Latest News

12/27/2024

FBI, DC3, and NPA Identification of North Korean Cyber Actors, Tracked as TraderTraitor, Responsible for Theft of $308 Million USD from Bitcoin.DMM.com

FBI

The Federal Bureau of Investigation, Department of Defense Cyber Crime Center, and National Police Agency of Japan are alerting the public to the theft of cryptocurrency worth $308 million U.S. dollars from the Japan-based cryptocurrency company DMM by North Korean cyber actors in May 2024.

12/27/2024

Police investigating Hancock Whitney bank robbery on Government Street

WAFB

BATON ROUGE, La. (WAFB) - The Baton Rouge Police Armed Robbery Detectives are investigating a robbery that took place on Thursday afternoon, Dec. 26, at the Hancock Whitney location on Government Street.

12/27/2024

Police: Man robbed bank in Wisconsin, then drove to Kentucky to kill 2 women

WLKY Louisville, KY

WASHINGTON COUNTY, Ky. — A man is in custody after police said he shot two women in Washington County, Kentucky after robbing a bank states away.

12/27/2024

Police release video from triple arrest on I-35 after Warr Acres violent robbery

KFOR News

OKLAHOMA CITY (KFOR) — A trio of men from Texas are currently behind bars in the Oklahoma County Jail for a crime they allegedly committed here, leaving a bank worker with a knot on his head and hospitalized.

12/23/2024

Authorities warn about 'brushing scams' | Here's how it works

6 ABC

MULLICA HILL, N.J. (WPVI) -- As holiday cheer is arriving in the form of boxes in the delivery truck, authorities are putting out warnings about unsolicited packages in the form of a "brushing scam."

12/23/2024

DeWitt post office manager indicted for stealing over 80k in stamps

Localsyr.com

DEWITT, N.Y. (WSYR-TV) — The Station Manager for the Dewitt New York Post Office has been indicted for stealing over $80,000 in stamps, the United States Attorney’s Office and the United States Postal Service, Office of Inspector General announced on Saturday, Dec. 21.

12/23/2024

Christmas at Risk for Millions of Americans as Credit Card Details Leaked

Leakd

As the festive season approaches, an estimated millions of Americans may find their Christmas at risk after a shocking data breach exposed 5 million unique credit and debit card details online

12/23/2024

CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle

CFPB

Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued the operator of Zelle and three of the nation’s largest banks for failing to protect consumers from widespread fraud on America’s most widely available peer-to-peer payment network.

12/20/2024

Student loan service providers face new allegations of illegal practices

Scripps News

CFPB Director Rohit Chopra said, “Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits.”

12/20/2024

How Bureau Fights The World’s Fraudsters One Identity At A Time

Forbes

Who will staunch the flood of fraud that is engulfing the world? Nasdaq’s latest research suggests losses from financial crime have now reached a staggering $485 billion a year, as fraudsters cash in on digital connectivity and harness new technologies to target their victims.

12/20/2024

FinCEN Warns of Fraud Schemes That Abuse Its Name, Insignia, and Authorities for Financial Gain

FinCEN

WASHINGTON—The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert today to raise awareness of fraud schemes abusing FinCEN’s name, insignia, and authorities for financial gain.

12/20/2024

Web Hacking Service ‘Araneida’ Tied to Turkish IT Firm

Krebs on Security

Cybercriminals are selling hundreds of thousands of credential sets stolen with the help of a cracked version of Acunetix, a powerful commercial web app vulnerability scanner, new research finds.

12/20/2024

Georgia Man Sentenced for Organizing Elaborate Payroll Check Fraud Scheme

CU Times

Toddorius Goodwin recruits impoverished individuals to cash checks at credit unions and banks in Utah.

12/20/2024

Cybercriminals and the SEC: What Companies Need to Know

Information Week

The SEC’s disclosure rules come as cyberattacks continue to rise in scale and severity, with identity-based attacks at the forefront. The prospect of attackers outing their victims to the SEC underscores the importance of protecting systems in the first place.

12/20/2024

Keyless looks at promising 2025 after major growth, new hires in 2024

Biometric Update

CEO calls 2024 ‘a transformational year for biometrics,’ beyond expectations.

12/18/2024

FTC Finalizes ‘Bait and Switch’ Rule for Event Ticketing and Lodging Sectors

PYMNTS

The FTC has unveiled a rule blocking “bait-and-switch” pricing for hotels and concert tickets.

12/18/2024

A Multi-layered Approach to Combatting Payments Fraud

AFP

When it comes to safeguarding your financial operations, no one is immune to fraudsters. Their methods are constantly evolving in sophistication, presenting us all with new challenges.

12/17/2024

Identity fraud attacks using AI are fooling biometric security systems

TechRadar

The latest Global Identity Fraud Report by AU10TIX reveals a new wave in identity fraud, largely driven by the industrialization of AI-based attacks.

12/17/2024

Founders of Illegal Pyramid Scheme Sentenced for Roles in Fraud That Caused Over $23M in Losses to Victims

Office of Public Affairs U.S. Department of Justice

Three individuals were sentenced yesterday for their roles in founding and operating an illegal pyramid scheme.

12/17/2024

Photos: North Carolina bank robbery suspect on the run

My Fox 8

CLAYTON, N.C. (WNCN) — A suspect is still being sought out from a bank robbery Friday in Clayton, a town official said.

12/16/2024

Why More Connectivity Means More Vulnerability for Cross-Border Payments

PYMNTS

Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust.

12/16/2024

Why Sim Swapping Scams Are On The Rise And How You Can Stay Safe

Investopedia

SIM swapping gives fraudsters access to your cell phone number and any incoming messages you receive. That can make it easier for them to hack into your accounts, including your bank account, using two-factor authentication codes sent to your number

12/13/2024

You heard that correctly: Scammers are committing hospice fraud

FTC

Did someone reach out and offer free, in-home perks like cooking and cleaning in exchange for your Medicare number? Don’t give it. That could be a scammer trying to commit hospice fraud.

12/13/2024

Florida Man Sentenced To 55 Months for Skimming Credit Cards, Identity Theft, and Transporting Stolen Goods in Colorado Springs Area

United States Secret Service

DENVER – The United States Attorney’s Office for the District of Colorado announces that Yamany Guerra-Pena, 36, a Cuban national and Miami, Florida resident, was sentenced to 55 months in prison, followed by three years of supervised release, and ordered to pay restitution to multiple victims in the amount of $76,980 after pleading guilty to one count of bank fraud, one count of identity theft, and one count of conspiracy to transport stolen goods and altering motor vehicle identification numbers (VINs).

12/13/2024

After Being Busted By The FTC For Using “Dark Patterns” To Push Microtransactions, Epic Games Begins Handing Out $245 Million In Refunds

Bounding into Comics

As a result of the developer previously being dinged by the US’ Federal Trade Commission for using deceptive practices to trick Fortnite players into making unwanted in-game purchases, Epic Games has begun doling out its previously agreed upon $245 million.

12/13/2024

Mobile police arrest woman accused of identity theft

WKRG News 5

MOBILE, Ala. (WKRG) — Mobile Police Department officers arrested a woman after she allegedly attempted to open a checking account using forged documents.

12/13/2024

Half a million medical patients just had their addresses, dates of birth, SSNs and more stolen by hackers - how to stay safe

Tom's Guide

Having your personal or financial information stolen by hackers is bad enough as it is, but we’re now seeing an uptick in healthcare data breaches.

12/11/2024

Phishing scams can be hard to spot

FTC

Scammers love a good disguise. One day they show up texting you about a delivery you missed, the next they say you need to sort an issue with your Netflix account. Here’s how to avoid these phishing scams.

12/10/2024

Man bought USPS key off Alabama postal worker, stole mail, feds say. He’s sentenced.

Idaho Statesman

A man bought a master key from a postal worker in Alabama and used it to steal hundreds of pieces of mail and write fraudulent checks, federal authorities said.

12/10/2024

Scam-Related Fraud Jumped 56% in 2024, Surpassing Digital Payment Crimes

PYMNTS

As digital transactions play a role in the financial landscape, financial institutions invest heavily in fraud prevention tools.

12/10/2024

Man loses $38K after falling victim to a SIM-swapping phone scam

Scripps News

A man in Carlsbad, California said a hacker was able to drain $38,000 from his Bank of America account after compromising his phone in a SIM-swapping attack.

12/09/2024

Suspected Russian hackers target Ukrainian defense enterprises in new espionage campaign

The Record

Suspected Russian hackers have been targeting Ukrainian military and defense enterprises in a new espionage campaign, according to a new report.

12/09/2024

Check your junk mail: Some affected by the Equifax data breach to get more money

ABC 27 Ohio

COLUMBUS, Ohio (WCMH) – Customers affected by Equifax credit monitoring agency’s 2017 data breach may be eligible for another payment.

12/08/2024

32-year-old man arrested, charged in connection to stabbing, robbery at Atlanta bank

95.5 WSB Radio

ATLANTA, GA — A man wanted in connection to a robbing a bank and stabbing a bank employee in Atlanta has been arrested and charged by police.

12/08/2024

Man dressed as mail carrier steals checks, money orders from mailboxes in PA, feds say

The Herald-Sun

A Pennsylvania man posed as a mail carrier and stole checks and money orders from mailboxes, officials say.

12/08/2024

Colorado couple faces $3,700 fraud nightmare on AT&T account

MSN

Judith Dixon hardly uses her dining room, but for the last month the table has been covered in paperwork.

12/07/2024

US regulator places Google Payment under supervision, company sues

Reuters

Dec 6 (Reuters) - The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., the internet giant's (GOOGL.O), opens new tab payment arm, a decision the company immediately said it was challenging in court.

12/07/2024

Many Arkansas animal shelters fall victim to fraudulent check scam

AOL

LITTLE ROCK, Ark. – The Arkansas State Animal Control Association is on alert as scammers are sniffing around looking to steal from rescue shelters.

12/07/2024

4 suspects wanted for stealing over $316,000 in check fraud scheme: police

KTLA 5 LA's Very Own

Police are searching for four suspects who are wanted for stealing over $316,000 through a check fraud scheme in Orange County.

12/07/2024

Man charged with armed robberies of St. Paul bank, Minneapolis Walgreens

Yahoo News

A 25-year-old has been federally charged with armed robberies of a St. Paul bank and a Minneapolis business.

12/07/2024

Springfield PD looking for armed bank robbery suspect

WZTV Nashville

NASHVILLE, Tenn. (WZTV) — An armed bank robbery happened Thursday afternoon in Springfield.

12/06/2024

Agencies Issue Statement on Elder Financial Exploitation

CFPB

WASHINGTON, D.C. – Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators issued a statement today to provide supervised institutions with examples of risk management and other practices that may be effective in combatting elder financial exploitation.

12/06/2024

Chicago man sentenced to prison after surveillance footage shows him breaking into buildings, stealing mail

Fox 32 Chicago

CHICAGO - A Chicago man has been sentenced to seven years in the Illinois Department of Corrections for his role in a series of burglaries and identity thefts spanning several years.

12/04/2024

U.S. Attorney’s Office, the FBI, Along with Tribal and Local Law Enforcement Officials, Announce Second “Don’t Click December” Consumer Protection Campaign

United States Attorney's Office District of Idaho

Agencies Will Release a Series of PSAs to Advise the Public About Common Online Fraud Schemes That Cause Billions of Dollars of Losses Each Year

12/04/2024

Waterloo Woman Sentenced to Federal Prison in Check Fraud Scheme

United States Attorney's Office District of Iowa

Stole Nearly $250,000 from Three Financial Institutions Between 2020 and 2022

12/04/2024

Police searching for suspect in North Omaha bank robbery

WOWT News 6

OMAHA, Neb. (WOWT) - Police are asking the public’s help in finding the suspects of a bank robbery that occurred Wednesday morning.

12/04/2024

Former Accountant Pleads Guilty to Siphoning $119,000 From South Dakota Credit Union

CU Times

Ashley Viken steals cashier’s checks and deposits them into her accounts at two other credit unions.

12/04/2024

Criminals Use Generative Artificial Intelligence to Facilitate Financial Fraud

FBI

The FBI is warning the public that criminals exploit generative artificial intelligence (AI) to commit fraud on a larger scale which increases the believability of their schemes.

12/03/2024

Minneapolis Woman Charged in Widespread Identity Theft Scheme Involving Over $35,000 in Losses

Limitless Media

APPLE VALLEY, MINNESOTA - Catherine Joy Wertman, 26, of Minneapolis, is facing multiple felony charges in Dakota County for an alleged identity theft scheme spanning multiple counties in Minnesota and Wisconsin. Court documents detail an extensive fraud operation that victimized at least 12 individuals and caused combined losses exceeding $35,000. Wertman now faces up to 20 years in prison and $100,000 in fines if convicted.

12/03/2024

Interpol Cyber-Fraud Action Nets More Than 5K Arrests

DarkReading

Chalk up another win for global cooperation among law enforcement, this time targeting seven types of cyber fraud, including voice phishing and business email compromise.

12/03/2024

Why Phishers Love New TLDs Like .shop, .top and .xyz

Krebs on Security

Phishing attacks increased nearly 40 percent in the year ending August 2024, with much of that growth concentrated at a small number of new generic top-level domains (gTLDs) — such as .shop, .top, .xyz — that attract scammers with rock-bottom prices and no meaningful registration requirements, new research finds. Meanwhile, the nonprofit entity that oversees the domain name industry is moving forward with plans to introduce a slew of new gTLDs.

12/01/2024

Man charged in Edgewater bank robbery after police identify him from electronic ankle monitor and tattoos

Chicago Sun Times

Naenb Mershah faces up to 20 years in prison if convicted, according to court records.

12/01/2024

Cyber-attack potentially discloses personal information of veterans

KEYC News Now

(KTTC) – The Veterans Health Administration (VHA) announced Friday that more than 2,000 veterans are being notified of the potential disclosure of protected health information.

12/01/2024

Minneapolis man sentenced to 24 years for armed robbery, bank fraud

KFGO

MINNEAPOLIS – A Minneapolis man will spend 24 years in federal prison after robbing two women while armed and stealing from another.

11/26/2024

Hacker in Snowflake Extortions May Be a U.S. Soldier

Krebs on Security

Two men have been arrested for allegedly stealing data from and extorting dozens of companies that used the cloud data storage company Snowflake, but a third suspect — a prolific hacker known as Kiberphant0m — remains at large and continues to publicly extort victims.

11/26/2024

Give to a charity, not a scam

FTC

There’s no shortage of good causes to donate to this holiday season. But before you give somewhere new, make sure you’re not donating to a scam.

11/26/2024

“Sad announcement” email implies your friend has died

Malwarebytes Labs

Tech support scammers are again stooping low with their email campaigns. This particular one hints that one of your contacts may have met an untimely end.

11/26/2024

Alexa Bliss impersonator(s) scammed man out of about $1 million from retirement savings & granddaughter’s college fund

Post Wrestling

There’s a story on The New York Times site from writer Tara Siegel Bernard that is connected to WWE’s Alexa Bliss. An Alexa Bliss impersonator scammed a man in his 70s out of about $1 million from his retirement savings and his granddaughter’s college fund.

11/25/2024

Zelle Scams Are On the Rise—How to Spot Fraud and Ways to Keep Your Finances Safe

Woman's World

Sending money to other people has never been easier. Whether paying for goods and services or sending money to someone for a special occasion, Venmo, CashApp and Zelle can transfer your money in minutes.

11/25/2024

U.S. Marshals, FBI Urge Public: Report Phone Scams - Colorado

U.S. Marshals Service

Spoofers using government phone numbers, government employees’ names, demanding payment via bitcoin ATMs or pre-paid credit or debit cards.

11/25/2024

Miami Lakes insurance company owner pleads guilty in $6M bank fraud scheme

NBC Miami

Heleonel Gonzalez, 48, pleaded guilty to bank fraud charges last week, officials with the U.S. Attorney's Office for the Northern District of Georgia said

11/25/2024

Three Indicted in $1.4 Million PPP Loan Fraud Scheme

United States Attorney's Office Southern District of Illinois

EAST ST. LOUIS, Ill. – A federal grand jury returned a 13-count indictment charging three Metro East men for engaging in a PPP loan fraud scheme in East St. Louis.

11/25/2024

2 arrested in Iowa bank robbery

Our Quad Cities

Police say two arrests have been made in the robbery of an Iowa bank Wednesday afternoon.

