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FBI, BBB Sound Another Business Email Compromise Alarm

PYMNTS

companies via the Business Email Compromise scam, reports in The East African said last week. When Fairfax County discovered it was being defrauded, the FBI launched Operation reWired to capture the online fraudsters. The FBI revealed earlier this month that the operation led to arrests and the seizure of millions of dollars.

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FBI Says Russian Hackers Have Compromised Routers

PYMNTS

authorities said Friday (May 25) that Russian hackers had “compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic,” according to a report from Reuters. The new follows warnings earlier this week about a potential massive cyberattack timed to a soccer match in the Ukraine.

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FBI Probing Hack Of US Electricity Providers

PYMNTS

The FBI is investigating a hacking campaign that targeted more than a dozen U.S. According to The Wall Street Journal , researchers at a Silicon Valley cybersecurity company discovered the cyberattack attempts. Of the 11 utilities named, none said that they were breached, but about half said they had been warned by the FBI.

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Data Blizzard Hits LA Schools: Students data stolen in Snowflake Hack

VISTA InfoSec

Upon investigation, it was revealed that personal information such as student names, addresses, dates of birth, and potentially other sensitive details had been compromised. LAUSD officials have announced that it has informed the FBI, CISA, and its vendors to investigate the incident further. 5 / 5 ( 1 vote )

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FBI Warns Banks About Widescale ATM Cash-Out Scam

PYMNTS

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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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. There were almost 24,000 complaints in 2019 and, according to the FBI, each successful attack costs roughly $75,000.

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Japan’s Uniqlo Hacked; 460K Accounts Compromised

PYMNTS

Japan’s Fast Retailing, the company that owns the Uniqlo retail chain, said that data from upwards of 460,000 customer accounts was compromised by hackers from April 23 to May 10, according to a report by CNBC. That project, however, was abandoned due to legal concerns.