somewhere.

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12/21/2020

Colorado Springs police warn of ‘Card Cracking’ scam on Snapchat, more than 17 community members targeted

KTTV 11 News

COLORADO SPRINGS, Colo. (KKTV) - Police are reporting there is a criminal pattern happening in both Colorado Springs and the Falcon targeting more than a dozen people.

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12/21/2020

New tools to fight gift card scams

FTC

This holiday season (and year-round), gift cards are on scammers’ wish lists. Scammers always have a reason for you to pay them immediately with a gift card. And they often tell you which card to buy and which store to visit.

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12/21/2020

VMware Flaw a Vector in SolarWinds Breach?

Krebs on Security

U.S. government cybersecurity agencies warned this week that the attackers behind the widespread hacking spree stemming from the compromise at network software firm SolarWinds used weaknesses in other, non-SolarWinds products to attack high-value targets.

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12/21/2020

Oregonians receive mysterious unemployment checks paid to strangers, deceased family members

KGW8

Oregon Employment Department has seen a surge in identity theft cases, including 2,157 cases opened in November.

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12/21/2020

Corporate Credentials for Sale on the Dark Web: How to Protect Employees and Data

Dark Reading

It's past time to retire passwords in favor of other methods for authenticating users and securing systems.

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12/21/2020

These Three Trends Will Shape Security And IT Challenges In 2021

Forbes

It's tradition at this time of year for security and tech experts alike to predict the trends for the year ahead.

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12/21/2020

BEC Hits Double Digits as COVID-19 Scams Abound

InfoSecurity

Business email compromise (BEC) attacks have surged over the past year-and-a-half, while scams designed to part users with their money remain a persistent phishing threat, according to Barracuda Networks.

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12/21/2020

BBB warns not to fall for COVID-19 vaccine scams

WJAR 10

(WJAR) — As the new coronavirus vaccine makes its way into states across the country, scam artists are looking for new victims to take advantage of.

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12/21/2020

The worst identity theft scam you’ve never heard of

Komandeo.com

The holiday season is one of the busiest times for fraudsters and online scammers.

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12/21/2020

VERT Alert: SolarWinds Supply chair Attack

TripWire

The United States Cybersecurity & Infrastructure Security Agency (CISA) has advised that an advanced persistent threat (APT) actor was able to insert sophisticated malware into officially signed and released updates to the SolarWinds network management software.

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12/17/2020

Don’t be CBDeceived by junk science

FTC

If you’ve explored alternative treatments for medical conditions, you’ve probably noticed that CBD products are pretty popular.

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12/17/2020

The Halo Effect: How Hackers are Targeting Employees This Holiday Season

Retail & Hospitality ISAC

The same way consumers are trying to find the perfect gifts for friends and family this holiday season, hackers are stuffing inboxes with high volumes of spam and phishing, hoping to find vulnerable employees that are susceptible to attacks.

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12/17/2020

Looks like we’re stuck with Zoom: Is it any safer?

Malwarebytes Labs

Earlier this month, Zoom’s stock price took a dive on news of two promising COVID vaccines offering over 90 percent effectiveness against the virus (a third vaccine was just announced).

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12/17/2020

From a Single Pane of Glass, to Functional Dashboards to Manage Cyber Risk

The State of Security

For the longest time, or as far as I can remember, the holy grail of all networking platforms has been the need for a single pane of glass, that single source of all information that you would need to be most effective.

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12/17/2020

Malicious Domain in SolarWinds Hack Turned into ‘Killswitch’

Krebs on Security

A key malicious domain name used to control potentially thousands of computer systems compromised via the months-long breach at network monitoring software vendor SolarWinds was commandeered by security experts and used as a “killswitch” designed to turn the sprawling cybercrime operation against itself, KrebsOnSecurity has learned.

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12/15/2020

IRS Warns of Stimulus Check Scam

nysscpa.org

The IRS is warning the public of a new scam in which people get text messages claiming they can get a $1,200 stimulus check, reported CNBC.

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12/15/2020

SolarWinds Hack Could Affect 18K Customers

Krebs on Security

The still-unfolding breach at network management software firm SolarWinds may have resulted in malicious code being pushed to nearly 18,000 customers, the company said in a legal filing on Monday.

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12/15/2020

New Bedford man, working for T-Mobile, accused of stealing IDs from customer cell phones

SouthCoast Today

DARTMOUTH – A 30-year-old New Bedford man, working for T-Mobile was arrested last week, accused of stealing identities from at least two customers.

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12/15/2020

Grandma got a scam call from a reindeer

FTC

When it comes to unwanted calls, there are a few universal truths. First, you can’t trust caller ID. Second, nobody likes a robocall.

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12/15/2020

Joining forces to stop income scams

FTC

Today, the FTC joined forces with numerous federal, state, and local government partners in Operation Income Illusion, an effort to fight income scams and help people recognize and avoid them.

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12/15/2020

Frosty the Con Man: avoiding family emergency scams

FTC

“Hello? It’s me — Frosty. Look it’s a long story but without my top hat, I’m melting. Please, I need your help — send money now or I’ll be nothing but a puddle!”

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12/15/2020

Three Men Charged With Conspiracy To Commit Arson Of Target Corporation Headquarters

The United States Attorneys Office ~ District of Minnesota

United States Attorney Erica H. MacDonald today announced a federal indictment charging SHADOR TOMMIE CORTEZ JACKSON, 24, VICTOR DEVON EDWARDS, 31, and LEROY LEMONTE PERRY WILLIAMS, 34, each with one count of conspiracy to commit arson of the Target Corporation’s corporate headquarters building located at 1000 Nicollet Mall, Minneapolis, Minnesota.

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12/14/2020

Who’s affected by income scams?

FTC

The FTC and its law enforcement partners announced actions against several income scams that conned people out of hundreds of millions of dollars by falsely telling them they could make a lot of money.

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12/14/2020

U.S. Treasury, Commerce Depts. Hacked Through SolarWinds Compromise

Krebs on Security

Communications at the U.S. Treasury and Commerce Departments were reportedly compromised by a supply chain attack on SolarWinds, a security vendor that helps the federal government and a range of Fortune 500 companies monitor the health of their IT networks.

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12/14/2020

CISA Warns of Hackers Exploiting Zerologon Vulnerability

Security Week

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has issued an alert to warn of attackers actively targeting a recently addressed vulnerability in the Microsoft Windows Netlogon Remote Protocol (MS-NRPC).

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12/14/2020

CISA Warns of Increased Use of LokiBot Malware

Security Week

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) is warning of a significant increase in the use of LokiBot malware over the past couple of months.

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12/14/2020

CISA, FBI Warn of Attacks Targeting U.S. Think Tanks

Security Week

Threat actors are continuously targeting United States think tanks, the Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) warn.

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12/14/2020

Former Bank President Sentenced For Embezzlement

FDIC

LEXINGTON, Ky. – A former bank president, Thomas Hinkebein, 59, was sentenced to 12 months in federal prison, by Chief United States District Judge Danny C. Reeves, after previously pleading guilty to one count of embezzlement by a bank officer.

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12/14/2020

Gift Cards Poised For Big Role In Post-Pandemic Purchasing

PYMNTS.com

While the COVID-19 pandemic will eventually come to an end, many of the changes it has brought will likely persist into the future.

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12/14/2020

Pet Scams Rise As Holiday Buyers, At-Home Workers Seek New Pets

PYMNTS.com

It’s one of the most timeless holiday moments and unforgettable gifts; unwrapping a giant box to reveal the adoring eyes of a new puppy or kitten.

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12/14/2020

Gift Cards Poised For Big Role In Post-Pandemic Purchasing

PYMNTS.com

While the COVID-19 pandemic will eventually come to an end, many of the changes it has brought will likely persist into the future.

Details >
12/14/2020

Starbucks Mobile Platform Vulnerability Could Lead To Remote Code Execution

The Latest Hacking News

Starbucks has recently addressed a critical vulnerability affecting its mobile platform. The bug, upon exploitation, could severely threaten the platform security as it allowed code execution attacks.

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12/14/2020

Starbucks Mobile Platform Vulnerability Could Lead To Remote Code Execution

The Latest Hacking News

Starbucks has recently addressed a critical vulnerability affecting its mobile platform. The bug, upon exploitation, could severely threaten the platform security as it allowed code execution attacks.

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12/14/2020

The Anatomy of a Look-alike Domain Attack

Security Boulevard

Cybercriminals register hundreds of thousands of look-alike domains every year to impersonate reputable organizations and make a profit. These domains are used for a variety of attacks including phishing emails, fraudulent websites, web traffic diversion, and malware delivery.

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12/14/2020

Adopting Integrated Payables Can Bolster Fraud Prevention & Operational Efficiency

Payments Journal

COVID-19 has made it clearer than ever that the manual account payables  processes so many companies rely on are inefficient and prone to security threats.

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12/11/2020

Middleton resident receives fake check scam in the mail

WMTX NBC15

MIDDLETON, Wis. (WMTV) - The Middleton Police Department are warning residents Thursday of a scam after a woman received a fake check and directions in the mail with what to do with it.

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12/10/2020

How to protect yourself from gift card scams

TechRepublic

With the holiday season in bloom, watch out for scams that promise free gift cards or offer to check your gift card balance, says Bolster.

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12/10/2020

Payment Processing Giant TSYS: Ransomware Incident “Immaterial” to Company

Krebs on Security

Payment card processing giant TSYS suffered a ransomware attack earlier this month. Since then reams of data stolen from the company have been posted online, with the attackers promising to publish more in the coming days.

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12/10/2020

Serial Bank Robbery Suspects Accused Of Pistol-Whipping Thornton Teller

4CBS Denver

THORNTON, Colo. (CBS4) – Three men suspected of a violent bank robbery in Thornton are also wanted for two bank robberies in Englewood. Investigators said the suspects walked into the Bank of the West near 120th Avenue and Colorado Boulevard on Tuesday with black ski masks on and handguns drawn.

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12/10/2020

Double check that Zoom link: BBB warns of new phishing scams

WSPA.com

HONOLULU (KHON2) – The video chatting service Zoom has become extremely popular due to the coronavirus pandemic. But it’s also getting popular with would-be scammers.

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12/08/2020

Double check that Zoom link: BBB warns of new phishing scams

WSPA.com

HONOLULU (KHON2) – The video chatting service Zoom has become extremely popular due to the coronavirus pandemic. But it’s also getting popular with would-be scammers.

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12/08/2020

Patch Tuesday, Good Riddance 2020 Edition

Krebs on Security

Microsoft today issued its final batch of security updates for Windows PCs in 2020, ending the year with a relatively light patch load.

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12/08/2020

MAN ROBS BANK BY THREATENING TO INFECT STAFF WITH COVID

Futurism.com

51-year-old Georgia resident Victor Hardley Crawley attempted to rob a bank by telling the bank tellers that he would infect them with COVID-19.

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12/08/2020

Spearphishing Attack Spoofs Microsoft.com to Target 200M Office 365 Users

Threat Post

It remains unknown as to why Microsoft is allowing a spoof of their very own domain against their own email infrastructure.

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12/08/2020

COVID-19 vaccines are in the pipeline. Scammers won’t be far behind.

FTC

Reports about the release of COVID-19 vaccines by the end of the year are promising, but plans for distribution are still being worked out.

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12/07/2020

Fighting Fraud with Unhackable Certainty

Payments Journal

Identity theft and online fraud have grown as an increasing number of firms find themselves conducting business virtually.

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12/07/2020

Why Refunds Are The New Chargeback

PYMNTS.com

It used to be an uncommon occurrence with a funny name, a misdemeanor of the digital-first era — but porch pirates aren’t so funny anymore.

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12/07/2020

BECs and EACs: What's the Difference?

Dark Reading

Email accounts are common targets for attack. Understanding how attack types differ is critical for successful defense.

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12/07/2020

As COVID spreads, so are virus-related scams: experts

Radio.com

NEW YORK (WCBS 880) -- As the distribution of a coronavirus vaccine approaches, experts are warning that it could be the next opportunity for scammers to capitalize on.

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12/07/2020

Fake check scam targeting college students

9 News

College students, beware! A scammer could be posing as a professor and asking you to deposit a fake check.

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12/04/2020

IRS to Make ID Protection PIN Open to All

Krebs on Security

The U.S. Internal Revenue Service (IRS) said this week that beginning in 2021 it will allow all taxpayers to apply for an identity protection personal identification number (IP PIN), a single-use code designed to block identity thieves from falsely claiming a tax refund in your name.

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12/04/2020

On the first day of consumer protection…

FTC

Welcome to the FTC’s 12 Days of Consumer Protection, a holiday series to help you save money and avoid scams.

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12/03/2020

Find COVID-19 scam resources (and more) in multiple languages at ftc.gov/languages

FTC

Searching for in-language information on how to avoid COVID-19 scams and other types of fraud?

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12/03/2020

Fake calls from Apple and Amazon support: What you need to know

FTC

Scammers are calling people and using the names of two companies everyone knows, Apple and Amazon, to rip people off. Here’s what you need to know about these calls.

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12/03/2020

How Criminals Are Leveraging Covid to Get Personal Data From Consumers

Digital Transactions

With consumers shifting more of their transactions online due to the Covid-19 pandemic, criminals continue to target card-not-present transactions and step up their efforts to deceive consumers into giving up their account information, says Feedzai Inc.’s latest quarterly Financial Crime Report.

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12/03/2020

U.S. Law Enforcement Takes Action Against Approximately 2,300 Money Mules In Global Crackdown On Money Laundering

The United States Department of Justice

The U.S. Department of Justice, the FBI, the U.S. Postal Inspection Service, and six other federal law enforcement agencies announced the completion of the third annual Money Mule Initiative, a coordinated operation to disrupt the networks through which transnational fraudsters move the proceeds of their crimes.

Details >
12/03/2020

Lockdowns, PPP, Citi's historic move: The year in banking (Part 1)

American Banker

Under normal circumstances, this would be the time of year when we would be showcasing our selections for Banker of the Year, Community Bankers of the Year and Lifetime Achievement.

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12/02/2020

Hey college students: have you seen this scam?

FTC

Scammers are targeting college students. In the last year, we told you about a car wrap scam and a COVID-19 scam hitting college students. Today, we want to tell you about a fake check scam.

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12/02/2020

Account Hijacking Site OGUsers Hacked, Again

Krebs on Security

For at least the third time in its existence, OGUsers — a forum overrun with people looking to buy, sell and trade access to compromised social media accounts — has been hacked.

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12/02/2020

Bomb Threat, DDoS Purveyor Gets Eight Years

Krebs on Security

A 22-year-old North Carolina man has been sentenced to nearly eight years in prison for conducting bomb threats against thousands of schools in the U.S. and United Kingdom, running a service that launched distributed denial-of-service (DDoS) attacks, and for possessing sexually explicit images of minors.

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12/02/2020

Insider Threats: Risk Assessment Considerations for Remote Work

The State of Security

The outbreak of COVID-19 has led many businesses to transition a large number of employees to remote work.

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12/02/2020

Seasonal Shopping is in Full Swing, But Criminals Are Also Gearing Up for a Busy Season, Especially Given the Challenges Around COVID-19

Minneapolis FBI

MINNEAPOLIS, MI—Citizens in Minnesota and the Dakotas are joining the rest of the nation in shopping online this holiday season in big numbers. Scammers are trying to steal a deal, too. With more people shopping online this year, shoppers may encounter more online shopping scams.

Details >
12/02/2020

Email Attackers Using Auto-Forwarding Rules to Perpetrate BEC Scams

The State of Security

U.S. law enforcement learned that email attackers are using auto-forwarding rules to help them to perpetrate Business Email Compromise (BEC) scams.

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12/02/2020

US Secret Service warns stolen identities being used for emergency SBA loans

clickorlando.com

ORLANDO, Fla. – Gena Bukur was stunned when she received notices from the U.S. Small Business Association in October, and again in November, reminding her about payments for a $48,000 emergency loan due in August 2021.

Details >
11/30/2020

SIM swap scam: What it is and how to protect yourself

We Live Security

SIM swap scams have been a growing problem, with fraudsters targeting people from various walks of life, including tech leaders, and causing untold damage to many victims. Here’s why you should be on the lookout for attacks where someone can upend your life by first hijacking your mobile phone number.

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11/30/2020

More than 700 Members Of Transnational Organized Crime Groups Arrested in Central America in U.S. Assisted Operation

The United States Department of Justice

Today, senior law enforcement officials from the United States, El Salvador, Guatemala and Honduras announced criminal charges in Central America against more than 700 members of transnational criminal organizations, primarily MS-13 and 18th Street gangs, which resulted from a one-week coordinated law enforcement action under Operation Regional Shield (ORS).

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11/30/2020

Hacking Christmas Gifts: Putting IoT Under the Microscope

The State of Security

If high-tech gadgets are on your holiday shopping list, it is worth taking a moment to think about the particular risks they may bring.

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11/30/2020

Back-to-Work Phishing Campaign Targeting Corporate Email Accounts

The State of Security

A phishing campaign used what appeared to be back-to-work notifications in order to compromise recipients’ corporate email accounts.

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11/25/2020

By 2030, Cards May Linger, But Digital And Contactless Payments Will Dominate: Report

Digital Transactions

The future of digital payments is being created now with the adoption of contactless payments, new digital transactions such as buy online, pick up in store, and reduced friction within the payments ecosystem.

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11/25/2020

How Retailers Can Fight Fraud and Abuse This Holiday Season

Dark Reading

Online shopping will be more popular than ever with consumers... and with malicious actors too.

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11/25/2020

Dirty Little Secret – Business Payments Fraud Is Real and It’s Coming For You: Actionable Ways to Mitigate Risk Today

PaymentsJournal

Each day, financial institutions see hundreds of thousands of payments come in and hundreds of thousands of payments go out.

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11/25/2020

NEW HACK STEALS A TESLA IN MINUTES VIA BLUETOOTH

Forbes

Security researchers from Belgium have figured out a way to hack into a Tesla Model X by overwriting the firmware of the car’s key fob via a Bluetooth connection, Wired reports.

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11/24/2020

Western Union’s Real-Time Payments Service Reaches a100-Country Milestone

Digital Transactions

The Western Union Co.’s real-time digital payout service for sending money real-time to bank accounts, digital wallets, and cards, is now available in 100 countries.

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11/24/2020

10 Ways to Protect Yourself Against Scams During Black Friday and Cyber Monday

Boston 10

Only about 16% of shoppers are planning to visit stores in-person this Black Friday. Instead, most shoppers are planning to go online to score deals on their holiday gifts.

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11/23/2020

Convicted SIM Swapper Gets 3 Years in Jail

Krebs on Security

A 21-year-old Irishman who pleaded guilty to charges of helping to steal millions of dollars in cryptocurrencies from victims has been sentenced to just under three years in prison.

Details >
11/23/2020

GoDaddy Employees Used in Attacks on Multiple Cryptocurrency Services

Krebs on Security

Fraudsters redirected email and web traffic destined for several cryptocurrency trading platforms over the past week.

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11/23/2020

Veterans and imposter scams

FTC

During the past four years, the FTC logged more than 378,000 reports from veterans — and nearly 161,000 were fraud-related. More than 24,000 of those reported a loss (with total losses of $205 million).

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11/23/2020

FBI On Alert After ‘Takeover-Style’ Robbery Of Englewood Bank

Denver Co CBS

ENGLEWOOD, Colo. (CBS4) – Four bank robbers charged into BBVA Compass Bank on South Broadway with weapons drawn Thursday afternoon and threatened employees. A $2,000 reward is being offered to community members who provide information about the suspects.

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11/18/2020

Former CEO Of Crown Bank Sentenced To Prison For Fraud And Tax Offenses

US Department of Justice

United States Attorney Erica H. MacDonald today announced the sentencing of PETER EARL DAHL, 54, to a year and a day in prison for wire fraud and filing a false income tax return.

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11/18/2020

Magecart Hits Macy's: Retailer Discloses Data Breach

Dark Reading

Macy's has confirmed a data breach following the discovery of Magecart malware on its checkout page and wallet page, which is accessed through My Account, the retailer reports.

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11/18/2020

Customers wondering: high-interest banking app or highway robbery?

FTC

“It’s been almost a month and we still don’t have our money. We’re broke and putting groceries on credit cards . . . .” That’s just one of many customer reviews posted about the mobile banking app offered by Beam Financial Inc. and founder Yinan Du – the defendants in a lawsuit filed today by the Federal Trade Commission.

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11/18/2020

Sun City senior falls victim to $98K fraud loss

AZ Family.com

SUN CITY, AZ (3TV/CBS5) -- Ronald Van Horne is a Navy Vet who likes to take a trip down memory lane every once in a while, by looking at old pictures. He and his wife Patricia were married for 68 years, until she passed away last year.

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11/17/2020

Fraud Attacks Increase Amid Rising Digital Banking Adoption

Fintech News

The COVID-19 pandemic and the measures put in place to limit the spread of the virus have drastically accelerated adoption of digital banking and contactless payments. Across Southeast Asia, banks have ramped up their digital efforts to respond to the rapidly changing financial landscape.

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11/16/2020

FTC warns companies to stop peddling fake COVID treatments and cures

FTC

Here at the FTC, we’ve seen people pitching COVID treatments like gemstone bead bracelets, water filtration systems, indoor tanning with red light UV therapy, copper water bottles, high dose vitamin C IV drips, juices and supplements, stem cell treatments, ozone therapy, laser light treatments, and more. All of these products and treatments have one thing in common: there is no evidence — as required by law — that they work against the Coronavirus.

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11/16/2020

How to Protect Your Smarthome from Attack

How to Geek

Every new device you introduce into your smarthome is another device that can be attacked. You can secure your smarthome with simple steps like locking down your router and taking proper care of the gadgets in your smarthome.

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11/16/2020

13 Ways to Protect Yourself From Scams and Identity Theft This Holiday Season

The Street

The holiday season is also scamming season. Learn how to protect your mobile devices, recognize and avoid risks, and guard against identity theft.

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11/16/2020

US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

PYMNTS.com

Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords.

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11/16/2020

KeyBank Battles Push-Payment Fraud With Machine Learning, Other Tactics

PYMNTS.com

Digital fraud is a widespread problem, with fraud losses totaling more than $1.45 trillion annually around the globe

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11/16/2020

Large fraud ring bilked local restaurant out of thousands, prosecutor says

Fox 19 Cincinnati

CINCINNATI (FOX19) - The Hamilton County Prosecutor’s Office is revealing new information about a fraud scheme for which 20 people were indicted in late September.

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11/16/2020

Seniors vs. Crime: Where do all those fake checks come from?

Clinton Herald

Many of you reading this probably received a fake check delivered to you.

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11/12/2020

Patch Tuesday, November 2020 Edition

Krebs on Security

Adobe and Microsoft each issued a bevy of updates today to plug critical security holes in their software.

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11/10/2020

Ransomware Group Turns to Facebook Ads

Krebs on Security

It’s bad enough that many ransomware gangs now have blogs where they publish data stolen from companies that refuse to make an extortion payment.

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11/10/2020

Identity Verification: Is Your Potential Employee Who They Say They Are?

Security Boulevard

Identity verification has taken on a new urgency for cybersecurity and IT teams in the new era of remote work.

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11/10/2020

Cyber Attacks Are Growing More Sophisticated During the COVID-19 Pandemic; Here’s How to Defend Against Them

CPO Magazine

Cybercriminals typically scramble to take advantage of any newsworthy event, and the COVID-19 pandemic is no exception. By late March, the number of domain names registered with keywords like “COVID” and “corona” spiked from 190 to over 70,000.

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11/10/2020

Will the 2020 holiday season have a surge in e-gift card account takeover attacks?

Digital Commerce 360

Cyber attacks like the one J. Crew suffered in May likely foreshadow the coming season when criminals step up their campaigns during the height of holiday shopping.

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11/09/2020

Body Found in Canada Identified as Neo-Nazi Spam King

Krebs on Security

The body of a man found shot inside a burned out vehicle in Canada three years ago has been identified as that of Davis Wolfgang Hawke, a prolific spammer and neo-Nazi who led a failed anti-government march on Washington, D.C. in 1999, according to news reports.

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11/09/2020

Hundreds Of Probes Into PPP Loan Fraud Have Been Opened

PYMNTS.com

The federal Paycheck Protection Program (PPP) designed to blunt the economic impact of the pandemic is beset by extensive instances of fraud, The Wall Street Journal (WSJ) reported, attributing the conclusion to public records and interviews with government officials.

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11/09/2020

Settlement requires Zoom to better secure your personal information

FTC

Daily life has changed a lot since the pandemic started. Because face-to-face interactions aren’t possible for so many of us, we’ve turned to videoconferencing for work meetings, school, catching up with our friends, even seeing the doctor.

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11/08/2020

IRS Warns On New Scam Related To Stimulus Checks

Forbes

The Internal Revenue Service (IRS), state tax agencies and the tax industry are warning taxpayers about a new scam - by text - to trick people into disclosing bank account information in order to receive an Economic Impact Payment, or stimulus check.

Details >
11/08/2020

Hackers are exploiting unpatched VoIP flaws to compromise business accounts

ZD Net

Over 1,200 organizations have fallen victim to a campaign that uses known exploits to remotely gain access to VoIP accounts - and the attackers are selling access to the highest bidder.

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11/04/2020

Why Paying to Delete Stolen Data is Bonkers

Krebs on Security

Companies hit by ransomware often face a dual threat: Even if they avoid paying the ransom and can restore things from scratch, about half the time the attackers also threaten to release sensitive stolen data unless the victim pays for a promise to have the data deleted.

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11/03/2020

Two Charged in SIM Swapping, Vishing Scams

Krebs on Security

Two young men from the eastern United States have been hit with identity theft and conspiracy charges for allegedly stealing bitcoin and social media accounts by tricking employees at wireless phone companies into giving away credentials needed to remotely access and modify customer account information.

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11/02/2020

FTC: Social Media Fraud Scams On The Rise

PYMNTS.com

The scams are creeping into your newsfeed, your ads, your offers … and so, think twice before the retweet, perhaps.

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11/02/2020

Tokenization Helps Consumers Credit Union Guard Debit Payments From eSkimming

PYMNTS.com

Consumers have received warnings for years about the threat of card skimmers that can steal their debit and credit card data, and many have learned to check for the devices before inserting their cards into ATMs or swiping at self-serve gas station pumps.

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11/02/2020

We Checked It, We Swear

Forbes

Yesterday, someone insisted that because they use an identity graph that matches users with offline credit card purchases, all their users are guaranteed to be humans. Yes, but.

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11/02/2020

Beware of “cyber-squatting”- a form of corporate identity theft

WIVB 4

(WIVB) – Cybercriminals have come up with yet another way to rip consumers off. It’s a form of corporate identity theft called cyber-squatting.

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11/02/2020

What to do if someone steals your identity

FTC

You know that protecting your identity and personal information is important.