11/22/2024

‘How did you find me so fast?’ 83-year-old accused bank robber asks

WKBN

AUSTINTOWN, Ohio (WKBN) — An 83-year-old man arrested for the robbery of a Mahoning Avenue bank Wednesday morning asked police how they found him so fast after he was caught, reports said.

11/19/2024

Goodbye to these bills: Target announces it will not accept these dollars starting in December

MSN

To bolster the security of the monetary system, the Bureau of Engraving, the Secret Service, and the Advanced Counterfeit Deterrence (ACD) Steering Committee have implemented an initiative to stop U.S. retailers, banks, and ATMs from accepting specific banknotes.

11/18/2024

Three people arrested in Fargo ID theft case

AM 1100 the Flag

(FARGO, ND) – Three people have been arrested in connection with an identity theft case at a bank in Fargo.

11/18/2024

Over 800,000 Domains Vulnerable to ‘Sitting Ducks’ Cyber Attacks, Infoblox Reports

The Fast Mode

Hijacking domains using a ‘Sitting Ducks attack’ remains an underrecognized topic in the cybersecurity community. Few threat researchers are familiar with this attack vector, and knowledge is scarce. However, the prevalence of these attacks and the risk to organizations are significant.

11/15/2024

Top Bot Attack Predictions for Holiday Sales 2024

Security Boulevard

Kasada’s 2023 Holiday Bot Report offered a clear view of how bots disrupted eCommerce and online sales last season.

11/15/2024

Three suspects arrested for identity theft at Fargo Gate City Bank

KVRR Local News

FARGO (KVRR-KFGO) – Fargo police officers responded to a report of suspicious activity around 3:30 p.m. Tuesday at Gate City Bank in the 3900 block of 13th Avenue South.

11/15/2024

Georgia man gets prison time for $214K check fraud scheme in Utah

AOL News

SALT LAKE CITY (ABC4) — A Georgia man has been sentenced to prison time for his role in a scheme to steal from banks by cashing counterfeit checks.

11/13/2024

Lottery scam victim sent multiple $6,000 cash payments to stranger in Indianapolis

WRTV Indianapolis

INDIANAPOLIS — A lottery scam is making the rounds with Indiana ties and it’s costing victims thousands of dollars.

11/13/2024

Embracing Proactive Fraud Management with Real-Time Orchestration

Cyber Defense Magazine

With security breaches becoming more frequent, banks need to act swiftly to protect their users.

11/13/2024

West Fargo man accused of embezzling $2.7 million from Fargo construction company

Valley News Live

FARGO, N.D. (Valley News Live) - 29-year-old Daniel Lindgren of West Fargo has been charged with felony theft, in a case alleging that he stole over $2.7 million from a Fargo construction company.

11/12/2024

FBI Alerts Companies About Fraudulent Emergency Data Requests

PYMNTS

The FBI is alerting companies that cybercriminals are using compromised U.S. and foreign government email addresses to send fraudulent emergency data requests.

11/11/2024

FBI: Spike in Hacked Police Emails, Fake Subpoenas

Krebs On Security

The Federal Bureau of Investigation (FBI) is urging police departments and governments worldwide to beef up security around their email systems, citing a recent increase in cybercriminal services that use hacked police email accounts to send unauthorized subpoenas and customer data requests to U.S.-based technology companies.

11/11/2024

Multi-factor authentication to be mandatory on Google Cloud accounts

Security Magazine

Google announced mandatory multi-factor authentication (MFA) is coming to Google Cloud accounts. This will be enacted by the end of 2025 for the purposes of enhanced security.

11/11/2024

Elder Fraud Prevention Advocate Janine Williamson Issues Statement on S. 4943 and H.R. 9303 "Protecting Consumers from Payment Scams Act"

Morning Star

WASHINGTON , Nov. 11, 2024 /PRNewswire/ -- This Veteran's Day, elder fraud prevention advocate Janine Williamson is urging Congress to take action on S. 4943 and H.R. 9303, the Protecting Consumers from Payment Scams Act.

11/11/2024

FTC Charges Review Platform Sitejabber With Deceiving Consumers

PYMNTS

The Federal Trade Commission (FTC) announced a new enforcement action against Sitejabber, charging the review platform with deceiving consumers through misrepresentative reviews and ratings.

11/11/2024

Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs

PYMNTS

Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down to a stark question:

11/11/2024

Paper Check Fraud’s Weakest Link Is … the Paper Check

PYMNTS

Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they often sit uncashed at the back of a drawer for weeks and even months.

11/11/2024

Financially Struggling Consumers Are Twice as Likely to Face Payment Declines

PYMNTS

Payment declines are becoming less common, with payment declines overall falling from 18% to 12% in two years. However, financially struggling consumers continue to experience them at high rates.

11/07/2024

New Android Banking Malware 'ToxicPanda' Targets Users with Fraudulent Money Transfers

The Hacker News

Over 1,500 Android devices have been infected by a new strain of Android banking malware called ToxicPanda that allows threat actors to conduct fraudulent banking transactions.

11/07/2024

Caregiver accused of adult abuse, stealing over $125K from clients

The Sentinel-Record

HOT SPRINGS VILLAGE -- A Gurdon woman with a felony record who was a live-in caretaker for a Hot Springs Village couple until they fired her in August was arrested Friday for allegedly stealing over $125,000 from them.

11/07/2024

Russian Midnight Blizzard Spear Phishing Campaign Targets Thousands Using RDP Files

CPO Magazine

Microsoft has warned of an ongoing spear phishing campaign for intelligence gathering by the Russian state-linked threat actor Midnight Blizzard, Cozy Bear, APT29, Dukes, Yttrium, or UNC2452. The cybercrime group is linked to Russia’s Foreign Intelligence Service (SVR).

11/07/2024

Hackers May Have Stolen Your Social Security Number

Senior Citizens League

A recent lawsuit claims that hackers have gained access to billions of records of personal information, including Americans’ names, phone numbers, addresses, and Social Security numbers.

11/05/2024

Warrant issued for man accused of stealing $60,000 from Choctaw Casino guest

KXII

DURANT, Okla. (KXII) - An arrest warrant was issued in Bryan County for a Plano man accused of stealing $60,000 from a guest at the Choctaw Casino in September.

11/05/2024

Fargo woman arrested, accused of stealing $500,000 worth of inventory from former employer

Valley News Live

FARGO, N.D. (Valley News Live) - A Fargo woman has been arrested on felony theft charges, accused of stealing hundreds of thousands of dollars from her former employer.

11/05/2024

Easy Access to Information for Conducting Fraudulent Emergency Data Requests Impacts US-Based Companies and Law Enforcement Agencies

IC3

The Federal Bureau of Investigation (FBI) is releasing this Private Industry Notification to highlight a trend of compromised US and foreign government email addresses used to conduct fraudulent emergency data requests to US-based companies, exposing personally identifying information (PII).

11/05/2024

Canadian Man Arrested in Snowflake Data Extortions

Krebs On Security

A 26-year-old man in Ontario, Canada has been arrested for allegedly stealing data from and extorting more than 160 companies that used the cloud data service Snowflake.

11/04/2024

More and more small businesses are being hit with security attacks — but they're fighting back

MSN

New research from the Identity Theft Resource Center (ITRC) has claimed American businesses are facing more cybersecurity events and attacks than ever before.

11/04/2024

Florida Man Sentenced to Four Years in Prison for Passport Card Fraud, Bank Fraud, Identity Theft

United States Attorney's Office District of Vermont

Burlington, Vermont – The United States Attorney for the District of Vermont stated that on November 1, 2024, defendant Scott Jamie Ashness, 44, most recently of Stuart, Florida, was sentenced by Chief United States District Judge Christina Reiss to a term of 48 months’ imprisonment to be followed by a 3-year term of supervised release. Ashness previously pleaded guilty to bank fraud, passport fraud, and aggravated identity theft.

11/04/2024

State of MN Office of Cannabis Management

State of MN

Welcome to the Cannabis Implementation Insider

11/04/2024

Former Bookkeeper Sentenced to Federal Prison

United States Attorney's Office Northern District of Iowa

A woman who stole over $450,000 from a family‑owned business was sentenced October 30, 2024, to two years in federal prison.

11/01/2024

FBI seeks tips on masked suspects in Michigan, Illinois and Missouri robberies

The Detroit News

FBI officials are seeking information about masked suspects who allegedly robbed four jewelry stores, including a store in Dearborn.

11/01/2024

Scammers Exploit 2024 US General Election to Perpetrate Multiple Fraud Schemes

IC3.gov

The FBI is warning the public about scammers exploiting the 2024 US General election to perpetrate multiple types of financial fraud schemes. These scams target victims across the United States and have previously exploited state and local elections for similar scams.

10/31/2024

Beware of check scams: Banks warn of fraud involving fraudulent checks

13WMAZ

There are many ways fraudsters are trying to make a buck with fraudulent checks. One bank explains some of the schemes they see come through their doors

10/30/2024

'Scam enabler' warned to stop illegal robocalls that impersonate banks, utilities and more

AOL

No, it's not your imagination. We're getting flooded of ridiculous, illegal robocalls.

10/30/2024

Lincoln Woman Loses $800,000 in Phone Scam

KLIN Radio

Lincoln Police got a call from a 79-year-old woman on Friday afternoon reporting a scam. LPD Public Information officer Erika Thomas says the woman told officers she lost $800,000 over the course of a year.

10/29/2024

Email or social media hacked? Here’s what to do

FTC

Hackers target your email and social media accounts to steal your personal information. Like your username and password, bank or credit card account numbers, or Social Security number.

10/28/2024

AI in cyber attacks: a potential wildfire?

Techzine

In the security world, there is much talk about artificial intelligence’s impact. But what is AI doing on the attackers’ side?

10/28/2024

National Cybersecurity Awareness Month reminder: IRS and Security Summit supply online safety tips

IRS

WASHINGTON — As National Cybersecurity Awareness Month concludes and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to be wary of online threats like identity theft and fraud.

10/28/2024

New Phishing Schemes To Watch Out For

Forbes

When it comes to cybercrime, phishing is one of the biggest threats—and for good reason. It is a gateway for different types of malware (including ransomware) and plays a key role in data theft and identity fraud schemes.

10/28/2024

Change Healthcare's Massive Data Breach Impacted 100 Million People. What to Know

Cnet

A February cyberattack on a UnitedHealth subsidiary compromised the personal data of some one-third of Americans.

10/28/2024

Michigan First Credit Union customers upset after losing thousands to fraud

Detroit Free Press

Keta Roberson lives nearly 25 miles away from an ATM on Wyoming Avenue in Detroit where two $1,000 withdrawals from her account were made in late March.

10/25/2024

Three ways scammers try to steal your money

FTC

We recently shared advice to help you safeguard the personal information in your accounts, on your computer, and on your phone to protect it from identity theft. But scammers aren’t just after your data. They want your hard-earned cash, too. Here are some common scams to watch out for.

10/25/2024

Top 10 Most Common Types of Cyber Attacks Today in 2024 & How to Prevent Them

Black Star News

Our lives without the Internet are impossible, especially after the Covid pandemic.

10/25/2024

Defense Contractor Sentenced to 15 Months in Prison for Fraud, Money Laundering, and Unlawful Export of Technical Data

Office of Public Affairs U.S. Department of Justice

Yuksel Senbol, 36, of Orlando, Florida, was sentenced today to 15 months in prison for conspiracy to defraud the United States, conspiracy to commit wire fraud, wire fraud, conspiracy to commit money laundering, money laundering, conspiracy to violate the Export Control Reform Act, violating the Export Control Reform Act, and violating the Arms Export Control Act.

10/25/2024

Suspect in custody after reported robbery at Franklin Street bank

Ti-State

EVANSVILLE, Ind. (WEHT) – Evansville Police say one person is in custody after reports of a hold-up at a bank in the the 2200 block of west Franklin Street.

10/24/2024

Why ‘Good Enough’ Isn’t Winning Banks’ Fight Against Fraud

PYMNTS

How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes?

10/24/2024

The Key to Payment Innovation: Rethinking Digital Identity

PYMNTS

You can’t get to what’s next in payments without getting to what’s next in identity.

10/24/2024

Internet Archive Breached Again—Third Cyberattack In October 2024

Forbes

The Internet Archive has confirmed a third security breach on Oct. 20 in what has become a series of escalating cyberattacks. Hackers were able to exploit unrotated Zendesk API tokens to gain access to the platform that manages the archive's support tickets.

10/24/2024

The Financial Institution’s Role in Fighting Account Takeovers

Payments Journal

Despite years of investment in anti-fraud measures, account takeover (ATO) issues continue to plague financial institutions and consumers. Traditional authentication methods have left too many gaps for cybercriminals to exploit, often through easily compromised or acquired credentials.

10/24/2024

Florida Man Sentenced to Federal Prison for Aggravated Identity Theft and Wire Fraud

United States Attorney's Office Middle District of Alabama

Montgomery, Ala. – Today, Acting United States Attorney Kevin Davidson announced the sentencing of a Palm Bay, Florida man to 70 months in prison for using a fake identity to purchase a vehicle.

10/24/2024

Bank fraud scheme sends Georgia man to federal prison for four years

United States Attorney's Office District of Montana

MISSOULA — A federal judge today sentenced a Georgia man to four years in prison, to be followed by five years of supervised release, for a scheme that involved recruiting homeless individuals to cash fraudulent checks at Montana financial institutions, U.S. Attorney Jesse Laslovich said.

10/24/2024

Protecting Young Consumers from Check Fraud via Messaging Apps

OnFocus

MARSHFIELD, WI (OnFocus) – As digital natives, younger generations often rely on mobile banking for convenience and flexibility.

10/23/2024

Phishing Scams & Ransomware: Fortinet's Threat Intelligence Highlights Election Cyber Risks

The Fast Mode

Fortinet, the global cybersecurity leader driving the convergence of networking and security, released its FortiGuard Labs Threat Intelligence Report: Threat Actors Targeting the 2024 U.S. Presidential Election, which reveals and analyzes threats tied to U.S.-based entities, voters, and the electoral process. Key findings from the threat intelligence report include:

10/23/2024

The Global Surveillance Free-for-All in Mobile Ad Data

Krebs on Security

Not long ago, the ability to digitally track someone’s daily movements just by knowing their home address, employer, or place of worship was considered a dangerous power that should remain only within the purview of nation states.

10/23/2024

Man charged in string of bank robberies across Twin Cities

EPLN - Eden Prairie Local News

A man with addresses listed in both Eden Prairie and Woodbury has been charged in a string of bank robberies across the Twin Cities.

10/23/2024

How to avoid TSA PreCheck scams

FTC

No one likes waiting in airport security lines. To speed things up, some people opt to get TSA PreCheck.

10/23/2024

Marquette Police Department finds card skimmer at local business

WZMQ19

MARQUETTE, Mich. (WZMQ) – The Marquette Police Department is reporting they have found a card skimming device on a gas pump at an unnamed business on Wednesday.

10/20/2024

Hunt underway for man who burst into mountain town store with apparent shotgun

The Denver Gazette

A scary situation unfolded during the early morning hours of October 17 in Breckenridge, Colorado.

10/20/2024

FBI Arrests Hacker Behind Fake BTC ETF Approval Tweet From SEC Account

MSN

In a major breakthrough, federal authorities have arrested a suspect in connection with the notorious hack that compromised the Securities and Exchange Commission’s (SEC) X account in January.

10/16/2024

Former Official Accused of Stealing Nearly $700,000 from St. Louis County Charity

United States Attorney's Office Eastern District of Missouri

ST. LOUIS – A former official of a charity that houses adults with intellectual and developmental disabilities has been indicted and accused of embezzling about $690,000 over more than a decade.

10/16/2024

Gmail Users Warned About New Account Takeover Scam: Here’s What to Look For

NTD

A security researcher and one technology startup CEO have warned that some Gmail users could become victim to a sophisticated, AI-based scam that can lead to their accounts being taken over.

10/16/2024

Suspects on the run after reported bank robbery in Colorado Springs

11 News

COLORADO SPRINGS, Colo. (KKTV) - The Colorado Springs Police Department said they were notified of a bank robbery around 1:55 p.m. on Monday.

10/15/2024

American Water restarting systems shut down a week ago by hackers

CBS News

American Water Works — among the nation's biggest water utilities — is restarting systems shut down a week ago after being hacked.

