PYMNTS

DECEMBER 4, 2018

The Financial Times , citing cyber threat detection company Agari, reported the group, which goes by the name London Blue, is focusing on the business email compromise scam. The Financial Times noted that in July the FBI warned hackers were targeting CFOs, getting them to transfer money to unknown accounts. or the U.S.

Law Enforcement 46

Law Enforcement Email Compromise FBI Scams 46

Center for Payments

NOVEMBER 21, 2023

The FBI works to raise awareness of the types of scams that are common around the holidays and how you can protect yourself and your customers or members. The FBI reports, “Charity scam solicitations may come through cold calls, email campaigns, crowdfunding platforms, or fake social media accounts and websites.

Holiday Scams 40

Holiday Scams Scams FBI Federal Trade Commission 40

PYMNTS

JUNE 10, 2019

Business enterprise compromise (BEC) scams are crossing borders, where fraudsters in Africa are targeting U.S. The FBI reported that BEC scam losses roughly doubled in 2018, as measured year over year, to $1.2 And then, as they evolve, you see them growing in size, growing in the breadth and depth of scams they’re launching.

Business Email Compromise 51

Business Email Compromise Scams Romance Scams Counterfeit Check 51

PYMNTS

JUNE 20, 2016

The business email compromise has created more than 22,000 cases in the U.S. and elsewhere, the FBI found, leading to requests for $3.1 Business email compromises are also on the rise in the U.K., billion from cyberattackers since Oct. billion in losses hit U.K. Like in the U.S., fraudsters are targeting U.K.

Email Compromise 41

Email Compromise Bitcoin APACS Wire Transfer 41

PYMNTS

NOVEMBER 6, 2017

In September, the consumer credit agency Equifax reported that the personal information of roughly 143 million Americans was compromised in a data breach of epic proportions. Nelson said the organization was alerted by the FBI in 2009 regarding a rise in corporate account takeovers. percent from Q2 2016 to Q2 2017.

FS-ISAC 47

FS-ISAC Cybersecurity Account Takeovers NACHA 47

FICO

JANUARY 10, 2023

As Debbie Cobb explained, card skimming is big business; the FBI estimates that “skimming costs financial institutions and consumers more than $1 billion each year.” In 2022, we saw an alarming increase in the number of compromised cards, as monitored by the FICO’s Card Alert Service. Source: KTVU Fox 2 .

Scams 52

Scams Posting Push-to-Card Compromise 52

PYMNTS

OCTOBER 27, 2017

states, although law enforcement officials believe the threats are empty. This week saw warnings from both the Department of Homeland Security and the Federal Bureau of Investigation (FBI) that sophisticated hackers are targeting nuclear, energy, aviation, water and critical manufacturing industries, as well as government entities.

AI 46

AI Account Takeovers Payment APIs and Integration Cross-Border 46

PYMNTS

JUNE 12, 2018

Federal authorities including the Department of Justice and the FBI announced Monday (June 11) that law enforcement arrested 74 people in the U.S. and overseas for engaging in international business email compromise schemes aimed at intercepting and stealing wire transfers from individuals and businesses.

Email Compromise 60

Email Compromise FBI Compromise Scams 60

PYMNTS

JULY 30, 2019

The company said it discovered July 19 that there was unauthorized access and fixed the configuration vulnerability, then immediately notified federal law enforcement. The breach impacts about 100 million individuals in the United States and around 6 million in Canada.

Breach 87

Breach Law Enforcement Data Breach Social Security 87

PYMNTS

JULY 29, 2019

The company revealed Monday (July 29) that on July 19 it discovered that there was unauthorized access by an outside individual, adding that it immediately fixed the configuration vulnerability that was exploited and immediately notified federal law enforcement. Thompson, on a charge of computer fraud and abuse.

Credit Cards 46

Credit Cards Caps FBI Social Security 46

PYMNTS

JULY 30, 2019

Kevin Zosiak, who lives in Stamford, Connecticut, and whose personal information was compromised in the breach, filed the suit in federal court in Washington, D.C., About 140,000 Social Security numbers and 80,000 bank account numbers were compromised. . The FBI has arrested a Seattle area woman, Paige A. Reuters reported.

Data Breach 43

Data Breach Breach Law Enforcement Social Security 43

PYMNTS

MAY 15, 2017

In May of 2016, the FBI reported that ransomware would top $1 billion that year — they estimated $1.6 Federal law enforcement authorities and internationally renowned independent security organizations also point to bitcoin as one of the major reasons that cybercrimes, especially ransomware, have taken off.

Bitcoin 62

Bitcoin Ransomware Multi-Currency Regulations 62

PYMNTS

OCTOBER 21, 2016

According to researcher and developer Willem de Groot, the online storefront for the National Republican Senatorial Committee (NRSC) was one of nearly 5,900 eCommerce sites compromised by malicious skimming software. 4 post revealing the NRSC compromise. The culprits are hiding behind a shell company in Belize.

Law Enforcement 67

Law Enforcement Ransomware Credit Cards Compromise 67