Collaborate Disseminate
The man’s co-defendant was previously sentenced to 10 years after being convicted in a jury trial.
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According to the Securities and Exchange Commission, the company’s failures led to the loss of $6.6 million in client funds.
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The takedown of the Nigeria-based international cyber gang including millions in seized assets and hundreds of blocked bank accounts.
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In the worldwide battle against malicious cyberattacks, there is no organization more central to the fight than the Federal Bureau of Investigation (FBI). And recent years have proven that the bureau still has some surprises up its sleeve. In early May, the U.S. Department of Justice announced the conclusion of a U.S. government operation called […]
The post How the FBI Fights Back Against Worldwide Cyberattacks appeared first on Security Intelligence.
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The campaign is the latest case of business email compromise, which costs victims billions of dollars annually.
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For threat actors, phishing embodies the holy trinity of goals: easy, effective and profitable. It’s no wonder that the 2022 X-Force Threat Intelligence Index reports that phishing was the top method used by attackers to breach an organization. Of all the attacks that X-Force remediated in 2021, attackers used phishing in 41% of them. Because […]
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Investigators found scammers involved in human trafficking.
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The group is believed to have hit more than 50,000 victims.
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“Operation Eagle Sweep” is the latest crackdown on business email compromise (BEC) scams by international law enforcement.
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Business email compromise again proved costliest, at $2.4 billion, according to the bureau’s Internet Crime Complaint Center
The post FBI: Cybercrime reports saw ‘unprecedented’ rise last year, costing nearly $7B appeared first on CyberScoop.
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