10/15/2024

Stolen Refund Scam: Last-Minute Filers Beware

CBN

Last-minute tax filers could be opening themselves up to becoming victims of fraud. The IRS warns that scammers often prey on tax procrastinators.

10/15/2024

Overland Park Police asking for help to identify woman involved in string of credit card, identity thefts

MSN

The Overland Park, Kansas, Police Department is asking for help to identify a woman from surveillance images linked to several thefts of wallets and identities and the use of stolen credit cards.

10/15/2024

Massive Scale of Chinese Espionage Operations Stuns the West

MSN

This video delves into the massive scale of Chinese espionage efforts across the globe, revealing how China uses sophisticated techniques to gather intelligence and conduct surveillance on an international level.

10/14/2024

Have you fallen for a deepfake yet?

Private Bank Barclays

It’s getting harder and harder to tell what’s real and what's fake in today’s digital world and the rapid advancement of technology. An alarming trend is the increase in "deepfakes”.

10/14/2024

Postal Police frustrated by crimes affecting carriers

WREG.com

MEMPHIS, Tenn. — Postal Police officers say they want to help curb crime but are limited. The union president believes a recent robbery could lead to even more problems.

10/10/2024

Marriott data breach settlement: What it means for consumers

FTC

Marriott settled charges related to a data breach that exposed the information of millions of guests. The company will take steps to better protect customers’ personal information. And it will give customers more control over their information.

10/08/2024

Counterfeit Check Scam Targets Law Firms Via Debt Collection Scheme

FBI

The FBI warns of a counterfeit check scheme in which fraudsters target law firms engaged in collections work by deceptively contracting their services to ultimately defraud them.

10/06/2024

Is Your Small Business Losing Money To Check Fraud?

Forbes

“No, Rieva, I don’t take checks anymore.” I was surprised to hear these words from one of my long-time home service providers, whom I’ve been paying by check for over 15 years.

10/04/2024

Eagan woman pleads guilty to using pandemic fraud money to buy new house, Tesla

Bring Me The News

Kawsar Jama, 42, pleaded guilty to one count of wire fraud in U.S. District Court on Monday.

10/04/2024

Former Salem County Man Admits Role in Stolen Check Scheme

United States Attorney's Office District of New Jersey

CAMDEN, N.J. – A former Salem County, New Jersey, man admitted his role in a scheme involving checks stolen from the mail and other sources, U.S. Attorney Philip R. Sellinger announced today.

10/04/2024

FBI searching for serial bank robber dubbed the ‘Bare-Chested Bandit’

Yahoo News

CHICAGO — The FBI’s Chicago Field Office is investigating a bank robbery that unfolded in the Loop on Tuesday afternoon and it may be just one of several robberies committed by a man who agents are calling the “Bare-Chested Bandit.”

09/27/2024

U.S. Indicts 2 Top Russian Hackers, Sanctions Cryptex

Krebs On Security

The United States today unveiled sanctions and indictments against the alleged proprietor of Joker’s Stash, a now-defunct cybercrime store that peddled tens of millions of payment cards stolen in some of the largest data breaches of the past decade.

09/27/2024

USPS worker accused of stealing $1.5M of checks, pandmemic fraud

Spectrum Local News

ST. LOUIS—A U.S. Postal Service worker is accused of stealing checks with a face value of more than $1.5 million from the mail, according to a federal indictment. He is also facing charges for pandemic fraud.

09/27/2024

72% of Finance Leaders Use AI in Their Operations

PYMNTS

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools could redefine not only operational strategies, but also the essence of customer interactions.

09/27/2024

How to recover from identity theft

FTC

We get it. You hoped the day would never come when you learned someone used your personal information to open new credit accounts in your name.

09/26/2024

Operation AI Comply: Detecting AI-infused frauds and deceptions

FTC

There’s been a lot of hype and excitement about artificial intelligence and all the amazing things it can, or one day might, do.

09/25/2024

‘I've never seen anything like this’: 35 strangers fraudulently added to California woman's Chase credit card as authorized users with the power to charge up to $19K

Money Wise

When Jodi Hayes went on a cruise in August, she didn’t expect to discover that 35 strangers were added onto her Marriott Bonvoy Chase Bank credit card account while she was away.

09/25/2024

Timeshare Owner? The Mexican Drug Cartels Want You

Krebs On Security

The FBI is warning timeshare owners to be wary of a prevalent telemarketing scam involving a violent Mexican drug cartel that tries to trick people into believing someone wants to buy their property.

09/25/2024

Bank robbery suspect sought in Barrington

Fox 32 Chicago

The robbery happened around 1 p.m. at a Chase Bank at 136 W. Northwest Highway, when the suspect demanded money from a bank teller, according to the FBI.

09/23/2024

Hang up on unwanted calls about loans

FTC

People are reporting getting calls (and calls) (and more calls) about their supposed “loan application.” Only they hadn’t applied for a loan. So what’s going on?

09/21/2024

This Windows PowerShell Phish Has Scary Potential

Krebs on Security

Many GitHub users this week received a novel phishing email warning of critical security holes in their code.

09/21/2024

More guilty pleas in Feeding Our Future fraud scheme bring total up to 21

KSTP.com

Federal prosecutors have now reached plea deals with 21 defendants charged in the $250 million Feeding Our Future fraud scheme.

09/19/2024

Is that gift card helping your congregation or paying a scammer?

FTC

You get an email from someone in your place of worship asking you to buy gift cards for a worthy cause. It might look legit, but hold on.

09/16/2024

Woman Sues FirstBank Over $10K Account Breach; Bank Says Transactions Were Made Using Her Card

Vicon Sortium

The lawsuit alleges FirstBank failed to flag suspicious activity, resulting in hackers draining $10,476.86 from the plaintiff’s account. FirstBank contends the transactions were made with the plaintiff’s card, in locations she had previously used it

09/16/2024

Four Miami Residents Charged with Reaping Over $1 Million From Friends and Family Insider Trading Scheme

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

MIAMI – A federal indictment was unsealed today charging four Miami area residents with obtaining over $1 million from illegal securities trading.

09/16/2024

Dyslexia Center of Austin target of fraudulent check scam

Yahoo News

AUSTIN (KXAN) — The Dyslexia Center of Austin (DCA) recently received a massive check from a donor, but the apparent act of charity was actually a cautionary tale.

09/12/2024

New York man arrested for bank fraud and identity theft in connection with stolen $810,000 tax refund check

IRS

BOSTON — A Yonkers, N.Y., man was arrested yesterday in connection with a scheme to steal an $810,000 tax refund by impersonating a corporate executive in Connecticut.

09/12/2024

Why credit card fraud alerts are rising, and how worried you should be about them

CNBC

The rate of credit card fraud alerts is rising, according to Deloitte, often inconveniencing consumers.

09/11/2024

BBB Scam Alert: Double check that QR code before you pay for parking

Better Business Bureau

QR codes are everywhere: signs, ads, menus, and even scams. BBB Scam Tracker has reports about a scam that involves fraudulent QR codes at parking lots, and the FTC has reported on this type of QR fraud as well.

09/11/2024

FFIEC to sunset cybersecurity assessment tool next year

Dodd Frank Update

The Federal Financial Institutions Examination Council (FFIEC) announced it plans on sunsetting its Cybersecurity Assessment Tool (CAT) on Aug. 31, 2025. The CAT has been helping financial institutions identify their risks and determine their cybersecurity preparedness since it was released in June 2015 as a voluntary assessment tool.

09/11/2024

FBI Publishes 2023 Cryptocurrency Fraud Report

FBI

The FBI on September 9 released its Cryptocurrency Fraud Report for 2023. In 2023, the FBI’s Internet Crime Complaint Center received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud involving the use of cryptocurrency, with over $5.6 billion in reported losses.

09/11/2024

Recognize tax scams and fraud

IRS

Scammers mislead you about tax refunds, credits and payments. They pressure you for money, personal, financial or employee information. IRS impersonators try to look like us.

09/11/2024

Alcester Woman Sentenced for Wire Fraud

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

SIOUX FALLS - United States Attorney Alison J. Ramsdell announced today that U.S. District Judge Karen E. Schreier has sentenced an Alcester, South Dakota, woman convicted of Wire Fraud. The sentencing took place on August 19, 2024.

09/10/2024

School district south of Seattle cancels classes Monday due to cyberattack

GeekWire

Highline Public Schools, a 17,500-student district south of Seattle, canceled classes for Monday due to a cyberattack.

09/10/2024

Omaha man accused of attempted bank robbery changes plea

WOWT

OMAHA, Neb. (WOWT) - A man accused of trying trying to rob a bank in Omaha changed his plea Friday, court documents say.

09/10/2024

FBI Publishes 2023 Cryptocurrency Fraud Report

FBI

The FBI on September 9 released its Cryptocurrency Fraud Report for 2023. In 2023, the FBI’s Internet Crime Complaint Center received more than 69,000 complaints from the public regarding cyber-enabled crime and financial fraud involving the use of cryptocurrency, with over $5.6 billion in reported losses.

09/09/2024

US Government Losing $233,000,000,000+ To Fraud Every Year, According to First-Ever Estimate From America’s Accountability Office

The Daily Hodl

A groundbreaking new report shows the US government is losing a staggering amount of money to fraud every year.

09/09/2024

Wynn Resorts paying $130M for letting illegal money reach gamblers at its Las Vegas Strip casino

AP News

LAS VEGAS (AP) — Casino company Wynn Resorts Ltd. has agreed to pay $130 million to federal authorities and admit that it let unlicensed money transfer businesses around the world funnel funds to gamblers at its flagship Las Vegas Strip property

09/09/2024

Cyber-attack targets St. Charles Parish Government

Nola.com

Recently fixed access control SonicOS vulnerability, tracked as CVE-2024-40766, is potentially exploited in attacks in the wild, SonicWall warns.

09/09/2024

U.S. Secret Service and Partners Conduct EBT Fraud and Card Skimming Outreach Operation

U.S. Secret Service

WASHINGTON – The U.S. Secret Service and state and local law enforcement partners conducted a payment card skimming and Electronic Benefit Transfer fraud outreach operation Sept. 5 in Birmingham, Ala., and the surrounding area.

09/04/2024

Cyberattack at Ascension affecting Tennessee hospitals

WSMV 4

NASHVILLE, Tenn. (WMSV) – A major cyber security breach at Ascension is impacting doctors’ abilities to respond to emergencies and some patients are having their appointments postponed, according to the medical group.

09/04/2024

Columbus kept years of the public's driver's license data. Now it's been stolen

The Columbus Dispatch

Every time central Ohioans visit Columbus City Hall and most other municipal government buildings, they scan their driver's license to enter — and all of that information dating back to early 2006 may now be available on the dark web.

09/04/2024

Sextortion Scams Now Include Photos of Your Home

Krebs on Security

An old but persistent email scam known as “sextortion” has a new personalized touch: The missives, which claim that malware has captured webcam footage of recipients pleasuring themselves, now include a photo of the target’s home in a bid to make threats about publishing the videos more frightening and convincing.

09/04/2024

Cash App ordered to pay $15M — and users may be entitled to $2,500 payout

Detroit Free Press

Cash App users could see up to $2,500 sent to their bank accounts soon.

09/04/2024

Texas gang members accused of St. Louis area ATM robbery scheme

MIssourinet

(O’Fallon, MO) — A group of suspected Texas gang members have been arrested after allegedly pulling a scheme to rob an ATM repair man at a St. Louis-area bank.

09/04/2024

Report: UK Regulator Makes Massive Cut to Fraud Reimbursement Plan

PYMNTS

The U.K.’s payment regulator is reportedly making a drastic cut to its fraud reimbursement plan.

09/03/2024

Check-In Time: Hospitality Welcomes Real-Time Payments

PYMNTS

Travelers expect the same seamless payment experience while traveling that they enjoy in other aspects of their daily lives. With so many payment options available, these consumers are increasingly gravitating toward the easiest and fastest method: real-time payments.

09/02/2024

New hotel scam that uses your keycard AFTER you check out – after couple were left £600 out of pocket

The Sun UK

HOLIDAYMAKERS have been warned over a new hotel scam which use their keycards after they check out after one couple was left £600 out of pocket.

09/02/2024

Why federal authorities don't respond to ATM thefts from corner stores

7 Eyewitness News

If thieves steal an ATM out of a bank, it would be an FBI matter with federal charges

09/02/2024

Bitcoin ATM fraudsters scam seniors out of $110M: report

New York Post

Bitcoin ATM scammers successfully targeted senior citizens last year, walking away with $110 million in schemes that often start out with a “concerned” customer service phone call.

09/02/2024

Chase Bank 'Glitch' Goes Viral: What We Know, Don't Know

MSN

An apparent "glitch" at Chase Bank that allowed people to withdraw large amounts of money from their accounts without having the funds has gone viral on social media.

08/30/2024

Hawaiʻi-Issued REAL IDs can be added to Apple Wallet beginning August 28

Hawaii Department of Transporation Administration

HONOLULU – REAL ID-compliant Hawaiʻi driver’s licenses and state identification cards can be added to iPhone and Apple Watch as of August 28, 2024.*

08/30/2024

FBI offering reward for info on Lawrence bank robbery

The Lawrence Times

The FBI is offering a reward of “up to $2,000” for information leading to the arrest and conviction of the person who robbed Bank of America in Lawrence last month.

08/27/2024

Man wanted in series of bank robberies across central North Carolina, police say

CBS 17

CHAPEL HILL, N.C. (WNCN) – A man wanted in a bank robbery in Granville County over the weekend has struck again in Chapel Hill.

08/27/2024

FBI Says Stopping Online Fraud and Scams Requires New Focus

Government Technology

The FBI launched a new nationwide campaign this past week to raise awareness of the surge in online fraud and scams impacting the public and to encourage reporting to law enforcement.

08/27/2024

Second suspect arrested in Myrtle Beach ATM robbery

WMBF News

MYRTLE BEACH, S.C. (WMBF) - A few weeks after police arrested the first suspect in an ATM robbery in Myrtle Beach, a second suspect has been taken into custody.

08/27/2024

SEA Airport travelers dealing with long lines due to cyberattack

King5.com

It's unclear when the cyberattack will be resolved, airport officials said.

08/27/2024

FBI Announces Nationwide 'Take A Beat' Campaign to Increase Awareness of Frauds and Scams

FBI

Today, the FBI announces the launch of a nationwide effort to raise awareness of the frauds and scams impacting the public and encourage reporting to law enforcement. Throughout this campaign, the FBI will share information with the public to highlight different types of fraud and scams, tips for identifying them and preventing losses, and how victims can report to protect others.  

08/27/2024

New 0-Day Attacks Linked to China’s ‘Volt Typhoon’

Krebs on Security

Malicious hackers are exploiting a zero-day vulnerability in Versa Director, a software product used by many Internet and IT service providers.

08/26/2024

Quantum-Powered AI Knocking on the Enterprise Business Door

PYMNTS

Technical innovations are often overinterpreted in the short term and underestimated in the long term.

08/25/2024

Denver FBI and Aurora police looking for bank robbery suspect

KKTV

DENVER (KKTV) - On Wednesday at 4:09 p.m., the Wells Fargo bank at 9000 East Colfax Ave. in Aurora was robbed by a suspect pretending to have a weapon, Denver FBI said.

08/25/2024

Major airport has HUNDREDS of flights delayed - as officials reveal chilling possible reason

Daily Mail

A possible cyber attack prompted massive delays at Seattle-Tacoma International Airport early Saturday morning - and passengers were asked to check with their airline for information.

08/25/2024

FBI Says Stopping Online Fraud and Scams Requires New Focus

Government Technology

The FBI launched a new nationwide campaign this past week to raise awareness of the surge in online fraud and scams impacting the public and to encourage reporting to law enforcement.

08/23/2024

Five ways to keep scammers and hackers away

FTC

We’re living in the data age. The things we do on our phones and computers, on our internet-enabled smart devices, and on websites leave a trail of our activities and our personal information.

08/23/2024

Local Networks Go Global When Domain Names Collide

Krebs On Security

The proliferation of new top-level domains (TLDs) has exacerbated a well-known security weakness: Many organizations set up their internal Microsoft authentication systems years ago using domain names in TLDs that didn’t exist at the time.

08/22/2024

German Authority Seizes 13 Unauthorized Crypto ATMs

Bitcoin.com

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations.

