Tag: Fraud

January 20, 2021

The online dating scene has become the best way for fraudsters to lure individuals into placing their hard-earned cash in phony investment apps, The International Criminal Police Organization (Interpol) has warned. In a Purple Notice to all of its 194 […]

November 13, 2020

The statement comes from the Election Infrastructure Government Coordinating Council (GCC) Executive Committee — which includes the Cybersecurity and Infrastructure Security Agency (CISA) — and the Election Infrastructure Sector Coordinating Council (SCC). “When states have close elections, many will recount […]

October 26, 2020

The US Federal Trade Commission (FTC) has launched a new cyber-fraud reporting platform, where consumers can easily report fraud, scams or bad business practices. As fraud has surged during the pandemic, the consumer protection agency has created ReportFraud.ftc.gov, a user-friendly […]

October 19, 2020

With health insurance open enrollment season just around the corner, US consumers preparing to change or add to their health coverage should watch out for scammers, the Better Business Bureau (BBB) warns. According to the consumer protection organization, fraudsters call […]

September 9, 2020

Organizations that allow users and third parties to list products and services, post reviews, classifieds and other content on their ecommerce, mobile and social media platforms have become major targets for scammers looking to steal credentials, take over accounts and […]

August 28, 2020

In a newly published paper, David Basin, Ralf Sasse, and Jorge Toro-Pozo from the department of computer science at ETH Zurich, explain that vulnerabilities identified in the standard EMV implementation could be exploited to render the PIN verification useless on […]

August 26, 2020

Since the beginning of the pandemic, the Federal Trade Commission (FTC) has received over 175,000 consumer reports related to Covid-19 scams, totaling a whopping $118.81 million in losses. So far, the top fraud reports relate to: Online shopping, with 26,792 […]

August 17, 2020

A credential stuffing attack targeting Canada Revenue Agency (CRA) accounts has forced the government tax collector to suspend its online services over the weekend. The compromised accounts were linked to the GCKey portal, a system used by 30 federal departments […]

August 4, 2020

The FBI’s latest Public Service Announcement warns Internet users about a surge in online shopping scams. According to complaints received by the bureau, more and more online shoppers are being directed to fraudulent websites via social media and online search […]

July 24, 2020

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

July 13, 2020

The fraud landscape is evolving and, as the world becomes increasingly digital, so do the criminals. From petty schemes to high-class social engineering strategies, fraudsters cash out on billions each year. Creating a fake identity The FTC calls synthetic identity […]

June 19, 2020

The man, Justin Sean Johnson, aka “TDS” and “DS,” 29, was indicted on charges of conspiracy, wire fraud and aggravated identity and is believed to have sold exfiltrated personally identifiable information (PII) and W-2 information on the dark web. Johnson […]

June 15, 2020

In the past 3 months, more than 44 million Americans have filed for unemployment, and as local officials rush to provide benefits for jobless citizens, fraudsters are having a field day. Spikes in unemployment fraud have spread across the United […]

June 10, 2020

Nearly 39 million Americans have lost their jobs since the COVID-19 crisis struck the nation three months ago. With this unprecedented level of unemployment, fraudsters have set up shop on job-seeking websites. Falling victim to a job scam has never […]

May 18, 2020

The latest memo from the U.S. Secret Service reveals that overseas criminals are registering for unemployment claims using stolen Social Security numbers and personally identifiable information (PII). Unemployment benefit scams are not unique, but the Coronavirus pandemic has given fraudsters […]

May 4, 2020

Email spoofing is forging email so it looks like it came from someone it didn’t. I learned to spoof email in the fall of 1993 during my sophomore year at Northwestern. An upperclassman in my dorm showed me. At that […]

April 20, 2020

The U.S. Treasury Department is anticipating fraud as the IRS distributes about $300 billion in direct cash payments to Americans to provide economic relief during the COVID-19 pandemic. Two services the IRS has quickly stood up for submitting their direct […]

April 14, 2020

The U.S. Federal Trade Commission revealed that Coronavirus-related scams reported by consumers since January 2020 caused approximately $12 million losses. FTC received 16,778 reports of frauds, roughly 46.3% of fraud complaints also reporting a loss between January 1, 2020 – […]

April 8, 2020

The Internet Corporation for Assigned Names and Numbers took the unusual step of firing off a letter to “registrars” entrusted with the business of issuing website names around the world. “As you’re also aware, ICANN cannot, under our bylaw and […]

March 26, 2020

COVID-19-themed scams are exploding both online and offline. Hijacked Twitter accounts peddling fake cures, scammy sites offering emergency supplies, misinformation campaigns, phishing emails and – can you believe it? – even a computer antivirus solution that protects against COVID-19! What […]