Many of these US fugitive cases were of great public concern. The head of a prostitution syndicate operating in northwest Indiana was extradited from Hong Kong in Dec 2013 and later sentenced to 30 years' imprisonment. In another case, Hong Kong police assisted the FBI in the arrest and succe...
The fraudsters are believed to have ordered phone upgrades for over 400 customers and intercepted the phones before they arrived. Financial details remained uncompromised during the hack, but the cybercriminals were able to access the following personal data: Customer names Phone numbers Dates of ...
To gauge the expansion of fraudsters’ targets, we analyze the changes in non-payment fraud that results in chargebacks. Signifyd’s Consumer Abuse Index shows that non-payment fraud attacks, such as false item-not-received claims,are double this summercompared to the early days of the pandemic...
the top external fraudsters companies faced in 2020 were customers (the source of 26% of all fraudulent activity), hackers (24%), and vendors/suppliers (19%). And they’re growing more and more sophisticated in their use of digital weapons. If your company can’t thoroughly vet a potential...
Studies indicate a 347 percent rise in account-takeovers. In this trick, fraudsters take control of consumer accounts through tactics like social engineering or phishing. “Consumer accounts carry invaluable personal credentials that cybercriminals look to steal. Fraudsters then use these troves of info...
Fraudsters and hackers operate the same way when crafting spear phishing messages. In essence, these emails are highly effective malicious marketing. The attacker wants to grab your attention, gain your trust, evoke an emotion, and present a call to action that achieves an objective —...
FireEye: FireEye disclosed a cyberattack, suspected to be the work of a nation-state group. The cybersecurity firm said the hack resulted in penetration tools being stolen. The biggest hacks, data breaches of 2020 (so far) Previous and related coverage ...
“Nobody knew connected TV was going to explode in 2020,” Eppert says. But the team saw that CTV was becoming a big advertising channel and the next opportunity for fraudsters, and Oracle Moat moved quickly to provide services to this growing market. They developed methods and systems to me...
We would also need a huge amount of accountants who understand how these fraudsters operate. Identity theft is no longer a small problem. It has gone global, and affects all the major economies of the world. People cannot spend their hard earned money when these identity thieves are stealing ...