08/22/2024

Gift card scams generate billions for fraudsters and industry as regulators fail to protect consumers − and how one 83-year-old fell into the ‘fear bubble’

The Conversation

Wednesday morning, the day before Thanksgiving, Mae awoke, set her hair in curlers and switched on her laptop.

08/22/2024

Man gets 6.5 years in federal prison for 2021 bank robbery, holding bank employees hostage

KSTP 5

A 39-year-old man was sentenced to over six years(78 months) in federal prison for a bank robbery in 2021 in which he took employees hostage.

08/22/2024

Skyfire CEO Says AI Agents Need New AI Payments Rails

PYMNTS

A new startup is addressing a significant challenge in artificial intelligence: enabling AI agents to independently manage financial transactions.

08/20/2024

FBI Announces Nationwide 'Take A Beat' Campaign to Increase Awareness of Frauds and Scams

FBI

Today, the FBI announces the launch of a nationwide effort to raise awareness of the frauds and scams impacting the public and encourage reporting to law enforcement.

08/20/2024

ID Talk: Walking the Privacy Tightrope in Identity Fraud Prevention with AuthenticID’s Chris Borkenhagen

Fined Biometrics

On the latest episode of the ID Talk podcast, hosts Tony Bitzionis and Alex Perala are joined by Chris Borkenhagen, the Chief Digital Officer and Chief Information Security Officer of AuthenticID.

08/20/2024

Massive Cyber Attack On AWS Targets 230 Million Unique Cloud Environments

CyberSecurity

A complex large-scale campaign was detected by Unit 42 researchers that manipulated and extorted several organizations using cloud systems.

08/20/2024

Security Alert: U.S. Political Donation Sites at Risk

Security Boulevard

With the upcoming U.S. presidential election, there has been a recent surge in campaign donations, resulting in large volumes of transactions being processed by donation platforms, making them attractive targets for cybercriminals.

08/19/2024

Baton Rouge Man Sentenced to 75 Months in Federal Prison for Interference with Commerce by Robbery

United States Attorney's Office Middle District of Louisiana

United States Attorney Ronald C. Gathe, Jr., announced that U.S. District Judge Brian A. Jackson sentenced Tyler Dunn, age 23, of Baton Rouge, Louisiana, to 75 months in federal prison following his conviction for interference with commerce by robbery. In addition to the term of imprisonment, the Court further sentenced Dunn to serve three years of supervised release.

08/19/2024

77% of Consumers Expect Banks to Use AI to Fight Fraud

PYMNTS

Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security.

08/19/2024

NCPA Sues UnitedHealth and Subsidiaries for Massive Cyber Attack

Population Health Learning Network

The National Community Pharmacists Association (NCPA) announced late July 2024 that it, along with dozens of providers from numerous states, had filed a class action lawsuit against UnitedHealth Group and its subsidiaries, Change Healthcare and Optum, due to a ransomware attack.

08/19/2024

Ukrainian digital bank fights off massive DDoS attack for third day

Euromaidan Press

Monobank co-founder Oleh Horokhovskyi said an ongoing DDoS attack of unprecedented scale, with over 5.5 billion requests received so far.

08/19/2024

Social Security Number Hack May Produce New Fraud Vector

PYMNTS

Earlier this year, hackers stole the data of 2.9 billion people from a broker.

08/16/2024

Don’t send your Social Security number to an “employer” on WhatsApp. It’s a scam

FTC

You get a text message with a job offer that pays hundreds of dollars a day for doing remote work. It might sound tempting, but here’s the catch: they ask you to text them your Social Security number. Don’t share it. It’s a scam.

08/16/2024

Local check fraud cases increase

WBAY First Alert 2

GREEN BAY, Wis. (WBAY) - The number of checks we use to pay for things is down, but the amount of check fraud is up.

08/15/2024

Steps to take to protect yourself from identity theft after massive social security data breach

6 ABC

PHILADELPHIA (WPVI) -- A data breach involving billions of social security numbers has consumer advocates urgently sounding an alarm. If you haven't taken steps to protect yourself from identity theft yet, experts said you need to do so immediately.

08/15/2024

NationalPublicData.com Hack Exposes a Nation's Data

Krebs On Security

A great many readers this month reported receiving alerts that their Social Security Number, name, address and other personal information were exposed in a breach at a little-known but aptly-named consumer data broker called NationalPublicData.com.

08/15/2024

Man Arrested For Human Trafficking in Roxboro NY

YouTube

A New York man was arrested in Roxboro in a human trafficking case that involves a 65-year-old woman.

08/15/2024

Department of Human Services Warns of EBT Card Scams

ELRC

Pennsylvania’s Department of Human Services is warning that scammers are skimming electronic benefit transfer (EBT) cards to steal benefits from state residents.

08/13/2024

Suspect in West Knoxville Truist Bank Robbery Apprehended by Knoxville Police with FBI Collaboration

Hoodline

The Knoxville Police Department has swiftly captured a suspect following a bank robbery in West Knoxville, as confirmed by the Knoxville Police Communications Manager Scott Erland.

08/13/2024

Got a barcode from your utility company to make a payment? That’s a scam

FTC

Getting an urgent call from what sounds like your utility company might make you think: Did I forget to pay my bill?

08/13/2024

Stolen mail in Massachusetts city has cost postal customers thousands of dollars

CBS News Boston

FRANKLIN - Investigators believe a suspect who has stolen mail from blue postal service mailboxes in Franklin, Massachusetts was able to break into the boxes using keys stolen from a letter carrier.

08/13/2024

Collaborative Defense: The Role of ‘Intelligent Friction’ and AI in Fraud Prevention

PYMNTS

Every now and then, an executive in the payments business comes up with a catchphrase that captures a complex concept, and you know it’s going to resonate.

08/11/2024

Safeguard your personal information: Here are some tips in wake of reported breach

CBS Austin

(TND) — The personal data of nearly 3 billion people have reportedly leaked onto the dark web following the unconfirmed breach of a background check company.

08/09/2024

Money Minute: Stop writing checks

KSTP.com

In this edition of Money Minute, Paul Folger covers why money experts are saying to stop writing checks.

08/09/2024

Identity theft for children on the rise

Star Tribune

We're told to monitor our credit, to protect ourselves from identity theft. But who knew to apply that same wisdom to our offspring?

08/08/2024

Low-Drama ‘Dark Angels’ Reap Record Ransoms

Krebs On Security

A ransomware group called Dark Angels made headlines this past week when it was revealed the crime group recently received a record $75 million data ransom payment from a Fortune 50 company.

08/07/2024

Police recover over USD 40 million from international email scam

Interpol

LYON, France: A global stop-payment mechanism developed by INTERPOL has helped Singapore authorities make their largest ever recovery of funds defrauded in a business email compromise scam.

08/07/2024

4 men stole hundreds of checks from mail, altered them in NJ scam, officials say

NBC Philadelphia

Four men from southern New Jersey have been charged with stealing and creating hundreds of fraudulent checks that they attempted to cash at banks across the region, officials said.

08/07/2024

Moving Faster Than Ever: Real-Time Payments in the Transportation Industry

PYMNTS

Transportation firms specialize in moving people and products as quickly, efficiently and safely as possible. Naturally, their payment systems should embody these same principles. However, achieving fast and secure transactions often proves more challenging than anticipated.

08/04/2024

St. Paul woman pleads guilty to identity theft

Star Tribune

A St. Paul woman admitted her guilt in a ring that stole hundreds of identities; three others are accused.

08/04/2024

4.3 million Americans exposed in massive health savings account data breach

Yahoo

Health savings account (HSA) provider HealthEquity experienced a massive data breach that has put over 4.3 million Americans' information at risk.

08/04/2024

Auburn woman and 5 others indicted for bank fraud scheme

Auburn Examiner

Six people were indicted for conspiracy to commit bank fraud, six counts of bank fraud, and six counts of aggravated identify theft – including a woman from Auburn – for their scheme to steal more than $345,000 from a western Washington credit union, announced U.S. Attorney Tessa M. Gorman.

08/04/2024

Million volts help power latest Craigslist robbery

Star Tribune

Two men allegedly armed with a stun gun in St. Paul are latest accused of using ads on the website to find targets.

08/02/2024

Don’t Let Your Domain Name Become a “Sitting Duck”

Krebs On Security

More than a million domain names — including many registered by Fortune 100 firms and brand protection companies — are vulnerable to takeover by cybercriminals thanks to authentication weaknesses at a number of large web hosting providers and domain registrars, new research finds.

08/02/2024

New Android Banking Trojan BingoMod Steals Money, Wipes Devices

The Hacker News

Cybersecurity researchers have uncovered a new Android remote access trojan (RAT) called BingoMod that not only performs fraudulent money transfers from the compromised devices but also wipes them in an attempt to erase traces of the malware.

08/02/2024

Police: Bank loses $25,000+ after man cashes fraudulent check

KAIT 8

JONESBORO, Ark. (KAIT) - Police arrested a Jonesboro man accused of fraudulently cashing a check at a bank, causing it to lose over $25,000.

08/02/2024

Companies Assess Compliance as EU’s AI Act Takes Effect

PYMNTS

The European Union’s AI Act came into force Thursday (Aug. 1), establishing the world’s first comprehensive regulatory framework for artificial intelligence and setting new compliance standards for businesses worldwide.

08/01/2024

Why New Use Cases Like Pay by Bank Will Fast-Track FedNow

PYMNTS

Since the FedNow® Service went live last July, more than 900 have banks have signed up, per the Federal Reserve.

07/30/2024

Microsoft wants Congress to outlaw AI-generated deepfake fraud

The Verge

Microsoft is calling on members of Congress to regulate the use of AI-generated deepfakes to protect against fraud, abuse, and manipulation.

07/30/2024

CFPB to distribute over $8 million to consumers harmed by All American Check Cashing, Inc.

CFPB

In July, 43,647 consumers harmed by All American Check Cashing, Inc., will begin receiving refund checks in the mail.

07/30/2024

Will Earned Wage Access Unlock FedNow Sender Adoption?

PYMNTS

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals.

07/29/2024

Why Zelle scams worry lawmakers so much — and how they could hurt you

Market Watch

Zelle, a free app for transferring money between people, has the attention of lawmakers who say the app is failing to protect users who fall victim to scammers.

07/29/2024

Feds Link Kansas Hospital Cyber Attack to North Korea

GovTech

A federal grand jury has indicted a North Korean national for his part in an alleged hacking and extortion conspiracy that targeted a Kansas hospital, NASA, U.S. Air Force bases and health-care entities from Colorado to Florida.

07/29/2024

Ukraine’s cyber operation shut down the ATM services of major Russian banks

Security Affairs

Ukraine launched a massive cyber operation that shut down the ATM services of the biggest Russian banks on July 27, reported the Kyiv Post.

07/29/2024

Warning from feds: Don’t cash that check

Oregon Live

Scammers are always trying to find ways to separate you from your money and the latest scheme has federal officials issuing a strong warning: Don’t cash that check.

07/29/2024

Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments

PYMNTS

True seismic shifts in payments occur over the course of years — not months.

07/25/2024

Nacha’s Upcoming Rules Take a New Approach to Fighting Fraud

PaymentsJournal

Facing a continuing rise in fraud and fraud attempts against financial institutions, Nacha has announced new rules to help organizations mitigate these risks. These new rules will take time to implement, so institutions should begin preparing now rather than waiting until the rules go into effect.

07/24/2024

Scammers target young adults on social media with fake check scam

FTC

Did you get a message on social from an “artist” asking to pay you for permission to paint your photo? It’s a scam. They don’t want to pay you — they want to take your money.

07/24/2024

Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices

PYMNTS

Enforcement actions and fines from regulators — the Federal Reserve, the Office of the Comptroller of the Currency and others — highlight the growing scrutiny on anti-money laundering (AML) efforts.

07/24/2024

Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion

PYMNTS

The eternal debate in financial services technology boils down to build vs. buy, and whether to rip and replace core banking operations. Banks have invested a lot of time and money in those core systems — they have a lot of data there too — and so they are loath to give up legacy tech.

07/24/2024

Police nab 17-year-old linked to group behind MGM Resorts cyberattack

Cyberscoop

A 17-year-old arrested by British police Thursday is believed to be a member of the cybercriminal gang behind last year’s ransomware attack on MGM Resorts and a number of other major companies.

07/24/2024

Security Summit urges tax pros to watch out for identity theft red flags

IRS

WASHINGTON — In the third part of a special series, the Internal Revenue Service and the Security Summit partners today urged tax professionals to learn the signs of data theft so they can respond quickly to protect their business and their clients.

07/23/2024

Spain arrests three 'Pro-Russian' hackers linked to cyberattacks

The Express Tribune

MADRID: Three pro-Russian hackers have been arrested for alleged cyberattacks against Spain and other NATO countries for terrorist purposes, Spanish police said on Saturday.

07/22/2024

Police fatally shoot armed suspected bank robber after Waikiki standoff

Yahoo News

A suspect in three bank robberies pointed a weapon at Honolulu police officers who then fatally shot the man early this morning after an hours-long barricade standoff in Waikiki, according to Police Chief Arthur “Joe ” Logan.

07/22/2024

Spain arrests three 'Pro-Russian' hackers linked to cyberattacks

The Express Tribune

MADRID: Three pro-Russian hackers have been arrested for alleged cyberattacks against Spain and other NATO countries for terrorist purposes, Spanish police said on Saturday.

07/22/2024

CrowdStrike Aftermath: Five Things You Need to Know

PYMNTS

It wasn’t a hack, cyberattack or even a sophisticated scam. The chaos that hit everything from airlines to hospitals to banks on Friday (July 19) was caused by a faulty software update from security company CrowdStrike.

07/22/2024

Fending Off Fraud in Digital Banking

PYMNTS

Digital banking has become prime hunting ground for fraudsters who perpetrate schemes as diverse — and dynamic — as they are devastating.

07/19/2024

Los Angeles County Man Pleads Guilty to Identity Theft Offenses Committed While in Federal Prison

United States Attorney's Office Eastern District of California

FRESNO, Calif. — Sean Lamont Wyatt, 46, of Los Angeles County, pleaded guilty today to identity theft and aggravated identity theft, United States Attorney Phillip A. Talbert announced.

07/19/2024

Ripple CEO: US Crypto Rules Lag Amid ‘Interminable’ Lawsuits

PYMNTS

Ripple’s CEO says the cryptocurrency industry is still seeking regulatory clarity from the U.S.

07/19/2024

Global Microsoft Meltdown Tied to Bad Crowdstrike Update

Krebs on Security

A faulty software update from cybersecurity vendor Crowdstrike crippled countless Microsoft Windows computers across the globe today, disrupting everything from airline travel and financial institutions to hospitals and businesses online

07/16/2024

BBB Offers Tips to Protect You Against Scams During Amazon Prime Day

Clarksville Online

Nashville, TN – With Amazon Prime Day approaching on July 16th, Better Business Bureau (BBB) is focused on safeguarding consumers from potential scams as they hunt for the best deals.

07/15/2024

Victim explains how Amazon account was hacked using 'credential stuffing'

The National Desk

SEATTLE — A new, massive data breach exposing text messages and call data of nearly all customers of AT&T was confirmed by the telecommunications giant Friday.

07/15/2024

This form of identity theft is on the rise. Here's what to know.

Fast Company

One Monday morning in May, I woke up and grabbed my cell phone to read the news and scroll through memes. But it was out of cell service. I couldn’t make calls or texts.

07/15/2024

The Bizarre Bank Robbery That Involved a Pizza Deliveryman With a Bomb Chained Around His Neck

MSN

A pizza delivery man robbed a bank in Pennsylvania, and soon died in a bomb blast as police tried to get hold of him. The case continued to boggle investigators for years, revealing one twist after another.

07/15/2024

Mobile banking: alarm as fraudsters take over handsets and raid accounts

The Guardian

The risks of doing banking on your mobile handset have been underlined by the stories of Guardian Money readers who had their mobiles taken over by fraudsters, who then emptied their bank accounts.

07/15/2024

One Tech Tip: Protecting yourself against SIM swapping

Yahoo Finance

NEW YORK (AP) — SIM-swapping is a growing form of identity theft that goes beyond hacking into an email or social media account. In this case, the thieves take over your phone number. Any calls or texts go to them, not to you.

07/15/2024

Researchers: Weak Security Defaults Enabled Squarespace Domains Hijacks

Krebs on Security

At least a dozen organizations with domain names at domain registrar Squarespace saw their websites hijacked last week.