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11/02/2020

Non-filers: Expect a letter about your stimulus check

FTC

If you don’t usually file a tax return, or didn’t file a return for 2018 or 2019, you might not know you could qualify for an economic impact payment.

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11/02/2020

ICE probe results in indictment of trio alleging international conspiracy to defraud elderly by posing as federal agents threatening arrest

U.S. Immigration and Customs Enforcement

RIVERSIDE, Calif. – Special agents with U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HSI) arrested two Riverside County men today on an indictment alleging they participated in an international conspiracy that deceived elderly victims into sending more than $500,000 in cash by pretending to be federal agents threatening them with arrest on bogus warrants.

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10/29/2020

60 charged in massive elder magazine fraud scam

KARE11

The charges filed against the defendants include conspiracy, mail fraud, wire fraud and violating the Senior Citizens Against Marketing Scams Act of 1994.

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10/29/2020

SBA Fraud and Identity Theft

SBA

SBA is aware of fraud happening in regards to the EIDL program. Here are some steps you can take to report fraud and protect your credit score.

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10/29/2020

MPD warns of spike thefts at gas stations, grocery store parking lots

WMTX NBC15

MADISON, Wis. (WMTV) - The Madison Police Department is recommending drivers lock their vehicles while pumping gas after seeing a spike in theft cases at gas stations and grocery story parking lots.

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10/28/2020

Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware.

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10/28/2020

How to Fight Against 'Authorized Payment Fraud'

Bank Info Security

Implementation of 3D Secure 2.0, a protocol designed to be an additional security layer for online credit and debit card transactions, by banks and merchants alike can play a critical role in reducing "authorized payment fraud," two security experts say (see: Using Artificial Intelligence to Fight Money Laundering).

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10/28/2020

FBI, DHS, HHS Warn of Imminent, Credible Ransomware Threat Against U.S. Hospitals

Krebs on Security

On Monday, Oct. 27, KrebsOnSecurity began following up on a tip from a reliable source that an aggressive Russian cybercriminal gang known for deploying ransomware was preparing to disrupt information technology systems at hundreds of hospitals, clinics and medical care facilities across the United States.

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10/28/2020

Botnets Are a Growing Threat to Your Organization: Here's Why

Learning Hub

Cybercriminals have a wide variety of tools available to them today. One of the most fundamental and most dangerous tools is the botnet.

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10/28/2020

From account takeover to identity theft - what can be done?

Tech Radar

Account takeover is a serious threat to us all. Cyber security experts have been raising the issue for years, warning us of the risk of our credentials being leaked, which could result in identity theft.

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10/28/2020

New scam uses fake US Postal Service money orders, gets victims to buy gift cards as ‘mystery shopper’

CBS 17

RALEIGH, N.C. (WNCN) — The U.S. Postal Service is warning about a scam that’s making its way around the area by criminals who hoping victims will fall for it because they might get caught up in financial distress caused by the COVID-19 pandemic.

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10/26/2020

Bexar County Clerk temporarily shut down system after social security numbers found online

News 4 San Antonio

SAN ANTONIO - The Bexar County clerk is making big changes after the Trouble Shooters questioned her about posting the private information of thousands of married couples online.

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10/26/2020

Google Mending Another Crack in Widevine

Krebs on Security

For the second time in as many years, Google is working to fix a weakness in its Widevine digital rights management (DRM) technology used by online streaming sites like Disney, Hulu and Netflix to prevent their content from being pirated.

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10/26/2020

Online Trading Academy debt forgiveness notices are real

FTC

As we told you about in this recent post, Online Trading Academy (OTA) is sending letters and email notices to people who are eligible for debt forgiveness.

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10/26/2020

The Rise of the Deepfake: Is Synthetic ID Fraud Unstoppable?

Imperium

While exponential developments in Artificial Intelligence (AI) and Machine learning (ML) technology are creating fresh opportunities for advancement in almost every field of human endeavor, there are also dark forces at play.

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10/25/2020

COVID-19 clinical trial: real or fake? Learn how to tell the difference.

FTC

There are thousands of trials underway as companies race to find effective vaccines and treatments for COVID-19. Many of these research studies are legitimate, but some are not.

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10/25/2020

Hawaii Restaurant Card cooking up big business for local restaurants

KITV

The $500 food cards the state gifted unemployment beneficiaries are cooking up big business for local restaurants. The General Manager of Side Street Inn says since the cards were distributed last week, they've experienced a huge increase in sales.

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10/25/2020

The ACH Recorded 9% Growth in the September Quarter Even Though Covid Aid Trailed off

Digital Transactions

The nation’s automated clearing house network surged again in the September quarter, even with a waning of federal-assistance payments.

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10/25/2020

Covid-19 Prompts the PCI Council to Take a Flexible Approach to Its Security Standard

Digital Transactions

Because of Covid-19, many employees who have access to payments data are working from home, making it awkward if not impossible for data-security assessors to conduct onsite inspections.

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10/23/2020

Overpaid your utility bill? That’s probably a scam

FTC

You get a robocall saying you paid too much on a utility bill. To make up for this mistake, they say, you’ll get a cash refund and a discount on your future bills.

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10/23/2020

The Now-Defunct Firms Behind 8chan, QAnon

Krebs on Security

Some of the world’s largest Internet firms have taken steps to crack down on disinformation spread by QAnon conspiracy theorists and the hate-filled anonymous message board 8chan.

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10/22/2020

Hilo suspect charged with multiple crimes including theft from veteran, crashing stolen vehicle into police car

Star Advertiser

Hawaii island police have charged a 29-year old man with several property and financial crime offenses, including forgery, stealing financial documents from a veteran, and reversing a stolen vehicle into a police car.

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10/22/2020

Scams that start on social media

FTC

Scammers are hiding out on social media, using ads and offers to market their scams, according to people’s reports to the FTC and a new Data Spotlight.

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10/22/2020

How to spot, avoid, and report imposter scams

FTC

Imposter scams often begin with a call, text message, or email. The scams may vary, but work the same way – a scammer pretends to be someone you trust to convince you to send them money or share personal information.

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10/22/2020

Reporting fraud helps everyone – and now it’s easier to do

FTC

You can help the FTC and its partners fight fraud in your community — and you don’t even need to wear a superhero cape (unless you want to).

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10/22/2020

Account Fraud is Killing Streaming Services: What Providers Can Do

Security Intelligence

The use of online streaming services was already burgeoning well before most of the world started spending so much time at home.

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10/20/2020

Covid-19 Scammers Driving Unemployment Fraud Across Nation

Bloomberg Law

Unemployed Americans aren’t the only ones waiting for the next pandemic relief check. A slew of fraudsters, including an organized Nigerian cybercrime ring, are also looking to get paid.

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10/20/2020

Goodbye passwords, passwordless authentication is here to stay

The Paypers

By 2022, Gartner predicts that 60% of large and global enterprises, along with 90% of mid-size enterprises, will implement passwordless authentication methods in over 50% of use cases, up from 5% in 2018, Srividya Sunderamurthy from Vesta debates.

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10/20/2020

A Closer Look at the Attempted Ransomware Attack on Tesla

The State of Security

Cybersecurity is in the news again with the disclosure that Tesla, working in conjunction with the FBI, prevented a ransomware attack from being launched at its Gigafactory in Nevada.

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10/20/2020

6 Common Phishing Attacks and How to Protect Against Them

The State of Security

Phishing attacks continue to play a dominant role in the digital threat landscape. In its 2020 Data Breach Investigations Report (DBIR), for instance, Verizon Enterprise found that phishing was the second topmost threat action variety in security incidents and the topmost threat action variety in data breaches

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10/19/2020

Threatening phone scams are targeting parents and immigrants

FTC

Two disturbing phone scams have popped up on the FTC’s radar.

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10/19/2020

Fraud alarm incites bank firings

Northwest Arkansas Democrat Gazette

Wells Fargo says 100-plus workers filed false claims for aid

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10/19/2020

5 Steps to a Stronger Fraud Detection Program in 2020 and Beyond

Association of Certified Financial Crime Specialists

As 2020 comes to an end, the effects of the COVID-19 pandemic cannot be denied by businesses or communities around the globe.

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10/19/2020

Sioux Falls Man Charged with 16 Counts of Wire Fraud

US Attorney's Office District of SD

United States Attorney Ron Parsons announced that a Sioux Falls, South Dakota, man has been indicted by a federal grand jury for Wire Fraud.

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10/19/2020

QAnon/8Chan Sites Briefly Knocked Offline

Krebs on Security

A phone call to an Internet provider in Oregon on Sunday evening was all it took to briefly sideline multiple websites related to 8chan/8kun — a controversial online image board linked to several mass shootings — and QAnon, the far-right conspiracy theory which holds that a cabal of Satanic pedophiles is running a global child sex-trafficking ring and plotting against President Donald Trump.

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10/19/2020

Zelle: The Role Of AI In Stopping COVID-Related P2P Payment Scams

PYMNTS.com

COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps.

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10/16/2020

Breach at Dickey's BBQ Smokes 3M Cards

Krebs on Security

One of the digital underground’s most popular stores for peddling stolen credit card information began selling a batch of more than three million new card records this week.

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10/16/2020

Microsoft Office 365 Accounts a Big Target for Attackers

Dark Reading

Just as they did with PowerShell for Windows, threat actors are abusing native O365 capabilities for lateral movement, command-and-control communication, and other malicious activity.

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10/16/2020

Mastercard: New Stride Partnership Is Just ‘First Step’ In Helping Gig Workers

PYMNTS.com

Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits.

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10/16/2020

Covid-19 Prompts the PCI Council to Take a Flexible Approach to Its Security Standard

Digital Transactions

Because of Covid-19, many employees who have access to payments data are working from home, making it awkward if not impossible for data-security assessors to conduct onsite inspections.

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10/16/2020

What is a DDoS attack? Everything you need to know about Distributed Denial-of-Service attacks and how to protect against them

Best Gaming Pro

A distributed denial-of-service assault (DDoS assault) sees an attacker flooding the community or servers of the sufferer with a wave of web site visitors so large that their infrastructure is overwhelmed by the variety of requests for entry, slowing down companies or taking them totally offline and stopping professional customers from accessing the service in any respect.

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10/16/2020

401(k) plan hacked? Plan sponsors can't always blame the recordkeeper

Benefits Pro

Employers do have some level of responsibility for cybersecurity, despite a recent court ruling to the contrary. But there are steps they can take to avoid such risk in the first place.

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10/15/2020

FBI Warns of Potential Charity Fraud Associated with the COVID-19 Pandemic

FBI News

Many Americans want to help during the COVID-19 pandemic by contributing to charities, but the FBI is warning that scammers also want to help—they want to help themselves to your money.

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10/15/2020

'So Hard To Prove You Exist': Flawed Fraud Protections Deny Unemployment To Millions

NPR News

Fraudulent claims for unemployment benefits have been a problem for a long time, and states have set up systems to try to prevent such fraud.

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10/13/2020

Arizona freezes 43,000 unemployment accounts suspected of fraud, affecting some legitimate claims

AZ Central

Some Arizonans receiving unemployment benefits have had their unemployment bank accounts frozen because the state's efforts to combat fraud have flagged 43,000 accounts as potentially fraudulent, according to the Department of Economic Security.

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10/13/2020

With Open Enrollment Almost Here, Don’t Fall Victim To Phishing Scams

WEIS Radio

Open enrollment is about to get underway. Still getting calls from people claiming to be from Medicare, asking for money or personal information?

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10/13/2020

Preventing Hackers From Transforming Apps Into Trojans

CPO Magazine

Reverse engineering is a huge problem for mobile apps.

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10/12/2020

Department of State offers $5M reward for information leading to arrest, conviction of former Venezuelan government official on ICE Most Wanted List

U.S. Immigration and Customs Enforcement

NEW YORK – U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) New York announced Friday that a former Venezuelan official and member the agency’s Most Wanted List has been designated as a target of the U.S. Department of State’s (DOS) Transnational Organized Crime Rewards Program in an effort to end corruption and criminality tied to the Maduro regime in Venezuela. This investigation was conducted by the HSI New York and HSI Miami El Dorado Financial Crimes Task Forces.

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10/12/2020

Promising Infusions of Cash, Fake Investor John Bernard Walked Away With $30M

Krebs on Security

September featured two stories on a phony tech investor named John Bernard, a pseudonym used by a convicted thief named John Clifton Davies who’s fleeced dozens of technology companies out of an estimated $30 million with the promise of lucrative investments.

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10/12/2020

Hackers disguise malware attack as new details on Donald Trump’s COVID-19 illness

The State of Security

The confirmation that US President Donald Trump has been infected by the Coronavirus, and had to spend time this weekend in hospital, has – understandably – made headlines around the world.

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10/12/2020

Infection Fears Could Give a Boost to a ‘Reverse ATM’ That Takes in Cash, Dispenses Cards

Digital Transactions

With cash on the outs with many pandemic-wary consumers and merchants these days, payments firms are looking for alternatives.

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10/12/2020

Defining Synthetic Identity Fraud: Federal Reserve Launches Focus Group

Federal Reserve Banks

Synthetic identity fraud accounts for billions of dollars in credit losses annually, but experts say that differing definitions of synthetic identity fraud within the industry make it difficult to fully quantify the impact of this type of fraud on the U.S. financial system.

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10/12/2020

A fraud ring was shut down. Then cops say they realized lawyers were in on it.

Sun Sentinel

A married couple’s lucrative foreclosure fraud should’ve ended when they were convicted and locked up behind bars.

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10/12/2020

Deepfake Voice Technology Iterates on Old Phishing Strategies

The State of Security

As the world of AI and deepfake technology grows more complex, the risk that deepfakes pose to firms and individuals grows increasingly potent.

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10/12/2020

Microsoft Uses Trademark Law to Disrupt Trickbot Botnet

Krebs on Security

Microsoft Corp. has executed a coordinated legal sneak attack in a bid to disrupt the malware-as-a-service botnet Trickbot, a global menace that has infected millions of computers and is used to spread ransomware.

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10/11/2020

Amid an Embarrassment of Riches, Ransom Gangs Increasingly Outsource Their Work

Krebs on Security

There’s an old adage in information security: “Every company gets penetration tested, whether or not they pay someone for the pleasure.”

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10/11/2020

Unemployment Benefits Fraud: What To Know And How To Protect Yourself

Forbes

The Covid-19 pandemic caused the highest unemployment rates since the Great Depression, creating a ripe opportunity for scammers to steal Americans’ unemployment benefits.

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10/11/2020

At issue: the onslaught of ID theft attempts

WBBM News Radio Chicago

CHICAGO (WBBM NEWSRADIO) — The Better Business Bureau is warning that scam artists are pretending to be online retail giant Amazon in an attempt to steal your identity.

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10/11/2020

Texas man charged in $24 Million Paycheck Protection Program Fraud

News Channel 6 Texas

A Coppell man who spent more than $17 million in Paycheck Protection Program (PPP) loans on lavish personal expenses has been charged with filing fraudulent loan applications, announced Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal Division and U.S. Attorney for the Northern District of Texas Erin Nealy Cox.

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10/11/2020

Report: U.S. Cyber Command Behind Trickbot Tricks

Krebs on Security

A week ago, KrebsOnSecurity broke the news that someone was attempting to disrupt the Trickbot botnet, a malware crime machine that has infected millions of computers and is often used to spread ransomware

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10/11/2020

Widespread Unemployment Fraud Is Overwhelming State Systems

Security Boulevard

Back on Sept. 17, 2020, NBC News proclaimed that “fraudsters steal millions from unemployment coffers, adding to pain of those still waiting for benefits.” Here’s how that story begins:

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10/11/2020

New Smishing Campaign Using USPS as Its Disguise

The State of Security

A new SMS-based phishing (“smishing”) campaign is using the United States Postal Service (USPS) as a disguise to target mobile users.

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10/11/2020

Chinese Antivirus Firm Was Part of APT41 ‘Supply Chain’ Attack

Krebs on Security

The U.S. Justice Department this week indicted seven Chinese nationals for a decade-long hacking spree that targeted more than 100 high-tech and online gaming companies.

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10/07/2020

BBB Consumer Alert: Scams targeting millennials

AZ Family

.PHOENIX (3TV/CBS 5) -- Through the years, 3 On Your Side has exposed a lot of scams. Senior citizens, unfortunately, are usually targeted. But the Better Business Bureau says so are young college students.

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10/07/2020

What to do if someone opens a credit card in your name

Bankrate

When it comes to identity theft and fraud, there are a nearly endless number of ways you might be targeted.

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10/07/2020

It Takes More Than An ID Check To Outsmart Cybercriminals

Forbes

In the first half of 2020, U.S. Customs and Border Protection (CBP) officers seized 1,513 international shipments containing fraudulent documents — 19,888 counterfeit U.S. driver's licenses — at Chicago O'Hare International Airport.

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10/07/2020

BBB: Synthetic ID theft, a new trick for scammers

WSILTV.com

CAPE GIRARDEAU, MO (BBB) -- Identity theft is an ever-evolving crime. As credit bureaus and individuals catch on to the schemes of identity thieves, the con artists simply modify their tactics.

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10/07/2020

Kansas Department of Labor launches effort to stop identity theft-related unemployment fraud

3KSN - Wichita

TOPEKA, Kan. (KSNW) – The Kansas Department of Labor announced actions it is taking in an effort to combat the growing threat of identity theft.

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10/07/2020

New Attack Abused Windows Error Reporting Service to Evade Detection

The State of Security

Security researchers came across a new attack that abused the Windows Error Reporting (WER) service in order to evade detection.

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10/07/2020

New Valak Variant Makes “Most Wanted Malware” List for First Time

The State of Security

An updated variant of the Valak malware family earned a place on a security firm’s “most wanted malware” list for the first time.

Details >
10/05/2020

SOCIAL SECURITY EMPLOYEES IN ILLINOIS SENTENCED IN FEDERAL COURT ON CHARGES INCLUDING BRIBERY AND IDENTITY THEFT

Office of the Inspector General

The Inspector General of Social Security, Gail S. Ennis, is announcing the sentencings this week of two Social Security Administration (SSA) employees in the Northern District of Illinois.

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10/05/2020

Attacks Aimed at Disrupting the Trickbot Botnet

Krebs on Security

Over the past 10 days, someone has been launching a series of coordinated attacks designed to disrupt Trickbot, an enormous collection of more than two million malware-infected Windows PCs that are constantly being harvested for financial data and are often used as the entry point for deploying ransomware within compromised organizations.

Details >
10/05/2020

FBI offers tips for using mobile wallets

Newport News Times

The Oregon FBI has issued a list of tips to help people build a digital defense when using mobile wallets.

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10/05/2020

Researchers track hacking ‘fingerprints,’ link Russian attackers to Windows exploit sellers

ZDNet

Researchers have developed a new technique to "fingerprint" cybercriminals, including two prolific sellers of Windows exploits.

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10/05/2020

Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS.com

A U.S. House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs).

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10/05/2020

Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS.com

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards.

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10/05/2020

Did you receive an unsolicited unemployment debit card in the mail? It's likely fraud, state says

AZ Central

Arizona officials on Friday said that a new round of fraudulent unemployment claims is bogging down the state department that handles that work, and they are asking the public's help to report the crimes.

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10/05/2020

Group steals IDs to obtain at least $190,000 in fradulent loans, Phoenix police say

AZ Family

PHOENIX (3TV/CBS 5) - A group of crooks is facing charges after they stole other people's identities to get at least $190,000 in auto loans, according to the Phoenix Police Department

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10/05/2020

Former Social Security employee gets 4 years for $732K fraud scheme

Chicago Sun Times

A former Social Security claims specialist was sentenced to four years in prison for collecting hundreds of thousands of dollars in fraudulent benefits.

Details >
10/05/2020

Nacha Adopts New Rules To Modernize ACH Payments

PYMNTS.com

Nonprofit Nacha, which enables Automated Clearing House (ACH) payments, has adopted eight new amendments to the Nacha Operating Rules that a press release said will help to modernize the payment style.

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10/03/2020

The Social Dilemma

Official Trailer - Netflix

We tweet, we like, and we share— but what are the consequences of our growing dependence on social media?

Details >
10/01/2020

Russian Gets 7 Years in Prison for Linkedin, Dropbox & Formspring Hacks

The State of Security

A Russian man received a seven-year prison sentence for having hacked into computers belonging to LinkedIn, Dropbox and Formspring.

Details >
10/01/2020

What to do first when your company suffers a ransomware attack

The State of Security

For many companies it would be a nightmare to discover that they are the latest unwitting victim of a ransomware attack, capable of crippling computer systems and locking up data if a payment isn’t made to cybercriminals.

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10/01/2020

Ransomware Victims That Pay Up Could Incur Steep Fines from Uncle Sam

Krebs on Security

Companies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. federal government if the crooks who profit from the attack are already under economic sanctions, the Treasury Department warned today.

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10/01/2020

'Father of Identity Theft' Sentenced to 17 Years for Identity Theft

Memphis Flyer

The "Father of Identity Theft" was sentenced to more than 17 years in federal prison Thursday after his conviction for identity theft last October.

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10/01/2020

The FTC Chairman is not writing to you

FTC

If you saw an email from FTC Chairman Joseph Simons, it wasn’t. From him, that is.

Details >
09/30/2020

NERC Publishes Practice Guide for Assessing SVCHOST.EXE

The State of Security

One of our customers (You know who you are, thanks!) made us aware of a new practice guide titled “ERO Enterprise CMEP Practice Guide: Assessment of SVCHOST.EXE” published exactly two weeks ago today on September 15th, 2020.

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09/30/2020

Have you gotten a collection call about a debt you don’t recognize?

FTC

Nobody likes getting debt collection calls.

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09/29/2020

Who’s Behind Monday’s 14-State 911 Outage?

Krebs on Security

Emergency 911 systems were down for more than an hour on Monday in towns and cities across 14 U.S. states.

Details >
09/28/2020

Deepfakes Are Going To Wreak Havoc On Society. We Are Not Prepared.

Forbes

Last month during ESPN’s hit documentary series The Last Dance, State Farm debuted a TV commercial that has become one of the most widely discussed ads in recent memory.

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09/28/2020

While Momentum Builds for Real-Time Payments, Research Tags the U.S. Market As a Laggard

Digital Transactions

Real-time payments are gaining momentum in the United States, but research released Monday indicates the U.S. market remains a laggard.

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09/28/2020

6 Arrested In Burbank For Unemployment Fraud After Police Find $40K In Cash, Loaded Gun In Car

KCAL Los Angeles

BURBANK (CBSLA) — Six people were arrested on Friday night in Burbank in connection to an ongoing unemployment fraud investigation.

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09/28/2020

Why “AI” Is A Fraud

Forbes

Who will be crowned the world’s first trillionaire? Mark Cuban says there’s one disruptive trend that’ll bring a whole new meaning to the word “rich.”

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09/27/2020

What to do when someone steals your identity

FTC

Did someone use your personal information to open up a new mobile account or credit card? Or maybe buy stuff with one of your existing accounts? Or did they file for unemployment or taxes in your name? That’s identity theft.

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09/27/2020

Leader of Nationwide Credit Card Fraud Affecting Thousands of Account Holders Sentenced to 110 Months in Prison

The United States Attorneys Office

NEWARK, N.J. – The leader of a multi-million dollar conspiracy that used stolen credit card account information to make fraudulent retail purchases around the country was sentenced today to 110 months in prison, U.S. Attorney Craig Carpenito announced.

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09/27/2020

Instagram photo flaw could have helped malicious hackers spy via users’ cameras and microphones

The State of Security

A critical vulnerability in Instagram’s Android and iOS apps could have allowed remote attackers to run malicious code, snoop on unsuspecting users, and hijack control of smartphone cameras and microphones.

Details >
09/27/2020

Microsoft: Attackers Exploiting ‘ZeroLogon’ Windows Flaw

Krebs on Security

Microsoft warned on Wednesday that malicious hackers are exploiting a particularly dangerous flaw in Windows Server systems that could be used to give attackers the keys to the kingdom inside a vulnerable corporate network.

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09/27/2020

Watch out for text fraud

The News Democrat

Have you recently gotten a text from someone you don’t know, telling you that you have a package or won a prize? All you have to do is click the link in the text to claim it.

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09/27/2020

The Rise Of The ‘Device Biometric’

PYMNTS.com

Big data is a trillion-dollar industry. But for merchants and financial institutions (FIs), it’s what they do with the data that counts.

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09/27/2020

Banks, SMBs Push For Simplified PPP Loan Forgiveness

PYMNTS.com

Small- to medium-sized businesses (SMBs) are reporting difficulty with the forgiveness aspect of the Paycheck Protection Program (PPP) as that feature opens up, according to CNBC.

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09/27/2020

Computer Programmer Pleads Guilty to Lying about Silk Road Involvement

The State of Security

A computer programmer pleaded guilty to making false statements about his involvement with the Silk Road underground web marketplace.

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09/27/2020

MPD: Man robbed in bank parking lot; 2 teens taken into custody after attempting to elude

Fox 10 - Mobile Ala.

MOBILE, Ala. (WALA) - This is a part of the overnight crime report distributed by the Mobile Police Department.

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09/27/2020

Deep Dive: How Identity Fraud Targets Banks

PYMNTS.com

Fraudsters leverage an array of schemes to conduct financial crimes, including digital methods like botnets and brute force hacks as well as old-school ones like social engineering.

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09/27/2020

COMMENTARY: Here Are the Key Factors Driving Digital Fraud in 2020

Digital Transactions

Over the last 24 months, organizations across the globe have experienced $42 billion in total fraud losses. An increasing number of businesses report higher losses related to fraudulent identities year over year, according to a report from Experian, from 51% in 2017 to 57% in 2019. Here are some of the underlying factors driving the increase in digital fraud.

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09/27/2020

Louis Vuitton fixes data leak and account takeover vulnerability

Bleeping Computer

Louis Vuitton has quietly patched a security vulnerability on its website that allowed for user account enumeration and even allowed account takeover via password resets.

Details >
09/27/2020

Report: Hanging Up The Phone On Mobile Remittance Fraud

PYMNTS.com

Cross-border remittances are a lifeline for many households who depend on family members working abroad to send funds home.

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09/27/2020

This new banking feature will help avert cheque frauds

DNA India

Under the 'positive pay' system, a customer who issues the cheque clicks a picture of the cheque before handing it over to the beneficiary and uploads the same on the bank's mobile application.

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09/27/2020

City councilman urges zero tolerance, harsher punishment for fake check scams

ABC 10 News San Diego

SAN DIEGO (CNS) - San Diego City Councilman Chris Cate urged prosecutors Friday to take a zero-tolerance stance on predatory scams involving fraudulent checks, particularly amid the COVID-19 pandemic when people may be especially susceptible to fraud.

