PYMNTS

MARCH 9, 2020

The FBI has once again sounded the alarm on the proliferation of digital fraud like ransomware and the business email compromise (BEC) scam, releasing new stats on the financial damage such criminal activity has caused in the U.S. in recent years. billion in 2019.

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Innovative Payments Association

OCTOBER 3, 2023

​Mentions of Chicago and the FBI might conjure images of men in fedoras with Tommy Guns, but modern crime is much more electronic than it used to be. With that in mind, the IPA recently held a session with the Chicago Field Office of the FBI where agents spoke about the trends in crime and payments.

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PYMNTS

DECEMBER 26, 2018

The Federal Bureau of Investigation (FBI) is warning about a new form of fraud that targets companies, schools and nonprofits around the United States. The FBI is especially concerned about the people who become involved in international money laundering schemes that result in large economic losses.

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PYMNTS

DECEMBER 23, 2019

The FBI program IDLE (Illicit Data Loss Exploitation) has companies plant decoy data as a way to confuse thieves looking to hack valuable information. Chu, acting assistant section chief for the FBI’s Cyber Engagement and Intelligence Section, told Ars. The fake data is mixed with real information to make it appear authentic.

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PYMNTS

MARCH 10, 2020

service, which lets hackers advertise and sell stolen information, has been arrested by the FBI, according to published reports Tuesday (March 10). It is allegedly used for cybercrime, according to the FBI. The FBI said it had reviewed more than 250 stores on Deer.io regularly, the FBI said. According to U.S.

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PYMNTS

OCTOBER 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts, CNBC reported Thursday (Oct.

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PYMNTS

SEPTEMBER 30, 2019

Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the matter after accounts payable department professionals for Fairfax County, Virginia received an email claiming to be from Dell Computers, requesting that the county reroute pending payments to a different, Ohio-based account.

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PYMNTS

MARCH 7, 2019

The Federal Bureau of Investigation (FBI) has launched a preliminary investigation into Amazon ‘s work with the U.S. While the FBI declined to comment on the matter, former FBI Agent Thomas Baker told the FNN that such investigations involving the DoD IG are not uncommon.

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PYMNTS

APRIL 26, 2019

Recently announced statistics from the Federal Bureau of Investigation (FBI) bear out this trend. The numbers come from the FBI’s annual Internet Crime Report , which detailed that the use of social engineering, emails and other methods to get victims to wire money to fraudsters was a lucrative business. billion in 2018. In Ireland.

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PYMNTS

AUGUST 13, 2018

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

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PYMNTS

OCTOBER 11, 2018

FBI Director Christopher Wray had this to say about recent allegations that spy chips from China had been placed into servers owned by tech giants such as Apple and Amazon : “Be careful what you read.”. Apple never had any contact with the FBI or any other agency about such an incident. Especially in this context.”.

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PYMNTS

FEBRUARY 6, 2020

Christopher Wray, the director of the FBI, said China wanted to steal U.S. As I stand here talking with you today, the FBI has about 1,000 investigations involving China’s attempted theft of U.S. based technology in all 56 of our field offices and spanning just about every industry sector,” Wray said. William Evanina, a senior U.S.

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PYMNTS

JULY 13, 2020

In July of 2019, after the crimes had already allegedly been taking place for months, the FBI was able to infiltrate the circle and an agent used the same handle as a previous associate to talk with Ponle, using that to conduct a transaction and prove what was going on. But the two likely needed a U.S.-based

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Business Email Compromise FBI Bitcoin Email Compromise 86

The Paypers

NOVEMBER 25, 2021

US-based Cybersecurity and Infrastructure Security Agency and the FBI have warned against ransomware attacks around Thanksgiving holiday and recommend safety measures.

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The Paypers

NOVEMBER 18, 2024

Multinational investment bank Citigroup has been probed by US government agencies, the DOJ, the FBI, and the IRS, over its ties to sanctioned Russian billionaire

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Government Governance IRS FBI 41

Payments Dive

MARCH 25, 2024

SEC enforcement actions against cryptocurrency players were up last year, but the commission is under attack for not issuing new rules for the industry.

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FBI Cryptocurrency Rules 88

VISTA InfoSec

JUNE 27, 2024

LAUSD officials have announced that it has informed the FBI, CISA, and its vendors to investigate the incident further. Once they accessed the accounts, the attackers downloaded all the data and attempted to extort the companies, threatening to sell or leak the data if their demands were unmet.

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Payments Source

MARCH 22, 2016

The tension between the desire of government agencies to gain more access with greater ease, and the public’s evolving perception of data privacy rights, is ongoing and writ large in the case of FBI vs. Apple, which brings the complexities regarding security technology such as encryption to light.

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FBI Encryption Disputes Privacy 68

PYMNTS

JUNE 12, 2020

In today’s top news, the FBI warns users to beware of cyberattacks, and DoorDash is expected to receive new funding that will value the company at $15 billion. FBI Issues Warning To Bank Mobile App Users. Plus, Quicken Loans may be preparing an IPO.