07/11/2024

Does a friend you met online need money for an emergency? That’s a scam

FTC

If your new online friend or romantic interest says they have an emergency and need money, it might not mean they have bad luck. It’s more likely they’re a scammer trying to grab your money. So, how can you tell if an online “friend” is a fraud?

07/11/2024

The Clearing House’s RTP network logs Q2 records

Payments Dive

The real-time payments system has been growing its roster of banks and credit unions, as it newly competes with the Federal Reserve’s FedNow service.

07/11/2024

6 accused of stealing $300,000 with skimming devices in Massachusetts, 5 other states

CBS News

PROVIDENCE, RI - Four of six foreign nationals have been charged in federal court for allegedly installing "skimming" devices on ATMs and at store checkouts in Massachusetts, Rhode Island and at least four other states.

07/11/2024

Portland Man Sentenced to Federal Prison for Role in Fraud Scheme

United States Attorney's Office District of Oregon

PORTLAND, Ore.—A Portland man was sentenced to federal prison today for his role in a scheme to steal large quantities of mail and use victims’ personal and financial documents and information to fraudulently obtain apartment leases, open bank accounts without authorization, and acquire other goods and services.

07/11/2024

Chelsea Man Pleads Guilty to Selling Fake Social Security Cards and Green Cards

United States Attorney's Office District of Massachusetts

BOSTON – A Chelsea man pleaded guilty yesterday to selling fraudulent Social Security cards and Legal Permanent Resident cards, often referred to as “Green Cards.”

07/11/2024

Sonar Launches “Red Flag” Service to Help Banks and Fintechs Verify If Their Customer Data Has Been Leaked in Recent Breaches

Morning Star

Sonar Launches “Red Flag” Service to Help Banks and Fintechs Verify If Their Customer Data Has Been Leaked in Recent Breaches

07/11/2024

Montgomery mailman convicted of stealing checks and financial information

Yellow Hammer

A former Montgomery postal carrier is facing 20 years in prison after being convicted of one count of postal theft by an employee and three counts of mail fraud.

07/10/2024

Microsoft Patch Tuesday, July 2024 Edition

Krebs on Security

Microsoft Corp. today issued software updates to plug at least 139 security holes in various flavors of Windows and other Microsoft products.

07/10/2024

What the Tech? Credit card skimmers

KWCH 12 News

WICHITA, Kan. (KWCH) -Credit Card Skimmers on the Rise: How to Protect Yourself.

07/10/2024

Discover: Tokenization Removes Friction for Card-Not-Present Transactions

PYMNTS

Maybe there’s one bit of stolen digital information fraudsters can’t make use of: tokens.

07/10/2024

New York Man and Canadian National Plead Guilty to Multimillion-Dollar Export Control Scheme

Office of Public Affairs U.S. Department of Justice

Defendants Exported Millions of Dollars of Electronics Used by Russia in Missiles and Drones

07/10/2024

Check fraud has become a major problem within the financial industry

Business Alabama

Ask most people younger than around age 35 about check fraud, and their response likely will be something along the lines of, “Wait, people still use checks?”

07/10/2024

2nd person arrested, accused of aiding Columbus bank employee in $480K worth of fraud

Yahoo News

A second person has been arrested in a Columbus fraud case that involved hundreds of thousands of dollars being stolen, according to the Columbus Police Department.

07/09/2024

A Quarter of New Online Accounts Are Fake - Report

Infosecurity Magazine

There was an 85% year-on-year increase in attacks targeting logins or account creation in 2021 as bot-driven fraud attempts soared, according to Arkose Labs.

07/09/2024

Second arrest made in Navy Federal Credit Union fraud investigation

News 3 WRBL

COLUMBUS, Ga. (WRBL) — A second arrest has been made in an ongoing fraud investigation involving Navy Federal Credit Union.

07/09/2024

Payments industry to use AI to detect fraud, improve efficiency

Payments Dive

Research from the investment bank Jefferies suggests generative artificial intelligence could be used in the payments industry to improve fraud detection and make transactions happen faster.

07/08/2024

String of ATM armed robberies lands two New Orleans men in jail

WGNO

ST. TAMMANY PARISH, La. (WGNO) — A recent string of armed robberies at ATMs may have come to an end after investigators arrested two New Orleans men.

07/08/2024

Florida Department of Health among organizations targeted in recent cybersecurity attacks

WCTV

TALLAHASSEE, Fla. (WCTV) - Recent cyber attacks have jeopardized personal patient information throughout Florida.

07/08/2024

FBI asking for information in Rio Rancho bank robbery

KRQE News

RIO RANCHO, N.M. (KRQE) – The FBI and Rio Rancho Police Department are asking for information on a bank robbery on Friday. They said a man entered the New Mexico Bank & Trust on Southern Blvd. in Rio Rancho with a gun and demanded money.

07/08/2024

Got a call about fraud activity on your bank account? It could be a scammer

FTC

Did someone supposedly spot fraud or criminal activity on one of your accounts?

07/03/2024

Birmingham man gets prison time for using illegally purchased postal keys to steal mail

AL.com

A Birmingham man has been sentenced to federal prison after he bought two specialized keys from a postal worker that he used to steal mail from outside drop boxes.

07/03/2024

Group claiming to be migrant workers cashes fraudulent checks at businesses, banks across Georgia

Yahoo News

The Georgia Bureau of Investigation hopes you can help them identify a group of men connected to a check fraud ring.

07/03/2024

Suspect caught after robbery incident in Olive Branch

Desota County News

July 1 – Olive Branch Police say officers responded to a robbery call from the Olive Branch City about 6:15 a.m. this morning and later captured the suspect in the case.

07/02/2024

St. Tammany Parish Sheriff's Deputies looking for suspect in Covington armed robbery

WBRZ

COVINGTON — The St. Tammany Parish Sheriff's Office is searching for a suspect who robbed a man at gunpoint while he was using an ATM in Covington Friday night.

07/02/2024

Bank robber hands note to teller demanding one cent

Villages-News

A bank robbery suspect was arrested after handing a teller a note demanding one cent.

07/02/2024

Deepfakes and voice clones are undermining election integrity

Help Net Security

As the volume of digital business rises year over year, the potential for AI-enhanced digital fraud increases with it, according to TeleSign.

07/02/2024

FTC Acts to Stop UnauthorDefendants Allegedly Participated in Unauthorized Billing Scheme Involving CBD and Keto-Related Productsized Billing Scams That Have Taken in Over $200 Million from Consumers

FTC

07/01/2024

Man robbed of phone, keys, bank card while at Nashville bank, police say

WSMV 4

NASHVILLE, Tenn. (WSMV) - A man says he was robbed Sunday morning while at Regions Bank on Clarksville Pike in the Bordeaux area of Nashville, according to an arrest affidavit.

07/01/2024

New Orleans police respond to five robberies in approximately four hours

Nola.com

New Orleans police responded to a string of armed robberies Saturday evening and into early Sunday morning, according to a police report.

07/01/2024

Backlog of identity theft cases at IRS leaving many without refunds

The Signal

A backlog of identity theft cases at the Internal Revenue Service is growing, hitting 500,000 in April, according to a new report from National Taxpayer Advocate Erin Collins.

07/01/2024

Arrest made in one Elgin bank robbery the same week another Elgin bank was held up, FBI says

MSN

Sep. 2—The same week the FBI announced a man had been arrested on he charges he robbed an Elgin bank another bank in Elgin was robbed, officials said.

06/29/2024

Armored truck guard dies after robbery near North Shore Bank Milwaukee

MSN

The armored truck guard who was shot during a robbery near North Shore Bank has died, said Milwaukee police.

06/29/2024

Utah Man Convicted of Impersonating a Federal Officer and Wire Fraud

United States Attorney's Office Eastern District of Wisconsin

Gregory J. Haanstad, United States Attorney for the Eastern District of Wisconsin, announced that on June 25, 2024, Juan Carlos Martinez-Napoles (age: 38) of Utah, was sentenced to 15 months in federal prison for impersonating a federal officer and wire fraud. He was also ordered to pay restitution to the victims of his crime and to serve two years on supervised release following his prison sentence.

06/28/2024

Unexpected messages on social media about investing are almost always scams

FTC

With so many people on social media, it’s no surprise that scammers are there, too. A scammer might, for example, send you a message on Facebook, LinkedIn, or WhatsApp offering a chance to invest in cryptocurrency. But there’s no investment opportunity — just a scammer trying to take your money.

06/28/2024

US Car Dealers Confront Another Growing Threat: ID Fraud

PYMNTS

For many consumers, the summer season means road trips powered by rental cars or new vehicle purchases. This brief explores how fraud prevention fits into the equation and details the history and future of identity verification for the automotive industry.

06/27/2024

Judge sentences identity theft and fraud defendant to 46 months despite not believing he has learned lesson

Northwest Arkansas Democrat Gazette

Despite saying that he didn't believe the defendant had learned from his mistakes, a federal judge on Tuesday sentenced the man to 46 months in federal prison, the lower end of a sentencing guideline, for identity theft and fraud.

06/27/2024

There’s Good News, Bad News in the Latest Statistics on Identity Theft

Digital Transactions

The number of identity-theft cases fell last year, but criminals are getting savvier about how to win their victims’ confidence, with more of them relying on newer tools like artificial intelligence. And credit cards and other financial products remain a top target.

06/27/2024

Goodbye Checks, Hello Progress: AR Automation Unlocks Growth Potential

PYMNTS

Commercial payments are never just payments. More than the money movement itself, business payments comprise the workflows and data surrounding and supporting them.

06/27/2024

Omaha Police search for bank robber after Saddle Creek branch hit Saturday

WOWT News 6

OMAHA, Neb. (WOWT) - Police are looking for the public’s help in a robbery investigation.

06/26/2024

Vermont State Police looking for whoever stole town's front-end loader and used it to steal ATM

NECN

Authorities did not say if any money was taken from the ATM machine

06/26/2024

Former Lawton bank exec pleads guilty to fraud

Southwest Ledger

OKLAHOMA CITY – A former bank executive from Lawton admitted defrauding his employer of more than a million dollars “to support my gambling addiction.”

06/25/2024

Planning to drive in another country? Here’s how to avoid International Driver’s Permit scams

FTC

Wondering if you need an international license to drive in a country you’re visiting? Every country has its own rules for visitors who want to drive. In some, like Canada, your U.S. driver’s license is all you need

06/24/2024

Elderly woman robbed at Rocky Mount bank, suspect wanted, police say

MSN

ROCKY MOUNT, N.C. (WNCN) — A suspect is wanted after an elderly woman was robbed at a Rocky Mount bank on Friday afternoon, according to police.

06/24/2024

AI-Powered Vacation Scams Show Up Right on Time

PYMNTS

As travelers pack their bags for long-awaited summer trips, a new breed of scammer is tagging along — powered by artificial intelligence (AI).

06/24/2024

The Morning After: Elon Musk deepfakes are pushing crypto giveaways

MSN

It’s been a weekend of crypto scams, hacks and deepfake chaos. Late on Friday, someone hacked 50 Cent’s accounts to push memecoin GUNIT and made off with millions.

06/24/2024

'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS

Reason

You can add the Internal Revenue Service to the ranks of federal agencies conceding that raining taxpayer money on all and sundry to offset the negative effects of pandemic-era closures didn't go as well as intended.

06/20/2024

Suspect in bank robbery faces federal charges

KELO Land

SIOUX FALLS, S.D. (KELO) — A Sioux Falls bank robbery suspect now faces federal charges.

06/20/2024

KrebsOnSecurity Threatened with Defamation Lawsuit Over Fake Radaris CEO

Krebs on Security

On March 8, 2024, KrebsOnSecurity published a deep dive on the consumer data broker Radaris, showing how the original owners are two men in Massachusetts who operated multiple Russian language dating services and affiliate programs, in addition to a dizzying array of people-search websites.

06/20/2024

Dozens of metro Detroit car dealers impacted by cyberattack on software company

WXYZ 7 Detroit

DEARBORN, Mich. (WXYZ) — A cyberattack on a little-known company to most Americans is having a huge impact on car dealerships — and potentially their customers — nationwide.

06/20/2024

Check fraud scam

FYN News Sports TV

PRESS RELEASE – The White County Sheriff’s Office has seen an increase in check fraud, which involves checks being stolen and altered.

06/20/2024

Bank employee, police thwart $20,000 scam

Eden Prairie Local News

An “astute bank employee and a quick response from police” on June 13 prevented an elderly man from losing $20,000 to a scammer, the Eden Prairie Police Department (EPPD) reported Thursday on its blog.

06/19/2024

Oahu public transportation targeted in cyber attack

KHON

HONOLULU (KHON2) — City officials are still working to restore TheBus and TheHandi-Van websites after they went down on Saturday, June 15.

06/19/2024

US Federal Reserve Board issues cease and desist order against Evolve Bank

Fintech Futures

The US Federal Reserve Board has penalised Evolve Bancorp and its subsidiary, Evolve Bank & Trust, for multiple “deficiencies” in the bank’s risk management, anti-money laundering (AML) and compliance practices.

06/18/2024

A homemade cell tower allowed fraudsters in the UK to bombard people with scam texts

TechSpot

WHAT JUST HAPPENED? British authorities have arrested two suspects for allegedly running a "homemade mobile antenna" to send thousands of spam texts impersonating banks and other organizations. It's being called the first scheme of its kind uncovered in the UK.

06/18/2024

2 suspects arrested in multi-state bank robberies

TirState Homepage

Evansville, In. (WEHT)- Police say they have solved a multi-state crime spree with ties to Evansville.

06/18/2024

19 year old sentenced to community service for fake ID operation

Valley News Live

FARGO, N.D. (Valley News Live) - A man accused of making tens of thousands of dollars off of a fake ID operation in north Fargo has pleaded guilty and was sentenced in the case.

06/17/2024

Alleged Boss of ‘Scattered Spider’ Hacking Group Arrested

Krebs on Security

A 22-year-old man from the United Kingdom arrested this week in Spain is allegedly the ringleader of Scattered Spider, a cybercrime group suspected of hacking into Twilio, LastPass, DoorDash, Mailchimp, and nearly 130 other organizations over the past two years.

06/17/2024

3 adults, 1 juvenile arrested in connection with Atlantic Ave armed robbery

WAVY 10

VIRGINIA BEACH, Va. (WAVY) – Four people, including one minor, were arrested in connection with an armed robbery on Thursday.

06/17/2024

UK Wants to Turn Faster Payments Into Four-Day Payments

PYMNTS

When it comes to innovation, the United Kingdom can find itself on a literal island. And the kingdom’s latest regulatory push, one that is targeting authorized push payment (APP) fraud, has left observers wondering whether that island may be sinking.

06/17/2024

Recognize business and government imposters who want your money

FTC

Scammers pretending to be from the government tell convincing stories to steal your money or personal information. But now they’re taking a new, layered approach — and here are some clues to spot it.

06/17/2024

US Cyber Trust Mark

UL Solutions

A cybersecurity labeling program for smart devices designed to give consumers the tools needed to make informed decisions in regard to security when purchasing products to bring into their homes.

06/10/2024

Visa Says 10 Billion Tokenized Payments Are Just the Beginning

PYMNTS

The modern consumer more and more demands convenience and seamlessness across their daily lives. This simple, singular fact has served as a benchmark for much of the innovation defining the payments and commerce landscape of the past few decades.

06/10/2024

Bag of cash doesn't stop jurors from convicting 5 of 7 defendants in $40M fraud scheme

KSL.com

MINNEAPOLIS — A jury convicted five Minnesota residents and acquitted two others on Friday for their roles in a scheme to steal more than $40 million from a program that was supposed to feed children during the coronavirus pandemic.

06/07/2024

Secret Service intelligence in Camden County wire fraud case leads to drug trafficking arrests

104.5WOKV

CAMDEN COUNTY, Ga. — An extensive investigation by county agencies and the Secret Service into wire fraud also led to three drug arrests.

06/07/2024

Former Postal Employee Charged with Stealing Checks from Mail; Fraud and Identity Theft Offenses

United States Attorney's Office District of Connecticut

Vanessa Roberts Avery, United States Attorney for the District of Connecticut, and Ketty Larco-Ward, Inspector in Charge of the U.S. Postal Inspection Service, Boston Division, today announced that a federal grand jury in New Haven has returned a 10-count indictment charging KIERRA BLOUNT, 34, of Stamford, with fraud, identity theft, and mail theft offenses.