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09/27/2020

FBI Denver Searches For ‘Branded Bandit’ Accused Of Robbing 5 Banks In 5 Weeks

CBS Denver

DENVER (CBS4) – The Federal Bureau of Investigation is searching for a man accused of robbing five banks in the Denver area since Aug. 21. Investigators are offering a $2,000 reward for information leading to the arrest of the so-called “Branded Bandit.”

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09/24/2020

Govt. Services Firm Tyler Technologies Hit in Apparent Ransomware Attack

Krebs on Security

Tyler Technologies, a Texas-based company that bills itself as the largest provider of software and technology services to the United States public sector, is battling a network intrusion that has disrupted its operations.

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09/23/2020

Bank shares slide on report of rampant money laundering

Hawaii News Now

(AP) - The financial sector was hit hard Monday following a report alleging that a number of banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank and Bank of New York Mellon among them — have continued to profit from illicit dealings with disreputable people and criminal networks despite previous warnings from regulators.

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09/23/2020

Heard about the “waiting package” phishing scam?

FTC

Phishing scams can be hard to spot. For example, we’ve been hearing about one where people get a text message saying that there’s a package waiting for them, and asking them to click a link to learn more.

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09/23/2020

Report: Overcoming ID Fraud’s Technology Blind Spots

PYMNTS.com

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over.

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09/23/2020

Shopify Discloses Security Incident Involving Some Merchants’ Data

The State of Security

Canadian multinational e-commerce company Shopify disclosed a security incident that involved the information of some of its merchants.

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09/22/2020

China Busts a USDT Gambling Ring Facilitating Payments Abroad

Gambling News

Chinese authorities have cracked down on an illegal gambling facilitator, arresting 76 suspects and cutting access to over 120 online gambling websites based outside of the country.

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09/22/2020

Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS.com

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported.

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09/22/2020

COVID and Banking in the New Era: Can Banks Ride the Wave After Decades of Creating It?

Cision PR WEB

Today, the Identity Theft Resource Center® (ITRC), a nationally recognized non-profit organization established to support victims of identity crime, and SAS®, the leader in analytics, join forces to promote Child Identity Theft Awareness Day.

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09/22/2020

COVID and Banking in the New Era: Can Banks Ride the Wave After Decades of Creating It?

PaymentsJournal

While some predicted that “Big Tech” would be the catalyst that transformed consumer behavior in the banking industry, the truth is that banking has already been cruising toward digital transformation – a global pandemic greatly accelerated it.

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09/22/2020

Experian and BioCatch Provide a Global Financial Services Provider With a 73% Lift in Fraud Detection

OA Online

Amidst the pandemic, consumers have progressively shifted more and more of their activities online. Concurrently, there has been a surge in fraudulent attempts - industry data suggests that, since the beginning of the COVID-19 pandemic, there has been a 33 percent increase in account opening (AO) fraud 1.

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09/20/2020

44 arrested, 129 EDD credit cards seized as Beverly Hills police crack down on fraud

Austin Fox 7

BEVERLY HILLS, Calif. - The Beverly Hills police are cracking down on fraud and identity theft.

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09/20/2020

How to protect yourself against reward program data breaches

The Points Guy

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

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09/20/2020

Software Flaw Hid Signs of $576 Million State Unemployment Fraud, Officials Say

The Daily Chronicle

The state's Employment Security Department took nearly a year to fix a software flaw that wound up playing a small but significant role in this spring's massive unemployment fraud.

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09/18/2020

Man arrested for multiple bank robberies across Tucson

News 4

TUCSON (KVOA) - A man was taken into custody Thursday in connection to three bank robberies that occurred in September.

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09/18/2020

Scammers prey on your kindness during disasters

FTC

Wildfires raging out West. The hurricane season. Civil unrest. And all of this happening during a global pandemic that has claimed its own devastating share of deaths and cost people their livelihoods.

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09/18/2020

Fake check scams and your small business

FTC

If someone you don’t know sends you a check and asks for money back, that’s a scam.

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09/18/2020

Combating the Iranian Cyber Threat

FBI News

Republic at the Center of Cyber Crime Charges in Three Cases

Details >
09/18/2020

VSoft Launches Bread, the Latest Entry in the Real-Time Payments Sweepstakes

Digital Transactions

VSoft Corp., a provider of digital-banking and payment solutions to financial institutions, on Wednesday launched the Bread network, a peer-to-peer, consumer-to-business, business-to-consumer, and business-to-business payment network.

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09/18/2020

Two Russians Charged in $17M Cryptocurrency Phishing Spree

Krebs on Security

U.S. authorities today announced criminal charges and financial sanctions against two Russian men accused of stealing nearly $17 million worth of virtual currencies in a series of phishing attacks throughout 2017 and 2018 that spoofed websites for some of the most popular cryptocurrency exchanges.

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09/18/2020

German Hospital Hit by Ransomware, Patient Dies After Being Redirected

The State of Security

A patient died after being redirected to another medical facility as the result of a German hospital having suffered a ransomware infection.

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09/17/2020

Accidental Airbnb account takeover linked to recycled phone numbers

SC Magazine

It’s a flaw that can result in account takeover, credit card theft and privacy leaks, and yet it has gone unaddressed for years on certain websites and online apps.

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09/17/2020

The History of Common Vulnerabilities and Exposures (CVE)

The State of Security

During the late 1990s, security professionals were using information assurance tools in concert with vulnerability scanners to detect and remove vulnerabilities from the systems for which they are responsible.

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09/17/2020

Hackers pumped and dumped GAS cryptocurrency for $16.8 million, alleges US DOJ

The State of Security

US authorities have charged two Russian men with allegedly defrauding cryptocurrency exchanges and their customers out of at least $16.8 million.

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09/17/2020

Second Stimulus Check In Limbo As IRS Urges 9 Million to Claim First Payment

Forbes

Americans continue to wait for Congress to agree on the terms of a second stimulus bill, as Democrats and Republicans are still divided on the size and scope of an aid package. In the meantime, up to 9 million people still haven’t received their first direct payment that was authorized by the CARES Act.

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09/17/2020

Spot and stop dishonest charity fundraisers

FTC

What’s worse than a bogus charity? A bogus charity with a dishonest fundraiser. That’s what we saw in a case announced today against Outreach Calling, Inc., its founder Mark Gelvan, and others.

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09/16/2020

Health officials begin statewide COVID-19 survey of Minnesota households

MN Department of Health

Survey includes free COVID-19 testing and will assist in responding to COVID-19 in Minnesota

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09/16/2020

E-money service scam expands to five other operators

The Japan Times

A case concerning fraudulent e-money withdrawals has expanded to include five other service operators in addition to NTT Docomo Inc., internal affairs minister Sanae Takaichi said Tuesday.

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09/16/2020

How Fraudsters Are Deploying Mobile Capture to Target Covid Stimulus Checks

Digital Transactions

Stimulus-check fraud is on the rise, says Advanced Fraud Solutions, a High Point, N.C.-based provider of fraud-mitigation tools.

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09/15/2020

Gearing Towards Your Next Audit – Understanding the Difference Between Best Practice Frameworks and Regulatory Compliance Standards

The State of Security

Security configuration management (SCM) can help organizations do much more than just harden their attack surfaces against intrusions.

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09/15/2020

Due Diligence That Money Can’t Buy

Krebs on Security

Most of us automatically put our guard up when someone we don’t know promises something too good to be true.

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09/15/2020

VA data breach exposes information of 46,000 veterans

UPI

Sept. 14 (UPI) -- A data breach involving personal information of about 46,000 veterans was announced on Monday by the Department of Veterans Affairs.

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09/15/2020

IRS doesn't alert kids whose identities are stolen for work purposes: Audit

The Washington Times

The IRS knows of more than 130,000 children whose Social Security numbers are being used by illegal immigrants to obtain work, but it is refusing to tell their families, citing privacy rules, the agency’s inspector general said in a new audit released Monday.

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09/13/2020

How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note

PYMNTS.com

The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods.

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09/11/2020

Understanding the Tactics of Ransomware Attacks

Security Boulevard

Amid a global pandemic and political unrest, cyberattacks have still managed to grab headlines. Technology is considered critical infrastructure, and when ransomware strikes, it only amplifies the hardships that businesses, non-profits, organizations and entire nations face.

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09/11/2020

TCH Says Its Real Time Payments Network Can Potentially Reach 70% of U.S. Accounts

Digital Transactions

The years-long effort to bring real-time payments to the United States picked up steam on Thursday with an announcement from The Clearing House Payments Co. LLC that 70% of U.S. deposit accounts can now access real-time capability via agreements between TCH and third-party processors.

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09/11/2020

BANK ROBBERY: Police need help identifying two males

Fort Wayne NBC

NEW HAVEN, Ind. (Fort Wayne's NBC) - The New Haven Police Department needs your help locating two males who they say robbed a bank Thursday afternoon.

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09/11/2020

Did someone tell you to pay with gift cards? It’s a scam

FTC

Maybe someone said you’ve won the lottery, a prize or sweepstakes. Or they claim to be from the government and tell you there’s a problem with your Social Security number.

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09/11/2020

Ohio woman loses thousands of dollars in ‘car wrap’ scam

Cleveland 19

CLEVELAND, Ohio (WOIO) - A local woman says she lost thousands of dollars to a sneaky scam officials say they’re seeing right now, here in Northeast Ohio.

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09/10/2020

Sendgrid Under Siege from Hacked Accounts

Krebs on Security

Email service provider Sendgrid is grappling with an unusually large number of customer accounts whose passwords have been cracked, sold to spammers, and abused for sending phishing and email malware attacks.

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09/10/2020

Cryptocurrency exchange Eterbase hacked, $5.4 million worth of funds stolen

The State of Security

European cryptocurrency exchange platform Eterbase has announced that it has suffered a security breach which saw malicious hackers access its network and steal funds worth US $5.4 million.

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09/10/2020

Fraud So Obvious, You Can See It In Analytics (If You Looked)

Forbes

All the major advertisers already pay for fraud detection tech when they buy through programmatic channels.

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09/09/2020

The power of data intelligence in fraud prevention

The Paypers

By 2024, the amount of data generated will be greater than 150 Zettabytes – over three times as much created this year.

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09/09/2020

How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note

PYMNTS.com

The COVID-19 pandemic is shaking up shopping behavior. Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods.

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09/09/2020

Covid-19 Scams: From Identity Theft To Bogus Contact Tracers

Forbes

Usually, when my “Friends Talk Money” podcast hosts and I record an episode, we’re sharing advice about how to earn more money and manage what you’ve got.

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09/08/2020

ICE, Caribbean Corridor Strike Force seize $27 million in cash

U.S. Immigration and Customs Enforcement

SAN JUAN, Puerto Rico – U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) special agents, working jointly with Caribbean Corridor Strike Force (CCSF) officers seized Saturday approximately $27 million in cash at Pier 10 in San Juan.

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09/08/2020

Study: Michigan consumers lose $2.94M to COVID-19 scams

Grand Rapids Business Journal

The year isn’t even over yet, and Michigan consumers lost nearly $3 million to COVID-19 fraud, a new study found.

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09/08/2020

Nine indicted in identity theft and bank fraud conspiracy

Rochester First

SYRACUSE, N.Y. (WTEN) — Nine men were charged in a 13-count indictment for a bank fraud and identity theft scheme with hundreds of victims, including in Albany County. Two of the indicted men—alleged members of the “Felony Lane Gang”—are from the Capital Region, and the rest are from the state of Florida.

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09/08/2020

Winston-Salem man sentenced to five years for role in online fraud scheme.

Winston-Salem Journal

A Winston-Salem man will spend five years in prison for his role in several online schemes that stole more than $400,000 from people and businesses.

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09/08/2020

Hundreds of Mystery Unemployment Letters Delivered to Californians; Fraud Suspected

NBC Bay Area

Families statewide are finding shock at the mailbox, getting dozens of envelopes from the state unemployment office -- addressed to people who don't live there.

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09/08/2020

How AI will automate cybersecurity in the post-COVID world

Venture Beat

By now, it is obvious to everyone that widespread remote working is accelerating the trend of digitization in society that has been happening for decades.

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09/08/2020

Targeted Company’s Homepage Used in Message Quarantine Phish

The State of Security

Security researchers observed that malicious actors had incorporated a targeted company’s homepage into a message quarantine phishing campaign.

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09/04/2020

How can you spot a tech support scam?

FTC

Are you getting pop-up warning messages on your computer screen?

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09/03/2020

The Joys of Owning an ‘OG’ Email Account

Krebs on Security

When you own a short email address at a popular email provider, you are bound to get gobs of spam, and more than a few alerts about random people trying to seize control over the account.

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09/03/2020

Newly-discovered KryptoCibule malware has been stealing and mining cryptocurrency since 2018

The State of Security

Security researchers at Slovak security firm ESET have discovered a new family of malware that they say has been using a variety of techniques to steal cryptocurrency from unsuspecting users since at least December 2018.

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09/03/2020

19 aliens charged with voter fraud in North Carolina following ICE investigation

U.S. Immigration and Customs Enforcement

GREENSBORO, N.C. – Nineteen foreign nationals face federal charges in U.S. District Court for the Middle District of North Carolina for illegally voting in the 2016 federal elections, according to federal charges publicly announced on Wednesday.

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09/02/2020

Man Claiming To Have Bomb Robs Dollar Bank In Dormont

KDKA Pittsburgh

DORMONT, Pa. (KDKA) — Police are looking for a man who claimed to have a bomb during a bank robbery.

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09/02/2020

Deep Dive: How AI and ML Improve Fraud Detection Rates And Reduce False Positives

PYMNTS.com

Financial crime and other forms of digital fraud are a pressing concern for banks, credit unions and other FIs, with fraudsters stealing $2.8 billion from bank accounts in 2018

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09/02/2020

Visa Takes Aim At Unemployment Insurance Fraud

PYMNTS.com

At the intersection of government assistance, vulnerable populations and digital payments … the fraudsters lie in wait.

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09/02/2020

Skimming Attack Hits American Payroll Association

Info Security

The American Payroll Association (APA) has issued a data breach notification after being hit by a skimming attack.

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09/01/2020

PayPal has a fraud problem

Engadget

A string of 'invoice' scams shows how easy it is for hackers to siphon money out of people's accounts.

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09/01/2020

Hacker steals over $16 Million in Bitcoin via a wallet exploit

Coin Journal

In the latest crypto heist, hackers nabbed 1,400 bitcoins belonging to a long-time holder

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08/31/2020

Those free COVID-19 money offers on WhatsApp and Facebook are scams

FTC

Have you seen a message on WhatsApp or Facebook offering you free help during the pandemic?

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08/28/2020

Protect Yourself from Wire Fraud

Lansing State Journal

One of the fastest growing cybercrimes in the U.S. is real estate wire fraud.

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08/28/2020

FBI tips to avoid 'Business Email Compromise' fraud

NU Property Casualty

As reliant as the insurance industry (along with every other business) has become on email to manage client, vendor and partner communications, the fact remains that any such digital tool can leave individuals and firms open to a cybersecurity breach.

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08/28/2020

Report: How ING Group Is Using AI To Fight Financial Crime

PYMNTS.com

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts can often feel ineffective as fraud continues to grow regardless of FIs’ prevention measures

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08/28/2020

COVID-19 Fraud Statistics: $100 Million in Losses and Counting

Patch Farmington-Farmington Hills, MI

This year, Americans have lost over $100 million to stimulus check and COVID-19 fraud, according to a new study by The Ascent.

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08/27/2020

Foreign scammers rely on your neighbors to harass you

Suburban Chicago Land

How many times have you received a call from some idiot who can’t speak English properly trying to tell you he represents the IRS and you need to pay a fine or you might go to jail? The fine usually involves you buying a “gift card” or providing access to your bank account to transfer money.

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08/27/2020

Increase in phishing scams, malware campaigns, fraudulent websites associated with Covid-19

Economic Times

Online shoppers in India are growing at 73% for Tier-I cities and this growth is staggering 400% for Tier-II and III cities, according to a report.

Details >
08/27/2020

Confessions of an ID Theft Kingpin, Part II

Krebs on Security

Yesterday’s piece told the tale of Hieu Minh Ngo, a hacker the U.S. Secret Service described as someone who caused more material financial harm to more Americans than any other convicted cybercriminal.

Details >
08/27/2020

North Korea’s BeagleBoyz Resumes International Attacks Targeting Banks

The State of Security

North Korea’s BeagleBoyz team resumed its efforts to target banks worldwide with fraudulent money transfers and ATM cash outs.

Details >
08/27/2020

Pennsylvania attorney general files unemployment fraud charges against 33 residents

The Center Square

(The Center Square) – Pennsylvania’s top cop announced charges this week against nearly three dozen residents caught stealing jobless benefits, including people behind bars at eight different jails and prisons, after the federal government increased payments to address rising unemployment amid the pandemic.

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08/27/2020

Debit card scams are latest twist in unemployment claims fraud

KOMO News

A new twist in unemployment benefit fraud is targeting people with legitimate debit cards that are sent through the mail.

Details >
08/26/2020

COVID-19 report data “on the daily”

FTC

Every day, the FTC is collecting data, watching the numbers, and spotting the trends.

Details >
08/26/2020

IoT Devices in Different Industries and How to Secure Them

The State of Security

Today, data analytics, automation, connectivity, and remote monitoring have made great progress and have brought innovations in every sphere of modern civilization.

Details >
08/25/2020

FBI, CISA Echo Warnings on ‘Vishing’ Threat

Krebs on Security

The Federal Bureau of Investigation (FBI) and the Cybersecurity and Infrastructure Security Agency (CISA) on Thursday issued a joint alert to warn about the growing threat from voice phishing or “vishing” attacks targeting companies.

Details >
08/25/2020

Amazon assists prosecution of $19 million fraud case

Chain Store Age

Four individuals accused of defrauding Amazon of millions of dollars are facing federal charges, in part due to actions taken by the e-tailer.

Details >
08/25/2020

How Threat Actors Are Bypassing Two-Factor Authentication For Privileged Access

Forbes

With the recent attack on Twitter, a bubble has been burst regarding the protective security two-factor authentication (2FA) provides for privileged access and for any user access.

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08/25/2020

The Tiffany-Costco Counterfeit Dispute Is Back

PYMNTS.com

Counterfeit goods on online marketplaces have seen an explosion amid COVID-19 from both those who attempt to pass off fakes and the platforms that try to block them.

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08/25/2020

Thieves are stealing checks from USPS boxes. Is it 'mailbox fishing' or an inside job?

NBC News

The Postal Service rolled out new tamper-proof mailboxes across the northeast — but, as one NBC News reporter learned firsthand, crooks are still making off with people’s mail.

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08/25/2020

Identity theft info for 30 people found during traffic stop in Camarillo, authorities say

VC Star

United States Attorney Erica H. MacDonald today announced the unsealing of a federal indictment charging KYLE WILLIAM BRENIZER, 32, with fraudulently obtaining $841,000 in Paycheck Protection Program (PPP) loans intended to provide relief for small businesses affected by COVID-19.

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08/25/2020

St. Paul Man Charged With COVID-Relief Fraud, Money Laundering

The US Attorney's Office District of Minnesota

United States Attorney Erica H. MacDonald today announced the unsealing of a federal indictment charging KYLE WILLIAM BRENIZER, 32, with fraudulently obtaining $841,000 in Paycheck Protection Program (PPP) loans intended to provide relief for small businesses affected by COVID-19.

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08/25/2020

Why Did COVID Scam Complaints Double?

TPGonlinedaily.com

Coronavirus scam complaints have jumped as the pandemic continues to influence the nation, according to Federal Trade Commission data.

Details >
08/25/2020

15 Disturbing Credit Card Fraud Statistics

CardRates.com

Credit card fraud is the most common type of identity theft, according to a 2020 Federal Trade Commission report.

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08/21/2020

The Pandemic Has Stoked Merchant Risk Along With Contactless Payments

Digital Transactions

With the Covid-19 pandemic accelerating consumers’ use of contactless cards and mobile wallets, merchants can expect hackers to target contactless transaction data at the point-of-sale, says Ruston Miles, founder and advisor at Atlanta-based Bluefin Payment Systems LLC.

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08/21/2020

BBB warns of 'synthetic' identity theft that combines information from multiple people

3 WTKR

The Better Business Bureau is warning the public about “synthetic” identity theft.

Details >
08/21/2020

89 Arrested in 2 NJ Counties in Connection With Multi-State ATM Scam: Prosecutors

NBC New York

The organized scheme allegedly used prepaid debit cards to steal from Santander Bank ATMs across multiple states, according to authorities

Details >
08/21/2020

Arizona investigating more than 1 million unemployment claims for fraud

AZ Family

PHOENIX (3 On Your Side) -- Arizona is investigating more than one million unemployment claims for possible fraud, 3 On Your Side has learned.

Details >
08/21/2020

Experian South Africa Announces Investigation into Data Incident

The State of Security

Experian South Africa announced that it’s in the process of investigating a security incident involving a fraudulent data inquiry.

Details >
08/21/2020

University of Utah Paid Over $450K to Ransomware Attackers

The State of Security

The University of Utah paid a fee of more than $450,000 to attackers after they infected a portion of its servers with ransomware.

Details >
08/21/2020

Marion man and two others charged in unemployment benefits scam involving COVID-19 relief

The Gazette

The men were 'money mules' for others who hacked into unemployment system, authorities say

Details >
08/20/2020

Voice Phishers Targeting Corporate VPNs

Krebs on Security

The COVID-19 epidemic has brought a wave of email phishing attacks that try to trick work-at-home employees into giving away credentials needed to remotely access their employers’ networks.

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08/20/2020

Synthetic Identity Fraud Mitigation: One Approach Does Not Fit All

FedPayments Improvement

Synthetic identity fraud accounts for billions in credit losses annually.

Details >
08/20/2020

TRENDING 2020: ACCOUNT TAKEOVER FRAUD DETECTION SOFTWARE MARKET SHARE, SIZE, TRENDS AND GROWTH 2020 TO 2025: ZEROFOX, KOUNT, NUDATA SECURITY

primefeed.in

Chicago, United States: – The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Account Takeover Fraud Detection Software Market.

Details >
08/19/2020

2020 Census: Visiting homes and sending emails

FTC

The Federal Trade Commission is partnering with the U.S. Census Bureau to help you guard against potential census scams.

Details >
08/18/2020

Carnival Reveals It Detected a Ransomware Attack on Its Systems

The State of Security

British-American cruise operator Carnival Corporation & plc revealed it had detected a ransomware attack on some of its IT systems.

Details >
08/17/2020

Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

R1 RCM Inc. [NASDAQ:RCM], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack.

Details >
08/17/2020

Online fraud is skyrocketing. Can you guess where most of it comes from?

Kim Komando

The Justice Department recently shut down hundreds of sites for defrauding customers with fake hand sanitizer and disinfectant sales.

Details >
08/17/2020

Microsoft Put Off Fixing Zero Day for 2 Years

Krebs on Security

A security flaw in the way Microsoft Windows guards users against malicious files was actively exploited in malware attacks for two years before last week, when Microsoft finally issued a software update to correct the problem.

Details >
08/14/2020

Three Nigerian Nationals Indicted For International Cyber Fraud Conspiracy

US Attorney's Office District of MN

United States Attorney Erica H. MacDonald today announced the unsealing of three separate indictments against OLUFEMI OLUWASEUN BANJO, a/k/a “Femi Banjo,” 37, FRANCIS NWABUEZE IWUOHA, 38, and OLUWADAMILARE GBENGA MACAULAY, 32, charging them with wire fraud, aggravated identity theft, and conspiracy. The defendants are at large and believed to be in Nigeria.

Details >
08/14/2020

Cybercriminals Are Infiltrating Netgear Routers with Ancient Attack Methods

The State of Security

It would be heartening to think that cybersecurity has advanced since the 1990s, but some things never change. Vulnerabilities that some of us first saw in 1996 are still with us.

Details >
08/14/2020

CISA Warns of Phishing Emails Leading to Spoofed COVID-19 Relief Page

The State of Security

The Cybersecurity & Infrastructure Security Agency (CISA) warned that phishing emails are redirecting recipients to spoofed COVID-19 loan relief pages.

Details >
08/13/2020

THE US SEIZED MILLIONS IN CRYPTO FROM TERRORIST GROUPS

Futurism

U.S. federal law enforcement recently seized millions of dollars’ worth of cryptocurrency from a trio of terrorist organizations.

Details >
08/13/2020

How to Keep APIs Secure From Bot Attacks

Security Boulevard

The widespread adoption of mobile & IoT devices, emerging ‘serverless’ architectures hosted in public clouds and the growing dependency on machine-to-machine communication are reasons for changes to modern application architectures.

Details >
08/13/2020

Business Email Compromise Attacks Involving MFA Bypass Increase

Dark Reading

Adversaries are using legacy email clients to access and take over accounts protected with strong authentication, Abnormal Security says.

Details >
08/13/2020

NSA and FBI Expose Russian Previously Undisclosed Malware Drovorub in Cybersecurity Advisory

The FBI

The National Security Agency (NSA) and the Federal Bureau of Investigation (FBI) released a new cybersecurity advisory about previously undisclosed Russian malware.

Details >
08/13/2020

Capital One ordered to pay $80 million penalty for its role in a 2019 data breach

The Verge

Capital One will pay an $80 million civil penalty for its role in a 2019 security breach that exposed the personal data of more than 100 million customers, The Wall Street Journal reported.

Details >
08/13/2020

US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS.com

The U.S. Department of Justice (DOJ) charged 14 people in two separate investigations into their alleged participation in schemes to defraud the Paycheck Protection Program (PPP) of more than $28 million in forgivable loans guaranteed by the Small Business Administration.

Details >
08/13/2020

Three admit to roles in a scheme to defraud Sprint by using stolen IDs to order over $1 million worth of iPhones

PennLive.com

WILLIAMSPORT- Three people living in the New York City area have admitted to being part of a scheme to defraud Sprint that involved using the stolen identities of individuals with high credit scores to purchase over $1 million worth of iPhones

Details >
08/13/2020

Arkansas Project Manager Pleads Guilty to Bank Fraud and False Statements in Connection with COVID-Relief Fraud

US Department of Justice

A project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Details >
08/13/2020

Justice Department Acts To Shut Down Fraudulent Websites Exploiting The Covid-19 Pandemic

US Department of Justice

Federal Court Issues Temporary Restraining Order Against Three Defendants and Over 300 Fraudulent Websites Purporting to Sell Scarce Health and Safety Items

Details >
08/13/2020

Fraud Watch: Be on a campaign to avoid political fundraising scams

Refomer

Many of us have been spending more time at home, a reality not ignored by the con artists. If you are uncertain of this, consider the number of scam telephone calls and emails received in comparison to last summer.

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08/12/2020

Reports suggest spike in vaccine-related phishing campaigns

Security Brief.

