Just How Lucrative is Cybercrime? According to New Charges Against One Gang, $30 Million Lucrative

Mar 23, 2020 8:28:55 AM By Stu Sjouwerman

The recent arrest and charging of a gang of 24 U.S.-based cybercriminals in Atlanta demonstrates how easy it is to become a cybercriminal and use social engineering tactics to fool people ...

U.K. Pensions Regulator Sees 145 Percent Increase in Malicious Email Activity

Mar 13, 2020 8:21:15 AM By Stu Sjouwerman

The U.K. Government’s massive jump in email-based cyberattacks far outpaces even the most aggressive phishing or spam growth numbers seen this year.

Cruel Hoax Scams Elderly Woman

Mar 10, 2020 8:27:25 AM By Stu Sjouwerman

An 89-year-old woman in Delaware lost $9,500 to scammers who told her that her grandson had been arrested for causing a car accident, Delaware Online reports. The scammers called the ...

Courts Limit Payout on Insurance Claim to Just One Section of the Liability Policy

Mar 4, 2020 5:14:07 PM By Stu Sjouwerman

The latest ruling shows how the courts are becoming well-versed in the ways of cyberattacks, and are holding both insurers and policyholders to the letter of the contract.

Nigerian Man Arrested 3 Years After $850,000 Stolen in Email Scam

Feb 28, 2020 9:32:41 AM By Stu Sjouwerman

The Boulder County Sheriff’s Office says a Nigerian man has been arrested more than three years after $850,000 was stolen in construction bond money from the Boulder Valley School ...

An Influence or Wire Fraud?

Feb 26, 2020 8:26:37 AM By Stu Sjouwerman

A 22-year-old Instagram and YouTube influencer named Kayla Massa has been arrested after allegedly convincing her followers to assist her in a fraud scheme, Quartz reports. Prosecutors ...

The Good Taxi Driver

Feb 18, 2020 8:19:13 AM By Stu Sjouwerman

A taxi driver in Roseville, California saved an elderly passenger from being scammed out of $25,000, CNN reports. Rajbir Singh, the owner of Roseville Cab, recently picked up a ...

Emotet-Based Sextortion Scams Net 10 Times More than Necurs-Based Scams

Feb 17, 2020 8:28:40 AM By Stu Sjouwerman

The Emotet trojan just won’t die and appears to be gaining steam as sextortion scams are netting cybercriminals a massive return in exchange for their devious efforts.

Cyberattacks in 2019 Cost over $3.5 Billion in Victim Losses with Business Email Compromise Taking in Half

Feb 14, 2020 8:35:19 AM By Stu Sjouwerman

The FBI’s annual year-in-review breaks down how 467,000 cyber attacks succeeded in taking consumers and businesses alike for billions of dollars.

Organizations Beware! Cyberattacks are Becoming More Prevalent, Hitting More Device OSes, and are Shifting Focus to You

Feb 13, 2020 8:25:33 AM By Stu Sjouwerman

The latest data from Malwarebyte’s annual State of Malware Report shows increases almost across the board, showing that the bad guys are stepping on the gas into 2020.

FBI Internet Crime Report Released: The Evolving Threat and Importance of Reporting

Feb 12, 2020 10:42:48 AM By Stu Sjouwerman

The FBI's Internet Crime Complaint Center released its 2019 Internet Crime Report, and by no surprise the bad guys and new scams show no signs of stopping anytime soon. Last year the ...

Bahrain’s National Oil Company Hit by Iranian "DustMan" Data Wiper

Jan 9, 2020 2:43:30 PM By Stu Sjouwerman

The Bahrain National Oil Company was attacked by Iranian state-sponsored hackers implanting a destructive data wiper nicknamed "DustMan."

Money Mules and Evil Corp.

Dec 17, 2019 9:32:59 AM By Stu Sjouwerman

Last week we reported that the U.S. Justice and Treasury Departments filed charges against and placed sanctions on the members of “Evil Corp.,” the criminal group behind the Dridex ...

Microsoft Sees Phishing on the Rise

Dec 11, 2019 7:00:00 AM By Javvad Malik

According to Microsoft security research, the percentage of inbound emails associated with phishing on average increased in the past year. For some, this may feel like obvious news, but ...

You Can’t Always Trust a Dot-Gov Domain

Dec 2, 2019 7:12:15 AM By Stu Sjouwerman

It may be easier than one thinks to register a dot-gov domain, according to KrebsOnSecurity. People have tended to regard urls with the top-level domain dot gov as generally reliable, but ...

SIM Card Attack May Affect Over 1 Billion Mobile Phones Worldwide

Nov 15, 2019 7:00:00 AM By Stu Sjouwerman

Using SMS messaging, attackers can use phishing tactics to hijack mobile devices using a legacy piece of SIM code, called the S@T Browser, to execute commands as part of a more ...

A Lawyer's Look at "Big Game Phishing"

Oct 17, 2019 6:50:18 AM By Stu Sjouwerman

Ransomware attacks have increasingly been going after high-value data in order to extract larger ransoms from victims, according to the well-known law firm Cooley. This trend was ...

Organizations Experiencing Attacks Rises by 35% as Most Consider Themselves Cyber-Novices

Oct 14, 2019 7:00:00 AM By Stu Sjouwerman

An increase in attacks should equate to a rise in organizational cyber-preparedness. But according to new research from U.K. cyber insurer Hiscox, organizations simply aren’t ready.

Crime Sometimes Pays: $1.1M Recovered from U.K. Phishing Scammer 2 Years After Being Caught

Oct 7, 2019 7:00:53 AM By Stu Sjouwerman

We don’t often hear enough stories of cybercriminals being caught and paying back what they’ve stolen, but in the case of scammer Grant West, that’s exactly what has happened.

[Heads Up] Five New Ways How Cyber Criminals Commit Insurance Fraud

Sep 30, 2019 7:39:58 AM By Stu Sjouwerman

TransUnion and Iovation predict that the increased use of online platforms to interact with insurance providers will result in new fraud challenges for insurance companies and their ...

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