06/07/2024

Davenport caretaker with meth stole thousands from elderly victim, police allege

ourquadcities.com

A 50-year-old home caretaker is in custody after police allege she stole thousands from an elderly victim with ALS, according to court records.

06/06/2024

Commercial Cards and Automation Are Transforming the AR Function

PYMNTS

Moving analogue and manual processes to automated, digital ones represents the future of B2B payments.

06/05/2024

Woman uses fake passport to steal tens of thousands from Washingtonians' bank accounts

Yahoo News

EVERETT, Wash. - Everett Police say the same woman wanted by multiple law enforcement agencies, including the King County Sheriff’s Office, Cle Elum PD and Centralia PD for stealing tens of thousands of dollars from victims' bank accounts by using a fake U.S. passport has struck again.

06/05/2024

New Florida law could protect seniors from getting scammed

CBS 12 News

WEST PALM BEACH, Fla. (CBS12) — Florida Gov. Ron DeSantis just signed a bill into law that may help protect senior citizens.

06/05/2024

FBI investigating bank robbery in KCMO

KCTV 5 Kansas City, MO

KANSAS CITY, Mo. (KCTV) - The FBI is searching for a suspect following a bank robbery Tuesday afternoon at a Kansas City credit union.

06/05/2024

Americans Lose $5 Billion in Largely Digital Scams

MSN

Americans are losing more than $5 billion each year in largely digital scams, a new security report found on Monday.

06/05/2024

Juror reports receiving $120K bribe attempt in pandemic relief fraud trial

ABC News

Federal authorities are investigating after a juror in a federal trial over an alleged pandemic relief fraud scheme told police she was given $120,000 cash in an attempted bribe to acquit the defendants, according to court documents.

06/05/2024

Visa Says 10 Billion Tokenized Payments Are Just the Beginning

PYMNTS

The modern consumer more and more demands convenience and seamlessness across their daily lives. This simple, singular fact has served as a benchmark for much of the innovation defining the payments and commerce landscape of the past few decades.

06/04/2024

WOODBRIDGE MAN PLEADS GUILTY TO FRAUDULENT CHECK SCHEME

Fairfax County Police Department News

ALEXANDRIA, Va. – A Woodbridge man pled guilty today to conspiracy to commit bank fraud. According to court documents, from August 2021 to July 2022, Jason Banks, 27, participated in a scheme to defraud banks by cashing or depositing fraudulent checks.

06/03/2024

Salem hit with 3 armed bank robberies within 8 days: What we know

Statesman Journal

Salem Police detectives are working with the FBI Portland Field Office investigating a string of three armed bank robberies in eight days.

06/03/2024

Criminals are stealing food money from poor Americans by exploiting obsolete debit cards

Yahoo Finance

Taisha Simon had heard of people stealing money the federal government gives families to buy groceries, but she didn't realize she would become one of their victims.

06/03/2024

Boulder man found guilty of targeting millions in mass-mailing fraud schemes

Fox 31

DENVER (KDVR) — A 57-year-old Boulder man was found guilty of criminal charges related to mass-mailing fraud schemes, according to a release by the U.S. Department of Justice.

05/31/2024

Mastercard Opens Center to Combat Cybercrime in Europe

PYMNTS

Mastercard has unveiled a center in Europe aimed at tackling cyber crime in the region.

05/30/2024

DDoS cyber-attack targeting Internet Archive and the Wayback Machine

Beta News

The DDoS cyber-attack currently targeting the Internet Archive and its Wayback Machine has entered its third day, causing intermittent disruptions in service. The nonprofit research library is best known for housing millions of historical documents, preserved websites, and media content.

05/30/2024

Russian Hackers Charged For Selling Unauthorized Access To Computer Networks

CyberSecurity

A Russian citizen has been indicted for working as an “access broker” and selling unauthorized access to computer networks, including a victim company in New Jersey, U.S. Attorney Philip R. Sellinger, District of New Jersey, announced.

05/30/2024

‘Operation Endgame’ Hits Malware Delivery Platforms

Krebs on Security

Law enforcement agencies in the United States and Europe today announced Operation Endgame, a coordinated action against some of the most popular cybercrime platforms for delivering ransomware and data-stealing malware.

05/29/2024

Hurricane season 2024: How to avoid scams before and after a weather emergency

FTC

Weather forecasters are predicting an active hurricane season, but if you live in large parts of the country — including those hit by tornadoes over Memorial Day Weekend — you’ve probably noticed more active storms of all types.

05/29/2024

Scammers Posing As Well-Known Businesses, Agencies: Here's What To Know, Feds Say

Daily Voice

Federal authorities are sounding the alarm over scams that impersonate well-known businesses and government agencies.

05/29/2024

Repeat Offender Sentenced to Two Years in Prison for $1 Million Counterfeit Check Scheme

United States Attorney's Office District of Massachusetts

BOSTON – A Quincy man was sentenced today in federal court in Boston for a million-dollar bank fraud scheme in which he deposited hundreds of counterfeit checks.

05/29/2024

Small Businesses Confront Card Fraud Vulnerabilities

PYMNTS

Large enterprises continue to fight all kinds of fraud, from insider threats to payments fraud to social engineering. But small businesses are often overlooked as they fight the same battles.

05/28/2024

Google Pay Expands BNPL and Says Goodbye to the CVV With Biometrics

PYMNTS

A week after Visa threw down the payments gauntlet with a series of announcements that merged the physical and digital worlds, Google took its turn at bat today (May 22), adding three new features to Google Pay.

05/28/2024

Why Scammers Love That People Are Still Writing Checks

MNA Money

In an era where digital transactions are becoming the norm, it might come as a surprise that paper checks are still in use. However, this continued reliance on an older form of payment presents a golden opportunity for scammers. Here’s why fraudsters are particularly fond of check-writing in the modern financial landscape.

05/28/2024

Man who robbed woman at gunpoint in Arden Hills found guilty of kidnapping, bank fraud, theft

Star Tribune

A man who robbed two women at gunpoint and stole from another victim was found guilty of kidnapping, bank fraud and identity theft, the U.S. Attorney's Office in Minnesota announced Friday.

05/28/2024

The Passkeys Primer: Making Sense of the New Security Paradigm

PYMNTS

Consumers hate passwords. Fraudsters love them. There might be no better business case for passkeys, which are a biometric, digital alternative to manually selected and stored passwords

05/28/2024

Pay-by-Bank Solutions Signal New Era of Payments

PYMNTS

Solutions in search of problems rarely scale — something especially true when it comes to payments, where the focus remains on enhancing user experience and efficiency.

05/24/2024

More than $46 million loss to fraud in Hawaii, according to FTC

Island News

HONOLULU (Island News) -- The Federal Trade Commission (FTC) released its latest numbers of Consumer Fraud and Identity Theft in Hawaii. The report showed that residents claimed to have lost more than $46 million to fraud in 2023.

05/24/2024

Federal Jury Finds Nigerian Man Guilty of Money Laundering and Aiding and Abetting Wire Fraud and Mail Fraud

United States Attorney's Office District of North Dakota

BISMARCK – United States Attorney Mac Schneider announced that on May 16, 2024, after a four-day trial, a federal jury found Nigerian citizen Christopher Agbaje guilty on charges of 1) Money Laundering; 2) Aiding and Abetting Wire Fraud; and 3) Aiding and Abetting Mail Fraud.

05/24/2024

Proposed SHIELD Act for identity theft victims hits Congress after News 6 investigation

Click Orlando

H.R. 8463 would provide “legal recourse” against identity thieves

05/24/2024

Stark Industries Solutions: An Iron Hammer in the Cloud

Krebs on Security

Two weeks before Russia invaded Ukraine in February 2022, a large, mysterious new Internet hosting firm called Stark Industries Solutions materialized and quickly became the epicenter of massive distributed denial-of-service (DDoS) attacks on government and commercial targets in Ukraine and Europe.

05/23/2024

10 Years in Prison for $4.5 million BEC Scammer Who Bought Ferrari to Launder Money

FORTRA

A scammer has been sentenced to 10 years in prison for laundering over US $4.5 million obtained by targeting businesses and the elderly with Business Email Compromise (BEC) and romance fraud scams.

05/16/2024

75% of Large Banks Agree to Reimburse Victims of Authorized Fraud

PYMNTS

The Federal Reserve’s FraudClassifier divides fraud into two categories: authorized fraud and its unauthorized counterpart.

05/16/2024

Apple stopped $7 billion in fraud transaction attempts since 2020

Android Headlines

Apple recently claimed that it stopped over $7 billion of potential fraudulent transactions between 2020 and 2023.

05/16/2024

Wichita cyberattack got personal, financial information

KSN.com

WICHITA, Kan. (KSNW) — The City of Wichita is revealing that residents’ personal information was stolen during the cyberattack that is affecting the City’s computer network.

05/16/2024

Ransomware attack forces Ascension hospitals to turn away some ambulances

ABC 7

Group that operates Ascension Resurrection in Chicago, St. Alexius in Hoffman Estates continuing to recover from cyberattack

05/16/2024

Miami-Dade tag agency clerk arrested in connection with $3M title fraud scheme

Miami News 7

MIAMI (WSVN) - A South Florida tag agency clerk has been arrested in connection with a $3 million title fraud scheme, officials said Tuesday.

05/16/2024

One Step Ahead: How Community Banks and Credit Unions Can Cut Fraud Losses

The Financial Brand

Community banks and credit unions have a serious threat on their hands with consumer fraud losses exceeding $10 billion last year.

05/13/2024

Scam reports on the rise in Montana as fraudsters target unlikely demographic

Q2 Montana's News Leader

BILLINGS — According to the Federal Trade Commission, Montanans lost $21.1 million last year because of fraud, whether through impostor scams or identity theft.

05/10/2024

FBI says Florida seniors lost nearly $300 million to fraud last year

Bay News 9

SUN CITY CENTER, Fla. — More than $300 million was scammed out of seniors in Florida last year, according to the Federal Bureau of Investigation, making the state the second-highest in the nation for senior fraud.

05/06/2024

Is it time to kill the paper check?

ABA Banking Journel

Checks aren’t dying on their own. Meanwhile check fraud is up exponentially while bankers await a killer app for payments.

05/06/2024

7 common banking scams (and how to avoid becoming a victim)

Yahoo Finance

You check your email and see an update about a new bank account in your name. Or perhaps you view your checking account statement and find unauthorized debit card transactions listed. Whatever the case, being the victim of a banking scam is a terrible feeling.

05/06/2024

Woman accused of October bank heist surrenders to FBI

WBRZ

BATON ROUGE — A woman indicted in an October 2023 robbery at a Highland Road bank turned herself in to the FBI over the weekend.

05/06/2024

Let’s talk about spam texts and emails

FTC

Another day, another round of spam texts and emails trying to sell you things.

05/02/2024

Elder Fraud, in Focus

FBI

Elder fraud reports to FBI’s Internet Crime Complaint Center rose by 14% in 2023.

04/30/2024

Entrust Unveils Identity Verification Solution to Fight Deepfakes

Crowdfund Insider

Entrust, a provider of payments, identities, and data security, this week announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats.

04/30/2024

The Price Cap on Russian Oil – Part 1: Increased OFAC Enforcement

The National Law Review

In June 2022, the Group of Seven (“G7”) countries—Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States—decided to pursue a policy to cap the price of Russian oil. In December 2022, the G7 countries, joined by Australia and the supranational European Union (together, the “Price Cap Coalition”) officially implemented measures to ban a range of services related to the maritime transport of Russian-origin crude oil wherever the price being paid for that oil was above a capped threshold.

04/30/2024

North Iowa woman facing more bad check charges in SE Minnesota

KIMT3

PRESTON, Minn. – A North Iowa woman already serving time for passing bad checks in Fillmore County is now facing another trial.

04/30/2024

6 people arrested after trying to cash more than $46,000 in forged checks

KETK.com

TYLER, Texas (KETK) – Arrest records show that six people have been arrested after they reportedly tried to cash forged checks totaling $46,161.

04/30/2024

Man Who Mass-Extorted Psychotherapy Patients Gets Six Years

Krebs on Security

A 26-year-old Finnish man was sentenced to more than six years in prison today after being convicted of hacking into an online psychotherapy clinic, leaking tens of thousands of patient therapy records, and attempting to extort the clinic and patients.

04/27/2024

FIs Look to Advanced Technologies to Protect Faster Payments

PYMNTS

Disbursements are a critical part of the modern economy, with more than 170 million consumers in the United States receiving at least one within the past year.

04/24/2024

UnitedHealth Group admits to paying ransom after Change Healthcare cyber attack

ITPro

UnitedHealth Group, the parent company of Change Healthcare, has confirmed it paid the ransom to protect millions of potentially exposed customers

04/24/2024

City employee pleads guilty to stealing checks mailed to Law Department, helping in fraud scheme

Audacy.com

NEW YORK (1010 WINS/WCBS 880) – A city employee, involved in a scheme, pleaded guilty on Monday to stealing checks mailed to the Law Department, altering them, and depositing the forged versions into other bank accounts, according to prosecutors.

04/24/2024

74-year-old Ohio woman charged with bank robbery was victim of a scam, family says

USA Today

A 74-year-old Ohio woman who was a victim of an online scam allegedly tried to remedy her financial issues by robbing a credit union, police said.

04/08/2024

Coincidence? Bank robber strikes while Wisconsin police investigate fake bomb threat

Audacy.com

(WBBM NEWSRADIO) — Police in Pleasant Prairie, Wis., are investigating a simultaneous bank robbery and bomb threat that happened Saturday afternoon.

04/07/2024

People are stealing checks from Mobile County mailboxes — how to protect yourself

WKRG News 5

MOBILE COUNTY, Ala. (WKRG) — The Mobile County Sheriff’s Office is warning residents after several reports of mail being stolen from mailboxes.

04/07/2024

Milwaukee woman stole $100K from employer, prosecutors say; new charges

Fox 6 Milwaukee

MILWAUKEE - A Milwaukee woman, already accused of stealing more than $100,000 from her former employer, is now charged with 11 more felonies that include forgery and identity theft.

04/07/2024

Urgent Warning: Stop Sending Checks in the Mail in Minnesota

KDHL

My dad totally still sends me a check in the mail for my birthday every single year. I give him crap about it every time, because I think checks are a thing of the past with modern digital options like Apple Pay, Venmo, and more.

04/07/2024

Lakeville Man Pleads Guilty to Attempted Robbery of a Credit Union

United States Attorney's Office District of Minnesota

ST. PAUL, Minn. – A Lakeville man has pleaded guilty to attempting to rob a credit union at gunpoint, announced U.S. Attorney Andrew M. Luger.

03/31/2024

Thread Hijacking: Phishes That Prey on Your Curiosity

Krebs on Security

Thread hijacking attacks. They happen when someone you know has their email account compromised, and you are suddenly dropped into an existing conversation between the sender and someone else.

03/30/2024

Billings man admits payroll check scheme to defraud Crow Tribe

United States Attorney's Office District of Montana

BILLINGS — A Billings man on Thursday admitted to a scheme in which he defrauded the Crow Tribe by receiving checks from the tribe’s payroll account, forging the payees and having the payees cash the checks, U.S. Attorney Jesse Laslovich said today.

03/30/2024

Federal Trade Commission warns of QR code scams

10 WJAR

ORLANDO, FL (Ivanhoe Newswire) — More than 94 million Americans will use their phones to scan a QR code this year.

03/27/2024

Mozilla Drops Onerep After CEO Admits to Running People-Search Networks

Krebs on Security

The nonprofit organization that supports the Firefox web browser said today it is winding down its new partnership with Onerep, an identity protection service recently bundled with Firefox that offers to remove users from hundreds of people-search sites. The move comes just days after a report by KrebsOnSecurity forced Onerep’s CEO to admit that he has founded dozens of people-search networks over the years.

03/27/2024

SpyCloud Report: 61% of Data Breaches in 2023 Were Malware Related

Business Wire

AUSTIN, Texas--(BUSINESS WIRE)--SpyCloud, the leader in Cybercrime Analytics, today released its 2024 SpyCloud Identity Exposure Report, an annual report examining the latest trends in cybercrime and their impact on individuals and organizations. SpyCloud researchers recaptured 43.7 billion distinct identity assets in 2023, including nearly four times more personally identifiable information (PII) assets than in 2022 — over 32 billion, compared to last year’s 8.6 billion.