When the COVID-19 pandemic picked up steam in its initial spread across the world in March, instances of pandemic-related phishing campaigns were rife across the internet.

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08/12/2020

A real or fake savings club?

FTC

Imitation is the greatest form of flattery. It’s also the greatest form of “scammery.”

Details >
08/12/2020

Scams in between stimulus packages

FTC

As we publish this post, a second stimulus package has not yet been finalized by Congress.

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08/12/2020

“You’ve won! Now pay us” is always a scam.

FTC

During these difficult economic times, it is easy to imagine our financial problems disappearing by winning a big prize.

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08/12/2020

The Importance of Content for Security Tools like Tripwire

The State of Security

Have you ever stood in the airport security line when the agents bring the dog out to inspect everyone’s luggage?

Details >
08/12/2020

New Agent Tesla Variants Capable of Stealing Data from VPNs, Browsers

The State of Security

Some new variants of the Agent Tesla infostealer family are capable of stealing data from multiple VPN clients and web browsers.

Details >
08/12/2020

Microsoft Patch Tuesday, August 2020 Edition

Krebs on Security

Microsoft today released updates to plug at least 120 security holes in its Windows operating systems and supported software, including two newly discovered vulnerabilities that are actively being exploited. Yes, good people of the Windows world, it’s time once again to backup and patch up!

Details >
08/12/2020

Americans, who have lost $100 million to fraud related to Covid-19, continue to be a target

CNBC

Americans should be wary of fraud as Washington lawmakers debate the contours of another round of potential financial relief, according to an alert issued Tuesday by the Federal Trade Commission.

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08/12/2020

Why & Where You Should You Plant Your Flag

Krebs on Security

Several stories here have highlighted the importance of creating accounts online tied to your various identity, financial and communications services before identity thieves do it for you.

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08/10/2020

Phishers Send Out Fake cPanel Security Vulnerabilities Advisory

The State of Security

Fraudsters launched a new phishing attack in which they sent out a fake cPanel advisory warning recipients about fabricated security vulnerabilities.

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08/10/2020

How to avoid stimulus check fraud: Protect your payment and personal information

Theunionjournal.com

Congressional Democrats and Republicans didn’t reach an agreement on the next stimulus package by Friday’s deadline, but that won’t stop fraudsters from using every trick in the book to use either the first or second stimulus check to try to bait you out of your money or sensitive personal details.

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08/10/2020

5 steps to help you recover after identity theft

Techradar.pro

ID fraud occurs quickly and almost always without warning. It can take months to recover from in normal circumstances, so it is important to know what is required in order to expedite the process.

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08/10/2020

Getting unordered seeds and stuff in the mail?

FTC

Those mysterious seeds from China have been in the headlines, but we’re also hearing about other stuff that people are getting that looks connected to the seed mystery.

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08/10/2020

1, 2, 3 videos to help you stop unwanted calls

FTC

It can be frustrating to deal with a bunch of unwanted calls. If you answer them, you might hear a recorded message of someone trying to sell you something.

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08/07/2020

Hacked Data Broker Accounts Fueled Phony COVID Loans, Unemployment Claims

Krebs on Security

A group of thieves thought to be responsible for collecting millions in fraudulent small business loans and unemployment insurance benefits from COVID-19 economic relief efforts gathered personal data on people and businesses they were impersonating by leveraging several compromised accounts at a little-known U.S. consumer data broker, KrebsOnSecurity has learned.

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08/07/2020

Phishing Campaign Leads Users to Site Disguised as Email Scanner

State of Security

A phishing campaign tricked users into visiting a website that masqueraded as an email scanner in an effort to steal their account credentials.

Details >
08/07/2020

Emotet Botnet Named ‘Most Wanted Malware’ for July 2020

State of Security

The Emotet botnet earned the title of “most wanted” malware family for the month of July 2020 following a period of inactivity.

Details >
08/06/2020

Video shows how scammers tell you to pay

FTC

Scammers make up all kinds of stories to get your money, from telling you that you’ve won a prize, you owe a debt, or your family member is in an emergency.

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08/06/2020

Audio Deepfakes: Can Anyone Tell If They’re Fake?

How-to-Geek

Video deepfakes mean you can’t trust everything you see.

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08/06/2020

Small businesses targeted with unauthorized withdrawals

FTC

The last thing struggling small business owners need right now is to have money unlawfully taken from their pockets.

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08/06/2020

Scammy PPE sellers exploit COVID-19 fears

FTC

Last month, the FTC filed its first case against an online seller that failed to ship next-day personal protective equipment (PPE) as promised.

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08/06/2020

Scammers and “customer service” — another imposter scam

FTC

If you want to contact a company’s customer service department, you can do a quick search online and often find what looks like its phone number or email. But is the information at the top of your search results actually correct?

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08/06/2020

Police: Suspect could be part of organized identity theft ring

News Channel 5 Nashville

MURFREESBORO, Tenn. (WTVF) — Police are looking for a woman in connection with an organized identity theft ring in Middle Tennessee.

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08/06/2020

National Cybersecurity Authority (NCA): What You Need to Know

The State of Security

In its Vision 2030 development plan, Saudi Arabia included a National Transformation Program whose purpose is to diversify the Kingdom’s income away from the oil industry.

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08/06/2020

Study: COVID-19 Fraud Reaches $100M

PYMNTS.com

SocialCatfish.com, the identity verification nonprofit, reported U.S. losses from COVID-19 fraud and ID theft have reached nearly $100 million since the pandemic emerged in March, according to Reuters.

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08/06/2020

More than 120,000 cases of unemployment fraud found in Illinois since March, Pritzker says

St. Louis Post Dispatch

CHICAGO — Gov. J.B. Pritzker announced Wednesday that Illinois officials have found more than 120,000 cases of unemployment fraud since March connected to a national identity theft scheme during the coronavirus pandemic.

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08/06/2020

How to check if your ID has already been stolen

Tech Radar

Unfortunately there is a strong chance your ID has already been stolen

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08/06/2020

Coronavirus fraud losses approach $100M as pandemic scams double

Fox Business

Losses from coronavirus-related fraud, identity theft and price gouging have almost hit $100 million since the pandemic began in March, according to a new report from a consumer protection group.

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08/06/2020

Coronavirus fraud losses approach $100M as pandemic scams double

Fox Business

Losses from coronavirus-related fraud, identity theft and price gouging have almost hit $100 million since the pandemic began in March, according to a new report from a consumer protection group.

Details >
08/06/2020

Prosecutors: Man pretended to be a billionaire and a federal judge in elder-fraud scheme

The Spectrum

A former Kane County resident is facing fraud and false impersonation charges after prosecutors say he pretended to be a billionaire, a New York attorney and multiple federal judges in a scheme that took more than $300,000 from elderly victims.

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08/04/2020

Here’s Why Credit Card Fraud is Still a Thing

Krebs on Security

Most of the civilized world years ago shifted to requiring computer chips in payment cards that make it far more expensive and difficult for thieves to clone and use them for fraud.

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08/04/2020

Is Your Chip Card Secure? Much Depends on Where You Bank

Krebs on Security

Chip-based credit and debit cards are designed to make it infeasible for skimming devices or malware to clone your card when you pay for something by dipping the chip instead of swiping the stripe.

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08/04/2020

Social Engineering: Hacking Brains…It’s Easier than Hacking Computers

The State of Security

The audience in the room is weirdly quiet. The contestant is in a small plexiglass booth with nothing but a phone, a laptop computer and some notes.

Details >
08/04/2020

FBI Releases Flash Alert on Netwalker Ransomware

The State of Security

The Federal Bureau of Investigations (FBI) released a flash alert in which it warned organizations about the dangers of Netwalker ransomware.

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08/04/2020

Phishing Email Uses Google Ad Redirect to Steal Microsoft Credentials

The State of Security

Security researchers came across a phishing email that used a Google Ad redirect as a part of its efforts to steal victims’ Microsoft credentials.

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08/04/2020

Florida man buys a $140,000 Porsche with a fake check printed from his home computer

Daily Mail

Florida man buys a $140,000 Porsche with a fake check printed from his home computer but is caught when he tries to buy three Rolex watches for $62,000 with another false bank note

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08/04/2020

Will COVID And Fraud Finally Kill The Paper Check?

PYMNTS.com

PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity to issue despite the fact that most people on the receiving end really hate getting them.

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08/04/2020

BBB Tip: 9 Tips for college students to avoid ID theft on campus

Better Business Bureau

As college students prepare to head back to campus in the next few weeks, and COVID-19 precautions are taking center stage, fighting fraud may not be at the top of their list of priorities.

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08/04/2020

BBB Tip: 9 Tips for college students to avoid ID theft on campus

Better Business Bureau

As college students prepare to head back to campus in the next few weeks, and COVID-19 precautions are taking center stage, fighting fraud may not be at the top of their list of priorities.

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08/04/2020

5 steps to mitigate corporate identity theft

Tech Radar Pro

Businesses of all sizes can just as easily fall victim to identity theft as individuals

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08/03/2020

Former Hawaii charter school staffer gets 5 years in prison for embezzlement

Star Advertiser

Kelaukila Estabilio, who managed the finances for Kua O Ka La Public Charter School on Hawaii island, has been sentenced to five years in prison for embezzling $628,835 from the school.

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08/03/2020

Malware author pleads guilty for role in transnational cybercrime organization responsible for more than $568 million in losses

U.S. Immigration and Customs Enforcement

Cybercrime organization victimized millions in all 50 states and worldwide in one of the largest cyber fraud enterprises ever prosecuted by the Department of Justice

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08/03/2020

Career criminal admits robbing now-closed WL bank

Journal Inquirer

Gary W. Bornman, 58, a career criminal who has spent some of his adult life robbing banks and much more of it in prison for bank robberies, pleaded guilty Friday to two more bank robberies, including one committed Jan. 27 at the former People’s United Bank branch in Windsor Locks.

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08/02/2020

Three Charged in July 15 Twitter Compromise

Krebs on Security

Three individuals have been charged for their alleged roles in the July 15 hack on Twitter, an incident that resulted in Twitter profiles for some of the world’s most recognizable celebrities, executives and public figures sending out tweets advertising a bitcoin scam.

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08/02/2020

Twitter hackers used “phone spear phishing” in mass account takeover

ARS Technica

This month's epic breach targeted multiple employees, Twitter says.

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08/02/2020

Your phone is you: How to protect your device from ID theft

Techradar.pro

A stolen smartphone can give a criminal easy access to your digital life

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08/02/2020

Florida teen arrested as mastermind of Twitter hack

The Oakland Press

MIAMI>> A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case.

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07/30/2020

How biometrics can put an end to identity theft

Techradar.com

Biometric authentication can protect people from many scams

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07/30/2020

Amazon wants to kill off online fraud

Techradar.com

Businesses can now identify online fraud in real-time using Amazon Fraud Detector

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07/30/2020

Wausau woman sentenced for stealing over $700,000 from Stevens Point company

SWAW

STEVENS POINT, Wis. (WSAW) - Kristin Lapree of Wausau will spend 8 years in prison for stealing over $700,000 from Rettler Corporation in Stevens Point.

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07/30/2020

SIM swap fraud: UAE bank told to reimburse customer’s life savings of Dh4.7 million

Gulf News

The case dates back to 2017 when the customer’s money was stolen from his account which the bank had then closed without his knowledge.

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07/28/2020

Business ID Theft Soars Amid COVID Closures

Krebs on Security

Identity thieves who specialize in running up unauthorized lines of credit in the names of small businesses are having a field day with all of the closures and economic uncertainty wrought by the COVID-19 pandemic, KrebsOnSecurity has learned.

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07/28/2020

This is what a deepfake voice clone applied in a unsuccessful fraud attempt seems like

Prudent Press Agency

Just one of the stranger applications of deepfakes — AI technological innovation employed to manipulate audiovisual content material — is the audio deepfake fraud.

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07/28/2020

Ransomware attacks jump as crooks target remote working

ZDNet

Ransomware attacks are getting bigger and bolder - at a time where many organisations don't have the resources to fight them off.

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07/28/2020

A deceptive credit card interest rate reduction offer

FTC

Monthly credit card bills can be a drag, especially when you’re feeling financially strapped.

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07/28/2020

Explore data to find scams near you

FTC

Scams happen everywhere: in every region, state, and community across the country, including your own. You might be wondering, “What kinds of scams are happening in my area?”

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07/26/2020

BadPower attack corrupts fast chargers to melt or set your device on fire

ZDNet

Attackers can alter the firmware of fast charger devices to deliver extra voltage and damage connected equipment.

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07/26/2020

Apple being sued for refusing to help iTunes gift card scam victims

9to5mac.com

Apple is being sued for allegedly refusing to help those who have fallen victim to a iTunes gift card scam. An 11-count class action lawsuit has been filed against the company.

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07/26/2020

Latest U.S. Regulation on Chinese Manufacturers Offers Little Clarity

SDM Magazine

Tensions between the U.S. and China continue to rise in the midst of the coronavirus pandemic, as the U.S. has issued a final rule revising the Federal Acquisition Regulation specifically to implement section 889(a)(1)(B), or “Part B.”

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07/26/2020

Protecting your remote workforce from application-based attacks like consent phishing

Microsoft Security

The global pandemic has dramatically shifted how people work. As a result, organizations around the world have scaled up cloud services to support collaboration and productivity from home.

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07/26/2020

Los Angeles-area man admits operating unlicensed ATM network that laundered millions of dollars of Bitcoin and cash for criminals' benefit

U.S. Immigration and Customs Enforcement

LOS ANGELES – An Orange County man has agreed to plead guilty to federal criminal charges that he operated an illegal virtual-currency money services business that exchanged up to $25 million – including on behalf of criminals – through in-person transactions and a network of Bitcoin ATM-type kiosks.

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07/26/2020

Everything You Need To Know About What Amazon Is Doing In Financial Services

CBInsights

From payments to lending to insurance to checking accounts, Amazon is attacking financial services from every angle without applying to be a conventional bank.

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07/26/2020

Hawaii's fraud prevention and resource guide available to the public

KTV4 Hawaii

The Department of the Attorney General has partnered with the Department of Commerce and Consumer Affairs, Office of the Securities Commissioner and Department of Health, Executive Office on Aging, Senior Medicare Patrol Program to provide Hawaii’s seniors, their caregivers, and others with information on how to keep safe from becoming a victim of fraud and scams.

Details >
07/26/2020

Chicago-area trio charged with running online romance fraud, other schemes

U.S. Immigration and Customs Enforcement

Two Nigerian nationals and a U.S. Citizen residing in the Chicago suburbs were charged last week for several cyber-enabled fraud conspiracies, an undercover federal law enforcement investigation revealed.

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07/26/2020

6 credit card scams and how to avoid them

Hawaii News

The tactics used to fight credit card scams are getting more sophisticated all the time. Unfortunately, so are the tactics used by credit card scammers.

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07/26/2020

Indianapolis check scam leader sentenced to 134 months

U.S. Department of Justice

Indianapolis – United States Attorney Josh J. Minkler announced today, Frank Powell a/k/a “Bread”, 29, Indianapolis, Ind., was sentenced to 134 months in federal prison for orchestrating a large-scale fraud ring, bank fraud, and aggravated identity theft.

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07/26/2020

FDIC Final Rule Revises and Codifies Policy to Allow Greater Employment Opportunities for Individuals with Certain Minor Criminal Offenses on Their Records

FDIC

The FDIC has approved a final rule to revise and incorporate into the agency’s regulations a longstanding Statement of Policy (SOP) related to individuals with certain criminal offenses on their records who seek employment in the banking industry.

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07/26/2020

New Report: How FIs Are Finding Fraudsters Wherever They May Hide

PYMNTS.com

Synthetic identity fraud is costing companies heavily, with $14.7 billion lost to this type of crime in 2018 alone.

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07/26/2020

DOJ Charges 4 Chinese Researchers With Visa Fraud

NPR

The Justice Department says four Chinese nationals doing research in the U.S. have been charged with visa fraud. Three of the defendants are in federal custody.

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07/26/2020

A Third of Internet Users Are Actively Targeted by COVID-19 Fraud

Security Boulevard

32% of consumers say they have been targeted by digital fraud related to COVID-19, with phishing emerging as the world’s top digital fraud scheme related to the pandemic, according to TransUnion, the US consumer credit reporting agency.

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07/26/2020

Banks face a unique coronavirus problem: Now everyone is wearing a mask

Seattle Times

Face masks are mandatory at Walmart, Target and a growing number of retailers. President Donald Trump, who long resisted being photographed in a mask, now encourages the public to wear them and said he carries one with him.

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07/26/2020

A man using a prosthetic mask stole more than $100,000 at casinos, prosecutors say

Erie News Now

A prosthetic mask, counterfeit driver's licenses, and personal information obtained on the internet. That's how federal authorities say a Michigan man allegedly managed to steal more than $100,000 from casino patrons in Michigan and Kansas.

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07/26/2020

What happens when someone steals your identity?

Tech Radar Pro

Understanding how identity theft works is the first step towards preventing it.

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07/26/2020

Friendly fraud: What is it and how can businesses help prevent it

Yahoo News

Friendly fraud is on the rise as online shopping gains more popularity - but what is it and how can you protect yourself?

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07/26/2020

Five essential tools and services to protect your identity

Tech Radar Pro

Prevent others from posing as you online with these tools and services

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07/23/2020

Twitter Hacking for Profit and the LoLs

Krebs on Security

The New York Times last week ran an interview with several young men who claimed to have had direct contact with those involved in last week’s epic hack against Twitter.

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07/23/2020

Roundcube XSS vulnerability opens the door to email account takeover

The Daily Swig

Roundcube is urging users to update their installations to resolve a security vulnerability that can be exploited to conduct stored, or persistent, cross-site scripting (XSS) attacks.

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07/23/2020

Roundcube XSS vulnerability opens the door to email account takeover

The Daily Swig

Roundcube is urging users to update their installations to resolve a security vulnerability that can be exploited to conduct stored, or persistent, cross-site scripting (XSS) attacks.

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07/23/2020

Barracuda research uncovers a specialized economy emerging around email account takeover

PR Newswire

New report looks at how scammers are getting access to email accounts, how they're using compromised accounts, and how businesses can protect against these attacks

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07/21/2020

Online Fraud Is Bad For Business And Customers

Forbes

Almost every brand with an online presence is impacted by e-commerce fraud.

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07/21/2020

True Cost of Fraud Study Finds 7.3% Increase for US Retailers

Loss Prevention Maqgazine

Study examines e-commerce and retail fraud trends before and during the COVID-19 pandemic

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07/21/2020

Minnesota man pleads guilty in $11M magazine fraud scheme

Star Tribune, Minneapolis, MN

A 51-year-old Fridley man who ran an $11 million telemarketing scheme that conned at least 13,000 people through phony magazine sales pleaded guilty Monday to mail fraud in a case that has grown national in scope.

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07/21/2020

'It's not fraud. It's domestic': Phone companies say victims responsible for money lost in romance scheme

KETV 7

OMAHA, Neb. — Two women who say they were scammed out of thousands of dollars by a man they met online and are calling on cellphone companies to help void their bills.

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07/21/2020

ATM vendor warns customers of black box attacks in Europe

Computing UK

In a new type of attack, criminals connect an external device to an ATM's internals and command it to spit out cash.

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07/21/2020

Fraud: Why Everything Old Is New Again

PYMNTS.com

Fraudsters aren’t usually static. They’re often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to get into systems where they aren’t supposed to be

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07/21/2020

Fraud: Why Everything Old Is New Again

PYMNTS.com

Fraudsters aren’t usually static. They’re often dynamic when on the hunt for new weaknesses to exploit, new targets to go after and new ways to get into systems where they aren’t supposed to be

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07/21/2020

Why Traditional Fraud Methods Failed To Stop Public-Payout Systems Fraud

PYMNTS.com

Some recently unemployed Americans who have attempted to file for jobless benefits are encountering a nasty shock: They’ve been robbed by canaries.

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07/20/2020

Keep calm and avoid Coronavirus scams

FTC

One thing we know about scammers is that they follow the headlines. So it’s not surprising that we’ve seen so many Coronavirus-related scams recently.

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07/20/2020

Hogan Administration Uncovers Massive Criminal Fraud Scheme, 47,500 Fraudulent Unemployment Claims Using Identity Theft Totaling Over $501 Million

Southern Maryland News Net

Governor Larry Hogan today announced that the State of Maryland has uncovered a massive and sophisticated criminal enterprise involving more than 47,500 fraudulent unemployment insurance claims in Maryland and totaling over $501 million.

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07/20/2020

3M Updates Ongoing Actions to Combat COVID-related Fraud

Yahoo Finance

3M has created resources to fight fraud, filed 18 lawsuits and removed thousands of deceptive websites and social media posts to stop pandemic profiteers.

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07/20/2020

IRS gets high marks for fraud and identity theft initiatives

The Business of Federal Technology

Current and former IRS officials sometimes grumble about the work of the Treasury Inspector General for Tax Administration, arguing that their reports and findings are overly harsh and often fail to take into account the tax agency’s historic funding and personnel limitations.

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07/20/2020

New Report: How Alipay Fends Off The Fraudsters

PYMNTS.com

Consumers and retailers have become more wary of handling physical cash during the COVID-19 pandemic, spurring some to turn to mobile payment apps instead as a safer, contactless alternative.

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07/20/2020

The many flavors of fraud

Blue Book Services

Fraud comes in many sizes, flavors, and colors.

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07/20/2020

FBI: Bank robbery suspect dead; 2 agents wounded in Arizona

WBNG.com

MESA, Ariz. (AP) — The FBI says two of its agents were shot and wounded at an apartment complex in a Phoenix suburb while executing a warrant for a serial bank robbery suspect who was found dead.

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07/17/2020

FTC Sends More Than $1 Million in Refunds to Victims of Labor Law Poster Scam

FTC

Through the joint efforts of the Federal Trade Commission, the Florida Office of the Attorney General, and the Texas Office of the Attorney General, the FTC is sending refunds totaling more than $1 million to business owners who were victims of a deceptive scheme that sold labor law posters.

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07/16/2020

Who’s Behind Wednesday’s Epic Twitter Hack?

Krebs on Security

Twitter was thrown into chaos on Wednesday after accounts for some of the world’s most recognizable public figures, executives and celebrities starting tweeting out links to bitcoin scams.

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07/16/2020

IRS unveils "Dirty Dozen" list of tax scams for 2020; Americans urged to be vigilant to these threats during the pandemic and its aftermath

IRS

. WASHINGTON — The Internal Revenue Service today announced its annual "Dirty Dozen" list of tax scams with a special emphasis on aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact Payments.

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07/16/2020

820% jump in e-gift card bot attacks since COVID-19 lockdowns began

TechRepublic

Cybercriminals have long used e-gift card scams to bilk millions out of unsuspecting victims, but the attacks are usually deployed around the holidays when people are rushing to load up on gifts for loved ones.

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07/16/2020

ICE HSI arrests Los Angeles man on charges of fraudulently obtaining luxury vehicles from victims who wanted out of their leases

ICE

A Baldwin Hills man is scheduled to be arraigned this afternoon on federal charges that allege he conned victims from across the nation into giving him their high-end and exotic vehicles with bogus promises he would find other people to take over their leases.

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07/16/2020

Enforcing Rules Have Violent Consequences For Private Security

Private Officer News

Police and sheriffs across the country have said no. Yet, private security officers have taken on the job and many say that has only led to violence.

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07/15/2020

BNY Mellon Works With Early Warning to Enable Real-Time Account Validation for Real-Time Payments

Digital Transactions

With real-time payments comes real-time risk, and now banks and their technology vendors are attacking the problem of how to make sure funds moving in the blink of an eye are flowing to the proper accounts.

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07/15/2020

How Criminals Are Pushing Fake Content Online to Test Stolen Cards

Digital Transactions

Online fraud has always been a big problem, but now with consumers purchasing more online in the face of the coronavirus pandemic, criminals are finding even greater opportunity for illicit gain.

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07/15/2020

‘Tens of Thousands of Dollars’ in Fraud for Operators That Don’t Upgrade Gas Pumps to EMV, a Report Estimates

Digital Transactions

When the big card networks this spring postponed until April 2021 the fraud-liability deadline for EMV chip cards at gas pumps, the retail fuel industry heaved a huge sigh of relief.

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07/15/2020

‘Wormable’ Flaw Leads July Microsoft Patches

Krebs on Security

Microsoft today released updates to plug a whopping 123 security holes in Windows and related software, including fixes for a critical, “wormable” flaw in Windows Server versions that Microsoft says is likely to be exploited soon.

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07/15/2020

Identity Checks during the Account Creation Process Are More Important Than You Think

PaymentsJournal

Identity checks during the account creation process are not simply a compliance exercise.

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07/15/2020

The Treasury Department is canceling stimulus checks to dead recipients

CNBC

The Treasury Department is canceling the stimulus payments it distributed to dead people, according to the IRS.

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07/15/2020

Protecting your small business, one video at a time

FTC

Small businesses like yours are important. They create jobs, support a competitive marketplace, and lift up local communities

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07/15/2020

Scammers impersonate the FTC, too

FTC

Scammers never seem to run out of new ways to try to take your money or steal your identity, especially in times of crisis like the one we’re living through now.

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07/15/2020

GEORGIA COUPLE ARRAIGNED ON MONEY LAUNDERING CHARGES IN SOCIAL SECURITY IMPOSTER SCAM INVESTIGATION

OIG

The Inspector General for the Social Security Administration, Gail S. Ennis, is announcing the arraignment of two individuals in a significant Social Security imposter telephone scam case.

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07/15/2020

Utility company calling? Don’t fall for it.

FTC

Every day, millions of people who have lost their jobs are making difficult choices about how to pay their bills.

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07/15/2020

SECRET SERVICE ANNOUNCES THE CREATION OF THE CYBER FRAUD TASK FORCE

US Secret Service

WASHINGTON - In recognition of the growing convergence of cyber and traditional financial crimes, the U.S. Secret Service is formally merging its Electronic Crimes Task Forces (ECTFs) and Financial Crimes Task Forces (FCTFs) into a single unified network, which will be known as the Cyber Fraud Task Forces (CFTFs). The CFTF is an evolution, not a revolution from the ECTF and FCTF model. The mission of the CFTF is to prevent, detect, and mitigate complex cyber-enabled financial crimes, with the ultimate goal of arresting and convicting the most harmful perpetrators.

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07/15/2020

Report: North Korea targets U.S. retailers for online fraud

Chain Storeage

Hackers sponsored by the government of North Korea are reportedly stealing payment card data from customers of U.S. e-commerce retailers.

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07/15/2020

Personal information of Minnesota law enforcement, critical infrastructure personnel published online after massive hack

Minnesota Refomer

A trove of Minnesota law enforcement data was published online after hackers broke into the servers of a vendor of the Minnesota Bureau of Criminal Apprehension and Hennepin County Sheriff’s Office.

