Collaborate Disseminate
“Nuke Bizzle” faces 22 years in prison after brazenly bragging about an identity-theft campaign in his music video, “EDD.” Continue reading Rapper Scams $1.2M in COVID-19 Relief, Gloats with ‘EDD’ Video
U.S. officials have sanctioned six Nigerian men for their involvement in email fraud schemes resulting in the theft of more than $6 million from American businesses and individuals. The Department of Treasury announced on Tuesday it had taken action against the accused scammers as part of an effort to stifle business email compromise efforts, in which attackers pose as co-workers, family members or romantic partners. In this case, suspects impersonated executives and potential love interests to obtain victims’ bank account information, usernames and passwords, Treasury officials said. More than 19,000 Americans reported being victimized by such crimes in 2019, leading to $1.5 billion in known theft, according to the most recent figures from the FBI. Reported losses have increased every year since the bureau started tracking BEC figures in 2013, officials said. “Cybercriminals prey on vulnerable Americans and small businesses to deceive and defraud them,” Treasury Secretary Steven Mnuchin said […]
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When a reliable method of scamming money out of people, companies or governments becomes widely known, underground forums and chat networks tend to light up with activity as more fraudsters pile on to claim their share. And that’s exactly what appears to be going on right now as multiple U.S. states struggle to combat a tsunami of phony Pandemic Unemployment Assistance (PUA) claims. Meanwhile, a number of U.S. states are possibly making it easier for crooks by leaking their citizens’ personal data from the very websites the unemployment scammers are using to file bogus claims. Continue reading Riding the State Unemployment Fraud ‘Wave’
Security researchers discovered that the Scattered Canary group had filed hundreds of fraudulent unemployment claims in the wake of COVID-19. According to Agari Cyber Intelligence Division, at least some of the threat actors who took part in a large-sc… Continue reading Scattered Canary Behind Hundreds of Fraudulent Unemployment Claims
The business email compromise (BEC) gang Scattered Canary has filed more than 200 fraudulent claims for unemployment benefits and for COVID-19 relief funds. Continue reading Fraudulent Unemployment, COVID-19 Relief Claims Earn BEC Gang Millions
At Infosecurity Europe, Threatpost gets a behind-the-scenes look at the discovery of BEC cybergang Scattered Canary. Continue reading Podcast: Behind-the-Scenes Look at Scattered Canary BEC Cybergang
At Infosecurity Europe, researchers detailed a cybergang that grew from a one-man shop launching Craigslist scams to a full-on enterprise BEC group. Continue reading Newly-Identified BEC Cybergang Targets U.S. Enterprise Victims