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The Big Spike In ‘CEO Fraud’

PYMNTS

As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses. billion (or slightly over half) of all losses tracked in 2019. billion (or slightly over half) of all losses tracked in 2019.

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Hackers Take Crimeware-As-A-Service To New Heights

PYMNTS

Attorney’s Office and the FBI issued a joint statement that detailed their ongoing joint efforts with other U.S. If one thing is clear, it’s that the burden of fighting back against the Crimeware-as-a-Service threat and botnet attacks will involve effort from all stakeholders — device manufacturers, authorities, consumers and businesses.