PYMNTS

DECEMBER 2, 2019

The Federal Bureau of Investigation (FBI) has issued a warning about mobile apps developed in Russia, saying they could be a “ potential counterintelligence threat.” The revelation was made when the agency addressed questions about face-editing photo app FaceApp, which was developed by St. Petersburg-based Wireless Lab.

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FBI Federal Trade Commission Legal Government 52

PYMNTS

FEBRUARY 12, 2020

And in that top three, the FBI noted, BEC (sometimes called EAC, or email account compromise) was the absolute leader in generating losses, representing about $1.77 There were almost 24,000 complaints in 2019 and, according to the FBI, each successful attack costs roughly $75,000.

Business Email Compromise 101

Business Email Compromise FBI Email Compromise Scams 101

PYMNTS

OCTOBER 19, 2020

"To make sure that the malicious code is executed from Cmmlib.dll, the malware's author copied the real export list of that legitimate DLL but made sure to modify it and have all the functions direct to the same address — the malicious code's address space," IBM security researchers Chen Nahman, Ofir Ozer, and Limor Kessem told ZDNet.

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Ransomware FBI Phishing Treasury 123

PYMNTS

NOVEMBER 28, 2018

Google, the FBI and White Ops, along with a handful of cybersecurity companies, recently collaborated to shut down a digital ad fraud scam that used 1.7 Other tactics included hiding real IP addresses and infecting PCs with malware to create or generate fake clicks for online ads. million computers to generate fake clicks.

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FBI Scams Cybersecurity Bots 51

Fintech Finance

JUNE 20, 2024

Olugbenga ‘GB’ Agboola, the Chief Compliance Officer, Mr. Mobolaji Bammeke, the Director of the American Federal Bureau of Investigations (FBI), Mr. Christopher Gray, and other senior officials from both the EFCC and the FBI. The post Flutterwave Leads Fight Against Fraud with EFCC Partnership appeared first on Fintech Finance.

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Financial Crimes Crime FBI Law Enforcement 97

PYMNTS

MARCH 24, 2016

A media outlet in Israel is reporting that an Israeli company has been tasked with helping the FBI gain access into the iPhone owned by one of the shooters in last year’s San Bernardino shooting. As the FBI continued to conduct its own research and as a result of the worldwide publicity and attention on this case, others outside the U.S.

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FBI Encryption Government Governance 40

PYMNTS

OCTOBER 20, 2016

It looks like the LinkedIn hack — which resulted in over 117 million user passwords going out for sale on the internet — seems to have caught a break, as an alleged Russian hacker has been arrested in the Czech Republic following an FBI-coordinated tip-off. FBI officials have confirmed the arrest but have yet to provide details.

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FBI Correspondent Breach Addressing 67

PYMNTS

AUGUST 30, 2016

The bulletin cited IP addresses that traced back to server hosting companies in England, the Netherlands, Scotland and the United States. With this warning comes precautionary measures that the FBI highly encourages state election officials to undertake in order to secure their systems from any future attacks.

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FBI Database Breach Assessments 42

PYMNTS

JANUARY 13, 2020

That means the vast majority of businesses are at risk for an array of cybersecurity incidents, including the Business Email Compromise (BEC), which often sees fraudsters spoofing legitimate email addresses from vendors, and sending seemingly real requests for payment. According to local Kentucky Today reports, $1.5

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B2B Wire Transfer FBI Cybersecurity 89

PYMNTS

SEPTEMBER 22, 2020

Shopify fired the employees in question, and the company has begun working with the FBI in order to investigate the "criminal acts.”. Stores that were affected could have had consumer data exposed, including email addresses, names, addresses and other pertinent information, according to the post.

Consumer 95

Consumer FBI Breach Addressing 95

PYMNTS

APRIL 5, 2019

Stacy Arruda, a former special agent with the FBI and now executive director of the state of Florida ISAO on cybersecurity, said that part of the problem is that when it comes to protecting credit unions — and really any financial institution — danger lurks in what they don’t know. You should never blindly click on email,” she told Webster.

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FBI Credit Union Credential Cybersecurity 50

PYMNTS

OCTOBER 9, 2020

Justice Department report is taking aim at the “emerging threats and enforcement challenges” associated with digital currencies, establishing a “Cryptocurrency Enforcement Framework” to address problems. In unveiling the report , U.S. New Enforcement Framework.

