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.
PYMNTS
OCTOBER 7, 2019
An FBI inquiry into the allegations is centered upon claims of fraudulent spend within SEPTA and misuse of the authority’s procurement cards — a common source of internal fraud for both private and public entities. A New Twist On the BEC Scam.
PYMNTS
AUGUST 20, 2018
If the Federal Bureau of Investigation (FBI) is right, a whole other bad idea is about to be unleashed upon our collective bank accounts. Krebs on Security cited a confidential alert that the FBI sent to banks late last week, saying that millions of dollars can be stolen in only a few hours.
PYMNTS
APRIL 18, 2016
The FBI put pressure on Apple to design custom software that would allow them to unlock an iPhone belonging to Syed Farook, one of the shooters. After a much-publicized standoff, the government dropped its case, claiming it had been approached by a third-party vendor offering a way into the phone.
PYMNTS
AUGUST 20, 2018
And, if the Federal Bureau of Investigation (FBI) is right – a whole other bad new idea is about to be unleashed up our collective bank accounts. According to a Krebs on Security report, citing a confidential alert the FBI sent to banks late last week, millions of dollars can be stolen in only a few hours.
PYMNTS
DECEMBER 8, 2019
They buy modules and code from third-party vendors and the larger supply chain and don’t write the code themselves. As well, the FBI recently issued a warning about web skimming. For some companies, it will be less of a problem than for others. Amazon can hire an army of engineers,” he said. Smaller players cannot.
CB Insights
JULY 23, 2020
” Instances of intrusion were so frequent that the FBI issued a warning about the phenomenon. Over the last 4 years, companies and individuals lost an estimated $26B from a combination of business email compromise and email account compromise schemes, according to the FBI. This became known as “Zoombombing.”
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