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07/15/2020

Exclusive: Secret Trump order gives CIA more powers to launch cyberattacks

Yahoo Finance

The Central Intelligence Agency has conducted a series of covert cyber operations against Iran and other targets since winning a secret victory in 2018 when President Trump signed what amounts to a sweeping authorization for such activities, according to former U.S. officials with direct knowledge of the matter.

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07/14/2020

NJ man charged with stealing, altering US Treasury check

ICE

NEWARK, N.J. – A Middlesex County, New Jersey, man has been charged with bank fraud, theft and identity theft following a multiagency investigation, which included U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI).

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07/14/2020

Breached Data Indexer ‘Data Viper’ Hacked

Krebs on Security

Data Viper, a security startup that provides access to some 15 billion usernames, passwords and other information exposed in more than 8,000 website breaches, has itself been hacked and its user database posted online.

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07/14/2020

Bank Of England Chief Sees Bank-Backed Digital Currency On Horizon

PYMNTS.com

The Bank of England (BoE) continues to send bullish signals about the potential for bank-backed digital currency, but anyone hoping for a quick launch is likely to be disappointed.

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07/14/2020

Deep Dive into Synthetic Identity Fraud

Security Boulevard

The fraud landscape is evolving and, as the world becomes increasingly digital, so do the criminals. From petty schemes to high-class social engineering strategies, fraudsters cash out on billions each year.

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07/14/2020

PayThink Fraudsters aren't winning, but aren't going away either

PaymentsSource

Over the past few years, it seems that nearly every company has its own story of being a victim or target of payments fraud activity.

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07/13/2020

This Is What Your Good User and Bad User Traffic Looks like during a Pandemic

PaymentsJournal

With physical stores shuttered, events canceled, and tourism at a standstill, COVID-19 has reshaped many aspects of day-to-day life

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07/13/2020

New Report: Why FIs Are Taking A Behind-The-Scenes Approach To Fighting Fraud

PYMNTS.com

Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising 72 percent from 2018 to 2019.

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07/13/2020

Code Signing Certificate – Everything You need to Know

The Daily Sound

Computers are everywhere – cars, buses, trains, planes, etc. and if you look at IoT (Internet of Things), you will find them even in your most personal items, such as wearable devices.

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07/13/2020

CROSE: Updates on scams, both old and new

Crestview Bulletin

Summer is here, temperatures are hot and the criminals are working hard to steal money. It is unfortunate that the people who run scams never seem to quit.

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07/13/2020

Globe shares tips to keep passwords and accounts secure

Mailstandard.net

“It’s my 30th birthday.” “We’re celebrating our 10th anniversary today.” “Call me on 12345678,” “My address is..." “I love Blackie, my dog”. These statements might seem harmless but hackers are constantly on the lookout for any information posted online which can help them answer security questions and gain access to passwords.

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07/13/2020

How to protect your Verizon number from SIM swapping attacks

Bleeping Computer

Verizon now makes it possible for customers to defend against SIM swapping attacks by enabling the free Number Lock protection feature through the My Verizon app or the My Verizon website.

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07/13/2020

Vulnerability Found in Kasa Camera

Info Security

A hobby farmer on the hunt for a vegetable-eating critter has discovered a flaw in a popular outdoor home security camera.

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07/12/2020

Report: Billions of financial accounts at risk from stolen passwords

Wealth Professional

Latest research shows rise in the trade of usernames and passwords as criminals get more adept at stealing information

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07/12/2020

AARP state scams alerts: Door-to-Door scams

News 4 Reno

Warm weather brings with it door-to-door solicitations. Be cautious anytime a stranger comes knocking, especially if the visitor is trying to sell you goods or services.

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07/12/2020

Sheriff's Office: Spike in identity theft cases tied to fraudulent unemployment claims

News 4 Reno

RENO, Nev. (News 4 & Fox 11) — The Washoe County Sheriff’s Office is warning residents about a notable spike in identity theft cases tied to fraudulent unemployment claims.

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07/12/2020

The Number of Stolen Logins Circulating On Dark Web Increased by 300 Percent Since the Year 2018

Digital Information World

The latest report published by the Digital Shadows team reveals the true extent of stolen account login credentials circulating on the dark web amongst criminals.

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07/12/2020

Your personalized aspects are virtually surely for sale on the Dark Net now

Tech Gaming Report

More than 15 billion stolen on-line facts are for sale on the Dark World wide web right now, according to a surprising new report.

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07/08/2020

Pandemic Scammers Robbed US Consumers Of More Than $77M

PYMNTS.com

Americans have lost more than $77 million in COVID-19 fraud since the start of the year, according to the Federal Trade Commission (FTC).

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07/07/2020

New ACH Contact-Registry Rule Takes Effect With the Goal of Reducing Fraud and Exceptions

Digital Transactions

A new rule requiring all financial institutions in the automated clearing house network to participate in ACH governing body Nacha’s contact registry took effect Wednesday.

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07/07/2020

Activate your EIP Visa debit card now

FTC

Did you get an Economic Impact Payment VISA debit card in the mail from the U.S. Department of the Treasury? If you did, you might get a letter from Treasury this week, reminding you to activate your card.

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07/07/2020

West Monroe Man Sentenced for Bilking Nearly $2 Million from Online Customers

U.S. Department of Justice

MONROE, La. – United States Attorney David C. Joseph announced that a West Monroe man was sentenced in federal court yesterday for his role in a scheme that bilked eBay customers out of nearly $2 million.

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07/07/2020

Cybersecurity experts warn about an increase in tax scams ahead of July 15 filing deadline

FOX 43

People have been given three extra months to file their taxes. Hackers have been given a larger window to scam those who are most vulnerable.

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07/07/2020

Fed shares insight on how to combat synthetic identity fraud

We Live Security

The Federal Reserve looks at ways to counter what is thought to be the fastest-growing type of financial crime in the country

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07/07/2020

FBI warns of fake antibody testing for coronavirus, scheme to get your info

KUTV

SALT LAKE CITY (KUTV) — The FBI issued a warning about fake coronavirus antibody tests, saying scammers are looking to steal your private information while putting lives at risk.

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07/07/2020

New check fraud scheme makes victims think they’ve won big

WPRI

PROVIDENCE, R.I. (WPRI) ─ Nearly one week ago, David Hammond received a letter in the mail that claimed he’d won $250,000 from the North America Consumer Promotion Draw.

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07/07/2020

Sioux Falls Man Sentenced for Wire Fraud and Money Laundering

US Department of Justice

United States Attorney Ron Parsons announced that a Sioux Falls, South Dakota, man convicted of Wire Fraud and Money Laundering was sentenced on July 6, 2020, by U.S. District Judge Karen E. Schreier.

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07/05/2020

Steer clear of work-at-home scams

FTC

As the Coronavirus continues to spread, you may be looking for ways to make money without ever stepping foot outside your door.

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07/05/2020

The urgency to defeat ACH transfer fraud (VB Live)

Venture Beat

As ACH transfers have increased, accelerated by the pandemic, so has ACH fraud.

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07/05/2020

Has There Been $1 Billion in PPP Fraud?

Enterpreneur

A recent watchdog report found "significant risk" for fraud in the PPP. We spoke to a risk-management expert who identified the scope of the problem, and how to zero in on the seasoned fraudsters.

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07/05/2020

Money Laundering Enforcement Thrives In COVID-19 Era

Law 360

While COVID-19 has made remote working a necessity for many government employees, it does not appear that COVID-19 has done anything to slow down government enforcement regarding money laundering

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07/05/2020

How The Pandemic Makes 90-Day Customer Histories A Fraud-Fighting Weakness

PYMNTS.com

Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit stores in-person.

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07/05/2020

Vulnerability in some popular bitcoin wallets can be exploited to commit fraud

SiliconAngle

A newly discovered vulnerability in some popular bitcoin wallets can be exploited by scammers to commit fraud and even make the wallets themselves unusable.

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07/05/2020

E-Verify’s “SSN Lock” is Nothing of the Sort

Krebs on Security

One of the most-read advice columns on this site is a 2018 piece called “Plant Your Flag, Mark Your Territory,” which tried to impress upon readers the importance of creating accounts at websites like those at the Social Security Administration, the IRS and others before crooks do it for you.

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07/05/2020

5 warning signs you're being targeted by an identity thief

komando.com

Identity theft is scary for good reason: It’s hard to prove, tough to spot and can be devastating. And in many cases, you don’t realize anything is wrong until the damage has been done.

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07/05/2020

BUSTED! Robbery Trio’s Missteps Led FBI Investigators to Arrests After Bank Heist With Movie-Worthy Plot Twist

Space Coast Daily

Three roommates planned out a profitable bank heist with a movie-worthy plot twist. Unfortunately for the criminals, the story’s ending was written by FBI agents and San Diego Police Department detectives.

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07/02/2020

Scams in online sales: when orders don’t arrive

FTC

When local stores ran out of the supplies we needed to manage COVID-19, many of us turned to online sources.

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07/02/2020

What Facial Recognition Technology Can Do for Safety Right Now—And What It Can’t Do Yet

CPO Magazine

Everyone’s looking for ways to stay safer now, and many are looking to technology for help.

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07/02/2020

Response to COVID-19 Compels Some Consumers to Seek New Banking Relationships, According to New Survey Conducted by The Harris Poll on Behalf of ID Insight

Daily Journal

Financial institutions landed right in the middle of the pack in a comparison of how five providers of goods and services responded to changing conditions brought on by the COVID-19 pandemic, according to a new online survey of over 2,000 US adults conducted by The Harris Poll on behalf of ID Insight.

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07/02/2020

Ransomware Gangs Don’t Need PR Help

Krebs on Security

We’ve seen an ugly trend recently of tech news stories and cybersecurity firms trumpeting claims of ransomware attacks on companies large and small, apparently based on little more than the say-so of the ransomware gangs themselves.

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06/30/2020

FBI Warns of Potential Fraud in Antibody Testing for COVID-19

FBI

The Federal Bureau of Investigation is warning the public about potential fraud schemes related to antibody tests for COVID-19.

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06/30/2020

Abnormal Security Data Reveals 200 Percent Monthly Increase in Invoice and Payment Fraud Business Email Compromise Attacks

Business Wire

Cloud Email Security Company Observes a Sharp Rise in These Attacks from April to May 2020, Continuing a Steady Increase This Year

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06/30/2020

How to Prevent Fraud in a Changing Commerce Landscape

PaymentsJournal

A company’s ability to identify and prevent fraud has always been critical.

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06/30/2020

COVID-19 ‘Breach Bubble’ Waiting to Pop?

Krebs on Security

The COVID-19 pandemic has made it harder for banks to trace the source of payment card data stolen from smaller, hacked online merchants.

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06/30/2020

COVID mask exemption cards are not from the government

FTC

To help limit the spread of the Coronavirus, many states are requiring people to wear face coverings in places open to the public.

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06/30/2020

Fake emails about fake money from a fake COVID-19 fund

FTC

Because of COVID-19, unemployment rates are high and many people’s cash flows are low. Scammers view these as ripe conditions to strike.

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06/30/2020

Russian national pleads guilty for role in transnational cybercrime organization responsible for more than $568 million in losses

U.S. Immigration and Customs Enforcement

Cybercrime organization victimized millions in all 50 states and worldwide in one of the largest cyberfraud enterprises ever prosecuted by the Department of Justice

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06/30/2020

Los Angeles-area man pleads guilty to bank fraud for role in credit card 'bust-out' scheme used to buy cemetery plots, luxury cars

U.S. Immigration and Customs Enforcement

LOS ANGELES – A Glendale man pleaded guilty today to federal criminal charges that he led a series of scams, including “bust-out” schemes where he and others fraudulently charged millions of dollars to credit cards sometimes opened with “synthetic identities” and later used them to buy luxury cars and cemetery plots that he sold for profit.

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06/28/2020

New Charges, Sentencing in Satori IoT Botnet Conspiracy

Krebs on Security

The U.S. Justice Department today charged a Canadian and a Northern Ireland man for allegedly conspiring to build botnets that enslaved hundreds of thousands of routers and other Internet of Things (IoT) devices for use in large-scale distributed denial-of-service (DDoS) attacks.

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06/28/2020

Biggest-ever packets-per-second DDoS attack hits large European bank

The Cyber-Security Source

A large European bank suffered a huge DDoS attack earlier this week, according to a new report by Akamai. The attack was massive and quick.

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06/28/2020

Russian Cybercrime Boss Burkov Gets 9 Years

Krebs on Security

A well-connected Russian hacker once described as “an asset of supreme importance” to Moscow was sentenced on Friday to nine years in a U.S. prison after pleading guilty to running a site that sold stolen payment card data, and to administering a highly secretive crime forum that counted among its members some of the most elite Russian cybercrooks.

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06/28/2020

$16M in Hawaii unemployment benefits possibly lost to fraud

Star Advertiser

Nearly $16 million in Pandemic Unemployment Assistance benefits in Hawaii may have been lost to fraud and identity theft, the state Department of Labor and Industrial Relations reported today.

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06/28/2020

FRPA Supports our Law Enforcement Officers

Linkedin

Officer Vinnie Montez speaks up.

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06/28/2020

FRPA Supports our Law Enforcement Officers

Linkedin

Officer Vinnie Montez speaks up.

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06/28/2020

Assistant Manager at Fresno County Retail Store Arrested for $100,000 in Credit Card Fraud

US Department of Justice

FRESNO, Calif. — On March 12, a federal grand jury brought a five-count indictment against an assistant manager of a Fresno-area retail store, charging her with bank fraud and use of unauthorized credit cards, U.S. Attorney McGregor W. Scott announced.

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06/28/2020

Cryptocurrency blackmail scam alert

FTC

The email suddenly appears in your inbox. Someone is writing to say that they have access to your cell phone or your computer

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06/25/2020

FTC, SBA warn companies about SBA loan promises

FTC

The latest recipients of government warning letters are six companies that said they could speed U.S. Small Business Administration (SBA) loans for businesses struggling to stay afloat during the COVID-19 pandemic.

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06/25/2020

Help COVID-19 contact tracers, not scammers

FTC

After nearly three months of stay-at-home orders, America is starting to open up again.

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06/24/2020

The Federal Reserve has introduced the FraudClassier model.

Federal Reserve Banks

The Federal Reserve has introduced the FraudClassifierSM model, which can enable all payments stakeholders to classify fraud in a simple and similar manner.

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06/24/2020

The IRS won't call about your stimulus money

FTC

Most people have already gotten their economic stimulus payments, but the Internal Revenue Service is still sending them out

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06/24/2020

Dozens report identity theft related to unemployment benefits

KEYC News

.MANKATO, Minn. (KEYC) - A statewide investigation now underway after dozens of people fall victim to identity theft related to unemployment benefits. Mankato Public-Safety has already received more than 30 of these complaints since May 29.

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06/24/2020

SIM Swap - The Silent Hacker

Info Security

Mobile phone operators' infrastructures are coming under attack due to the 'fake news' that the new 5G networks, using Chinese technology, are the cause of the COVID-19 outbreak. As a result, over 126 masts have been burnt in recent weeks.

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06/24/2020

Imperva Research Labs Reveals Abnormal Increase in DDoS Attack Length, Despite Popularity of Short Term Attacks

Globe News Wire

May 2020 Cyber Threat Index also finds ATO attacks primarily targeted loyalty card programs and streaming services

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06/23/2020

Visa Introduces Advanced Identity Score to Help Financial Institutions Prevent New Account Fraud

The Baytown Sun

Visa Inc. (NYSE: V) today announced a digital tool to help U.S. financial institutions with their efforts to combat new account fraud – estimated at $10 billion a year – and give consumers greater peace of mind.

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06/23/2020

Wells Fargo customers targeted with phishing attacks using calendar invites

American Banker

Employees of large corporations are being targeted with phishing emails that impersonate the Wells Fargo security team and use innocent-looking calendar invitations as clickbait.

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06/22/2020

Turn on MFA Before Crooks Do It For You

Krebs on Security

Hundreds of popular websites now offer some form of multi-factor authentication (MFA), which can help users safeguard access to accounts when their password is breached or stolen.

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06/22/2020

There's been a huge spike in online shopping. Now scammers are cashing in, too

ZDNet

Over £16 million has been lost to online shopping fraudsters and scams in the three months since the UK started lockdown as people became reliant on buying things via the internet – and criminals have taken advantage.

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06/22/2020

Stimulus Checks: IRS Warns Against Medicare and Medicaid Scams

Pop Culture

The IRS has seen a rise in the number of scams and fraud related to US citizens' coronavirus stimulus money.

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06/22/2020

‘BlueLeaks’ Exposes Files from Hundreds of Police Departments

Krebs on Security

Hundreds of thousands of potentially sensitive files from police departments across the United States were leaked online last week.

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06/19/2020

FEMA IT Specialist Charged in ID Theft, Tax Refund Fraud Conspiracy

Krebs on Security

An information technology specialist at the Federal Emergency Management Agency (FEMA) was arrested this week on suspicion of hacking into the human resource databases of University of Pittsburgh Medical Center (UPMC) in 2014, stealing personal data on more than 65,000 UPMC employees, and selling the data on the dark web.

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06/18/2020

Extended Tax Season in the US Spurs Additional Concerns for Identity Theft and Tax-Related Fraud

Security Boulevard

Fraudsters often stay ahead of the game, using every trick in the book to catch citizens off guard and steal millions of dollars in hard-earned money, and personal information each year.

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06/18/2020

Abnormal Security Issues Quarterly Business Email Compromise (BEC) Report for Q1 2020

Yahoo Finance

Abnormal Security, a leader in protecting large enterprises from Business Email Compromise (BEC) attacks, today released the Abnormal Security Quarterly BEC Report for Q1 2020.

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06/18/2020

Many Mobile Banking Apps Have Exploitable 'Coding Errors'

Gov Info Security

Vulnerabilities in a number of mobile banking applications make them susceptible to hacking and customer account data theft, according to the security firm Positive Technologies.

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06/18/2020

How Credential Stuffing Is Evolving

Information Security Buzz

Credential stuffing sounds simple: attackers test stolen usernames and passwords across sites to see what works.

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06/18/2020

When Security Takes a Backseat to Productivity

Krebs on Security

“We must care as much about securing our systems as we care about running them if we are to make the necessary revolutionary change.” -CIA’s Wikileaks Task Force.

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06/16/2020

Edler Fraud

FBI

June 15 is World Elder Abuse Awareness Day, which is dedicated to raising awareness about the millions of older adults who experience elder abuse, neglect, and financial exploitation. The FBI works throughout the year to educate seniors and their loved ones on elder fraud scams and prevention.

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06/15/2020

Mysterious checks appearing in mailboxes, possible scam targeting the unemployed

NBC 2

A mysterious check has been showing up in people's mailboxes in a priority envelope, and cashing it could prove to be costly.

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06/15/2020

Privnotes.com Is Phishing Bitcoin from Users of Private Messaging Service Privnote.com

Krebs on Security

For the past year, a site called Privnotes.com has been impersonating Privnote.com, a legitimate, free service that offers private, encrypted messages which self-destruct automatically after they are read.

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06/15/2020

Kohl’s must give records to identity theft victims

FTC

Imagine a thief used your information to buy things at Kohl’s – or used your Kohl’s credit card to go on a shopping spree.

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06/15/2020

What do COVID-19 scams look like in your state?

FTC

We’ve been telling you about the scams related to COVID-19. But now we can tell you even more about the scams happening in your neck of the woods.

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06/12/2020

FBI Warns Of Increasing Use of Trojans in Banking Apps

Bank Info Security

The FBI is warning that cybercriminals and fraudsters are increasingly targeting mobile banking apps with malware in order to steal credentials and conduct account takeover attacks.

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06/12/2020

Imperva Takes on its Largest Recorded Account Takeover Attack on a Single Company

Security Boulevard

Imperva recently detected and mitigated the largest – and most concentrated – series of brute force ATO (account takeover) attacks in its history.

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06/11/2020

Kohl's sued for failing to provide records to identity theft victims

Milwaukee Journal Sentinel

Kohl's Corp. for more than two years failed to adequately provide records to victims of identity theft, according to a lawsuit filed Monday.

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06/11/2020

$126 Million in Potential Fraud in Small-Business Loan Program Identified by Authorities

Newsweek

The Paycheck Protection Program (PPP), the government loan initiative set up by lawmakers to save businesses amid the economic fallout of the coronavirus pandemic, has been a direct target of potential fraud to the tune of $126 million.

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06/11/2020

Microsoft Patch Tuesday, June 2020 Edition

Krebs on Security

Microsoft today released software patches to plug at least 129 security holes in its Windows operating systems and supported software, by some accounts a record number of fixes in one go for the software giant.

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06/11/2020

Nintendo Breach: Now 300,000 Accounts Affected

Info Security

Nintendo has added another 140,000 accounts to those it claimed were compromised by hackers from April this year, bringing the total to 300,000.

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06/11/2020

The Threat of Compromised Passwords

Security Boulevard

Over time passwords have become a ubiquitous part of our digital activities. They’re something we expect to create and manage for all of our accounts, and yet with all of our online accounts, having unique passwords can be difficult.

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06/10/2020

New coronavirus scam: How to spot bogus contact tracing texts, emails and calls

Morning Call

Don’t panic if you get a phone call, text message or email from someone who says they’re a public health official warning that you may have been exposed to the coronavirus. It may be a scam.

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06/09/2020

Rogue Payment Processor that Helped Perpetuate Multiple Scams Is Banned from the Payment Processing Business Under FTC Settlement

FTC

A rogue payment processor and its owners agreed to be permanently banned from payment processing in order to settle charges by the Federal Trade Commission and the State of Ohio that they unlawfully processed payments for multiple scam operations.

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06/09/2020

Voice-Enabled Fraud Could Be The Next Big Opportunity For Criminals

Forbes

Voice-enabled technology is becoming more prevalent in consumers’ lives, another way of talking to our smart devices – from our phones to our televisions and even refrigerators.

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06/09/2020

Florence, Ala. Hit By Ransomware 12 Days After Being Alerted by KrebsOnSecurity

Krebs on Security

In late May, KrebsOnSecurity alerted numerous officials in Florence, Ala. that their information technology systems had been infiltrated by hackers who specialize in deploying ransomware.

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06/08/2020

Another Epidemic to Worry About: Identity Theft

Kiplinger

Identity thieves are increasingly using stolen information to hijack their victims’ accounts, a costly type of fraud that’s expected to increase as the COVID-19 pandemic forces more Americans to work and shop online.

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06/08/2020

Consumer First Alert: Nationwide unemployment scam

2 First Alert

GREEN BAY, Wis. (WBAY) - Action 2 News has learned people in Wisconsin could be victims of a massive nationwide unemployment scam.The coronavirus pandemic has resulted in record unemployment claims.

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06/08/2020

How to transfer money from your EIP debit card to your bank account

FTC

Recently, we wrote about the Economic Impact Payment debit cards some of you are getting. But we’ve heard that some people have had trouble getting money off the card and into your bank account, without visiting an ATM.

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06/08/2020

IRS warns against COVID-19 fraud; other financial schemes

IRS

WASHINGTON — The Internal Revenue Service today reminded taxpayers to guard against tax fraud and other related financial scams related to COVID-19.

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06/05/2020

How To Capture The Rising eCommerce Tide And Simultaneously Stem A Tidal Wave Of Fraud

PYMNTS.com

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic.

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06/05/2020

The EU’s COVID-19 Contactless Limit — Too Little, Too Late?

PYMNTS.com

Financial institutions (FIs) in the European Union (EU) and the United Kingdom are still thinking positively about open banking even as the COVID-19 pandemic creates obstacles.

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06/04/2020

More FTC warnings about scam Coronavirus treatments

FTC

The FTC continues to seek out and warn sellers who peddle so-called Coronavirus treatments with no proof they work.

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06/03/2020

Scammers target Google Docs and Microsoft Sway to steal user credentials

Technuter

Barracuda Networks, the trusted partner and leading provider for cloud-enabled security solutions, highlights the threat landscape in the month of May 2020.

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06/03/2020

New COVID-19 Spear-Phishing, Spoofing Attacks Mimic Google, WHO

Health IT Security

Barracuda detected a new impersonation attack, where hackers spoof Google-branded sites in spear-phishing campaigns. Meanwhile, Google details spoofing campaigns mimicking WHO.

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06/03/2020

People are mistaking stimulus payments for junk mail or a scam

The Washington Post

The IRS has to explain, yet again, a glitch in issuing stimulus payments.

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06/03/2020

REvil Ransomware Gang Starts Auctioning Victim Data

Krebs on Security

The criminal group behind the REvil ransomware enterprise has begun auctioning off sensitive data stolen from companies hit by its malicious software.

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06/03/2020

Coronavirus mask rules could spur spike in bank robberies: regulator

NY Post

The coronavirus crisis could make America’s banks easy targets for bandits, a federal regulator warns.

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06/03/2020

Romanian Skimmer Gang in Mexico Outed by KrebsOnSecurity Stole $1.2 Billion

Krebs on Security

An exhaustive inquiry published today by a consortium of investigative journalists says a three-part series KrebsOnSecurity published in 2015 on a Romanian ATM skimming gang operating in Mexico’s top tourist destinations disrupted their highly profitable business, which raked in an estimated $1.2 billion and enjoyed the protection of top Mexican authorities.

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06/03/2020

Identity Theft, Fraud Exploding in 2020

Security Boulevard

Identity theft and fraud are on the rise, increasing the costs to both consumers and the businesses they deal with, according to a recent study from Javelin Strategy & Research, which showed that losses related to identity fraud have increased some 15%.

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06/03/2020

Here’s how far hackers are willing to go to steal your stimulus check

CNBC

During the first quarter, data security company Bolster found more than 145,000 suspicious domain registrations with the term “stimulus check” in them.

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06/03/2020

How PayPal’s Case Against the CFPB Could Spawn ‘Uncomfortable’ Results for Payments Players

Digital Transactions

It was easy to lose track of it in the midst of all the impacts of the novel coronavirus, but a crucial federal lawsuit filed six months ago still hangs over the payments industry, carrying far-reaching implications for nearly all players.

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06/03/2020

Is a scammer getting unemployment benefits in your name?

FTC

In a large-scale scam erupting in the midst of the Coronavirus pandemic, imposters are filing claims for unemployment benefits, using the names and personal information of people who have not filed claims.

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06/02/2020

Statement from FBI Minneapolis—Seeking Public Help

FBI

New Website for Providing Pictures and Videos of Acts of Violence Now Online

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06/02/2020

People who turned to Upwork to find freelance gigs say they've lost thousands of dollars to scams

NBC News

An elaborate and updated version of a classic check scam that has found renewed life on freelancing platforms.

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06/01/2020

Bank of America data breach – was your info exposed?

KimKomando

Of all the institutions that could be hit by a data breach, a bank is undoubtedly one of the worst.