03/25/2024

Minnesota man arrested for Sioux Falls bank robbery

Dakota News Now

SIOUX FALLS, S.D. (Dakota News Now) - Sioux Falls police responded to a bank robbery in southwest Sioux Falls Friday morning.

03/21/2024

Utah man sentenced for wire fraud during pretrial release for separate wire fraud case

2KUTV

SALT LAKE CITY (KUTV) — A Midvale, Utah, man on Monday was sentenced to 41 months in prison followed by three years of supervised release for wire fraud and contempt of court committed while on pretrial release for a separate securities fraud case.

03/21/2024

FCC Announces Effective Date for SIM Swapping Item

Federal Communications Commission

At its November 15, 2023, Open Meeting, the FCC adopted a Report and Order implementing new rules to protect cell phone consumers from SIM swap and port-out fraud, two practices that bad actors use to take control of consumers’ cell phones.

03/21/2024

3 ‘little rascals’ — one as young as 11 — arrested for Houston-area Wells Fargo bank heist

New York Post

A trio of tiny bank robbers dubbed the “little rascals” were arrested by the FBI Tuesday for allegedly robbing a Wells Fargo in Houston.

03/19/2024

Bank robbery suspects tied to Michigan heist

The Elkhart Truth

ELKHART — Details about a bank robbery in downtown Elkhart were revealed Monday after bail was set for two subjects arrested in the case Thursday just hours after the incident.

03/17/2024

Social Security employee steals $1.8 million in funds by filing fake claims, feds say

Yahoo News

A former employee for the Social Security Administration is accused of abusing her position to steal $1.8 million in benefits over a 12-year span. She’s facing federal charges in Puerto Rico.

03/17/2024

2 arrested in morning bank robbery

The Elkbart Truth

ELKHART IN — Two subjects were taken into custody Thursday after police were called to a bank robbery on North Main Street.

03/12/2024

Signs of employment identity theft and how to protect yourself from being a victim

CBS 17

RALEIGH, N.C. (WNCN) — A stranger holding a job in your name…it’s called employment identity theft and it’s a growing problem.

03/12/2024

$6.8 million pandemic fraud scheme leader sentenced to 5 years in prison

NBC 24 News

SEATTLE (KOMO) — The leader of a fraud ring that stole more than $6.8 million in pandemic benefits from nearly every major COVID-19 pandemic assistance program was sentenced to prison.

03/12/2024

Arkansas man serves time for multi-state check fraud scheme

1011 Now

LINCOLN, Neb. (KOLN) - An Arkansas man was sentenced for his role in a multi-state check fraud scheme that caused more than $64,000 in losses across the Midwest.

03/12/2024

Gangs find new way to rob ATMs: Follow the repairmen

Florida Politics

'This tactic is low risk and high reward.' Two men in a Houston-based criminal gang have pleaded guilty in federal court after being charged as part of a roving nationwide ATM crime spree in which a new method was used to break into cash machines, robbing banks in Florida and other states and netting hundreds of thousands of dollars.

03/12/2024

Jackson man sentenced for conspiracy to commit bank fraud, aggravated identity theft

MSN

JACKSON, Miss. (WLBT) - A judge sentenced a Jackson man to 26 months in prison for conspiracy to commit bank fraud and aggravated identity theft.

03/12/2024

Romanian Woman Sentenced for Possession of Device Making Equipment and Aggravated Identity Theft

US Attorney's Office District of Nebraska

United States Attorney Susan Lehr announced that Mona Maria Tataru, 32, a Romanian citizen whose most recent address was in Los Angeles, California, was sentenced on March 8, 2024, in federal court in Omaha, Nebraska, for possession of device making equipment with intent to defraud and aggravated identity theft.

03/10/2024

Tri-State woman’s identity stolen to make forged temporary ID

Fox 19

CINCINNATI (WXIX) - A suspect in the Hamilton County Jail following an indictment for stealing a woman’s identity to make false BMV intermittent paperwork and forge checks.

03/10/2024

A cyber warning for health care

Star Tribune

Attack on UnitedHealth Group-owned company has had a broad, harmful impact. Company has faced criticism from medical providers for its response. This is an opportunity to step up.

03/10/2024

2 women drove dead elderly man’s body to bank to withdraw money, police say

KTIV Sioux City IA

ASHTABULA COUNTY, Ohio (WOIO/Gray News) - Two Ohio women were arrested after telling police they drove a dead man’s body to the bank and then left it at a hospital.

03/10/2024

These New York Area Codes Are Used Most By Scammers

The New 96.1

How many times has your phone gone off and you notice an area code that you are not familiar with or know isn't one from where your friends and family live?

03/10/2024

How imposters are trying to exploit your grief and wallet in a new funeral scam

Cyber Guy

Just when you thought you’d seen the worst of humanity, scammers have managed to reach a new low. You thought the Facebook scam about how scammers are commandeering people’s Facebook profiles with fake bereavement posts was terrible? It gets worse.

03/10/2024

Arkansas man sentenced in Omaha courtroom in multi-state check fraud scheme

WOWT

OMAHA, Neb. (WOWT) - The following is a list of federal sentences handed down Friday in Omaha, as provided by U.S. Attorney Susan Lehr’s office in the District of Nebraska.

03/07/2024

‘Pig Butchering’ Scams Pose Growing Risk to Businesses

PYMNTS

Behavioral fraud and social engineering scams are getting more dangerous for businesses.

03/07/2024

Pennsylvania Attorney General calls for Meta to investigate account takeovers

ABC 27

HARRISBURG, Pa. (WHTM) — Pennsylvania Attorney General Michelle Henry announced that she along with 40 other Attorneys General has sent a letter to Facebook and Instagram owner Meta asking them for an investigation into a spike of account takeovers.

03/07/2024

Butte PD arrests man for armed burglary of Rocker Inn, links suspect to other recent crimes in the area

Longview News-Journal

BUTTE, Mont. - An arrest was made Wednesday in the Rocker Inn robbery case outside of Butte, linking one Butte man to multiple recent crimes in the area.

03/06/2024

Amex cardholder data exposed in merchant processor hack

Payments Dive

The point-of-sale attack on a merchant processor may have compromised account information of the company’s cardholders, Amex said in a state regulatory filing.

03/05/2024

BlackCat Ransomware Group Implodes After Apparent $22M Payment by Change Healthcare

Krebs on Security

There are indications that U.S. healthcare giant Change Healthcare has made a $22 million extortion payment to the infamous BlackCat ransomware group (a.k.a. “ALPHV“) as the company struggles to bring services back online amid a cyberattack that has disrupted prescription drug services nationwide for weeks.

02/29/2024

Feds charge Detroit woman in scheme to steal homes from owners

The Detroit News

A Detroit woman has been charged in a federal criminal complaint for allegedly running a scheme that stole houses from dozens of Detroiters, officials said.

02/29/2024

Is charging phones using public ports safe? The RBI warns about juice jacking

Firstpost

Many individuals frequently go to coffee shops, stores, and other locations with charging ports when their phone’s battery runs low.

02/29/2024

Edina Financial Adviser Charged with Wire Fraud for Stealing $1.6 Million from Clients

United States Attorney's Office District of Minnesota

MINNEAPOLIS – An Edina financial adviser has been charged with wire fraud after misappropriating $1.6 million in client investment funds, announced United States Attorney Andrew M. Luger.

02/29/2024

UnitedHealth confirms 'Blackcat' group behind recent cyber attack

NASDAQ

Feb 29 (Reuters) - UnitedHealth Group UNH.N said on Thursday that the recent cyberattack at its tech unit, Change Healthcare, was perpetrated by hackers who identified themselves as the 'Blackcat' ransomware group.

02/29/2024

Three arrested in relation to extensive check fraud scheme

TriState Home Page

HENDERSON, Ky. (WEHT) – Three men were arrested in Evansville on fraud and forgery charges.

02/29/2024

Sophisticated cyber criminals target Reno locals through SIM swap identity theft

News 4

RENO, Nev. (News 4 & Fox 11) — Criminals are targeting information kept in a cell phone and by doing so, they're able to steal someone's identity.

02/27/2024

FBI’s LockBit Takedown Postponed a Ticking Time Bomb in Fulton County, Ga.

Krebs on Security

The FBI’s takedown of the LockBit ransomware group last week came as LockBit was preparing to release sensitive data stolen from government computer systems in Fulton County, Ga

02/27/2024

Hackers Hijack Websites to Inject Malware that Steals User Credentials

Cyber Security News

Concerning a development for internet security, a new form of website malware known as “Angel Drainer” has been increasingly targeting Web3 and cryptocurrency assets since January 2024.

02/27/2024

Building a Cyber Insurance Backstop Is Harder Than It Sounds

LawFare Media

Insurers argue that a government backstop would help them cover catastrophic cyberattacks, but it’s not so simple.

02/27/2024

Lockbit cybercrime gang says it is back online following global police bust

Reuters

LONDON, Feb 26 (Reuters) - Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business.

02/27/2024

Deputies searching for Sarasota bank robber who demanded money and ran

AOL

SARASOTA, Fla. - A man demanded money from a teller at Fifth Third Bank in Sarasota and got away on Saturday, according to deputies.

02/27/2024

‘Penguin bandit’ charged after series of bank robberies in Denver

Fox 31

DENVER (KDVR) — In January, police were looking for a bank robbery suspect based on his walk. On Friday, the United States Attorney’s Office for the District of Colorado announced the charges against the suspected “penguin bandit.”

02/23/2024

New Leak Shows Business Side of China’s APT Menace

Krebs On Security

A new data leak that appears to have come from one of China’s top private cybersecurity firms provides a rare glimpse into the commercial side of China’s many state-sponsored hacking groups.

02/23/2024

Change Healthcare Cyber-Attack Leads to Prescription Delays

Infosecurity Magazine

Health tech firm Change Healthcare, part of Optum, has been hit by a cyber-attack, leading to delays in prescriptions being issued to patients.

02/23/2024

Two Individuals Convicted for $11M COVID-19 Relief Fraud Scheme

U.S. Department of Justice

A federal jury in Atlanta convicted a Georgia man and woman yesterday for their roles in an over $11 million Paycheck Protection Program (PPP) fraud scheme.

02/23/2024

Durham Police seek help identifying suspect in bank robbery

ABC 11 News

DURHAM, N.C. (WTVD) -- Durham Police are asking for help in identifying a man who robbed a bank Wednesday morning.

02/23/2024

Federal Jury Convicts Minneapolis Man for Insider Trading Scheme

U.S. Attorney's Office District of Minnesota

ST. PAUL, Minn. – A federal jury has convicted a Minneapolis man in an insider trading conspiracy involving nonpublic negotiations for the acquisition of a medical device company valued at $1.6 billion, announced First Assistant U.S. Attorney Ann M. Bildtsen.

02/23/2024

Task Force KleptoCapture Announces Array of New Charges, Arrests, and Forfeiture Proceedings in Advance of Second Anniversary of Illegal Invasion of Ukraine

U.S. Department of Justice

United States seeks forfeiture of $2.5 million in luxury properties, makes two arrests, charges two sanctioned oligarchs, and secures guilty plea in significant money laundering case

02/21/2024

Identity theft on the rise in North Alabama as tax season nears its peak

WAAY TV

As peak tax season arrives, scammers are looking to take advantage of you and your hard-earned money.

02/21/2024

Evangelist, five others to die by hanging for bank robberies in Ondo

Vanguard

An Akure High Court, in Ondo state, has sentenced a popular Akure based Evangelist, Adewale Adelu, and five others to death by hanging for robbing two different banks in the state, 13 years ago.

02/21/2024

Nigerian Man Extradited from the United Kingdom to Bismarck, North Dakota on Wire Fraud, Mail Fraud, and Money Laundering Charges

United States Attorney's Office District of North Dakota

BISMARCK – United States Attorney Mac Schneider announced that on February 12, 2024, Nigerian citizen Christopher Agbaje made an initial appearance in the United States District Court for the District of North Dakota, on charges of 1) Wire Fraud; 2) Mail Fraud; and 3) Money Laundering.

02/20/2024

Serial swindler busted after hitting multiple powersports dealerships

Power Sports Business

A Minnesota man with a lengthy history of theft and check fraud is now charged with stealing more than $200,000 from a dozen Twin Cities businesses, according to a Fox 9 report.

02/20/2024

U.S. and U.K. Disrupt LockBit Ransomware Variant

Office of Public Affairs U.S. Department of Justice

U.S. Indictment Charges Two Russian Nationals with Attacks Against Multiple U.S. and International Victims; FBI Seizes Infrastructure; and Department of Treasury Takes Additional Action Against LockBit

02/20/2024

Non-profit check fraud scam appears to span states

Keloland.com

SIOUX FALLS, S.D. (KELO) — A wide-reaching attempt to scam non-profits has targeted a number of South Dakota organizations.

02/20/2024

Four accused in Missouri of a nationwide financial scam targeting the elderly

KTTN.com

Four men from California have been indicted in connection with a nationwide tech support fraud scam targeting the elderly.

02/16/2024

Charges: Teens robbed man they met through Facebook Marketplace

Bring Me The News

Minneapolis police are investigating their connection to a wider wave of armed robberies in the city in recent weeks.

02/16/2024

Government impersonators mail fake notices to business owners

FTC

You’ve heard about scammers who pose as government workers, calling to demand your money or information.

02/15/2024

More than half of P2P fraud victims lose money: AARP

Payments Dive

“When it comes to addressing instances of financial exploitation, consumers are less likely to trust P2P platforms than banks and credit unions,” an AARP survey reported.

02/15/2024

Woman robbed by people pretending to be good Samaritans outside Gardena bank

NBC Los Angeles

Juana Gutiérrez said she was robbed by a couple of people pretending to be good Samaritans outside a Gardena bank.

02/15/2024

Man jailed after attempted bank robbery in Hoover

Trussvilletribune.com

HOOVER — A Birmingham man who attempted a bank robbery in Hoover is behind bars tonight, according to Hoover Police. Ian Everett D’Arpa, 46, of Birmingham is being held without bond.

02/15/2024

Home security video catch person taking mail that results in $8,000 worth of fraudulent checks

ABC 11 News

HARNETT COUNTY, NC (WTVD) -- Mail was stolen right out of a homeowner's mailbox and a homeowner in Harnett County caught it all on camera.

02/15/2024

India-based computer-hacking scam that targeted elderly across the country and stole $150,000 from a Kalispell woman sends Indian national to prison for more than four years

United States Attorney's Office District of Montana

MISSOULA — A federal judge today sentenced an Indian national to four years and three months in prison for his role in stealing $150,000 from a Kalispell woman through an international computer-hacking scheme that targeted elderly Americans nationwide and resulted in more than $1.2 million in total losses, U.S. Attorney Jesse Laslovich said.

02/15/2024

Bitcoin Depot CEO weighs in on new California law

Payments Dive

Bitcoin Depot CEO Brandon Mintz contends a new California law will “create economic challenges” for his company and other crypto ATM operators.

02/14/2024

Three large blue USPS mail collection boxes stolen in St. Paul, later found

Pioneer Press

In an unusual theft, three large blue U.S. Postal Service mail collection boxes were stolen in St. Paul and later found.

02/12/2024

Facts about fraud from the FTC – and what it means for your business

FTC

The FTC just issued its 2023 Consumer Sentinel Network Data Book jam-packed with facts about the kind of scams consumers have reported to us.

02/12/2024

Could China Unleash a Cyber Pearl Harbor?

Breitbart

FBI Director Warns That Chinese Hackers Are Preparing to Inflict “Real-World Harm” on Americans

02/12/2024

Nearly 40 people in Wisconsin have been charged with defrauding COVID funds

Wausau Pilot & Review

During the pandemic, the federal government distributed a massive $4.2 trillion to local governments, businesses and people. Some of those funds were stolen, and one estimate puts the amount in the hundreds of billions of dollars.

02/09/2024

Credential Stuffing: Who Owns the Risk?

Security Boulevard

Kasada was recently in the news after identifying a credential stuffing campaign targeting Australian retail, fast food, and entertainment outlets.

02/09/2024

Juniper Support Portal Exposed Customer Device Info

Krebs on Security

Until earlier this week, the support website for networking equipment vendor Juniper Networks was exposing potentially sensitive information tied to customer products, including which devices customers bought, as well as each product’s warranty status, service contracts and serial numbers.

