Tagged: fbi

Thumbnail 0

Data Breachapalooza – Daily Security Byte EP.153

It’s bad enough that we seem to learn about a new data breach every week, but today we learned about four new data breaches, including one that leaked 15M customer record. Watch today’s video to learn which companies were affected, what data was stolen, and what users should do about it

Image reshippinggraphic-580x328.png 0

With Stolen Cards, Fraudsters Shop to Drop

A time-honored method of extracting cash from stolen credit cards involves “reshipping” scams, which manage the purchase, reshipment and resale of carded consumer goods from America to Eastern Europe — primarily Russia. A new study suggests that some 1.6 million credit and debit cards are used to commit at least $1.8 billion in reshipping fraud each year, and identifies some choke points for disrupting this lucrative money laundering activity. Many retailers long ago stopped allowing direct shipments of consumer goods from the United States to Russia and Eastern Europe, citing the high rate of fraudulent transactions for goods destined to those areas

FBI and Apple’s Encryption 0

FBI and Apple’s Encryption

The New York Times is reporting that Apple encryption is hampering an FBI investigation: In an investigation involving guns and drugs, the Justice Department obtained a court order this summer demanding that Apple turn over, in real time, text messages between suspects using iPhones. Apple’s response: Its iMessage system was encrypted and the company could not comply. Government officials had warned for months that this type of standoff was inevitable as technology companies like Apple and Google embraced tougher encryption.

FBI: $1.2B Lost to Business Email Scams 0

FBI: $1.2B Lost to Business Email Scams

The FBI today warned about a significant spike in victims and dollar losses stemming from an increasingly common scam in which crooks spoof communications from executives at the victim firm in a bid to initiate unauthorized international wire transfers. According to the FBI, thieves stole nearly $750 million in such scams from more than 7,000 victim companies in the U.S