Extortion

CDK Global Hackers Tied to 96 Cyberattacks in Past Year
CDK Global Hackers Tied to 96 Cyberattacks in Past Year
June 28, 2024  |  Fraud Attack

The hackers who struck car dealership software-as-a-service (SaaS) platform CDK Global on June 18 and 19 are reportedly affiliated with a Russia-based group called BlackSuit. This cybercriminal...

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Bomb Threat Ransoms Join Retailers’ List of Security Headaches
Bomb Threat Ransoms Join Retailers’ List of Security Headaches
June 25, 2023  |  Retail

Retailers are facing a new breed of scammers using bomb threats to achieve their goals. As The Wall Street Journal (WSJ) reported Sunday (June 25), these criminals...

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FinCEN Warns Of COVID Scams Targeting FIs, Consumers
FinCEN Warns Of COVID Scams Targeting FIs, Consumers
August 02, 2020  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. FinCEN...

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Criminals Use Voice AI To Steal Money
Criminals Use Voice AI To Steal Money
August 30, 2019  |  Security & Fraud

Cybercriminals impersonated the voice of an energy company’s chief executive and demanded an urgent transfer of $243,000 – and it worked, according to a report...

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Bitcoin Daily: Russian Agents Arrested For Bitcoin Fraud; VW Launches Blockchain Battery Pilot
Bitcoin Daily: Russian Agents Arrested For Bitcoin Fraud; VW Launches Blockchain Battery Pilot
April 24, 2019  |  Bitcoin

Two Russian Federal Security Service (FSB) agents have been charged for their alleged involvement in a bitcoin extortion scam. According to Hard Fork, Sergey Belousov...

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Consumers Accuse Walmart And Bloomingdale’s Of Extorting Alleged Shoplifters
Consumers Accuse Walmart And Bloomingdale’s Of Extorting Alleged Shoplifters
July 03, 2018  |  Retail

Even shoplifters have rights, and when push comes to shove, shoplifters will push to have their rights recognized in court. Some of the country’s biggest...

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FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
FTC: Fraudsters Posed As Attorneys In Debt Collection Scheme
July 18, 2017  |  Security & Fraud

The Federal Trade Commission (FTC) is putting the kibosh on a debt collection operation’s illegal activity. The operation had been extorting money from consumers, who...

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Mars, Kellogg’s Treatment Of Aussie SMEs Likened To ‘Extortion’
Mars, Kellogg’s Treatment Of Aussie SMEs Likened To ‘Extortion’
April 05, 2017  |  B2B Payments

Major corporations including Mars and Kellogg’s in Australia have been singled out by the nation’s Small Business and Family Enterprise Ombudsman for mistreatment of SMEs,...

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Ransomware Rises 752% in 2016, Trend Micro Says
Ransomware Rises 752% in 2016, Trend Micro Says
March 01, 2017  |  Security & Fraud

Trend Micro released its annual security roundup report, “2016 Security Roundup: A Record Year for Enterprise Threats,” which showed that ransomware cyber threats hit an...

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