Cryptocurrency 82

Cryptocurrency Bitcoin FBI Breach 82

PYMNTS

JUNE 4, 2019

The Government Accountability Office (GAO) and members of congress say the FBI’s use of facial recognition technology isn’t private or accurate enough, according to a report by VentureBeat. The FBI began using the software in 2011, and it first became fully operational in September of 2015.

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FBI Law Enforcement Database Audit 43

CB Insights

DECEMBER 9, 2021

California-based TRM Labs offers blockchain analytics and assists cryptocurrency firms, law enforcement agencies, and financial institutions in addressing fraud and financial crime stemming from crypto transactions. Uniswap, Circle, FTX, the IRS, and the FBI are included among its clients.

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Law Enforcement Compliance FBI IRS 63

The Fintech Times

JUNE 21, 2024

This partnership between Flutterwave and the EFCC exemplifies how public-private collaboration can effectively address these issues. This includes protocols for addressing emerging threats such as cryptocurrency-related crimes. Together, they will pave the way for a more secure and prosperous economy in Nigeria and across Africa.

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Crime Research Financial Crimes FBI 64

PYMNTS

OCTOBER 14, 2019

Our technical team is working to restore the affected systems, and it is working closely with third-party consultants to address this matter. The FBI recently warned that “high impact” attacks would be hitting large companies.

Ransomware 51

Ransomware FBI Consulting Encryption 51

PYMNTS

MAY 14, 2019

Hackers obtained names, addresses and contact details for the customers. Equifax went to the Federal Bureau of Investigation (FBI) and the Central Intelligence Agency (CIA), and the company even began looking into a way to monitor the computer activity of its Chinese employees.

Compromise 65

Compromise Accounts FBI Law Enforcement 65

PYMNTS

JULY 30, 2019

“Although some of the information in those applications (such as Social Security numbers) has been tokenized or encrypted, other information including applicants’ names, addresses, dates of birth and information regarding their credit history has not been tokenized,” the FBI complaint said, and the bank told the bureau that the data includes “likely (..)

Breach 87

Breach Law Enforcement Data Breach Social Security 87

PYMNTS

DECEMBER 24, 2019

The revelation was made when the agency addressed questions in regards to face-editing photo app FaceApp, which was developed by Wireless Lab based in St. Senate Minority Leader Chuck Schumer called for the Federal Trade Commission and the FBI to conduct national security reviews on the app. Petersburg. Also, Democratic U.S.

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FBI Federal Trade Commission Cybersecurity Government 55

PYMNTS

JANUARY 26, 2017

They are also accused of utilizing a network of more than 1,800 addresses for the falsified personas. According to prosecutors, the defendants allegedly used fake identities and credit profiles, strengthened creditworthiness with false data and proceeded to go on major shopping sprees.

Credit Cards 43

Credit Cards FBI Authorization Addressing 43

PYMNTS

OCTOBER 14, 2019

Our technical team is working to restore the affected systems, and it is working closely with third-party consultants to address this matter. The FBI recently warned that “high impact” attacks would be hitting large companies.

Ransomware 46

Ransomware FBI Consulting Encryption 46

PYMNTS

JULY 29, 2019

The Washington Post reported that the FBI has arrested a Seattle area woman, Paige A. Thompson, on a charge of computer fraud and abuse. While I am grateful that the perpetrator has been caught, I am deeply sorry for what has happened,” Richard D.

Credit Cards 46

Credit Cards Caps FBI Social Security 46

PYMNTS

SEPTEMBER 12, 2016

The hacking of internet-linked devices has been a growing security concern in recent years — car hacking, in particular — and the National Highway Transportation Safety Administration (NHTSA), along with the FBI, announced in March that vehicles were “increasingly vulnerable” to hacking. million Fiat Chrysler automobiles in the U.S.

Security 72

Security FBI Cybersecurity Risk 72

PYMNTS

MARCH 9, 2017

FBI Director James Comey discussed cybersecurity issues at a Boston College cybersecurity conference this week, highlighting that Americans should let go of their expectations of “absolute privacy.”. Comey also told conference attendees that he intends to stay in his current position and finish out his 10-year term heading the FBI.

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FBI Encryption Cybersecurity Privacy 44

PYMNTS

AUGUST 16, 2019

“Although some of the information in those applications (such as Social Security numbers) has been tokenized or encrypted, other information including applicants’ names, addresses, dates of birth and information regarding their credit history has not been tokenized,” the FBI complaint said, and the bank told the bureau that the data includes “likely (..)