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06/01/2020

What to know about the Economic Impact Payment debit cards

FTC

If you’re still waiting for your Economic Impact Payments, you might be getting a debit card instead of a check in the mail.

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06/01/2020

How to avoid COVID-19 government imposter scams

FTC

Many of us are paying close attention to the guidance from federal, state, and local governments during this COVID-19 health emergency.

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06/01/2020

Coronavirus Advice for Consumers

FTC

Links for consumers for Coronavirus Advice.

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05/28/2020

S&T REPORTS POTENTIAL LOSSES OF MILLIONS IN CHECK KITING SCHEME

WCCS Radio

Indiana-based S&T Bancorp and its subsidiary, S&T Bank, have filed formal notice with the U.S. Securities and Exchange Commission in which the bank says it may have been victimized by a business customer, with losses that could total tens of millions of dollars.

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05/28/2020

How the Abrupt Shift to Remote Work Could Start a Wave of Account Takeover Fraud

TechZone 360

Lockdowns and stay-at-home orders around the world have forced businesses to rapidly move to remote work arrangements for safety.

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05/28/2020

New phishing campaign bypasses multi-factor authentication

SC Media

Security researchers have found a new phishing campaign that gives hackers access to user data without a password.

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05/28/2020

Verizon report analysis: Money not espionage at the heart of cyber-crime breaches

SC Media

Financial gain remains the key motivation for cybercrime despite extensive media coverage of espionage, accounting for 86 percent of breaches investigated in the Verizon Business 2020 Data Breach Investigations Report (DBIR).

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05/27/2020

COVID-19 scams targeting college students

FTC

Hey college students: even though you’re likely far from campus, scammers are still trying to find you.

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05/27/2020

Report: ATM Skimmer Gang Had Protection from Mexican Attorney General’s Office

Krebs on Security

A group of Romanians operating an ATM company in Mexico and suspected of bribing technicians to install sophisticated Bluetooth-based skimmers in cash machines throughout several top Mexican tourist destinations have enjoyed legal protection from a top anti-corruption official in the Mexican attorney general’s office, according to a new complaint filed with the government’s internal affairs division.

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05/27/2020

Home Chef Serves Up Data Breach for 8 Million Records

Da Loop

The hacking group ShinyHunters has hit a popular mail-order meal kit company, Home Chef. Home Chef’s customer records were leaked as a result of the breach, according to a notice posted on the company’s website stating that customer information including email addresses, names, phone numbers, encrypted passwords, and four digits of credit card numbers was exposed.

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05/26/2020

Hollywood Film Producer Charged with $1.7 Million COVID-Relief Fraud

FDIC COIG.Gov

A California man has been charged with allegedly filing bank loan applications fraudulently seeking more than $1.7 million dollars in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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05/26/2020

Should Apple and other stores require shopper temperature checks?

Retail Wire

A number of retailers have begun checking the temperatures of employees before shifts. Apple last week, however, became the first major retailer to require customers to have their temperature checked before entry.

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05/26/2020

Nigerian citizen sentenced 4.5 years in fraud scheme bilking the elderly

U.S. Immigration and Customs Enforcement

MADISON, Wis. — A Nigerian citizen was sentenced Wednesday to 54 months in federal prison after pleading guilty for money laundering in connection with a wire-fraud scheme that swindled victims out of more than $600,000.

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05/26/2020

Military Data Spotlight: Identity theft and servicemembers

FTC

Every year, thousands of servicemembers report to us about their consumer experiences. Those reports are the focus of the FTC’s Data Spotlight, Identity theft causing outsized harm to our troops.

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05/26/2020

Ukraine Nabs Suspect in 773M Password ‘Megabreach’

Krebs on Security

In January 2019, dozens of media outlets raised the alarm about a new “megabreach” involving the release of some 773 million stolen usernames and passwords that was breathlessly labeled “the largest collection of stolen data in history.”

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05/26/2020

Why Fraudsters Like ‘Delivery Attacks,’ And Why AI and ML Alone Won’t Stop Them

PYMNTS.com

The pandemic — and specifically, the lockdowns resulting from it — has spurred criminals to shift their cyber fraud schemes to exploit new avenues of attack.

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05/26/2020

Fighting CNP Fraud With ‘Data Collaboration’

PYMNTS.com

There’s nothing new under the sun, goes the saying — but when it comes to payments fraud, there are new ways to do it.

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05/26/2020

Riding the State Unemployment Fraud ‘Wave’

Krebs on Security

When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share.

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05/22/2020

U.S. Secret Service: “Massive Fraud” Against State Unemployment Insurance Programs

Krebs on Security

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.

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05/22/2020

This Service Helps Malware Authors Fix Flaws in their Code

Krebs on Security

Almost daily now there is news about flaws in commercial software that lead to computers getting hacked and seeded with malware.

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05/22/2020

Why your phone is suddenly bombarded with scam calls, how to stop it

Fox 25

OKLAHOMA CITY (KOKH) — Our phones are ringing and now more than before the coronavirus pandemic, it can be a robocall or scam.

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05/21/2020

How Human-like Bots perform online fraud

eletimes.com

2019 saw login pages as prime targets for fraudsters across different verticals.

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05/21/2020

I agree Account Takeover Attacks Are an Enormous Vulnerability for Which Many Merchants Are Unprepared

Business Wire

Riskified Survey Shows Merchants Endanger Their Revenue and Reputation but Have Done Little to Protect Themselves or Their Customers

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05/21/2020

I agree Account Takeover Attacks Are an Enormous Vulnerability for Which Many Merchants Are Unprepared

Business Wire

Riskified Survey Shows Merchants Endanger Their Revenue and Reputation but Have Done Little to Protect Themselves or Their Customers

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05/21/2020

Cybersecurity Lessons From the COVID-19 Pandemic

AME Info

The real world is fragile. It is unnerving, to say the least, to see how a virus can cause such massive disruptions across the globe.

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05/21/2020

ye on Fraud: Fiserv Targets Debit Card False Declines; More Mobile Payments Mean More Fingerprint Sensors

Digital Transactions

Debit card issuers have a new tool to spot potential false transaction declines with a new service from processor Fiserv Inc., and the authentication needs of mobile payments are driving, in part, the growth in fingerprint sensors.

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05/20/2020

Los Angeles-area real estate agent pleads guilty to coordinating multi-million-dollar scheme that funded marijuana grow houses

ICE

LOS ANGELES – A Chino real estate agent pleaded guilty today to a federal criminal charge for coordinating a scheme that used millions of dollars to purchase nine residential homes in San Bernardino County that were then converted into illegal marijuana grow houses.

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05/20/2020

A Nigerian crime ring siphoned millions of dollars from US unemployment programs amid COVID-19 shutdowns, officials say

Business Insider

As states struggle with an unprecedented flood of jobless claims amid the COVID-19 pandemic, cyber criminals are targeting unemployment insurance sites with fraudulent claims in order to illegally siphon money, according to the US Secret Service.

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05/20/2020

How COVID-19 Is Infecting the Payment Fraud Landscape

Banking Exchange

Fraudsters have significantly expanded phishing campaigns to include COVID-19 messaging

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05/20/2020

Identity Fraud Losses Increase 15 Percent as Consumer Out-of-Pocket Costs More Than Double, According to 2020 Identity Fraud Report From Javelin Strategy & Research

Yahoo Finance

The 2020 Identity Fraud Report, released by Javelin Strategy & Research, reveals financial institutions’ methods to identify and respond to fraud are no match for criminals’ high-tech schemes to hijack consumer accounts

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05/20/2020

FTC warns some facilities forcing Medicaid recipients to sign over checks

Fox 25

OKLAHOMA CITY (KOKH) — A warning from the government about nursing homes and assisted living facilities taking stimulus checks from some patients.

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05/20/2020

Prisons Worldwide Seek Ways to Ease the Coronavirus Crisis

inhomelandsecurity.com

Prisons and jails around the world are facing a growing threat due to the coronavirus crisis. Social distancing is often not possible within prison walls especially as many prisons exceed their inmate capacities. As a result, the spread of the coronavirus is a major threat among this vulnerable population.

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05/19/2020

Worldwide Payment Processor and Payments Industry Executive to Pay $40.2 Million to Settle FTC Charges of Assisting Fraudulent Schemes and Credit Card Laundering

FTC

One of the biggest payment processing companies and its former executive will pay more than $40.2 million to settle Federal Trade Commission charges they knowingly processed payments and laundered, or assisted laundering of, credit card transactions for scams that targeted hundreds of thousands of consumers.

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05/19/2020

WHAT DEFENSES ARE THERE TO CHARGES OF FRAUD IN CONNECTION WITH THE PPP PROGRAM

Yahoo Finance

Dallas, TX , May 17, 2020 (GLOBE NEWSWIRE) -- The Paycheck Protection Program (“PPP”) is part of the Coronavirus Aid, Relief, and Economic Security Act (“CARES”). It is designed to help small businesses continue pay employees despite the massive economic disruption from the novel Coronavirus that causes COVID-19.

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05/19/2020

IRS Issuing Stimulus Checks Via Prepaid Debit Cards—Yours Could Arrive This Week

Forbes

The CARES Act provided a $1,200 Economic Impact Payment, commonly referred to as a stimulus payment or stimulus check.

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05/19/2020

Econsumer.gov: International scam fighter

FTC

No; this isn’t an action movie. But new enhancements to econsumer.gov — and a new interactive international dashboard for Consumer Sentinel reports — give the FTC, other government agencies, and people across the globe scam-fighting powers that rival those of an action hero.

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05/19/2020

Did a nursing home or assisted living facility take your stimulus check?

FTC

Do you or a loved one live in a nursing home or assisted living facility? Are you (or they) on Medicaid?

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05/19/2020

Credit reports are now free, every week

FTC

If you’re feeling anxious about your financial health during these uncertain times, you’re not alone.

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05/19/2020

COVID-19 contact tracing text message scams

FTC

You’ve probably been hearing a lot about contact tracing. It’s the process of identifying people who have come in contact with someone who has tested positive for COVID-19, instructing them to quarantine and monitoring their symptoms daily.

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05/18/2020

Ransomware Gang Demands $42 Million From Celebrity Law Firm

BankInfo Security

The operators of the REvil ransomware strain are attempting to ratchet up the pressure on a high-profile New York law firm to pay a $42 million ransom, threatening to release more data on the firm's roster of celebrity clients, according to multiple reports and security experts.

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05/18/2020

The Rising Threat of Business Email Compromise

Security Boulevard

State and city governments are in cybercriminal crosshairs because they tick a lot of boxes.

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05/18/2020

Kelvin Collins: Venmo scam sends you money ‘by accident’

The Augusta Chronicle

If someone sends you money out of the blue, it’s probably an honest mistake, right? Not necessarily.

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05/18/2020

As COVID-19 unemployment grows, data hacks may be fueling fraud scheme, report says

TechZimo

As jobless Americans look for relief during the coronavirus pandemic, the US Secret Service suspects an overseas fraud ring is using hacked data to steal identities and make off with millions of dollars earmarked for unemployment benefits.

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05/14/2020

Business Identity Theft is Real – Is Your Company Protected?

WHNT 19

Running a business has so many moving components; it can be hard to keep track of everything.

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05/14/2020

Five Things Fueling Account Takeover

BioCatch

The role of digital services in our lives has never proven more pivotal than it has in recent months. From banking and shopping to how we work and how our children learn, the most routine of activities we do every day has been completely upended.

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05/13/2020

Ransomware Attack Forces Texas Court Servers Offline

Government Technology

System administrators discovered Friday that hackers had taken over a portion of the statewide court network and were demanding ransom before control of the system was restored. This is not the first such attack.

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05/13/2020

COVID-19 Phishing Update: Scammers Impersonating Financial Institutions on Instagram

Security Boulevard

Threat actors are using the novel coronavirus to impersonate accounts on social media. The example below targets members of a credit union.

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05/13/2020

6 ways attackers are exploiting the COVID-19 crisis

Cybercriminals are taking advantage of the coronavirus crisis to spread malware, disrupt operations, sow doubt and make a quick buck.

While organizations can take plenty of steps to ensure employees are well-equipped to work remotely in a secure manner, threat actors of all stripes are already taking advantage of the COVID19/coronavirus situation.

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05/13/2020

Microsoft Patch Tuesday, May 2020 Edition

Krebs on Security

Microsoft today issued software updates to plug at least 111 security holes in Windows and Windows-based programs.

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05/13/2020

BBB Warns of Top 10 Scams Targeting Small Businesses

golocalprov.com

The Better Business Bureau is warning scams can impact every business, regardless of location, size, or industry

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05/13/2020

IC3 Marks 20 Years

FBI

From Early Frauds to Sophisticated Schemes, IC3 Has Tracked the Evolution of Online Crime

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05/12/2020

What Lenders Are Learning About Emerging PPP Loan Fraud

PYMNTS.com

In the mad dash to secure Paycheck Protection Program (PPP) funds, small businesses have faced confusion, anxiety and often a lack of clarity as to when they would receive capital – if at all.

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05/12/2020

Privacy Tip #238 – Coronavirus Charity Scams

JDSupra.com

I think that people in general are decent and good. There are always some bad apples, but during crises most people want to help others.

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05/12/2020

KARE 11 Investigates: Work-At-Home scam risks during COVID-19 crisis

KARE 11

Thieves are using online job offers to steal personal information – and to lure people into counterfeit check schemes.

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05/11/2020

Meant to Combat ID Theft, Unemployment Benefits Letter Prompts ID Theft Worries

Krebs on Security

Millions of Americans now filing for unemployment will receive benefits via a prepaid card issued by U.S. Bank, a Minnesota-based financial institution that handles unemployment payments for more than a dozen U.S. states.

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05/11/2020

Email scams targeting businesses hit by COVID-19

komando.com

Email scams are nothing new, but the COVID-19 pandemic has added considerable fuel to the fire that’s been burning in the underbelly of the internet for years.

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05/11/2020

‘It’s like a gold rush for them:’ Seattle FBI says thieves are cashing in big on COVID scams

Q13 Fox News

Fraudsters capitalizing on people at their lowest point, it's an issue that law enforcement says is only getting worse.

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05/11/2020

Small businesses face rise of ‘friendly fraud'

USA Today

With Americans growing more cautious about their spending habits in the wake of layoffs and pay cuts due to the coronavirus pandemic, experts caution that small businesses should brace for a rise in “friendly fraud.”

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05/11/2020

Ransomware Hit ATM Giant Diebold Nixdorf

Krebs on Security

Diebold Nixdorf, a major provider of automatic teller machines (ATMs) and payment technology to banks and retailers, recently suffered a ransomware attack that disrupted some operations. The company says the hackers never touched its ATMs or customer networks, and that the intrusion only affected its corporate network.

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05/08/2020

FEDS START CRACKDOWN ON PPP FRAUD

Restaurant Business

A New England restaurateur and his business associate have been arrested by federal authorities for allegedly trying to cheat the Paycheck Protection Program (PPP) out of more than $540,000 in forgivable loans.

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05/08/2020

5 common password mistakes you should avoid

We Live Security

Typing in a password to access one of the tens or hundreds of services that we use has become such an everyday part of our lives that we rarely give it a second thought.

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05/08/2020

Why Unified Commerce Is Critical For Merchants — And Catnip For Fraudsters

PYMNTS.com

The shift to digital commerce is more urgent than ever — and so are some of the potential pitfalls as fraudsters recalibrate their attacks and eye card-not-present transactions as a new way to make off with ill-gotten gains.

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05/08/2020

Fighting Coronavirus scams: taking stock

FTC

Since the beginning of the COVID-19 crisis, the FTC has released dozens of warning letters against people trying to make an illegal buck off the Coronavirus.

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05/07/2020

Fraud in the Time of COVID-19

D Magazine - HealthCare Fraud

There is no question employers across Texas and the nation with self-funded healthcare plans will see increases in the cost of covering sick employees during the COVID-19 pandemic.

Details >
05/07/2020

Tech Support Scam Uses Child Porn Warning

Krebs on Security

A new email scam is making the rounds, warning recipients that someone using their Internet address has been caught viewing child pornography.

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05/07/2020

FTC warns 45 more sellers of scam Coronavirus treatments

FTC

Every day we are reading about researchers studying potential ways to prevent, treat or cure COVID-19.

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05/05/2020

Account Takeovers: Why Fraud Losses Are Growing

Bank Info Security

Krista Tedder of Javelin Strategy analyzes key findings from a new report on identity fraud that shows that while account takeover incidents are decreasing, losses are growing.

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05/05/2020

Scam emails demand Bitcoin, threaten blackmail

FTC

The FTC uses the information it gets from people who report scams to keep close watch on trends, so we can alert you to changes.

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05/05/2020

Scammers offer facemasks but don’t deliver

FTC

If there’s a high demand online for health and safety items, like facemasks and paper products, guess what scammers pretend to sell? That’s right: health and safety items, like facemasks and paper products.

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05/05/2020

Not every COVID-19 testing site is legit

FTC

You probably know that COVID-19 tests are in short supply. But did you know there’s no shortage of scammers setting up fake COVID-19 testing sites to cash in on the crisis?

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05/05/2020

Coronavirus and your student loan debt

FTC

If you have student loan debt, you’ve probably heard that the new Coronavirus Aid, Relief, and Economic Security (CARES) Act gives some flexibility to federal student loan borrowers.

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05/05/2020

Did an ID thief steal your stimulus payment? Report it to us.

FTC

Do you think your economic impact payment has landed in the hands of an identity thief? You can report it to the FTC and the IRS at the same time. Here’s what to do.

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05/04/2020

How Cybercriminals are Weathering COVID-19

Krebs on Security

In many ways, the COVID-19 pandemic has been a boon to cybercriminals: With unprecedented numbers of people working from home and anxious for news about the virus outbreak, it’s hard to imagine a more target-rich environment for phishers, scammers and malware purveyors.

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05/04/2020

New York City man stole $12,000 worth of coronavirus stimulus checks from mailboxes

WTSP

NEW YORK — A New York City man was arrested after stealing nine stimulus payment checks worth $12,000 from mailboxes in Brooklyn.

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05/04/2020

US FTC warns about 7 scams targeting businesses during COVID-19 crisis

The Dispatch

The US Federal Trade Commission (FTC) has warned businesses about coronavirus-related scams that are trying to exploit companies’ concerns about the crisis.

Details >
05/04/2020

CONSUMER ALERT: BBB warns of new Venmo scam, Webkinz users asked to change credentials

2 First Alert

GREEN BAY, Wis.(WBAY) - Venmo users are being warned of a new message sent by scammers, which asks you to return money accidentally sent to your account.

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05/04/2020

Visa Will Postpone Its Fuel-Pump EMV Liability Shift for Six Months, C-Store Group Says

Digital Transactions

Visa Inc. has informed petroleum retailers that it will delay its planned EMV fuel-pump liability shift set for October until April 17, 2021, the convenience-store trade group NACS disclosed Friday.

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05/01/2020

The most brazen COVID-19 blackmail scam yet

KimKomando

We’ve seen a lot of COVID-19 related scams appear in the past few weeks. In fact, the issue has become so disruptive that agencies like the FTC and FBI are warning consumers to tread cautiously when checking their emails or answering phone calls.

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04/30/2020

Scammers have registered 150,000 fake stimulus check websites. Here’s how to protect yourself

Fortune

Eager to get your stimulus check? You aren't the only one, apparently.

Details >
04/30/2020

New Research Shows 20% Spike in Fraud as Digital Behavior Shifts Amid COVID-19 Pandemic

Security Boulevard

New data showing the impact of the COVID-19 crisis on online fraud in the first quarter of 2020 shows that 26.5% of all transactions were fraud and abuse attempts, which is a 20% increase over the previous quarter.

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04/30/2020

7 Fraud Predictions in the Wake of the Coronavirus

Dark Reading

An unprecedented global virus outbreak is just what the cyberfraudster ordered.

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04/30/2020

Microsoft Teams vulnerability patched, could lead to account takeover

SC Magazine

Microsoft’s Teams collaboration platform contains a vulnerability that can be exploited with a malicious GIF enabling an attacker to take over a company’s Teams accounts.

Details >
04/30/2020

Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS.com

Credit unions (CUs) have had to shutter many of their branches or limit capacity alongside other financial institutions (FIs) to protect members and staff as the COVID-19 virus continues on.

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04/29/2020

On 25th Anniversary Of Oklahoma City Bombing, Officials Find Lessons For Today

NPR

Lynne Gist stands at her sister's chair in the Field of Empty Chairs at the Oklahoma City National Memorial and Museum on Wednesday. Gist lost her sister, Karen Gist Carr, when a truck bomb ripped through a federal building in downtown Oklahoma City and killed 168 people 25 years ago.

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04/29/2020

Why we adopt then abandon online safety practices

Michigan News UoM

ANN ARBOR—We try to follow experts’ cybersecurity and privacy recommendations but quite often many of us do so halfway or we give up.

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04/29/2020

Financial sector is seeing more credential stuffing than DDoS attacks

ZDNet

The financial sector has seen more brute-force attacks and credential stuffing incidents than DDoS attacks in the past three years, F5's cyber-security unit said in a report published today.

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04/29/2020

Would You Have Fallen for This Phone Scam?

Krebs on Security

You may have heard that today’s phone fraudsters like to use caller ID spoofing services to make their scam calls seem more believable.

Details >
04/28/2020

Scammers take new approach to classic utility scam amid COVID-19

WHSV TV

CHARLESTON, W.Va. (WHSV) — You hopefully already know by this point that scammers have been taking advantage of the COVID-19 pandemic for one of their classic calls: threatening to turn your utilities off.

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04/27/2020

FTC sends COVID-related warnings to MLM companies

FTC

A business opportunity that promises you can work from home, earn lots of money, and enjoy a lavish lifestyle?

Details >
04/27/2020

Don’t click links in unsolicited text messages

FTC

You might be seeing text messages promising money – maybe the economic impact payments, loans for small businesses, or an offer for money you can get.

Details >
04/27/2020

When in Doubt: Hang Up, Look Up, & Call Back

Krebs on Security

Many security-conscious people probably think they’d never fall for a phone-based phishing scam.

Details >
04/27/2020

Bad bot traffic increases, comprising almost one quarter of all website traffic

helpnetsecurity.com

Bad bot traffic has increased compared to previous years, comprising almost one quarter (24.1%) of all website traffic and most heavily impacting the financial services industry, according to Imperva.

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04/27/2020

Cyber Criminals Are Hacking Ad Servers, Luring Victims to Malware-Infected Sites

beincrypto.com

Hackers have continued to attract attention in these times, as they appear to have deployed new strategies to conduct their nefarious activities.

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04/24/2020

Mobile Order-Ahead Takes On Account Takeovers

PYMNTS.com

Can you put a price tag on a pandemic? There’s no shortage of figures (most of them bad) trying to tally up the damage. But if you want the inside story of how America is dealing with COVID-19, look to our most universal necessity – eating – for a fuller understanding.

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04/24/2020

Some Landlords Are Illegally Spying On Tenants’ Stimulus Check Status

Forbes

Stimulus payments, intended to help those struggling due to the economic impact of the COVID-19 pandemic, started reaching Americans last week. The Treasury Department and Internal Revenue Service (IRS) expected up to 80 million Americans to receive their payments via direct deposit by April 15, with paper checks being mailed starting next week.

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04/24/2020

Beware of these fake text messages and robocalls going around about the coronavirus

News 4 JAX

If you get a text message saying you’ve come into contact with someone who’s tested positive for COVID-19, don’t click the link.

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04/24/2020

STATEMENT: SBA DATA BREACH PUTS BUSINESS OWNERS AT RISK OF ID THEFT AND OTHER FRAUD

U.S. Pirg

WASHINGTON -- The Small Business Administration (SBA) announced Tuesday that the personal information of nearly 8,000 business owners applying for federal disaster loans had been exposed.

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04/23/2020

Fraudulent, deceptive COVID-19 tests appearing across Texas, Austin leaders warn

KXAN

AUSTIN (KXAN) — While Austin-Travis County’s Interim Health Authority Dr. Mark Escott says COVID-19 testing in Texas will be more “plentiful” in the next sixty days, he’s also concerned that fraudulent and deceptive COVID-19 testing is being carried out in the region.

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04/23/2020

‘Pure Hell for Victims’ as Stimulus Programs Draw a Flood of Scammers

The New York Times

Trillions of dollars in stimulus funds have created a rush among criminals to take the money from those who need it the most.

Details >
04/23/2020

When in Doubt: Hang Up, Look Up, & Call Back

Krebs on Security

Many security-conscious people probably think they’d never fall for a phone-based phishing scam.

Details >
04/23/2020

A Quarter of Website Traffic is Bad Bots

Info Security

New research published today by Imperva has found that bad bots made up nearly a quarter of overall website traffic in 2019.

Details >
04/22/2020

FTC sends more warnings to sellers of scam Coronavirus treatments

FTC

Last month, the FTC and FDA sent warning letters to seven sellers of unapproved and misbranded products, claiming they can treat or prevent the Coronavirus. Today, the FTC sent warning letters to 10 more companies.

Details >
04/22/2020

COVID-19 scam reports, by the numbers

FTC

If you’re a regular reader of this blog — or of the news, you know that scammers are out in force, taking advantage of all aspects of the Coronavirus pandemic.

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04/22/2020

Coronavirus stimulus payment scams: What you need to know

FTC

We know there’s been a flood of information and updates about the government’s economic impact payments, or so-called stimulus checks, lately.

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04/21/2020

Stimulus check fraud concerns Secret Service

WTOP.com

Do you know what a government-issued stimulus check looks like? As U.S. Treasury checks from the $2 trillion Coronavirus Aid, Relief and Economic Security Act (CARES Act) are being mailed and issued to millions of Americans, federal law enforcement authorities are concerned that check fraud will increase.

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04/21/2020

PCI Compliance Is Getting Tougher

Digital Transactions

Independent sales organizations are increasing their use of non-compliance fees for merchants that don’t adhere to PCI Security Standards Council requirements, with 23% of ISOs surveyed for the ControlScan/MAC 2020 Acquiring Trends Report saying they assess these fees. That’s up from the historic range of 17% to 18%.

Details >
04/21/2020

FBI warns popular social media trends could lead to fraud

WCT6 News

WILMINGTON, N.C. (WECT) - While posting your high school senior picture or photos of your first car on Facebook may seem like a fun idea, the FBI wants to warn the public that posting this kind of information could led to fraud.

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04/20/2020

Customer Alerts: Frauds and Scams

Bureau of the Fiscal Service

At Fiscal Service, we’re concerned that our customers stay up to date about frauds and scams that impact their financial transactions. We’ll use this page to bring you the latest information about the frauds and how you can avoid them as well as other pertinent information.