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FBI Online and Mobile Banking Federal Reserve Volume 52

Payments Source

MARCH 9, 2016

The fight between Apple and the FBI over the security protections on the San Bernardino, Calif., iPhone is about more than a single iPhone or Apple’s product line. This is a reality check for the entire tech industry, which has largely remained unchecked.

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PYMNTS

MARCH 29, 2016

As the FBI works to combat a specific type of ransomware virus, it is calling on businesses and software security experts for emergency assistance in its investigation. Over the weekend, Reuters obtained a confidential “Flash” advisory from the FBI: “We need your help!”

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PYMNTS

APRIL 14, 2016

In order to access the San Bernardino terrorist’s locked iPhone, the FBI reportedly called on the help of professional hackers. Sources explained that the researchers who helped the FBI specialize in exposing security vulnerabilities in software and were paid a one-time flat fee for their services.

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FBI Privacy Legal Research 40

PYMNTS

MARCH 11, 2016

The feud between Apple and the FBI has turned hostile, with the government agency calling out Apple’s actions as false and corrosive to the very system meant to protect rights. The debate began when the FBI demanded Apple to unlock the iPhone of one of the two San Bernardino shooters.

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PYMNTS

MAY 5, 2016

FBI Cyber Division Assistant Director James Trainor is telling businesses that, though ransomware attacks are on the rise, it’s best not to pay hackers when the situation arises. Last year, the FBI received roughly 2,453 complaints related to ransomware malware attacks, which amounted to $24.1 million in losses for victims.

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PYMNTS

OCTOBER 1, 2018

According to a report in Forbes , 28-year-old Grant Michalski was ordered by an FBI agent to use Face ID to unlock his phone, which he complied with, during a child abuse case in Columbus, Ohio. When FBI agents searched his home they also ordered him to unlock the phone.

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PYMNTS

MAY 8, 2017

In a warning to businesses covered by Reuters , the FBI said bad guys used email and pretended to be from real businesses to try and steal $5.3 In a previous report, the FBI had said thieves tried to steal $3.1 The FBI did not say how much money the bad guys were able to steal. Reuters also noted that the U.S.

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FBI Wire Wires Email Compromise 41

PYMNTS

APRIL 15, 2020

The FBI said people of all ages are potential victims for scammers and fraudsters, who are now using cryptocurrency channels as a replacement for the traditional money scams of old. That could include blackmail schemes in which scammers say they’ll infect friends and family members if a certain payment is not made.

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PYMNTS

AUGUST 11, 2017

FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. He received a total of $8,700, which he used for a laptop, a mobile phone and a VPN communications network, all of which the FBI says he used to communicate with the Islamic State network.

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FBI Law Enforcement Transactions Online and Mobile Banking 42

PYMNTS

JUNE 15, 2016

The FBI is warning about the increasing risk of wire transfer fraud. As part of its newly launched public awareness campaign on wire transfer fraud, the FBI provided tips to help companies detect and fight the threats. 79 | The number of countries identified by the FBI as being involved in requests for fraudulent transferred funds.

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PYMNTS

SEPTEMBER 8, 2017

The probe, led by the New York office of the Federal Bureau of Investigation (FBI) and the Manhattan U.S. The Wall Street Journal reported on the investigation, citing sources familiar with the process. We are cooperating with the SDNY investigation,” said an Uber spokesman, referring to New York’s Southern District.

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FBI Privacy Laws Authorization 55

PYMNTS

APRIL 28, 2016

Ever since the cold war between Apple and the FBI seemed to veer away from courtroom drama territory, updates have been coming like drips from a faucet. However, now that it’s public knowledge that the government paid a group of hackers to access the phone on its behalf, the FBI is suddenly mum on the issue. ”

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FBI Privacy Assessments Legal 40

PYMNTS

MARCH 13, 2017

The FBI announced the most expensive bounty ever for a cybercriminal to help catch Evgeniy M. The New York Times reported that the FBI has been trying to track down Bogachev, and last year the Obama administration even announced sanctions against him for his computer crimes. Bogachev, who was indicted in the U.S.

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FBI Law Enforcement Crime Authorization 41

PYMNTS

MAY 30, 2016

Is the FBI attempting to get a glance at information Pinterest holds on its users? That indicates that Pinterest might well have been served with a National Security Letter by the FBI. That indicates that Pinterest might well have been served with a National Security Letter by the FBI.

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PYMNTS

SEPTEMBER 21, 2018

To that end, the the Internet Crime Complaint Center (IC3), a hub to bring complaints to the Federal Bureau of Investigation (FBI), is eyeing payroll fraud. Payment fraudsters are looking to get between consumers and their paychecks.

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PYMNTS

MAY 12, 2016

Comey stated that some encryption offerings are actually “affecting the criminal work [of the FBI] in huge ways.” The department resorted to retaining and using an independent contractor since Apple refused to bypass the security (and encryption methods) used in conjunction with the phone.

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FBI Encryption Privacy Legal 40

PYMNTS

MARCH 21, 2016

The FBI, along with the Department of Transportation and the U.S. ” The FBI made mention of the now-infamous hacker pair of Charlie Miller and Chris Valasek and their successful forced entry into the computer of several current market vehicles.

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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