Innovative Payments Association

MAY 20, 2024

I have been attending the FBI Citizens Academy at the Bureau’s Cleveland Field Office. It is a program the FBI runs every year to explain its mission to the public. Hacks are not just an IT problem, you will need to communicate and take action with customers, vendors, law enforcement, and internally.

Cybersecurity 52

Cybersecurity FBI Law Enforcement Crime 52

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. When reporting the breach, law enforcement or another party helping to act on the breach will use this information to determine and advise on the next steps.

Data Breach 130

Data Breach Breach Law Enforcement Cybersecurity 130

Clearly Payments

MARCH 4, 2024

Operation Phish Phry (2009) Operation Phish Phry stands as a testament to the cunning and audacity of cyber criminals orchestrating large-scale payment processing fraud. Elevated awareness of phishing scams and cybersecurity threats. Heightened scrutiny of data protection measures in payment processing.

Phishing 59

Phishing Data Breach Law Enforcement Money Laundering 59

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

APRIL 22, 2020

In another example, the FBI said they identified lookalike Internal Revenue Service (IRS) stimulus payment domains. The sites were used as phishing schemes, authorities said. Others pretend to be government agencies or public health organizations designed to trick viewers into entering banking and credit card information.

Scams 69

Scams Federal Trade Commission Law Enforcement Phishing 69

PYMNTS

DECEMBER 22, 2016

Data security company Imperva, reports said, found that phishing attacks are more likely to be successful when a person opens an email at work (with 35 percent of phishing emails sent between 9 a.m. Further, IBM Security found that many of these targets never report the hack or details of the breach to law enforcement.

Cybersecurity 68

Cybersecurity Research Phishing Breach 68

PYMNTS

DECEMBER 4, 2018

The Financial Times noted that in July the FBI warned hackers were targeting CFOs, getting them to transfer money to unknown accounts. Agari, noted the report, turned over the evidence to law enforcement agencies both in the U.S. The report noted that if members of the hacking group are living in the U.K. or the U.S.

Law Enforcement 46

Law Enforcement Email Compromise FBI Scams 46