Details >
04/20/2020

FBI Warns of Emerging COVID-19 Testing and Treatment Fraud Schemes

JDSUPRA

On April 13, 2020, the Federal Bureau of Investigation issued a press release warning the public about several emerging health care fraud schemes related to the COVID-19 pandemic.

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04/20/2020

Federal Trade Commission Report: more than $15 million lost to coronavirus scams

Fox 56 WOLF

WILKES-BARRE (WOLF) — According to the Federal Trade Commission (FTC), more than $15 million dollars has been stolen through coronavirus-related scams nationwide.

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04/17/2020

COVID-19 Has United Cybersecurity Experts, But Will That Unity Survive the Pandemic?

Krebs on Security

The Coronavirus has prompted thousands of information security professionals to volunteer their skills in upstart collaborative efforts aimed at frustrating cybercriminals who are seeking to exploit the crisis for financial gain.

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04/17/2020

FTC Reports Over 18K Fraud Reports Linked To Pandemic

PYMNTS.com

According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. 1. In total, people have lost $13.44 million to fraud.

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04/17/2020

Corporate Account Takeover Attacks: Detecting and Preventing it

Security Boulevard

The use of stolen workforce identity by cybercriminals has been a popular hacking tactic for many years now.

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04/17/2020

How to spot signs of a stimulus check scam

KSDK Tv

As stimulus checks are being distributed, the IRS is reminding people to be on the lookout for scams.

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04/16/2020

FBI and Secret Service Working Against COVID-19 Threats

FBI

As the United States and the world grapple with the immediate public health and economic fallout of the coronavirus pandemic, a related crisis has simultaneously emerged: a wave of criminals seeking to prey upon an anxious public.

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04/16/2020

Scammers Hook Victims By Claiming Mail Is Contaminated With COVID-19

CBS Chicago

CHICAGO (CBS) — You may have heard this – “Don’t touch your mail, because it’s covered with COVID-19.”

Details >
04/16/2020

Employee Account Takeover in the Age of COVID-19

Security Boulevard

Account takeover for employees, customers, and users has become a real issue since the COVID-19 outbreak. Here is why that is and what organizations can do about it.

Details >
04/16/2020

Sipping from the Coronavirus Domain Firehose

Krebs on Security

Security experts are poring over thousands of new Coronavirus-themed domain names registered each day, but this often manual effort struggles to keep pace with the flood of domains invoking the virus to promote malware and phishing sites, as well as non-existent healthcare products and charities.

Details >
04/15/2020

Medicaid fraud unit files charges in first case

Bismarck Tribune

North Dakota's new medicaid fraud unit has filed charges in its first case. Attorney General Wayne Stenehjem announced Monday the case involves the theft of narcotics at a long-term care facility in Pembina County.

Details >
04/15/2020

Millions of people filing for unemployment, a fast-moving economic stimulus, requests for accelerated payments, and obligations and contract awards—all of these factors create the perfect storm for fn

Nextgov

The $2 trillion Coronavirus Aid, Relief, and Economic Security Act will provide economic relief to millions of businesses and taxpayers during the coronavirus pandemic.

Details >
04/15/2020

Microsoft Patch Tuesday, April 2020 Edition

Krebs on Security

Microsoft today released updates to fix 113 security vulnerabilities in its various Windows operating systems and related software.

Details >
04/15/2020

How Banks Can Acquire New Customers and Drive Down Fraud by Offering Secure, Remote Account Opening

PaymentsJournal

Now more than ever banks want to ensure digital banking services are widely available to their customers while also keeping them safe from increasing digital fraud and cybersecurity threats.

Details >
04/15/2020

Zelle: A New Door Opens, But is Crime Walking In?

Info Security

Ever since the U.S. banking industry took the plunge into the world of “faster payments”, the real-time peer-to-peer payments (P2P) platform Zelle - by which one can move money from their bank account to an email or mobile phone number - has gained both popularity and praise. By the third quarter of 2019, Zelle traffic was reported to have reached 196 million transactions with a volume of $49 billion, vastly higher than other competitive solutions.

Details >
04/13/2020

FBI Warns of Advance Fee and BEC Schemes Related to Procurement of PPE and Other Supplies During COVID-19 Pandemic

FBI

The Federal Bureau of Investigation is providing this industry alert to warn government and health care industry buyers of rapidly emerging fraud trends related to procurement of personal protective equipment (PPE), medical equipment such as ventilators, and other supplies or equipment in short supply during the current COVID-19 pandemic.

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04/13/2020

'A Perfect Storm for Fraud'

Arkansas Business

“Never let a good crisis go to waste” is time-honored advice, whether it originated with Niccolò Machiavelli or Winston Churchill before being popularized by Rahm Emanuel.

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04/13/2020

FBI Warns of Emerging Health Care Fraud Schemes Related to COVID-19 Pandemic

FBI

The Federal Bureau of Investigation is warning the public about several emerging health care fraud schemes related to the COVID-19 pandemic.

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04/13/2020

COVID-19: Now Infecting Cybersecurity

Law.com

This article analyzes examples of some of the most recent attempts of cybercrime (either through phishing scams or VPN intrusions), as well as recommendations for how to mitigate risk.

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04/10/2020

Five Things Every Paycheck Protection Program Borrower Should Do After Receiving A Loan

Forbes

The Paycheck Protection Program (“PPP”) is the crown jewel of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”).

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04/10/2020

Zoom has fixed an eavesdropping issue tied to 'waiting rooms'

cyberscoop

Earlier this week video teleconferencing company Zoom fixed an issue that would have allowed users in Zoom “waiting rooms” to spy on meetings even if they weren’t approved to attend them, according to researchers at Toronto-based Citizen Lab.

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04/10/2020

Hang up on tech support calls

FTC

It can be frustrating to have problems with your computer, especially now that so many people are working from home.

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04/10/2020

Scammers are using COVID-19 messages to scam people

FTC

Scammers are experts at shifting tactics and changing their messages to catch you off guard.

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04/10/2020

Federal officials warn of scams aimed at stealing stimulus payments

KCENTV.com

Federal officials are warning taxpayers about stimulus payment scams targeting to steal the payments via phone calls, emails, text messages and other forms of communication.

Details >
04/09/2020

Police warn of resurgence of WhatsApp scams involving takeover of accounts

Today Online

SINGAPORE — Scams involving the takeover of WhatsApp accounts have made a comeback as criminals take advantage of the increase in online activities here, the police warned in a news release on Wednesday (April 8).

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04/09/2020

Email.it data breach exposes 600,000 users

Digital Journal

It has been announced that the Italian email provider Email.it has seen a data breach leading to personal information relating to more than 600,000 users is being sold on the dark web.

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04/09/2020

Coronavirus checks: flattening the scam curve

Federal Trade Commission

There’s a lot to worry about when it comes to the Coronavirus crisis, including the new ways scammers are using the economic impact payments (so-called “stimulus checks”) to trick people. To keep ahead of scammers who are trying to cash in on those payments, read on.

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04/08/2020

Avoid scams while finding help during quarantine

Federal Trade Commission

Older adults may be hard hit by the coronavirus – and scammers prey on that. If you or someone you know must stay at home and needs help with errands, you’ll want to know about this latest scam.

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04/08/2020

Avoiding SSA scams during COVID-19

Federal Trade Commission

While some of you are home, practicing social distancing and frequent hand washing to avoid the Coronavirus, remember that scammers are still busy trying to take advantage of people.

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04/08/2020

Fake Malwarebytes Site Used by Malvertising Attack to Spread Raccoon

The State of Security

A malvertising campaign used a copycat website for anti-malware software provider Malwarebytes to distribute the Raccoon infostealer.

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04/08/2020

Officials sound alarm over virus relief check scams

The Hill

An IRS watchdog on Tuesday urged people to watch out for possible scams related to the federal government’s coronavirus assistance to taxpayers as lawmakers and government officials are seeking to prevent people from falling victim to schemes about the forthcoming recovery checks.

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04/07/2020

Cell phone withdrawals were computer fraud

Virginia Lawyers Weekly

Where appellant used his cell phone to make unauthorized withdrawals from his grandmother’s bank account, his computer fraud conviction is affirmed. His cell phone was a device that fell within the statutory definition of a computer.

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04/07/2020

Learn How to Get the Most out of Fraud Prevention

PaymentsJournal

Fraud prevention and management is a key area of focus in the constantly evolving payments industry, as consumers demand personalized, tech-enabled payments experiences and fraudsters become increasingly sophisticated.

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04/07/2020

Beyond Zoom: How Safe Are Slack and Other Collaboration Apps?

threatpost

COVID-19’s effect on work footprints has created an unprecedented challenge for IT and security staff. Many departments are scrambling to enable collaboration apps for all — but without proper security they can be a big risk.

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04/07/2020

L4NC34 Ransomware’s Encryption Routine Reversed by Researchers

The State of Security

Security researchers reversed the encryption routine employed by L4NC34 ransomware by decrypting a file without paying the ransom.

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04/03/2020

The Surging ACH

Digital Transactions

No, that’s not an oxymoron. The big, 46-year-old network, with links to virtually every bank in the country, is on a growth tear. Here’s why.

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04/03/2020

Coronavirus fraud is so bad the FTC made a scam bingo card

Yahoo Finance

With much of the country in quarantine advised to practice social distancing measures, the risk of scams has spiked. Already, coronavirus-related robocalls have gotten worse as scammers have pivoted to use fear and isolation to their advantage.

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04/03/2020

We’re All Remote Here: Videoconferencing Securely

The State of Security

The current pandemic has certainly shown the utility of electronic collaboration tools such as videoconferencing platforms

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04/03/2020

Protecting Office 365 from external and insider data breaches

Enterprise Times

Today, one out of every five corporate employees use Office 365 as more enterprises adopt the cloud-based suite of applications to reduce costs and increase productivity.

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04/03/2020

3 Remote Learning Cybersecurity Risks

Security Boulevard

The coronavirus is a crisis for schools, businesses, and individuals all over the country. Within a matter of weeks, our world is changing and everyone is pulling together to try to solve a variety of problems.

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04/03/2020

Zoom promises to improve its security and privacy as usage (and concern) soars

The State of Security

What’s happened? Well, Coronavirus 2019 (COVID-19) happened.

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04/03/2020

Nearly Half of Employees Don’t Know What to Do When Ransomware Hits

The State of Security

A survey revealed that approximately half of employees didn’t know how to respond in the event their organization suffered a ransomware infection.

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04/03/2020

FBI Warns Of Costco Coronavirus ‘Stimulus Check’ Scam

CBS San Diego

SAN DIEGO (CBS Local) — Text messages claiming to offer “goodies” from big box chain Costco as part of a “COVID-19 stimulus package” for the store’s “loyal customers” are not only fraudulent, but they also include links that may contain malware or ransomware, the FBI says.

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04/03/2020

Small businesses: Where to go for financial relief information

FTC

If you own a small business or work for one, you’ve seen the headlines about financial relief that may be available to some companies through the Small Business Administration (SBA).

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04/03/2020

Grandparent scams in the age of Coronavirus

FTC

“Grandma: I’m in the hospital, sick, please wire money right away.” “Grandpa: I’m stuck overseas, please send money.” Grandparent scams can take a new twist – and a new sense of urgency – in these days of Coronavirus. Here’s what to keep in mind.

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04/02/2020

While you’re at home, spot the scams

FTC

Many of us are at home, trying to protect our communities from the Coronavirus.

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04/02/2020

Zoom Lets Attackers Steal Windows Credentials, Run Programs via UNC Links

Bleeping Computer

The Zoom Windows client is vulnerable to UNC path injection in the client's chat feature that could allow attackers to steal the Windows credentials of users who click on the link.

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04/01/2020

KARE 11 Investigates: SBA loan scam targets MN business owners

KARE 11

Real-looking emails about emergency loan applications claim to be from the Small Business Administration. They’re really a COVID-19 ‘phishing’ scam.

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04/01/2020

FBI urges vigilance against scams targeting coronavirus stimulus checks

RTV6

INDIANAPOLIS — The Federal Bureau of Investigation is warning people to beware of scams related to the coronavirus pandemic.

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04/01/2020

60 and over in the time of COVID-19? Read on.

FTC

I know, 60-year-olds. You’re not old. In fact, we’ve found that, when people think “old,” they think of someone about 10 years older than they are right now.

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04/01/2020

Marriott International confirms data breach of up to 5.2 million guests

Naked Security

Marriott International has today announced that it has suffered a data breach affecting up to 5.2 million people.

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04/01/2020

Are You Ready for the Remote Work’s Toll on Corporate Security?

The State of Security

Given the situation that many companies, organizations and government agencies have been forced into working remotely due to COVID-19, it is imperative to give some thought about corporate security.

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04/01/2020

Phish of GoDaddy Employee Jeopardized Escrow.com, Among Others

Krebs on Security

A spear-phishing attack this week hooked a customer service employee at GoDaddy.com, the world’s largest domain name registrar, KrebsOnSecurity has learned.

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03/30/2020

Socially distancing from COVID-19 robocall scams

FTC

Scammers – and scammy companies – are using illegal robocalls to profit from Coronavirus-related fears.

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03/30/2020

Got student loan debt? Read this.

FTC

You’ve probably seen ads for companies that can help you lower – or even totally get rid of – your student loan debt. Some of those companies just take your money and do nothing for you.

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03/30/2020

Social Distancing Has Caused More Online Shopping. And Fraud.

PaymentsJournal

Large swaths of the global economy have ground to a halt as governments scramble to stop the spread of COVID-19.

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03/30/2020

Third-party data breach exposes GE employees’ personal information

The State of Security

Past and present employees of General Electric (GE) are learning that their sensitive information has been exposed by a data breach at a third-party service provider.

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03/30/2020

Tupperware Website Compromised with Credit Card Skimmer

The State of Security

Digital attackers compromised the website of kitchen and household products manufacturer Tupperware with a credit card skimmer.

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03/30/2020

Deep Dive: Why New Hacking Technology Has Made Application Fraud More Difficult To Fight

PYMNTS.com

The financial industry is particularly vulnerable to digital fraud.

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03/30/2020

Equifax breach: Check for exposed data, get $125

13WOWK

TOPEKA, KS (KSNT) – Following a data breach exposing the social security numbers of millions, the credit bureau at fault will also spend millions to pay back those affected.

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03/30/2020

Beware Of Stimulus Check Scams And Related Hoaxes

Forbes

Ugh. The ink is barely dry on the "Coronavirus Aid, Relief, and Economic Security Act" or the "CARES Act" - and scammers are already coming up with schemes to defraud taxpayers.

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03/30/2020

FBI Warns Health Care Professionals of Increased Potential for Fraudulent Sales of COVID-19-Related Medical Equipment

Imperial Valley news

Washington, DC - Scammers continue to take advantage of the COVID-19 pandemic to steal money through a variety of means.

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03/30/2020

COVID-19 Scam Roundup – March 30, 2020

The State of Security

Many in the digital security community are coming together to combat malicious actors during the coronavirus disease 2019 (COVID-19) global outbreak.

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03/26/2020

Russians Shut Down Huge Card Fraud Ring

Krebs on Security

Federal investigators in Russia have charged at least 25 people accused of operating a sprawling international credit card theft ring.

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03/26/2020

Banking Bots: The Good, The Bad And The Ugly

PYMNTS.com

Digital fraud continues to flourish, with recent surveys finding that security breaches have increased 67 percent since 2014 and 11 percent since 2018.

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03/25/2020

Watch out for stimulus check fraud

KNSS.Radio.com

The United States Treasury Department could soon start issuing relief checks to American families and businesses. Right now - the proposal includes sending two large checks to many Americans and devoting $300 billion toward helping small businesses avoid mass layoffs.

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03/25/2020

Surviving Isolation: A Lesson From 5 Astronauts

Futurism

Self quarantine can get pretty lonely — especially if you’re used to spending a lot of time around other people on a daily basis.

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03/25/2020

Fraud In A Post COVID-19 World

Forbes

While scammers are out there marking up hand sanitizer and surgical masks, there is a much larger risk of fraud looming in the future.

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03/25/2020

Taxes and Finance: The IRS Data Theft Problem

The Willits News

Here’s how to minimize your risk: What better place for online thieves to target than a database that contains 300 million+ Social Security numbers and a treasure trove of financial information?

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03/25/2020

Dispelling 5 Myths and Misconceptions Surrounding File Integrity Monitoring (FIM)

The State of Security

File integrity monitoring (FIM) started back in 1997 when Gene Kim launched Tripwire and its “Change Audit” solution.

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03/25/2020

US Government Sites Give Bad Security Advice

Krebs on Security

Many U.S. government Web sites now carry a message prominently at the top of their home pages meant to help visitors better distinguish between official U.S. government properties and phishing pages.

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03/24/2020

Watch out for stimulus check fraud

KNSS.Radio.com

The United States Treasury Department could soon start issuing relief checks to American families and businesses. Right now - the proposal includes sending two large checks to many Americans and devoting $300 billion toward helping small businesses avoid mass layoffs.

Details >
03/24/2020

Now more than ever, spot the scams with #FTCScamBingo

FTC

During the Coronavirus outbreak, many people are working from home — and maybe even, for the first time in a long time, answering calls from unfamiliar phone numbers.

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03/24/2020

Who’s Behind the ‘Web Listings’ Mail Scam?

Krebs on Security

In December 2018, KrebsOnSecurity looked at how dozens of U.S. political campaigns, cities and towns had paid a shady company called Web Listings Inc. after receiving what looked like a bill for search engine optimization (SEO) services rendered on behalf of their domain names.

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03/24/2020

Police respond to robbery attempt at bank drive-thru

The Lawton Constitution

Between 10:30 and 11 a.m. on Monday, the Lawton Police Department received a call from an employee at Southwest Oklahoma Federal Credit Union, 6714 W. Gore, LPD Public Relations Officer Timothy Jenkins said.

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03/23/2020

Security Breach Disrupts Fintech Firm Finastra

Krebs on Security

Finastra, a company that provides a range of technology solutions to banks worldwide, said today it was shutting down key systems in response to a security breach discovered this morning.

Details >
03/23/2020

European Online Fraud: Three Big Areas of Concerns

MSSP Alert

Online and offline scammers have hit millions of European consumers with sophisticated fraud tricker — particularly monetary fraud, identity theft and buying scams.

Details >
03/23/2020

Alert! Your Siri and Google assistant can be hacked with Ultrasonic Waves

Tech Explorist

Recent advances in artificial intelligence (AI) and machine learning have enabled new game-changing technologies for humans to interact with machines using voices.

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03/23/2020

Justice takes first federal court action against coronavirus fraud

The Hill

The Justice Department announced Sunday that it was taking action to shutter a website falsely claiming to have access to "vaccine kits" supposedly manufactured by the World Health Organization (WHO) to prevent coronavirus.

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03/23/2020

FBI SEES RISE IN FRAUD SCHEMES RELATED TO THE CORONAVIRUS (COVID-19) PANDEMIC

FBI

Scammers are leveraging the COVID-19 pandemic to steal your money, your personal information, or both. Don’t let them.

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03/20/2020

BBB warning consumers of new COVID-19 text messaging scams

WFXR Fox

ROANOKE, Va. (WFXR) – The Better Business Bureau Serving Western Virginia is informing consumers of new phishing scams coming by way of a text message.

Details >
03/20/2020

Five billion records exposed in open ‘data breach database’

SC Magazine

More than five billion records were exposed after a Keepnet Labs Elasticsearch “data breach database” housing a trove of security incidents from the last seven years was left unprotected.

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03/20/2020

How Hackers Target Food Deliveries During the Coronavirus Pandemic

Austin INNO

Earlier this week, Austin-based cybersecurity startup SpyCloud posted a tweet that showed a behind the scenes look at a cybercriminal forum.

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03/20/2020

Got a call about claiming your COVID-19 stimulus check? It's a scam

ABC7 NY

RALEIGH -- Scammers are already trying to take advantage of the COVID-19 fears and claim to be calling about President Trump's stimulus package.

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03/20/2020

Zxyel Flaw Powers New Mirai IoT Botnet Strain

Krebs on Security

In February, hardware maker Zyxel fixed a zero-day vulnerability in its routers and VPN firewall products after KrebsOnSecurity told the company the flaw was being abused by attackers to break into devices.

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03/19/2020

Nefilim Ransomware Threatens to Release Victims’ Data within a Week

The State of Security

A newly discovered ransomware family called “Nefilim” told its victims that it would publish their stolen data within a week unless they paid their ransom.

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03/19/2020

Food Delivery Website in Germany Targeted by DDoS Attackers

The State of Security

Malicious individuals targeted a food delivery website located in Germany with a distributed denial-of-service (DDoS) attack.

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03/19/2020

FDIC Approves Square For Banking License

PYMNTS.com

The Federal Deposit Insurance Corporation (FDIC) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18).

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03/19/2020

FDIC warns of scams being carried out in its name

American Banker

The Federal Deposit Insurance Corp. has warned that fraudsters are taking advantage of the atmosphere of fear and confusion surrounding the coronavirus pandemic to perpetrate scams in the agency's name.

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03/19/2020

Could The Coronavirus Crisis Solve Digital IDs’ ‘Chicken and Egg’ Problem?

PYMNTS.com

When all is said and done, when the pandemic is over, when we emerge on the other side of this, it’s safe to say that who we are – no matter where we live – will have changed a bit.

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03/19/2020

The State of the Cybersecurity Market: Where We’ve Come, Where We’re Going

The State of Security

There’s an interesting trend that I have personally noticed over the past few years: organizations are starting to take cybersecurity more seriously.

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03/19/2020

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.

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03/19/2020

FTC: Coronavirus scams, Part 2

FTC

Last month, we alerted you to Coronavirus scams we were seeing at the time

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03/19/2020

Services Will Fail You as the World Stays Home

Review Geek

As COVID-19 spreads and wreaks havoc on our way of life, more and more people are staying home.

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03/18/2020

Services Will Fail You as the World Stays Home

Review Geek

As COVID-19 spreads and wreaks havoc on our way of life, more and more people are staying home.

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03/18/2020

Online security tips for working from home

FTC

Teleworking during the Coronavirus outbreak? While working from home can help slow the spread of the virus, it brings new challenges: juggling work while kids are home from school; learning new software and conferencing programs; and managing paper files at home.

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03/18/2020

Coronavirus Widens the Money Mule Pool

Krebs on Security

With many people being laid off or working from home thanks to the Coronavirus pandemic, cybercrooks are almost certain to have more than their usual share of recruitable “money mules” — people who get roped into money laundering schemes under the pretense of a work-at-home job offer.

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03/18/2020

OCC did its part to secure customer data. Now it’s CFPB’s turn.

BankThink

The Office of the Comptroller of the Currency recently made clear that banks aren’t necessarily entering third-party relationships when they allow customers to use fintech apps powered by aggregators.

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03/18/2020

Checks from the government

FTC

As the Coronavirus takes a growing toll on people’s pocketbooks, there are reports that the government will soon be sending money by check or direct deposit to each of us.

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03/16/2020

$153 million in Western Union refunds

FTC

Refund checks worth about $153 million are going out to over 109,000 people who sent money to scammers through Western Union wire transfers.

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03/16/2020

The Web’s Bot Containment Unit Needs Your Help

Krebs on Security

Anyone who’s seen the 1984 hit movie Ghostbusters likely recalls the pivotal scene where a government bureaucrat orders the shutdown of the ghost containment unit, effectively unleashing a pent-up phantom menace on New York City.

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03/15/2020

One man lost his life savings in a SIM hack. Here's how you can try to protect yourself

CNN Business

San Francisco (CNN Business)Robert Ross was sitting in his San Francisco home office in October 2018 when he noticed the bars on his phone had disappeared and he had no cell coverage. A few hours later, he had lost $1 million.

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03/12/2020

Crafty Web Skimming Domain Spoofs “https”

Krebs on Security

Earlier today, KrebsOnSecurity alerted the 10th largest food distributor in the United States that one of its Web sites had been hacked and retrofitted with code that steals credit card and login data.

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03/12/2020

Live Coronavirus Map Used to Spread Malware

Krebs on Security

Cybercriminals constantly latch on to news items that captivate the public’s attention, but usually they do so by sensationalizing the topic or spreading misinformation about it.

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03/12/2020

International Sweep Against Elder Fraud

National Law Review

The US Department of Justice (DOJ) swept up more than 400 defendants for committing fraud against elder citizens this month.

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03/12/2020

Brave browser to block web fingerprinting with randomisation

Naked Security

As privacy experts constantly remind everyone, when it comes to tracking using web fingerprinting, users can run, but they simply can’t hide.

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03/12/2020

New financial fraud attacks detected 'every two minutes'

Techradar.pro

Cyberattacks involving financial fraud saw a huge increase in 2019, a new report from Palo Alto Networks has revealed.

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03/09/2020

Fraud Is Rapidly Evolving in 2020

PaymentsJournal

Now that it’s well into 2020, we’re in the midst of a rapidly evolving fraud landscape

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03/09/2020

7 Things to Do Right Away If You're a Victim of a Data Breach

Kiplinger

In today's digital age, data breaches have become all too common and leave unsuspecting consumers vulnerable to a host of identity theft issues

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03/09/2020

Social Security Issues Warning On New Texting Scam

Forbes

Scammers aren't just relying on robocalls and voice mails to reach potential victims: they're now texting.

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03/09/2020

Be on High Alert for New Wave of Wire Fraud Scams

The National Law Review

Scammers always go back to the good old scams, even when they are making bundles on new scams.

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03/09/2020

U.S. Govt. Makes it Harder to Get .Gov Domains

Krebs on Security

The federal agency in charge of issuing .gov domain names is enacting new requirements for validating the identity of people requesting them.

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03/09/2020

Elder Fraud: Feds announce largest enforcement effort

The Chief

The largest coordinated sweep of elder fraud cases in history has been announced by federal officials in Portland, including U.S. Attorney Billy J. Williams, Attorney General William P. Barr, FBI Director Christopher A. Wray, and Chief Postal Inspector Gary R. Barksdale.

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03/09/2020

Alarming PayPal Security Alert: This Stupidly Simple New Hack Puts You At Risk—Here’s How It Works

Forbes

Here we go again—another PayPal report from security researchers, warning of a risk to users from thieves.

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03/09/2020

Hackers target potential victims with fake coronavirus websites and phishing scams

Silicon Angle

As the spread of novel coronavirus continues to make headlines globally and events such as South by Southwest are canceled, scammers are taking advantage of the news through targeted phishing emails and scam websites.

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03/05/2020

The War of Passwords: Compliance vs NIST

The State of Security

The most recent National Institute of Standards and Technology (NIST) guidelines have been updated for passwords in section 800-63B.

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03/05/2020

T-Mobile Says Security Incident Might Have Exposed Customers’ Data

The State of Security

Mobile telecommunications company T-Mobile disclosed a data security incident that might have exposed the account information of some of its customers.

