Fraud Attack

Fraud Attack
T-Mobile Hacked, User Data Stolen
March 05, 2020

Telecom giant T-Mobile suffered a data breach that exposed the personal information of employees and customers to unknown hackers, according to reports. “We want to let you know about a sophisticated attack that we recently identified and quickly shut down, which may have impacted some...

Fraud Attack
Online Porn Pays Off For Fraudsters
April 11, 2019

Like it or not, pornography — among the most ancient human creative endeavors — is a central player in the digital world we inhabit. By some accounts, pornography played a central role in the rise of the internet (and provided significant funding for cable and...

Fraud Attack
Experts Say Equifax Data Breach Was A Spy Job
February 14, 2019

Remember all that stolen Equifax data? Remember how all those names, addresses, dates of birth, Social Security and drivers’ license numbers and other information were stolen in September of 2017 – the information of some 143 million people – in what still stands as the one...

Fraud Attack
Red Envelopes, Fortnite And The Rise Of Micro Money Laundering
February 08, 2019

One of the main differences between a successful criminal and a wanna-be is that the smart one knows how to hide (often in plain sight), and use methods that often seem more mundane than dramatic — despite what Hollywood has trained us to believe over the...

Fraud Attack
How An HSBC Teller Stopped A $500 Million Bank Heist
October 04, 2018

What did you do for your employer and/or coworkers today? Arrive an hour or two early to get a jump on a big project? Meh. Bring donuts for the entire office? Such a hero. Identify a potential new revenue stream? Amateur. No matter the significance...

Fraud Attack
Hacker Attack Exploits Security Hole In Token Exchange
September 18, 2018

A cyberattack on what’s been described as a “decentralized” token exchange reportedly has led to a $58,000 theft and an illustration of a “shocking security vulnerability.” According to a report in The Next Web, hackers flooded the exchange with “one billion fake EOS.” EOS refers...

Fraud Attack
North Korean Hackers Paid Using A Bitcoin Wallet
September 17, 2018

The alleged North Korean hacking of Sony, Bangladesh Banks and other targets stand as some of the most infamous cyberattacks yet experienced. And the recently unsealed criminal complaint against the accused perpetrator offers some clues about the payments flow related to those felonies. In a...

Fraud Attack
Google Weeds Out Tech Support Scam Artists
September 04, 2018

Google is trying to stop scammers who advertise fake technical support on its platform. According to a report in the Wall Street Journal, citing an investigation by the paper that found criminals were using Google’s ad platform to buy search ads that purported to be...

Fraud Attack
Home Buyers, Tricked By Business Email Scams, Lose Six-Figure Sums
September 04, 2018

A scam targeting homeowners is leaving some without the downpayment for their closing on the day the loan is to be signed. CNBC highlighted two victims who lost six-figure sums in what is known as a business email compromise scam, with one losing the home...