Caps 67

Caps Security Cybersecurity Breach 67

The Fintech Times

FEBRUARY 9, 2024

A ransomware group known as ALPHV, which was targeted by the FBI in December 2023, breached over 1,000 entities, demanded over $500million, and received over $300million in ransom payments. It explains that there is a lack of strong security solutions which would help detect the exploitation of zero-day vulnerabilities. The post 91.1%

Phishing 72

Phishing AI MSPS Ransomware 72

VISTA InfoSec

JUNE 21, 2023

The Federal Trade Commission (FTC) recommends that companies notify law enforcement as soon as possible by contacting local FBI or U.S. Also, adopt advanced encryption and firewalls, impose more controlled access to systems, and liaise with legal teams where needed to ensure all areas of concern are addressed. Secret Service offices.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

PYMNTS

SEPTEMBER 24, 2018

billion in 300,000-plus reported cyberattacks last year, according to the Federal Bureau of Investigation (FBI). Usually following a data breach, these attacks rely on phishing or other schemes to steal a business’ or individual’s account information — including address, name and payment details — to make a purchase. All told, U.S.

AI 78

AI Account Takeovers Data Breach Cybersecurity 78

PYMNTS

DECEMBER 9, 2016

Attorney’s Office and the FBI issued a joint statement that detailed their ongoing joint efforts with other U.S. Though progress has surely been made in addressing this growing type of cybercrime, Chytrý said that there’s no way that just taking down Avalanche will be enough. Just last week, the U.S. Department of Justice, the U.S.

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Monetary Loss Money Laundering FBI Phishing 90

PYMNTS

MAY 12, 2020

One selling point to get JPMorgan to tiptoe into banking services for crypto may be due to the fact that the exchanges are relatively heavily regulated, with security qualifications in place (or “SOC,” for short) that address security, processing and data privacy. Last month, the FBI warned that crypto-related scams are on the rise.

Bitcoin 60

Bitcoin FBI Cryptocurrency Scams 60

PYMNTS

JANUARY 31, 2020

The suspects are accused of swiping personal data like phone numbers, addresses and names, as well as payment information. The FBI says it has been monitoring eSkimming for almost seven years. s Ticketmaster site in June 2018. s Ticketmaster site in June 2018.

FBI 52

FBI Crime Cybersecurity Data Breach 52

PYMNTS

JUNE 30, 2019

The charges stem from the massive data breach Equifax was hit by in 2017, which compromised the names, Social Security numbers, birth dates, and addresses of more than 145 million Americans. Otherwise the public’s trust in the stock market will erode,” said Chris Hacker, Special Agent in Charge of FBI Atlanta.

Data Breach 43

Data Breach FBI Breach Social Security 43

PYMNTS

JANUARY 3, 2019

Federal agencies — including the Securities and Exchange Commission (SEC), the FBI, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) — are looking into the breach, and Zuckerberg was grilled on Capitol Hill about it over the course of two days. To be clear, addressing these issues is more than a one-year challenge.

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Federal Trade Commission FBI FTC Breach 55

The Fintech Times

NOVEMBER 27, 2024

Recently, the United States Federal Bureau of Investigation (FBI) created its own crypto token to take down criminals. Money laundering and fraud are on the rise and according to Sumsub’s Fraud Report 2024 , the crypto industry was in the top five industries with the highest fraud rates in 2024.

Transactions 59

Transactions Financial Crimes Crime Blockchain 59

PYMNTS

JUNE 30, 2019

The charges stem from the massive data breach Equifax was hit by in 2017, which compromised the names, Social Security numbers, birth dates, and addresses of more than 145 million Americans. Otherwise the public’s trust in the stock market will erode,” said Chris Hacker, Special Agent in Charge of FBI Atlanta.

Data Breach 40

Data Breach FBI Breach Social Security 40

PYMNTS

FEBRUARY 29, 2016

A couple of hot topics surrounding Apple were recently addressed by none other than the company’s CEO himself. In addressing the strictly business aspects of Apple’s plans, meanwhile, Cook shared at the meeting that Apple intends to raise its dividend on an annual basis.

Privacy 40

Privacy FBI Ubiquitous Caps 40

PYMNTS

MAY 15, 2017

Instead, notify the authorities immediately: the National Association of Attorney Generals, your local office of the FBI, and your bank. The FTC warns the public that if you receive an ACH payment, check, cashier’s check or certified check from a customer with this routing number, do not accept it.

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FTC Scams Federal Trade Commission Federal Reserve 41