Remove Cybersecurity Remove FBI Remove Monetary Loss
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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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International Organizations Take Down Criminal Servers

PYMNTS

For anyone who is still a bit shaken given the recent international media attention to and coverage of cybersecurity vulnerabilities, here is some good news. Attorney’s Office and the FBI issued a joint statement today (Dec. Department of Justice, the U.S. 1) that detailed their ongoing combined efforts with other U.S.