02/09/2024

WhatsApp Scams in 2024: How to Spot a Fake

FORTRA

Last year, text scammers prowling around on messaging platforms like WhatsApp sent a staggering 19 million messages in December alone. When ploys like these can rake up over $10 million in a matter of months, it's easy to see why.

02/09/2024

Strengthening Fraud Mitigation with Evolving Online Authentication Methods

The Federal Reserve FedPayments Improvement

When consumers and businesses make payments online, they typically focus on making sure recipients receive their payments on time, so they don’t incur late fees. Fraud is likely not on their minds.

02/07/2024

APP Fraud in Focus as Digital Tools Redefine Prevention Tactics

PYMNTS

The widespread adoption of person-to-person (P2P) payment apps and services has fueled a surge in credit-push payment volume, a trend that has been further accelerated by the recent introduction of real-time payments in the United States.

02/07/2024

‘I had no idea’: Victim says as Raleigh woman accused of identity theft again

CBS17.com

RALEIGH, N.C. (WNCN) — Five North Carolina hospitals, an assumed identity, and a victim demanding answers.

02/07/2024

From Cybercrime Saul Goodman to the Russian GRU

Krebs on Security

In 2021, the exclusive Russian cybercrime forum Mazafaka was hacked.

02/07/2024

Senators Pressure FinCEN to Fully Implement AML Whistleblower Program

National Law Review

A bipartisan group of senators have joined whistleblower advocates in calling on the Financial Crime Enforcement Network (FinCEN) to adopt regulations fully implementing the Anti-Money Laundering (AML) Whistleblower Program. In a letter sent on February 2 to FinCEN Director Andrea Gacki, Senators Chuck Grassley (R-IA), Elizabeth Warren (D-MA), and Raphael Warnock (D-GA) outline their concerns with the agency’s delay in the rulemaking process and emphasize the importance of the program.

02/06/2024

Deepfake scam video cost company $26 mnl; Tencent fires 120 for fraud

Space War

Scammers tricked a multinational firm out of some $26 million by impersonating senior executives using deepfake technology, Hong Kong police said Sunday, in one of the first cases of its kind in the city.

02/06/2024

SWAT sniper shoots, kills attempted bank robber at Fort Myers shopping mall

Tampa Bay 10

FORT MYERS, Fla. — A SWAT team sharpshooter shot and killed an attempted bank robber at the Bank of America building in Fort Myers' Bell Tower Shops complex.

02/06/2024

Real-Time Payments Get Boost From New Partnerships in US and Europe

PYMNTS

Real-time payments have continued their growth in 2024 so far, with several developments unfolding in various countries around the globe. Angola, for one, has taken its initial dive into the real-time payments space a step further.

02/06/2024

Man pleads guilty to using counterfeit checks to defraud Mississippi banks.

Magnolia State Live

A Mississippi man pleaded guilty today to conspiracy to commit bank fraud and aggravated identity theft.

02/06/2024

Preparing Cybersecurity for the Super Bowl

FORTRA

The 49ers and Kansas City Chiefs aren’t the only ones with a big game to play on February 11th; this year, cybercriminals and cyber defenders will be facing off behind the scenes in a Super Bowl-sized bout of their own.

02/04/2024

Protecting yourself from ACH fraud

KJCT News 8

GRAND JUNCTION, Colo. (KJCT) - In the age of evolving financial fraud, it’s easy to overlook longstanding threats such as the Automated Clearing House.

02/04/2024

Florida woman used stolen identity for 15 years, obtained nearly $40,000 worth of food stamps: DOJ

Fox 35 Orlando

KISSIMMEE, Fla. - A Kissimmee woman was sentenced to federal prison after stealing someone's identity shortly after she left Puerto Rico back in 2008, the Department of Justice said.

02/04/2024

Lurie Children’s Hospital network outages enter 5th day after cyber attack; call center available

Chicago WGN 9

CHICAGO — The Lurie Children’s Hospital network outages entered a fifth day Sunday following a cyber attack.

02/04/2024

Wisconsin bank fraud suspect sought to cash fake $2K check: sheriff

Fox 6

MARQUETTE COUNTY, Wis. - The Marquette County Sheriff's Office is looking for a man who they say tried to cash a fraudulent check on Jan. 25 – and may be in southeast Wisconsin.

01/29/2024

Using Google Search to Find Software Can Be Risky

Krebs on Security

Google continues to struggle with cybercriminals running malicious ads on its search platform to trick people into downloading booby-trapped copies of popular free software applications.

01/29/2024

The Cold Reality of Authorized Push-Payment Fraud

Federal Reserve Bank of Atlanta

I started teaching payment rules, compliance, and risk management in 2007. Back then I used to describe credit-push payments as warm and fuzzy.

01/28/2024

Maryland woman loses $17K in SIM card swap scam despite two-factor authentication | I-Team

WJLA

WASHINGTON (7News) — 7News is asking a security question that deals with your cell phone. How did a Maryland woman lose $17,000 even though she had two-factor authentication on all her accounts?

01/28/2024

US suffered cyberattacks from 168 threat actors in 2023

Security Magazine

Critical infrastructure attacks were analyzed in a recent report by Forescout Research. The report found more than 420 million attacks between January and December 2023. That is 13 attacks per second, a 30% increase from 2022

01/28/2024

Nevada Gaming Control Board’s website compromised in cyber attack

Readwrite

The Nevada Gaming Control Board, the regulatory body overseeing the state’s gaming industry, has experienced a significant cyber attack, leading to the temporary shutdown of its public-facing website.

01/28/2024

84-year-old scammed out of $707,000 in cashier's checks, gold bars

WISN

WAUKESHA, Wis. — A man has been charged after an 84-year-old woman reported fraud of $707,309 in cashier's checks and gold bars.

01/26/2024

Police: Bridgeport man waiting to open a bank account robbed another customer

CT Post

BRIDGEPORT — Kareem Rowe was waiting to open an account at a Main Street bank Sept. 28 when he robbed another customer and fled with more than $9,000, according to police.

01/26/2024

Cedar Rapids Bank Robbery Suspect Arrested in New Orleans

WHO Newsradio 1040

(Cedar Rapids, IA) -- A suspect in a Cedar Rapids bank robbery is in custody.

01/26/2024

Who is Alleged Medibank Hacker Aleksandr Ermakov?

Krebs on Security

Authorities in Australia, the United Kingdom and the United States this week levied financial sanctions against a Russian man accused of stealing data on nearly 10 million customers of the Australian health insurance giant Medibank. 33-year-old Aleksandr Ermakov allegedly stole and leaked the Medibank data while working with one of Russia’s most destructive ransomware groups, but little more is shared about the accused.

01/25/2024

Venmo and other payment app theft is ‘skyrocketing,’ Manhattan DA warns

CNN

Venmo, Cash App, PayPal, Zelle and other payment apps may be convenient ways to send cash with a few taps of your smartphone, but they’re a breeding grounds for theft, Manhattan District Attorney Alvin Bragg tells CNN.

01/25/2024

LOOK OUT Walmart self-checkout warning after concerning device stealing shoppers’ info found attached to kiosks in stores

The U.S. Sun

DETECTIVES from various Northeast Ohio communities are currently conducting investigations into instances of credit card skimmers. Many of these are being discovered on cash registers at Walmart stores in the region.

01/25/2024

Police: Colorado Springs bank robbery suspects arrested after getaway car leaves them behind

11 News

COLORADO SPRINGS, Colo. (KKTV) - A teenager and a second suspect are in custody after police say they caught them red-handed trying to rob a Colorado Springs bank.

01/25/2024

Elderly woman robbed while leaving bank in Joelton

WSMV NBC 4

JOELTON, Tenn. (WSMV) - Police are investigating a robbery outside of a bank involving a 91-year-old woman on Tuesday afternoon in Joelton.

01/25/2024

ATM card skimmer suspect caught on camera in Douglas County

KDVR

DENVER (KDVR) — Law enforcement is warning people to be on the lookout after a man was caught on camera trying to install ATM skimmers at a local bank in Douglas County.

01/25/2024

Man sentenced to federal prison for fraud scheme in southern Iowa

Radio Iowa

A Dallas, Texas resident who is a Nigerian national will spend 87 months in federal prison on wire fraud charges involving Iowa businesses.

01/24/2024

Tapping Into the Future of Payments

PYMNTS

Cash is fast losing its supremacy. Amid the ongoing global rise of digital culture, young consumers are increasingly opting for digital wallets and other payment alternatives, compelling businesses to pivot toward contactless and digital payment methods — and reckon with the digital-forward ethos driving their popularity.

01/23/2024

Venmo and other payment app theft is ‘skyrocketing,’ Manhattan DA warns

CNN

Venmo, Cash App, PayPal, Zelle and other payment apps may be convenient ways to send cash with a few taps of your smartphone, but they’re a breeding grounds for theft, Manhattan District Attorney Alvin Bragg tells CNN.

01/22/2024

Colorado pastor faces fraud charges after targeting congregation in alleged $3.2 million cryptocurrency scheme

9 News

A Denver pastor and his wife are accused of creating and marketing "worthless" cryptocurrency, according to the Colorado Securities Commission.

01/20/2024

Feds: Former Anchorage mail carrier looted mail to cash fraudulent checks for himself

Alaska's News Source

ANCHORAGE, Alaska (KTUU) - A former Anchorage USPS mail carrier could spend several decades behind bars after being charged with federal fraud and theft offenses.

01/19/2024

Victorian courts reveal cyber-attack targeted files dating back as far as 2016

The Guardian

The cyber-attack that hit Victoria’s court system last year was worse than officials first thought, with hackers accessing years’ worth of recorded hearings from as far back as 2016.

01/19/2024

‘It’s a crime. It was fraud’: Woman is out $10,000 after Chase Bank refuses to investigate check scam

WSFA 12

MESA, Ariz. (3TV/CBS 5/Gray News) — A woman in Arizona was the victim of a very sophisticated check-cashing scam.

01/19/2024

Fiserv seeks special purpose bank charter

Payments Dive

The designation would allow the payment processor to own transactions from end-to-end, removing the need for a bank partner.

01/19/2024

FedNow draws some banks, as others lag

Payments Dive

The Federal Reserve is building up bank participation in FedNow, but some big financial institutions remain on the sidelines.

01/19/2024

Alabama Man Charged: Grandparents’ Exploitation and Infant Abuse Allegations Arise

BNN Breaking

Alec Dvorak, a 28-year-old resident of Baldwin County, Alabama, is facing a litany of charges, including financial exploitation of the elderly, elderly abuse/neglect, and child abuse.

01/18/2024

JPMorgan Chase fights off 45 billion hacking attempts each day

CNN Business

New York CNN — JPMorgan Chase now fights off about 45 billion attempts a day by hackers to infiltrate its systems.

01/18/2024

Bank robber stalks teller on social media, threatens to kill teller's family

News 4 San Antonio

AMARILLO, Texas (KVII) — A bank robber stalked a teller on social media before the robbery and threatened to kill the teller's family.

01/18/2024

BG City School District reportedly falls victim to fraudulent cashing of checks

BG Independent News

Bowling Green Police Division is investigating check fraud reported by Bowling Green City School District Treasurer Cathy Schuller.

01/18/2024

Arizona auditors found $1.8 million in fraud and theft in 2023

AZ Mirror

State audits uncovered more than $1.8 million in theft and fraud in 2023 and led to nearly three dozen criminal charges.

01/18/2024

Coinbase Argues Token Buyers Don’t Acquire Any Rights

PYMNTS

In a Wednesday (Jan. 17) court hearing, cryptocurrency exchange Coinbase Global made a comparison between buying cryptocurrency and collecting Beanie Babies.

01/17/2024

Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued

IRS

WASHINGTON — The Treasury Department and Internal Revenue Service today issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as they must report the receipt of cash until Treasury and IRS issue regulations.

01/17/2024

E-Crime Rapper ‘Punchmade Dev’ Debuts Card Shop

Krebs on Security

The rapper and social media personality Punchmade Dev is perhaps best known for his flashy videos singing the praises of a cybercrime lifestyle.

01/16/2024

Man robbing people at gunpoint on Chicago's North Side, transferring money from victims' bank apps

Yahoo News

CHICAGO - Chicago police are warning residents on the North Side about a string of armed robberies in the area.

01/16/2024

Former New Bedford Man Pleads Guilty to Wire Fraud and Money Laundering Arising From "Romance Scam"

United States Attorney's Office District of Massachusetts

BOSTON – A former New Bedford man pleaded guilty today to wire fraud and money laundering charges involving funds obtained from “romance scam” victims.

01/16/2024

Utah funds ZeroEyes AI-based gun detection, AEGIX Incident Management across all 1,086 public K-12 schools

Security Info Watch

PHILADELPHIA and SALT LAKE CITY, January 16, 2024 -- ZeroEyes, the creators of the only AI-based gun detection video analytics platform that holds the US Department of Homeland Security SAFETY Act Designation, and AEGIX Global, a Utah-based provider of critical incident management services, today announced that the Utah State Board of Education has approved a contract to provide the joint solution for all Utah public K-12 schools, including charter schools.

01/16/2024

Beware of new CFPB imposter scams

CFPB

This week, we confirmed that scammers are using CFPB employees’ names to try to defraud members of the public. We’ve heard from people, specifically older adults, who received phone or video calls.

01/15/2024

What is Identity Threat Detection and Response?

Security Boulevard

Identity Threat Detection and Response (ITDR) remains crucial for preventing unauthorized access and mitigating security breaches

01/14/2024

5 Big Changes Coming to the Post Office in 2024

AARP

Through snow, rain, heat and gloom of night, the U.S. Postal Service has delivered mail to Americans for nearly 250 years. That core task remains the same, but that doesn’t mean everything stays the same in 2024. 

01/12/2024

Cyberattacks are having fatal consequences, so the White House wants hospital funding tied to hospital security

Tech Radar

The Biden administration is looking to introduce a policy that will require US hospitals to meet a certain level of digital security, including multi-factor authentication, in order to secure federal funding.

01/12/2024

Man pleads guilty to racketeering charge for role in downtown Minneapolis cell phone ring

KSTP 5 Minneapolis, MN

Another member of what authorities have called a cellphone theft ring that operated in downtown Minneapolis had entered a guilty plea to a racketeering charge.

01/10/2024

Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers

PYMNTS

Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate.

01/10/2024

Green Bay Check Forger Faces 72 Years in Prison

Seehafernews.com

A Green Bay woman is facing 72 years in prison after being arrested on thirteen charges after a string of checks were proven to be forged.

01/10/2024

Here's some Bitcoin: Oh, and You've Been Served

Krebs on Security

A California man who lost $100,000 in a 2021 SIM-swapping attack is suing the unknown holder of a cryptocurrency wallet that harbors his stolen funds.

01/08/2024

Larger FIs More Likely to Use AI and ML to Fight Financial Crime

PYMNTS

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes.

01/07/2024

4 Sure Ways To Shut Down Robocall Theft And Fraud

Forbes

If I had to make a confident prediction for 2024, I wouldn’t say a word about the markets or inflation. I would be pretty sure that there will be more robocall scams.

01/07/2024

British Library ransomware cyber attack ‘set to cost £7million’

The Standard

The British Library may have to spend £7million of its reserves to recover from a crippling cyber attack, according to reports.

01/04/2024

Trends 2024: Banks Must Ramp Up Protections as Mobile Fraud Grows

The Financial Brand

Cheat sheet: As banking customers – and younger customers in particular – embrace mobile banking as their channel of choice, the security of that channel is of paramount importance.

01/04/2024

Google password resets not enough to stop these info-stealing malware strains

The Register

Security researchers say info-stealing malware can still access victims' compromised Google accounts even after passwords have been changed.

01/02/2024

Social Security numbers of some Xfinity customers vulnerable in latest data breach: What to know

The Hill

CHICOPEE, Mass. (WWLP) — A major data breach on Comcast-owned Xfinity has affected more than 35 million customers.

01/02/2024

BBB Scam Alert: ‘Tis the season to donate, and scammers are taking advantage

Rural Radio

With so many purchases during the holiday season, it can be easy to miss a fraudulent credit card charge or two – especially if it appears to be from a charity. Keep a close eye on your credit card statement this time of year.

01/02/2024

FTC Warns Against QR Code Scams: A Gateway to Identity Theft

BNN

QR codes, those familiar black and white squares that have become ubiquitous in our daily lives, are under scrutiny by the Federal Trade Commission (FTC).