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03/04/2020

Welcome to NCPW 2020

FTC

Welcome to National Consumer Protection Week (NCPW) 2020. Today kicks off the 23rd year of one of the FTC’s biggest annual events.

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03/03/2020

The (Growing) Problem of Password Reuse

Bank Info Security

SpyCloud is out with its annual credential exposure report, and the bad news is: Password reuse continues to leave enterprises open to breach and account takeover.

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03/03/2020

What Is PIPEDA? And How Does It Protect You and Your Privacy?

The State of Security

You have likely heard of the General Data Protection Regulation (GDPR), and you probably refer to this standard whenever the topic of privacy and data processing arises. But what about outside of the EU? The Office of the Privacy Commissioner of Canada (Commissariat à la protection de la vie privée du Canada) has a twitter account that shares information regarding privacy and an individual’s rights in Canada.

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03/03/2020

PwndLocker Ransomware Targeting Municipalities, Enterprise Networks

The State of Security

Security researchers discovered a new ransomware family called “PwndLocker” targeting municipalities and enterprise networks.

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03/02/2020

FCC Proposes to Fine Wireless Carriers $200M for Selling Customer Location Data

Krebs on Security

The U.S. Federal Communications Commission (FCC) today proposed fines of more than $200 million against the nation’s four largest wireless carriers for selling access to their customers’ location information without taking adequate precautions to prevent unauthorized access to that data

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03/02/2020

Shark Tank Star Out $400K In Invoice Fraud Scam

PYMNTS.com

Invoice fraud scams continue to target businesses of all sizes and industries, with experts warning of a major spike in various iterations of business email compromise scams.

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03/02/2020

Coronavirus Fraud: A GC’s Guide to Potential Schemes

Law.com

As COVID-19 has spread beyond China, capturing news headlines and shaking financial markets, companies have put together action plans to address the impact of the epidemic on their business—focusing on areas ranging from supply chain management to employee safety.

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03/02/2020

A fraud case in South Dakota throws harsh spotlight on organic grain

Star Tribune, Minneapolis, MN

The case is the second large-scale organic fraud case in the Midwest to attract federal prosecution in less than a year.

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03/02/2020

GPS Tracker Leads Des Moines Police to Bank Robbery Suspect

WHOTV Des Moines, Iowa

.DES MOINES, Iowa -- A GPS tracker led Des Moines police to a man they say robbed a bank at gunpoint on Friday.

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03/02/2020

Walgreens Disclosed Data Security Incident Involving Its Mobile App

The State of Security

Pharmacy store chain operator Walgreens notified some of its customers of a data security incident involving its mobile app.

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03/02/2020

BBB Scam Alert: Tips to avoid falling victim to political robocall scams

WFMY News 2

The 2020 presidential election is attracting scammers hoping to get away with money and personal information that could possibly lead to identity theft.

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03/01/2020

Hawaii ILWU Official Sentenced for Tax Evasion, Identity Theft

National Legal and Policy Center

If government benefits were available, Nathan Lum made sure that he was going to receive some of them, legally or not.

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02/26/2020

Time to Tighten Up Cybersecurity to Fight Tax Fraud

Security Boulevard

We’ve described cyber criminals as opportunists many times

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02/26/2020

Google Pay users could be left out of pocket by PayPal fraud bug

techradar.com

Hackers purchased thousands of euros worth of goods using linked PayPal accounts

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02/26/2020

Google Pay users could be left out of pocket by PayPal fraud bug

techradar.com

Hackers purchased thousands of euros worth of goods using linked PayPal accounts

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02/26/2020

Valley man warning others through video following cyber attack

Comox Valley Record

A Comox Valley man is warning others about the dangers of being hacked online and recently created a video to prevent it from happening to others.

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02/26/2020

Van Loaded With 300 Gallons Stolen Fuel Stopped By Police

Patch Wisconsin

Authorities in Wisconsin say a van carrying 300 gallons of stolen gas in leaky barrels was heading back to Illinois when it was stopped.

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02/26/2020

Coronavirus Disease 2019 (COVID-19) -- Pandemic Planning and Business Continuity Resources for Banks

American Bankers Association

This page contains a range of resources to assist banks as they prudently plan and prepare for the 2019 novel coronavirus.

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02/25/2020

PayPal accounts abused en-masse for unauthorized payments

ZDNet

On February 25, 07:30am ET, PayPal told ZDNet that they have addressed the issue being exploited over the weekend. Original article below.

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02/24/2020

Zyxel Fixes 0day in Network Storage Devices

Krebs on Security

Networking hardware vendor Zyxel today released an update to fix a critical flaw in many of its network attached storage (NAS) devices that can be used to remotely commandeer them.

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02/23/2020

Fraud Alert: Phishing attacks now based on coronavirus

KOMO News

Cyber thieves are trying to cash in on the coronavirus (now officially known as COVID-19).

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02/23/2020

Agari Uncovers National BEC Check Fraud Ring

Streetinsider.com

FOSTER CITY, Calif., Feb. 20, 2020 /PRNewswire/ -- Agari, the market share leader in phishing defense solutions for the enterprise, announced today the results of an ongoing investigation by its Agari Cyber Intelligence Division (ACID) into a threat actor group which built an intricate network of check mules that has bilked thousands of companies.

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02/23/2020

MGM Resorts hacked: 10.6 million guests have their personal data exposed on hacking forum

The State of Security

Over 10 million people who have stayed at MGM Resorts hotels – including Twitter boss Jack Dorsey and pop idol Justin Bieber – have had their personal details posted online by hackers.

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02/20/2020

FTC refunds $34 million to Office Depot customers

Federal Trade Commission

The FTC is sending refund checks to more than 541,000 people who paid for repairs and technical services when they took their computers to Office Depot or Office Max stores for a free “PC Health Check.”

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02/19/2020

How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS.com

Not so long ago, payments cyber fraud was done primarily by brute force, through guessing passwords and usernames — a scattershot approach akin to trial and error, conducted by lone individuals or small groups. However, that’s changing.

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02/19/2020

Encoding Stolen Credit Card Data on Barcodes

Krebs on Security

Crooks are constantly dreaming up new ways to use and conceal stolen credit card data. According to the U.S. Secret Service, the latest scheme involves stolen card information embedded in barcodes affixed to phony money network rewards cards

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02/19/2020

Fighting Fraudsters At The FI/Customer Journey Starting Line

PYMNTS.com

In the battle against fraudsters, financial institutions (FIs) must start at the beginning – literally.

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02/19/2020

Cyberthreats to Watch out for in 2020

ChannelFutures

Familiar and emerging cyberthreats will pose continuing challenges in the year ahead.

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02/19/2020

CISA Disclosed Ransomware Attack at Natural Gas Compression Facility

The State of Security

The Cybersecurity and Infrastructure Security Agency (CISA) revealed that a natural gas compression facility suffered a ransomware attack.

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02/19/2020

Tax scams are in full swing. Here’s how to protect yourself

CNBC

Tax season is in full swing — and that means it’s hunting time for scam artists hoping to rip off taxpayers.

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02/19/2020

Hackers Were Inside Citrix for Five Months

Krebs on Security

Networking software giant Citrix Systems says malicious hackers were inside its networks for five months between 2018 and 2019, making off with personal and financial data on company employees, contractors, interns, job candidates and their dependents.

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02/17/2020

Fraud alerts & credit freezes: What’s the difference?

Federal Trade Commission

Looking for ways to protect your identity? Two to options to consider are fraud alerts and credit freezes. But what’s the difference?

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02/17/2020

Texas man pleads guilty to using stolen credit card numbers to buy goods

Sioux City Journal

SIOUX CITY -- A Texas man pleaded guilty Thursday to using stolen credit card numbers to buy goods from an Iowa store.

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02/17/2020

Fourth arrest made in diesel fuel theft cases

Fox 13

TAMPA, Fla. - Another arrest has been made in a possible ring of thieves pumping diesel into concealed bladder tanks inside their vehicles, then paying the expensive bill with bogus credit cards.

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02/17/2020

Two arrested in Boise gift card thefts

KIVI Boise

BOISE, Idaho — Boise Police have arrested two Pennsylvania women on multiple felony counts relating to the theft of high-value retail gift cards.

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02/17/2020

Is No-Factor Authentication Digital Security’s Future?

PYMNTS.com

For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA.

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02/17/2020

Charges: Bank Robber Said Heist Was ‘Easy As He Thought It Was Going To Be’

WCCO CBS Minnesota

MINNEAPOLIS (WCCO) – Two Twin Cities men are facing charges for an armed bank robbery in the north metro Tuesday morning in which they made off with more than $77,000.

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02/17/2020

Alcester man charged with wire fraud and mail fraud

KELO News

SIOUX FALLS, S.D. (KELO.com) -- 31 year old Christopher Day of Alcester has been indicted on 12 Counts of Wire Fraud and 8 Counts of Mail Fraud.

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02/17/2020

Payment Card Data Security Incident Disclosed by Rutter’s

The State of Security

Convenience store and gas station chain Rutter’s disclosed a security incident that might have affected customers’ payment card data.

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02/17/2020

Payment Card Data Security Incident Disclosed by Rutter’s

The State of Security

Convenience store and gas station chain Rutter’s disclosed a security incident that might have affected customers’ payment card data.

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02/17/2020

Pay Up, Or We’ll Make Google Ban Your Ads

Krebs on Security

.A new email-based extortion scheme apparently is making the rounds, targeting Web site owners serving banner ads through Google’s AdSense program.

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02/13/2020

In-store Payments via Mobile Apps Can Lead to Increase in Card Not Present (CNP) Fraud

Security Boulevard

Consumers love the convenience of paying for goods and services in store by using their NFC enabled smartphones and stored credit cards.

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02/12/2020

Iowa telemarketing firm scammed consumers across the country, must close and pay $2.6 million, judge says

Des Moines Register

An Iowa telemarketing company sued by the state Attorney General's Office has been ordered to shut down and pay nearly $2.6 million in reimbursement and penalties after a Polk County judge found that it had defrauded small businesses across the country.

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02/12/2020

That Enormous Equifax Hack Looks a Lot More Bizarre Now

Slate.com

On Monday, the Department of Justice released an indictment that alleges the Chinese government was behind the 2017 breach of Equifax that led to 147 million people’s information being stolen.

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02/12/2020

Bogus advertisement offers target small businesses

Federal Trade Commission

Lots of small businesses need to advertise locally.

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02/12/2020

It’s not true love if they ask for money

Federal Trade Commission

It’s almost Valentine’s Day. Lots of us have profiles on online dating sites, apps or social media to find “the one.”

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02/12/2020

Inspector General Announces National "Slam the Scam" Day

Office of the Inspector General

The Inspector General for the Social Security Administration, Gail S. Ennis, is designating Thursday, March 5, 2020 as National “Slam the Scam” Day, to raise public awareness of government imposter telephone scams across the United States.

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02/12/2020

U.S. Charges 4 Chinese Military Officers in 2017 Equifax Hack

Krebs on Security

The U.S. Justice Department today unsealed indictments against four Chinese officers of the People’s Liberation Army (PLA) accused of perpetrating the 2017 hack against consumer credit bureau Equifax that led to the theft of personal data on nearly 150 million Americans.

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02/12/2020

Cyber Resilience – Everything You (Really) Need to Know

The State of Security

What is cyber resilience? If you search the definition within the Oxford Dictionary, resilience alone is defined as “the capacity to recover quickly from difficulties; toughness.”

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02/12/2020

New PayPal Phishing Email Scam Wants Your Social Security Number

The State of Security

Security researchers have spotted a new PayPal phishing email scam that tries to steal a victim’s Social Security Number (SSN), among other sensitive data.

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02/12/2020

2 Men Arrested After Armed Bank Robbery in Lino Lakes

WCCO

Two men were taken into custody Tuesday morning after an armed robbery at a U.S. Bank in Lino Lakes.

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02/12/2020

IRS Launches Identity Theft Central Webpage

Security Magazine

The Internal Revenue Service (IRS) launched Identity Theft Central, designed to improve online access to information on identity theft and data security protection for taxpayers, tax professionals and businesses.

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02/12/2020

Microsoft Patch Tuesday, February 2020 Edition

Krebs on Security

Microsoft today released updates to plug nearly 100 security holes in various versions of its Windows operating system and related software, including a zero-day vulnerability in Internet Explorer (IE) that is actively being exploited.

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02/12/2020

Why The Cyberfraud Fight Needs A Trusted Identity Reset

PYMNTS.com

The future of eCommerce, and fraud prevention, is flipping the script from just stopping bad transactions to enabling personalized customer experiences.

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02/12/2020

SoundCloud Fixed API Flaws That Could Lead to Account Takeover

Bleeping Computer

Social audio platform SoundCloud fixed multiple security vulnerabilities affecting its application programming interface (API) that could allow potential attackers to take over accounts, launch denial of service attacks, and exploit the service according to the Checkmarx Security Research team.

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02/12/2020

VERT Threat Alert: February 2020 Patch Tuesday Analysis

Tripwire

Today’s VERT Alert addresses Microsoft’s February 2020 Security Updates. VERT is actively working on coverage for these vulnerabilities and expects to ship ASPL-870 on Wednesday, February 12th.

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02/12/2020

Internet fraud costing Americans $3.5 billion a year, FBI says

wkrg.com

Seniors become favorite target of e-scammers; California residents also hit hard by phishing and other fraud

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02/10/2020

Three Georgians Arrested in West Texas for Forging Checks

sanangelolive.com

ABILENE, TX – The Abilene Police Department stopped three Suspects from Georgia from cashing fake checks Monday.

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02/10/2020

FTC: The bottom-line on fake checks scams

FTC

If someone you don’t know sends you a check and asks for money back, that’s a scam.

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02/10/2020

Coronavirus: Scammers follow the headlines

FTC

Scammers are taking advantage of fears surrounding the Coronavirus.

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02/10/2020

Lindsey Sheridan Charged With Stealing Thousands Of Dollars From Hastings Bank Where She Worked

WCCO CBS Minnesota

MINNEAPOLIS (WCCO) – A 34-year-old Hastings woman has been charged with two felony counts of theft for allegedly stealing around $10,000 from a bank where she worked.

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02/10/2020

When Your Used Car is a Little Too ‘Mobile’

Krebs on Security

Many modern vehicles let owners use the Internet or a mobile device to control the car’s locks, track location and performance data, and start the engine.

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02/10/2020

Data Shows 41 Pct Hike In Ransomware Attacks In 2019

PYMNTS.com

Ransomware hackers are striking more frequently, taking down computer networks across businesses, hospital and governments, the New York Times reported on Sunday (Feb. 9).

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02/10/2020

3 Malware Trends to Watch Out for in 2020

The State of Security

Malware closed out 2019 on a strong note. According to AV-TEST, malware authors’ efforts throughout the year helped push the total number of known malware above one billion samples.

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02/10/2020

US says Chinese military stole masses of Americans' data

ABC News

The Justice Department says it has tracked a massive theft of Americans' personal information to the Chinese military

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02/10/2020

Don't bank on a "cleared" check

FTC

Fake check scams take advantage of what we don’t know about how banks handle check deposits

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02/10/2020

IRS Introduces New Tool In The Fight Against Identity Theft

Forbes

Despite a steep drop in tax-related identity theft in recent years, the scam remains serious enough to earn a spot on the agency’s 2019 “Dirty Dozen” list of tax scams.

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02/10/2020

Three indicted in scheme that used fraudulent cell phone numbers to impersonate IRS agents

Pittsburgh Post-Gazette

Three men are under indictment in Pittsburgh on wire fraud charges in connection with activating and programming cellphones for use by criminals impersonating IRS employees to harass unsuspecting citizens into paying purported tax debts nationwide.

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02/10/2020

How to Hack-Proof your Smart Home Security System

PC Tablet

There were about 130 million smart households in the United States.

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02/10/2020

How Cybercriminals Take Over Your Email Account

Express Computer

Researchers from Barracuda and UC Berkeley, conducting a large-scale analysis of email account takeover and the timeline of attacks, recently highlighted the behaviors hackers are using to try to avoid detection, ways to identify suspicious activity that could indicate an email account has been compromised, and precautions you can take to protect your business.

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02/10/2020

Whitefish broker found guilty in multi-million dollar fraud scheme

3 KRTV - Great Falls, MT

A federal jury found a Montana man guilty earlier this week for his role as a broker for a Swiss company involved in a multi-million-dollar international fraud scheme.

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02/10/2020

Fraud Fighters: Romance Scams

News 5 WKRG

MOBILE, Ala. (WKRG) — Love is in the air and there are people looking to make an illegal buck off of it. Jamie Harding with AARP Alabama joins us. Here’s a look at our conversation:

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02/10/2020

Protecting Organizations from Customized Phishing Attacks

The State of Security

A few years ago, I myself was vished, or ‘phished,’ over the phone. The caller was someone, likely offshore in a call center, who had done a little bit of research online to find my name, my phone number, my wireless phone carrier and a few other details that they used to build rapport with me on the phone.

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02/10/2020

No Relief for Cybersecurity Teams in Sight, Reveals Tripwire’s Latest Skills Gap Report

The State of Security

You’ve seen the high-level stats on the cybersecurity skills gap, but I’ll remind you of some of the main ones from the (ISC)2 Cybersecurity Workforce Study:

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02/05/2020

How the Onset of 5G Could Become a Winning Bet for Mobile Wagering And Payments

Digital Transactions

One often overlooked market for mobile payments is sports betting, and now some payments providers are wagering that the segment is about to get hot with the ongoing rollout of 5G mobile-network connectivity.

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02/05/2020

Will Faster Payments Lead To Faster Fraud?

Forbes

As payments move faster or in real-time, preventing fraud has to change its approach. With faster and real-time the game changes quite a lot, said Sarah Grotta, director, debit and alternative products at Mercator Advisory Group.

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02/05/2020

Booter Boss Busted By Bacon Pizza Buy

Krebs on Security

A Pennsylvania man who operated one of the Internet’s longest-running online attack-for-hire or “booter” services was sentenced to five years probation today.

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02/04/2020

FBI Agent Offers Tips To Keep You Safe Online

thepressgroup.net

How do you protect yourself and your privacy online in an era when cybercrimes are commonplace and becoming more dangerous and sophisticated?

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02/04/2020

Fargo's Fraud Squad: Tax & Romance Scams

KFGO - Fargo ND

February brings tax scams.. and, with Valentine's Day around the corner, romance scams. Here's what to look out for...

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02/03/2020

Trooper breaks up alleged forgery, identity-theft ring

The Perry News

Two Chicagoans and one Iowan were arrested on U.S. Interstate 80 Saturday evening after they were allegedly found in possession of stolen credit cards and gear for forging checks.

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02/03/2020

Tax Identity Theft Awareness Week starts today

Federal Trade Commission

Ready for tax season? If you’re not ready for tax identity thieves and IRS imposters, you might not be. But breathe easy.

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02/03/2020

KC Woman Pleads Guilty to Social Security, Bankruptcy Fraud Schemes

The United States Attorneys Office

KANSAS CITY, Mo. – A Kansas City, Missouri woman pleaded guilty in federal court today to a Social Security and bankruptcy fraud scheme.

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01/30/2020

FTC Warns 19 VoIP Service Providers That ‘Assisting and Facilitating’ Illegal Telemarketing or Robocalling is Against the Law

Federal Trade Commission

Federal Trade Commission staff sent letters to 19 Voice over Internet Protocol (VoIP) service providers warning them that “assisting and facilitating” illegal telemarketing or robocalling is against the law.

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01/30/2020

Payment Cards Exposed in Wawa Breach Offered for Sale on Dark Web

The State of Security

Digital criminals posted customers’ payment card details exposed in the 2019 Wawa data breach for sale on a dark web marketplace.

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01/30/2020

Payment Cards Exposed in Wawa Breach Offered for Sale on Dark Web

The State of Security

Digital criminals posted customers’ payment card details exposed in the 2019 Wawa data breach for sale on a dark web marketplace.

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01/30/2020

Sprint Exposed Customer Support Site to Web

Krebs on Security

Fresh on the heels of a disclosure that Microsoft Corp. leaked internal customer support data to the Internet, mobile provider Sprint has addressed a mix-up in which posts to a private customer support community were exposed to the Web.

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01/30/2020

Can SIM Swapping be Monitored to Stop Cybercriminals from monetizing their Activities?

Enterprise Security Magazine

A type of account takeover fraud that depends on phone-based authentication like two-factor authentication and two-step verification, SIM swapping is taking centre stage.

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01/30/2020

The top frauds of 2019

Federal Trade Commission

Each year, the FTC takes a hard look at the number of reports people make to our Consumer Sentinel Network.

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01/30/2020

The Department of Justice Files Actions to Stop Telecom Carriers Who Facilitated Hundreds of Millions of Fraudulent Robocalls to American Consumers

The United States Department of Justice

The Department of Justice filed civil actions for temporary restraining orders today in two landmark cases against five companies and three individuals allegedly responsible for carrying hundreds of millions of fraudulent robocalls to American consumers, the Department of Justice announced.

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01/28/2020

Wawa breach: A hacker is selling 30 million stolen credit cards on the dark web, cyber experts say

Fortune.com

In late December, the popular Northeast convenience store chain Wawa disclosed hackers had obtained payment data for some of its customers.

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01/28/2020

Help To Avoid Scams in 2020

Webster County citizen

Better Business Bureau (BBB) has developed 10 ways that can help you fight scammers, prevent identity theft, and find trustworthy businesses and charities in the coming year.

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01/28/2020

As Ransomware Spreads, Ransoms Balloon And Attacks Grow More Sophisticated

Digital Transactions

The criminals behind ransomware attacks are becoming dramatically bolder.

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01/26/2020

Does Your Domain Have a Registry Lock?

Krebs on Security

If you’re running a business online, few things can be as disruptive or destructive to your brand as someone stealing your company’s domain name and doing whatever they wish with it.

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01/26/2020

30,000 MARIJUANA BUYERS’ PERSONAL INFO EXPOSED IN DATA BREACH

Futurism

A team of data privacy researchers discovered a major breach in a platform used by multiple marijuana dispensaries in the United States to manage sales.

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01/26/2020

New Scam Alert!

KFGO

A new click scam is making its way into the area and it involves receiving a text about a package that is headed to your doorstep.

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01/26/2020

Why You Should Take Social Media Account Takeover as Seriously as a BEC Attack

Security Boulevard

Social media account compromise is nothing new. If you haven’t had an account hacked in the past, most of us know someone who has

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01/26/2020

Police stop in Madison leads to multi-state credit card fraud ring arrests

clarionledger.com

A Madison Police Department stop of a vehicle on Interstate 55 led to the arrest of five people in an alleged multi-state rental car theft ring where vehicles were rented using fraudulent credit cards and later reported stolen.

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01/26/2020

DHS data breach exposes Dallas County residents to identity theft

theperrynews.com

DES MOINES, Iowa — The personal information of nearly 5,000 Dallas County residents was compromised two months ago when Iowa Department of Human Services (DHS) case files were improperly disposed of, according to a DHS statement released Friday.

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01/26/2020

United States: Identity Theft And Imposter Scams Were The Most Common Complaints That The FTC Received In 2019

mondaq.com

The Federal Trade Commission just announced the most common types of consumer complaints that it received in 2019. Of the 3.2 million complaints that the FTC received, identity theft and imposter scams were by far the most common.

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01/26/2020

New Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports in 2019

mycheseo.com

WASHINGTON, D.C. — New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019.

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01/26/2020

This sophisticated banking scam looks too real to be the work of hackers

KimKomando

If you get an email from a company that you normally do business with, you probably think nothing of it. We’re always seeing special offers and payment reminders through email; it’s just the way of the world nowadays.

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01/23/2020

The Vendor Security Assessment (VSA): What You Need to Know

The State of Security

Requesting that a SaaS company answer a Vendor Security request has become a regular thing for companies who work in the cloud. But have you thought about how the reverse works, that is, when your customer has a VSA process focusing on you?

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01/23/2020

Apple Addresses iPhone 11 Location Privacy Concern

Krebs on Security

Apple is rolling out a new update to its iOS operating system that addresses the location privacy issue on iPhone 11 devices that was first detailed here last month.

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01/23/2020

Cyber Weapon Market is expected to reach US$521.87 bn by the end of 2021

Seeresearch Report

Several companies operate in the global cyber weapon market, among which The Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Raytheon Company, BAE Systems plc, and Northrop Grumman Corporation are identified as the key players in a report by Transparency Market Research (TMR).

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01/23/2020

Advisors Beware: Email Fraudsters Getting Better at Victim Profiling

Financial Advisor IQ

Email fraudsters are increasingly targeting the financial services industry, and they are getting better at identifying the right potential victims, according to cybersecurity regulators and experts.

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01/23/2020

Health Quest Begins Notifying Patients Affected by Phishing Incident

The State of Security

Health Quest announced that it’s begun notifying patients whose information might have been exposed in a phishing incident.

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01/23/2020

Check Fraud on the Rise Despite Anti-Scam Efforts, ABA Says

Banking Exchange

US banks prevented 90% of attempted fraud against deposit accounts in 2018, according to a new report from the American Bankers Association (ABA).

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01/23/2020

Consumers Are Satisfied Making Contactless Payments, But Security Concerns Linger

Digital Transactions

Even though contactless credit and debit card transactions made by tapping a card against a point-of-sale device rely on the same standard as EMV dipped transactions, consumers have different impressions of the security benefits, a newly released study says.

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01/23/2020

Many ATM Operators Will Blow Tomorrow’s Upgrade Deadline, But Will That Matter Much?

Digital Transactions

ATM operators on Monday are literally on the eve of a critical upgrade deadline that many have not met, but some industry sources at least say the situation is far from disastrous.

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01/20/2020

Domain Name of WeLeakInfo.com Seized by FBI and DOJ

The State of Security

The Federal Bureau of Investigations (FBI) and the Department of Justice (DOJ) announced that they have seized the domain name for weleakinfo.com.

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01/20/2020

GDPR Regulators Have Imposed $126M in Fines Thus Far, Finds Survey

The State of Security

A new survey found that regulators have thus far imposed $126 million worth of fines for data breaches and other GDPR infringements.

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01/20/2020

DDoS Mitigation Firm Founder Admits to DDoS

Krebs on Security

A Georgia man who co-founded a service designed to protect companies from crippling distributed denial-of-service (DDoS) attacks has pleaded to paying a DDoS-for-hire service to launch attacks against others.

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01/19/2020

Crypto mining malware dominates cyber criminal activity

Cryptopolitan

According to a recent report by Check Point Research, crypto mining malware contribute to most of the criminal activity in the industry.

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01/19/2020

Don’t fall for this scam site that promises to pay you back for data breaches

Kim Komando

So many data breaches have happened in the past 12 months that it’s hard to keep track of them all. Each one had unique effects on their respective industries, and naturally, consumers are the ones paying the price for negligence and poor cybersecurity.

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